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23 Apr 2024, 9:01 pm by renholding
The Court of Chancery recently examined such an agreement in In West Palm Beach Firefighters’ Pension Fund v. [read post]
21 Apr 2024, 2:25 pm by Steven Calabresi
Attorney David Weiss of Delaware to be Special Counsel for the prosecution of Hunter Biden, allowing Weiss to file charges anywhere in the U.S. and not only in Delaware. [read post]
18 Apr 2024, 2:05 pm by Steve Bainbridge
First, corporate law outside Delaware does contemplate that some transactions approved by the shareholders become non-reviewable. [read post]
8 Apr 2024, 4:22 am by Peter Mahler
Delaware law, for example, does not authorize a claim for judicial dissolution of a close corporation based on shareholder oppression. [read post]
7 Apr 2024, 9:05 pm by renholding
However, following self-interest does not automatically yield socially positive results when not channeled into productive work and investments that predictably redound to collective well-being. [read post]
2 Apr 2024, 9:05 pm by renholding
” ENDNOTE [1] See Order, Lujan Claimants v. [read post]
2 Apr 2024, 9:01 pm by renholding
New Section 147 is being added in light of the Delaware Court of Chancery’s opinion in Sjunde AP-Fonden v. [read post]
21 Mar 2024, 1:01 pm by Joshua Smeltzer
Furthermore, the Tax Court found that that the Limited Partner Exception does not apply to a partner who is limited in name only. [read post]
18 Mar 2024, 4:32 am by Peter Mahler
The Appellate Division last week in Behler v Tao (read here) affirmed the order below in a 3-2 decision featuring a majority opinion authored by Presiding Justice Sallie Manzanet-Daniels, applying what she labels “explicitly contractarian” Delaware LLC law “sometimes leading to harsh results,” and a dissenting opinion authored by Justice Ellen Gesmer exalting “basic principles of contract law and fundamental fairness. [read post]