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5 Jan 2022, 10:49 am
The court in this recent decision determined that although Section 3114 was satisfied, due process was not satisfied given the nature of the action and the paucity of the contacts with the state. [read post]
22 Apr 2011, 2:23 pm
The DRBC is a federal-interstate entity formed by compact and concurrent legislation by the federal government, Delaware, New Jersey, Pennsylvania, and New York to manage the water resources of the Delaware River Basin. [read post]
23 Jun 2014, 9:22 am
” Certainly not the first state court, however. [read post]
1 Oct 2022, 3:06 pm
Robert Rhee claims to have determined that Delaware corporate law does not add value relative to that of non-Delaware states. https://corpgov.law.harvard.edu/2022/09/30/the-irrelevance-of-delaware-corporate-law/… But what if corporate law generally does not impact firm value across a broad spectrum of firms? [read post]
3 Apr 2012, 7:23 am
According to a story in The Delaware County Times, an agreement could be reached between Elwyn and the state of Pennsylvania over licensing issues of its Valley View residential facility for deaf and deaf-blind senior citizens located in Media, Delaware County. [read post]
16 Aug 2016, 9:00 am
Thus, the decision, Delaware Riverkeeper Network v. [read post]
11 Sep 2018, 10:55 am
It can, and should, be done by states, and especially Delaware, by doing the following: (more…) [read post]
7 Jun 2022, 3:50 am
Seven states (Delaware, Nevada, Ohio, Oregon, Tennessee, Texas, and Washington) currently levy gross receipts taxes, while several others, including Pennsylvania, Virginia, and West Virginia, permit local taxes imposed on a gross receipts base. [read post]
12 Mar 2014, 12:35 pm
Evidence based upon a few isolated quotes stating the deal was accelerated or reflecting one director’s belief, or perhaps mere bargaining position, of the Company’s value does not state a claim for bad faith in this context. [read post]
31 Oct 2015, 10:30 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]
4 Aug 2019, 6:27 am
Importantly, the governing documents of a Delaware entity (such as the certificate of incorporation or bylaws of a corporation, or the limited liability agreement of a limited liability company) can override the application of the safe harbor provisions, but the prohibition must be expressly stated. [read post]
9 Dec 2009, 7:31 am
Last week, Judge Mary Walrath of the United States Bankruptcy Court for the District of Delaware issued a decision in the Washington Mutual, Inc. [read post]
3 Aug 2017, 5:29 pm
Second, as I discussed in a prior blog post (here), a recent Delaware Superior Court ruling determined that the term Securities Claim in the D&O insurance policy at issue in the case was not limited just to alleged violations of the federal securities laws and state securities laws, but in fact is much broader. [read post]
8 Jul 2019, 6:38 am
The 24 other states which have legislated are: Arizona, Arkansas, Colorado, Delaware, Florida, Georgia, Hawaii, Illinois, Indiana, Iowa, Kansas, Michigan, Minnesota, Missouri, New Mexico, North Carolina, Ohio, Oklahoma, Rhode Island, Tennessee, Texas, Utah, Virginia, and West Virginia. [read post]
17 Sep 2008, 10:04 am
I was honored that State Senator Margaret Rose Henry was also in attendence. [read post]
21 May 2012, 3:56 pm
Last week I had the opportunity to speak with Colin O’Keefe of LXBN TV on a subject I’ll be leading a panel on at the Delaware State Bar Association’s Annual Seminar on Recent Developments in Delaware Corporate and Alternative Entity Law: how blogs have changed the practice of corporate law. [read post]
13 Aug 2010, 1:36 pm
Eighty-one civil lawsuits have been filed, and some are on track to go to trial in state court this fall. [read post]
11 Apr 2023, 6:24 am
By Jay Fishman, J.D.California and Texas securities regulators joined the regulators of Alabama, Colorado, Delaware, New Jersey, South Dakota and the North American Securities Administrators Association, Inc. [read post]
9 Aug 2024, 6:09 am
Florida has more active business entities than even the state of Delaware. [read post]
23 Apr 2011, 6:29 pm
Here's the question: Delaware General Corporation Law sections 141( c )(1) and (2) state: “The board of directors may . . . designate 1 or more committees, each committee to consist of 1 or more directors of the corporation. [read post]
