Our recent Client Alert discusses the extensive and important set of amendments to the Delaware General Corporation Law (the DGCL) that will become effective on August 1, 2024. The amendments, which will apply both prospectively and retrospectively, were largely intended to address several recent Delaware Court of Chancery decisions that many practitioners considered inconsistent with prevailing market practice. The DGCL amendments will have significant impacts for both private and public companies and should mitigate many questions about market practice raised in the recent Delaware Court of Chancery rulings.