4 ms·
I don’t know in this case specifically. In the typical case though I’ve seen corporate charters enhance fiduciary duties, I’ve seen them specify auction procedu
by a12k 2y ago
I don’t know in this case specifically. In the typical case though I’ve seen corporate charters enhance fiduciary duties, I’ve seen them specify auction procedures, I’ve seen them give certain classes certain rights, and most importantly for this case I’ve seen them define corporate governance during the auction sale.
So potentially has massive implications for the auction and its fairness.