Below are some notable observations from the opinion by Justice Franklin D. Elia:
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"[N]either California nor Delaware law requires forum selection clauses be freely negotiated to be enforceable."
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"The forum selection bylaw is entirely consistent with Drulias's reasonable expectations at the time he chose to purchase stock in 1st Century."
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"Forum selection bylaws have the effect of consolidating such litigation into a single forum, thereby reducing litigation expenses and avoiding duplication of effort (not to mention promoting efficient use of judicial resources), which is beneficial to corporations and their shareholders alike."
