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August 06, 2026

TXSE Takes Aim at Broker Discretionary Voting

By Wendy Grasso
The Texas Stock Exchange (TXSE), which just began live trading in July, is already proposing a significant change to how uninstructed shares get voted at its listed companies.
The Texas state flag.
August 06, 2026

TXSE Takes Aim at Broker Discretionary Voting

By Wendy Grasso
The Texas Stock Exchange (TXSE), which just began live trading in July, is already proposing a significant change to how uninstructed shares get voted at its listed companies.
August 04, 2026

Delaware Court of Chancery Exempts PBC Directors from Revlon Duties

By Wendy Grasso
A recent opinion by the Delaware Court of Chancery addresses, for the first time, whether Revlon's best-price mandate applies to public benefit corporation (PBC) directors, who are statutorily required to balance stockholder pecuniary interests with the interests of affected constituencies and the corporation’s stated public benefit.
People signing a court document.
August 04, 2026

Delaware Court of Chancery Exempts PBC Directors from Revlon Duties

By Wendy Grasso
A recent opinion by the Delaware Court of Chancery addresses, for the first time, whether Revlon's best-price mandate applies to public benefit corporation (PBC) directors, who are statutorily required to balance stockholder pecuniary interests with the interests of affected constituencies and the corporation’s stated public benefit.