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24 Feb 2022, 6:02 am
The Delaware General Assembly has approved legislation amending Section 145 of the Delaware General Corporation Law (the “DGCL”) to authorize a Delaware corporation to use captive insurance, which is generally defined as insurance provided by or through a wholly-owned subsidiary funded by the corporation, to protect its current and former directors, officers and other indemnifiable persons (“covered persons”). [read post]
18 Dec 2018, 1:38 am
This case also serves as a reminder that in Delaware the trial courts do not view themselves–in the first instance–as enforcers of all the rules of professional conduct for lawyers–unless a violation interferes with the administration of justice in the litigation–though they may, as in this case, refer the matter to the Office of Disciplinary Counsel, which is an arm of the Delaware Supreme Court, or the analogous agency in other states… [read post]
28 Dec 2009, 8:59 am
§ 3104(c)(3), occurred in Delaware. [read post]
1 Apr 2024, 12:14 pm
At that time, the primary insurer did not consider the company’s communication to be a claim and stated it needed additional information. [read post]
4 Apr 2016, 12:58 am
CASE: I-485 / National Interest Waiver CLIENT: Korean LOCATION: Delaware Our client contacted us in March 2015 about the possibility of doing a National Interest Waiver. [read post]
20 Mar 2023, 12:15 am
Lipton at Tulane Law School begins her forthcoming, Inside Out (or, One State to Rule them All): New Challenges to the Internal Affairs Doctrine, by quoting Delaware Vice Chancellor J. [read post]
1 Feb 2024, 12:33 pm
Musk, Chancellor McCormick states that "Delaware's most onerous standard of review, entire fairness, applies because [Musk's compensation plan] was a conflicted-controller transaction. [read post]
2 Jan 2008, 3:40 pm
Click on a link below to visit that states General Assembly or Legislature web site, where you can look up new House and Senate bills.I also have this Google Spreadsheet, which has tons of email addresses and web addresses on it. [read post]
13 Jul 2011, 4:05 pm
As noted previously on this blog, e.g., here, the Delaware Court of Chancery has previously applied the federal standard for motions to dismiss but this and other decisions make it clear that the federal standard governs motions to dismiss under Delaware state law. [read post]
21 May 2012, 11:19 am
Coverage from Delaware begins at the link. [read post]
3 Nov 2017, 9:03 am
Attorneys general from Delaware, Maryland, New York and Virginia [official websites] on Wednesday joined [amended complaint, PDF] California's federal lawsuit against the Trump administration's regulations that allow employers or health insurers with religious or moral objections to opt out of providing coverage for contraceptives in their health insurance plans. [read post]
20 Dec 2018, 2:39 pm
” Those first principles included several basic tenets of corporate law such as the following: (i) Although the document filed with the state that gives rise to an artificial entity such as a corporation, and confers powers on it, is a contract, it is not an ordinary private contract among private actors; (ii) The certificate of incorporation is a multi-party contract that includes the State of Delaware. [read post]
8 Aug 2011, 8:21 am
Delaware County, Indiana was the site of a deadly Semi Truck Crash Saturday afternoon. 71-year old Rose Ann Trego from Muncie, Indiana was killed when her vehicle collided with a tractor trailer on Indiana State Road 32. [read post]
24 Jul 2024, 11:33 am
Plaintiff therefore failed to state a breach of fiduciary duty claim. [read post]
16 Nov 2013, 4:44 pm
In Delaware Until recently, the Delaware courts have gone back and forth on this question. [read post]
4 Apr 2010, 7:44 pm
Why are only Delaware and Tennessee getting the money? [read post]
10 Oct 2011, 3:00 am
In the Delaware case, the court held that the retired member of an accounting firm organized as an LLC was entitled to his pro rata share of the firm's liquidation value and not "fair value" under the Delaware LLC Act's default rule. [read post]
3 Dec 2018, 6:54 am
DELAWARE On August 29, 2018, Delaware passed a law that includes mandatory distribution to employees of a state-created information sheet on sexual harassment. [read post]
5 Mar 2011, 7:54 pm
The court reversed a decision of the Delaware County Surrogate denying a petitioner's motion for summary judgment dismissing objections to the decedent's will. [read post]
2 Jan 2018, 7:48 am
Delaware: The Delaware estate tax has been repealed effective January 1, thanks to legislation signed last year implementing a recommendation of a state advisory committee. [read post]
