bylaw;expedite;"majority vote";"bylaw amendment";"bylaw proposal";"shareholder meeting";"annual meeting";"141(b)";"141(k)"

Kistefos AS v. Trico Marine Services, Inc., Del. Ch., No. 4497-CC (April 14, 2009), read letter opinion here.

Kevin Brady, a highly respected Delaware litigator, provides us with the benefit of his review of this case as follows.

This Chancery Court decision involves an action by a shareholder seeking a declaration that the company had improperly