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28 May 2024, 12:03 pm by Matthew Dochnal
Top 16 Benefits Of A Delaware LLC How Does a Corporation Work? [read post]
28 May 2024, 9:11 am by David Oxenford and Keenan Adamchak
The political season continues in June, and broadcasters serving Alabama, Arizona, Connecticut, Delaware, Florida, Guam, Hawaii, Kansas, Michigan, Minnesota, Mississippi, Missouri, Oklahoma, South Carolina, South Dakota, Tennessee, Vermont, Virgin Islands, Washington, and Wisconsin should be aware of the opening of the following political windows for certain primaries and elections scheduled to occur in June, July, and August – meaning that Lowest Unit Rates apply to sales to… [read post]
28 May 2024, 6:31 am
In a new Article I try to bridge this mismatch by conceptualizing the doctrine (often dubbed Caremark, after Delaware’s leading precedent). [read post]
28 May 2024, 6:31 am
In a new Article I try to bridge this mismatch by conceptualizing the doctrine (often dubbed Caremark, after Delaware’s leading precedent). [read post]
28 May 2024, 3:00 am by John Jenkins
One of the most challenging aspects of Delaware’s corporate law jurisprudence over the past 40 years has involved efforts to reconcile the contractual obligations that a target board may commit itself to in connection with a sale transaction and its fiduciary duties to target company stockholders. [read post]
27 May 2024, 8:48 am by Francis Pileggi
Takeaways and Gems of Delaware Law The court observes that “Delaware law does not regard a contractual breach as less culpable than a fiduciary breach. [read post]
27 May 2024, 8:32 am by Francis Pileggi
A recent Delaware Court of Chancery decision addressed many Delaware legal precepts of importance in connection with claims by members in a web of related alternative entities, that have broad application for those involved in commercial and business litigation. [read post]
27 May 2024, 8:21 am by Jonathan Rosenfeld
  Many states, including California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Utah, Vermont, Virginia and Washington, offer drivers’ licenses to undocumented drivers [1]. [read post]
24 May 2024, 9:31 am by Ann Lipton
I previously posted about the proposed changes to Delaware law, the latest version of which would allow shareholder agreements insofar as they don’t go further than what a charter – including a preferred share issuance – could allow (except for... [read post]
24 May 2024, 8:55 am by Lawrence Solum
On the other, state courts—most prominently, in Delaware—administer equity to preserve the correct operation of law in unforeseeable situations (substantive equity). [read post]
24 May 2024, 8:28 am
Jack Stollsteimer, the Delaware County district attorney, moved to dismiss the charges posthumously, acknowledging yet another example of a Black person being wrongfully convicted of a crime they hadn’t committed.On Friday, Alexander’s family filed a federal lawsuit in the District Court for the Eastern District of Pennsylvania against Delaware County, as well as the estates of the detectives and prosecutors on the case, calling their conduct “outrageous,… [read post]
24 May 2024, 6:30 am
Day, Skadden, Arps, Slate, Meagher & Flom LLP, on Sunday, May 19, 2024 Tags: delaware, Delaware courts, Delaware law, disclosures, stockholder approvals, stockholder voting 2024 Caremark Developments: Has the Court’s Approach Shifted? [read post]
24 May 2024, 6:30 am
Day, Skadden, Arps, Slate, Meagher & Flom LLP, on Sunday, May 19, 2024 Tags: delaware, Delaware courts, Delaware law, disclosures, stockholder approvals, stockholder voting 2024 Caremark Developments: Has the Court’s Approach Shifted? [read post]
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]
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]