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    Delaware Court of Chancery Issues First Decision Addressing Public Benefit Corporations governance corpgov.law.harvard.edu
    via editorial

On July 29, 2026, Vice Chancellor Nathan Cook of the Delaware Court of Chancery issued a decision addressing, for the first time, the fiduciary duties of directors of a public benefit corporation (PBC)—including in a sale of control. Under the PBC form, the purpose of corporate decision-making is not merely to advance stockholder value—as is […]

Source: Harvard Law School Forum on Corporate Governance

Published: 2026-08-05T11:30:02Z