Delaware Court of Chancery Upholds Boards' Unilaterally Adopted Forum Selection By-laws | Practical Law
The Delaware Court of Chancery ruled in Boilermakers Local 154 Retirement Fund v. Chevron Corporation that forum selection by-laws unilaterally adopted by the boards of directors of Chevron and FedEx were valid under Delaware law, and contractually valid and enforceable as forum selection clauses.