Global Ship Lease (GSL) has disclosed a new risk, in the Share Price & Shareholder Rights category.
Global Ship Lease faces a considerable business risk regarding the forum selection provisions in its Fourth Amended and Restated Bylaws. Legal challenges in other companies suggest that courts may deem such provisions unenforceable, undermining the company’s strategy to centralize legal proceedings. Should these provisions fail in court, Global Ship Lease could confront litigation across multiple jurisdictions, escalating legal costs and disrupting anticipated operational efficiencies. Consequently, this uncertainty poses a threat to the company’s business stability and financial outcomes.
The average GSL stock price target is $26.00, implying 29.87% upside potential.
To learn more about Global Ship Lease’s risk factors, click here.
