In a much-anticipated decision, Maffei v. Palkon (“Tripadvisor”) (Feb.  4, 2025), the Delaware Supreme Court held that the Tripadvisor, Inc. board’s decision to reincorporate the company from Delaware to Nevada is subject to the deferential business judgment rule standard of review—and not the significantly more onerous entire fairness standard. The decision reverses the Court of Chancery’s holding … Continue reading Delaware Supreme Court Overturns Tripadvisor Decision, Providing a Clearer Path for Reincorporation