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9 Jun 2024, 9:05 pm by renholding
On February 23, 2024, the Delaware Court of Chancery issued its decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
7 Jun 2024, 11:43 am by Steve Bainbridge
The amendment is designed to overturn VC Laster's recent decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
7 Jun 2024, 8:05 am
To the Honorable Members of the Delaware Legislature: We write to express our opposition to the proposed amendment to Section 122(18) of the Delaware General Corporation Law (“the Proposal”), introduced by the Corporation Law Section of the Delaware State Bar Association and ostensibly designed to respond to the decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
7 Jun 2024, 8:05 am
To the Honorable Members of the Delaware Legislature: We write to express our opposition to the proposed amendment to Section 122(18) of the Delaware General Corporation Law (“the Proposal”), introduced by the Corporation Law Section of the Delaware State Bar Association and ostensibly designed to respond to the decision in West Palm Beach Firefighters’ Pension Fund v. [read post]
20 May 2024, 4:00 am by Unknown
By Anne Sherry, J.D.The Council of Institutional Investors (CII) is urging the Delaware State Bar Association to hit pause on recommending that the state legislature overturn a judicial decision. [read post]
  Claymont is near the Delaware River in the east; Hockessin is a dozen miles to the west. [read post]
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]
17 Apr 2024, 12:53 pm by Fox Rothschild LLP
In a lightning-fast response to the recent ruling in West Palm Beach Firefighters’ Pension Fund v. [read post]
7 Apr 2024, 9:05 pm by renholding
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
2 Apr 2024, 9:01 pm by renholding
  If enacted, the 2024 amendments will, among other things, make the following changes: Section 122, which enumerates express powers that a corporation may exercise, is being amended in response to the Delaware Court of Chancery’s opinion in West Palm Beach Firefighters’ Pension Fund v. [read post]
1 Apr 2024, 3:00 am by Meredith Ervine
– New Section 147 is being added in light of the Delaware Court of Chancery’s opinion in Sjunde AP-Fonden v. [read post]
28 Feb 2024, 6:41 am by Unknown
While Delaware allows corporations to contract, stockholder agreements containing veto rights and other restrictions conflict with the state’s board-centric model of governance. [read post]
23 Feb 2024, 1:50 pm by David Super
  It is losing states faster than it is gaining them:  in the last few years, Colorado, Delaware, Maryland, Nevada, and New Mexico rescinded Article V applications for causes ALEC is promoting; Illinois, New Jersey, and Oregon rescinded unrelated old applications after ALEC-aligned groups claimed those could somehow be counted to reach the necessary 34 states. [read post]