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2 Jun 2020, 5:57 am
Section 220 of the General Corporation Law of the State of Delaware is the statute allowing shareholders of a Delaware corporation to seek books and records for various purposes, including to investigate potential corporate wrongdoing, among other things. [read post]
15 Mar 2011, 3:08 pm by Andrew A. Lundgren
" Defendant CardioMEMS, a Delaware entity, had no offices, employees, or records in the state. [read post]
29 Jun 2007, 5:15 am
  As explained in my article, The Irrelevance of State Corporate Law in the Governance of Public Companies, one way Delaware maintains its lead in attracting charters is to provide provisions desired by those managing the company. [read post]
23 Mar 2010, 8:20 am by Eric Lipman
According to the survey, West Virginia has the worst lawsuit climate in the country, while, shocker, Delaware has the best. [read post]
And contrary to what is sometimes believed, Schedule 13D violations are not always curable with mere corrective disclosure, but may also give rise to damages under state law. [read post]
14 Mar 2014, 7:14 pm by Francis Pileggi
., No. 334, 2013 (March 14, 2014) The Delaware Supreme Court today affirmed the Court of Chancery’s decision granting summary judgment to the defendants under the business judgment standard of review (and not the entire fairness standard) where the controlling stockholder MacAndrews & Forbes conditioned its offer upon the MFW Board agreeing, ab initio, to two procedural protections, i.e., approval by a Special Committee and by a majority of the minority stockholders. [read post]
17 Mar 2020, 11:30 am by Stefanie Jackman
Dynamic Recovery Solutions LLC, ruled that the effect of a partial payment on revival of the statute of limitations was governed by the law of Delaware, the state designated in the choice of law provision in the plaintiff’s credit agreement, rather than the law of Maryland, the forum state. [read post]
16 Dec 2008, 5:18 am
12-16-2008 Delaware: After reading the recent article about the two child molesters that work for the state Department of Natural Resources and Environmental Control (Article at end of this post) I was sickened beyond belief. [read post]
20 May 2011, 3:28 pm by admin
Here is the official list of states supporting the Mac version of ExamSoft’s test software: Alaska, Alabama, Arkansas, Arizona, California, Colorado, Connecticut,  Delaware, Florida, Georgia, Hawaii, Idaho, Illinois, Iowa, Kansas, Maryland, Massachusetts, Minnesota, Missouri, Montana, Nevada, New Hampshire, New Mexico, New York, North Carolina, North Dakota, Oklahoma, Ohio, Oregon,  Rhode Island, South Carolina, South Dakota, Texas, Vermont, Utah,… [read post]
26 May 2015, 5:51 pm
In 2015, its score has risen to 47.9, putting it in 12th place rather than 19th.The state trails behind New Jersey, Maryland, and Wisconsin in terms of ranking; Washington, Minnesota, and Delaware are ranked first, second, and third respectively.In 2013, the state of Pennsylvania passed Act 89, which has helped to improve its ranking. [read post]
11 Feb 2014, 11:32 am by Alexis Yee-Garcia
  The case in the Northern District was stayed pending the outcome of the Delaware case, since both involved questions of Delaware state law. [read post]
20 Mar 2017, 9:11 am by Steven Boutwell
The court acknowledged the novelty of the plaintiffs’ claim by stating the following: “It is not immediately clear how an argument regarding bad faith fits within the M&F Worldwide framework. [read post]
On October 14, 2011, Chancellor Strine of the Court of Chancery of the State of Delaware issued a decision in In re Southern Peru Copper Corp. [read post]
1 Nov 2009, 9:35 am
Meanwhile, at the state level, corporate practitioners are closely following whether (and, if so, in what form) Delaware corporations will voluntarily adopt proxy access bylaws pursuant to the recent amendments to the DGCL. [read post]
12 May 2009, 7:50 am
" Baxter is quoted in the article as stating that "the heparin involved in the cases of the two patients who died is from North American-derived bulk material supplied by Pfizer Inc. [read post]
13 May 2010, 8:16 am by Joe Consumer
Delaware Senator Tom "I am a former governor of Delaware and I care a lot about states rights as a recovering governor" Carper (D-DE), apparently cares a lot more about the Big Banks in his state, because he is trying now to force an amendment into the financial reform bill to wipe out state Attorney General enforcement of financial fraud committed by Big Banks. [read post]
13 May 2010, 8:16 am by Joe Consumer
Delaware Senator Tom "I am a former governor of Delaware and I care a lot about states rights as a recovering governor" Carper (D-DE), apparently cares a lot more about the Big Banks in his state, because he is trying now to force an amendment into the financial reform bill to wipe out state Attorney General enforcement of financial fraud committed by Big Banks. [read post]