“Definitely a key practitioner in the Delaware corporate bar” (Chambers USA), Steve Bigler has served as Delaware counsel on many of the transactions that have shaped Delaware corporate law.
Throughout his more than 35 years practicing with Richards Layton, Steve has provided counsel on the complex Delaware corporate law matters—including fiduciary duty, governance, and control issues and disputes—that arise throughout a corporation’s existence, from formation and early-stage financing to initial public offering or sale of the company. Steve’s clients include private and public corporations of all sizes and stages and their directors, board committees, significant stockholders, and investors, as well as the prominent law firms that also represent them.
Clients consider Steve “a top-notch corporate lawyer,” noting that “he is excellent and truly a pleasure to work with” (Chambers USA). Steve has considerable experience analyzing and drafting preferred stock terms, merger and investment agreement terms, and other corporate documents governed by Delaware law. He had a lead role in drafting provisions implementing a number of innovative changes to the Delaware General Corporation Law, including:
- Sections 204 and 205, permitting ratification of defective corporate acts (adopted in 2013)
- Section 122(17), permitting advance waivers of corporate opportunities (adopted in 2000)
- Section 251(g), permitting holding company reorganizations without a stockholder vote (adopted in 1995)