Washington Entities: How Far Can Founders Go?
Navigating Board and Management Authority in WA Business Entities Last year, the Delaware Court of Chancery issued a decision in West Palm Beach Firefighters’ Pension Fund v. Moelis & Co. 211 A.3d 809 (Del. Ch. 2024), striking down several provisions of a stockholder agreement that gave the founder sweeping control over corporate governance. The ruling sent ripples… Read More


