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21 May 2024, 6:32 am
The Delaware State Bar Association (“DSBA”) and the Council of the DSBA’s Corporation Law Section recently approved a proposal (“the proposal”) to make an amendment (“the proposed amendment” or “the proposed legislation”) to Section 122 of the Delaware General Corporation Law (“DGCL”). [read post]
21 May 2024, 6:32 am
The Delaware State Bar Association (“DSBA”) and the Council of the DSBA’s Corporation Law Section recently approved a proposal (“the proposal”) to make an amendment (“the proposed amendment” or “the proposed legislation”) to Section 122 of the Delaware General Corporation Law (“DGCL”). [read post]
15 May 2023, 1:58 pm
Companies are frequently formed in Delaware, and corporate transactional documents often select the state for governing law. [read post]
18 Jul 2021, 8:15 am
As of July 2, 2021, three people infected with the outbreak strain of Listeria monocytogenes have been reported from Delaware and Texas. [read post]
30 Dec 2008, 2:24 pm
State Road 28 in Muncie, Delaware County, Indiana, was closed after a semi-truck hauling pigs knocked out power when it left the highway and struck several power poles. [read post]
28 Dec 2007, 9:33 pm
The best summary of this Delaware Supreme Court decision is supplied by the Court in the introductory paragraphs of its opinion:"[The Court decides] ... whether an out-of-state litigant should be awarded attorneys' fees and expenses in connection with a settlement of a Delaware corporate class action. [read post]
4 Dec 2014, 12:00 pm
On November 25, 2014, the Delaware Court of Chancery issued a decision in In Re Comverge, Inc. [read post]
17 Jul 2015, 9:34 am
On July 15, 2015 (the “Petition Date”), Milagro Exploration, LLC, Milagro Holdings, LLC and certain of their subsidiaries and/or affiliates (collectively, the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. [read post]
25 Jun 2022, 3:45 pm
As for Delaware, the State has thus far processed 5,680 license applications and renewals in fiscal year 2022 and has denied only 112. [read post]
4 Aug 2016, 12:25 pm
On July 27, 2016, Halcon Resources Corporation and certain of its affiliates (collectively, “Halcon” or the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. [read post]
4 Jan 2017, 1:00 pm
On January 4, 2016, Bonanza Creek Energy, Inc. and certain of its affiliates (collectively, “Bonanza” or the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. [read post]
14 Feb 2009, 7:19 pm
So, why no cases in Alaska, Montana, Delaware, Louisiana, New Mexico or South Carolina? [read post]
28 Mar 2011, 7:58 am
When enforcing covenants not to compete, Delaware has long been viewed as a “reformation” state – meaning that when faced with an overbroad covenant, Delaware law allows the court to reduce the scope of the covenant and enforce it to the extent that the court deems reasonable. [read post]
14 Mar 2010, 9:07 am
The notice shall state the name of the potential defendant(s), the potential plaintiff and give a brief description of the issue being investigated by plaintiff’s counsel. [read post]
15 Jan 2019, 2:48 pm
As I noted at the time (here), on December 19, 2018, Delaware Vice Chancellor Later held that under Delaware law, a corporate charter provision specifying that liability actions under Section 11 of the Securities Act of 1934 must be brought in federal court are invalid and ineffective. [read post]
19 Jun 2007, 1:44 am
The court dismissed the action, in relevant part, on grounds of failure to adequately plead demand futility and failure to state a claim. [read post]
19 Sep 2006, 6:39 am
I hope that some representatives from the State will be present to bid on some of the political memorabilia from the estate - so that it can be shared with the residents of Delaware.Celia Cohen wrote a thoughtful post last year, when Governor Carvel past away, which describes his impact upon the State, including an effort to spearhead the creation of a separate Delaware Supreme Court - Gov. [read post]
28 Jan 2016, 2:59 pm
The court recommends that other state courts adopt the same hostility to plaintiffs in M&A litigation that the Delaware courts have adopted. [read post]
28 Jan 2016, 2:59 pm
The court recommends that other state courts adopt the same hostility to plaintiffs in M&A litigation that the Delaware courts have adopted. [read post]
20 Dec 2017, 7:50 am
Carl is admitted in the State of Delaware and regularly practices before the Delaware Court of Chancery, with an emphasis on shareholder disputes. [read post]
