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Lost-Premium Damages under Merger Agreement – Proposed Amendment to the DGCL in Light of Crispo vs. Musk
23 May 2024, 2:52 pm by John Hempill and Karl Buhler
On March 28, 2024, the Council of the Corporation Law Section of the Delaware State Bar Association (“DSBA”) issued proposed amendments to the Delaware General Corporation Law (“DGCL”), which, if signed into law, would become effective on August 1, 2024. [read post]
Corporate Securities Law Blog - http://www.corporatesecuritieslawblog.com/
Report on the Investigation Into Unauthorized Classified Documents Discovered at Various Locations Related to President Joseph Biden
23 May 2024, 11:33 am by David Badertscher
This posting includes an excerpt from the Report on the Investigation Into Unauthorized Removal, Retention, and Disclosure of Classified Documents Discovered at Locations Including the Penn Biden Center and the Delaware Private Residence of President Joseph R. [read post]
Criminal Law Library Blog - http://www.criminallawlibraryblog.com/
No Disqualification Under Lawyer As Witness Rule
23 May 2024, 10:00 am by Legal Profession Prof
The Delaware Court of Chancery has denied a disqualification motion Brex seeks to disqualify Su’s trial counsel under Rule 3.7(a) of the Delaware Lawyers’ Rules of Professional Conduct (the “DLRPC”). [read post]
Legal Profession Blog - https://lawprofessors.typepad.com/legal_profession/
3 Questions and 3 Pieces of Advice: In a Hot M&A Market, Is Now the Time to Sell Your Business?
23 May 2024, 5:30 am by Michael Mercurio, Esq.
Our twelve offices serve individual and corporate clients in the Virginia, Washington, DC, Maryland, Delaware, Pennsylvania, New Jersey, and New York City regions. [read post]
New Jersey Property Management Blog - https://www.offitkurman.com/resources/legal-blog/
SpaceX Leaves Delaware; Should Others Follow?
22 May 2024, 2:50 pm by Dillon Reid
Should companies relocate from Delaware? [read post]
Strictly Business - http://www.strictlybusinesslawblog.com/
Chancery Subjects Reincorporation to Entire Fairness, Delaware Supreme Court Says Not So Fast
22 May 2024, 6:30 am
The Delaware Court of Chancery issued an order in Palkon v. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Chancery Subjects Reincorporation to Entire Fairness, Delaware Supreme Court Says Not So Fast
22 May 2024, 6:30 am
The Delaware Court of Chancery issued an order in Palkon v. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
Chancery Finds Egregious Conduct in Books and Records Action Justifying Fee-Shifting Against Corporation
22 May 2024, 6:00 am by R. Eric Hacker, Joseph C. Leonard, K. Tyler O'Connell
Jan. 26, 2024)Under the “bad faith” exception to the American Rule, Delaware courts will consider shifting fees when aggressive litigation strategies amount to “glaringly egregious” conduct. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Tesla shareholder group opposes Musk’s $46B pay, slams board “dysfunction”
21 May 2024, 11:46 am by Jon Brodkin
After a lawsuit filed by a shareholder, Delaware Court of Chancery Judge Kathaleen McCormick ruled that the pay plan was unfair to Tesla shareholders and must be rescinded.Read 18 remaining paragraphs | Comments [read post]
Law & Disorder - http://arstechnica.com/tech-policy/
Risk, AML & Conflicts Drama — Tesla Conflicts Threat, Crypto Clash Continues, Russian Litigation Funding Alleged in UK
21 May 2024, 6:51 am by Dan Bressler
Elson’s proposed brief argues that Delaware law does not permit the ‘unprecedented’ maneuver of undoing a Chancery Court judgment through a shareholder vote. [read post]
Bressler Risk Blog - http://www.bresslerriskblog.com
The Perils of Governance by Stockholder Agreements
21 May 2024, 6:32 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
The Perils of Governance by Stockholder Agreements
21 May 2024, 6:32 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Proposed DGCL § 122(18), Long-term Investors, and the Hollowing Out of DGCL § 141(a)
21 May 2024, 6:31 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
Proposed DGCL § 122(18), Long-term Investors, and the Hollowing Out of DGCL § 141(a)
21 May 2024, 6:31 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Controller’s Ability to Appoint and Remove Directors Insufficient to Establish Demand Futility
21 May 2024, 6:30 am
This post is based on her Sidley memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
Controller’s Ability to Appoint and Remove Directors Insufficient to Establish Demand Futility
21 May 2024, 6:30 am
This post is based on her Sidley memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Three Things That Must Be Included in a Product Warning Label
21 May 2024, 6:18 am by admin
  For safety agencies and those advocating for accident victims and their loved ones, these examples of substandard warning labels do provide a chuckle: for instance, the University of Delaware’s entry of “Cannot be made non-poisonous,” as a warning label on Windshield Wash Fluid is a bit funny. [read post]
Ken Allen Law Blog - https://www.kenallenlaw.com/news-media/blog/
Last Rights
20 May 2024, 2:47 pm by Legal Profession Prof
The Delaware Chancery Court has determined that the majority rules in a dispute among four sibling over whether the cremate or bury their late mother. [read post]
Legal Profession Blog - https://lawprofessors.typepad.com/legal_profession/
2024 Caremark Developments: Has the Court’s Approach Shifted?
20 May 2024, 6:30 am
Epstein, and M&A and Private Equity partners Steven Steinman, Maxwell Yim and Liza Andrews and is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
2024 Caremark Developments: Has the Court’s Approach Shifted?
20 May 2024, 6:30 am
Epstein, and M&A and Private Equity partners Steven Steinman, Maxwell Yim and Liza Andrews and is part of the Delaware law series; links to other posts in the series are available here. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/