In 2010, public Delaware corporations began adopting forum provisions to require various types of “intra-entity” disputes — claims that directors breached their fiduciary duties in approving a sale transaction — be made solely in Delaware courts. However, over the past decade, this has now been shaped into a boilerplate provision under U.S. securities law.
Piotr (Pete) E. KorzynskiBrowsing
Piotr (Pete) E. Korzynski is a partner in Baker McKenzie's Corporate & Securities Group in Chicago. He has experience advising clients on mergers and acquisitions, equity transfers, corporate finance, SEC compliance matters, shareholder activism and corporate governance. Pete has also maintained an active pro bono practice and has previously served as the Chair of the Sargent Shriver National Center on Poverty Law’s Professionals’ Council, a volunteer board supporting the organization’s national anti-poverty advocacy. He has represented the Shriver Center and asylum applicants in various US federal appellate matters, including argument and briefing in Ferreira v. Lynch, 831 F.3d 803 (7th Cir. 2016) (clarifying that adverse credibility findings against asylum applicants may not be based on trivial inconsistencies from, or on otherwise unreliable, preliminary interviews). Prior to joining Baker McKenzie, Pete was an attorney in the corporate practice group of a New York-based international law firm. He also previously served as an extern to the Honorable Joan B. Gottschall, judge of the US District Court for the Northern District of Illinois. While in law school, Pete served as a senior editor and articles committee member of the Stanford Law & Policy Review.