Delaware corporate law has experienced a number of recent changes and trends, including the standard of judicial review in certain merger and acquisition transactions; legislation and court decisions affecting corporate bylaws; and other recent court decisions affecting items such as preferred stock investments, transactions with controlling shareholders and director compensation arrangements. A recent program sponsored by K&L Gates that featured partner Lisa R. Stark examined these topics in depth. The content of this program should be of particular interest to any fund manager or investment adviser that is formed as a Delaware corporation, as well as advisers that pursue activist investment strategies or that invest in the equity of a company’s capital structure. This article highlights the key points from Stark’s presentation. For additional insights from K&L Gates attorneys, see “New Rule Offers Managers a Way to Raise Capital in China” (Apr. 13, 2017); and “What Role Should the GC or CCO Play in the Audit of a Fund’s Financial Statements?” (Feb. 23, 2017).