This past November the Sandridge board changed corporatebylaws requiring a majority of shares outstanding rather than a simple majority of shares voting to enact a change in corporate governance.
If the court rules against Italian Colors, it could open the door to more widespread use of arbitration clauses that ban class actions, possibly even including changes in corporatebylaws to preclude securities class actions.
Reflected in the governance structure, individual and industry corporate members will have voting rights consistent with Bitcoin Foundation Articles and Bylaws.
Traditionally, companies that receive money from accredited investors to accelerate corporate growth will establish a board of directors (as outlined in the bylaws of the corporation) that is comprised of said investors and several key company executives.