Staying in the Delaware Corporate Governance Lane: Fee Shifting Bylaws and a Legislative Reaffirmation of the Rules of the Road

The Delaware legislature has taken steps towards the adoption of amendments to the Delaware General Corporation Law (DGCL) that would prohibit fee shifting provisions in the articles and bylaws. The language in the legislative proposal, however, addresses fee shifting provisions only in the context of "internal corporate claims." Some have raised concerns that this language would allow for fee shifting provisions that applied to other types of actions, including at least some cases brought under the securities laws. This piece suggests that in fact the Delaware General Corporation Law already prohibits the adoption of bylaws and certificate provisions that apply to causes of action unrelated to internal corporate claims. As a result, there was no reason for the Delaware legislature to expressly bar fee shifting provisions in these types of actions.

Vegetation Changes to the Okavango Delta, Botswana; A Comparison Between Managed and Non-Managed Areas

This capstone explores vegetation changes in the Okavango Delta area of Botswana. Spatial analyses were conducted using Moderate Resolution Imaging Spectroradiometer Normalized Difference Vegetation Index satellite imagery and Geographic Information System land management data to compare vegetation changes within managed areas to determine whether management practices have had beneficial or adverse impacts. Rainfall, logging, and livestock data were utilized to attempt to find a link to precipitation, logging, or overgrazing. After analysis the livestock data were the only one that showed a correlation to the vegetation changes observed. Of the vegetation cover types analyzed, forest showed the most change, a significant decrease. Little difference in vegetation changes was found in the managed areas, indicating that land management techniques are ineffective.