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20 May 2020, 7:59 am
” The CDC defines a fever as 100.4°F or higher, but some states, like Delaware, have ordered that, for certain industries, any temperature above 99.5°F renders an employee ineligible to work. [read post]
19 May 2020, 3:27 pm
In what is the latest variant of coronavirus-Related D&O claims, a plaintiff shareholder has filed class action lawsuit in Delaware State Court against the board of media technology Xperi with respect to the company’s planned merger with TiVo Corporation. [read post]
19 May 2020, 1:37 pm
While UI trust funds are running low in most states, the U.S. [read post]
18 May 2020, 5:03 pm
Eighteen out of the forty-nine Securities Act cases filed in state court in 2019 (or 36.7%) were filed in New York – more than in any other individual state. [read post]
18 May 2020, 6:00 am
In British Virgin Islands, Delaware, and Panama, one can incorporate a company within a few hours with little information about ownership and nature of work. [read post]
18 May 2020, 4:18 am
Courts of Appeals, and the highest appeals courts in Delaware, New York, and Texas. [read post]
17 May 2020, 7:38 pm
In addition to challenging a proper purpose (which can include a defense that the stated purpose is not the “true” purpose), a fertile field for disputes in this area relates to whether each of the documents requested is necessary to accomplish the stated purpose. [read post]
15 May 2020, 7:44 pm
Technically, Delaware law states that an operating agreement can also be oral or implied, but documenting your operating agreement in a formal, written contract is the only way to make it enforceable. [read post]
15 May 2020, 6:00 am
Posted by Michael Hatcher and Weldon Latham, Jackson Lewis P.C., on Tuesday, May 12, 2020 Tags: Board composition, Boards of Directors, California, Disclosure, Diversity, ESG, State law REITs and COVID-19: 15 Key Issues for Boards as they Chart the Course Forward Posted by Adam O. [read post]
15 May 2020, 3:00 am
The virtual campaign Biden is waging from Wilmington, Delaware, is a stark contrast with President Trump, who is planning travel despite warnings from public health experts about the coronavirus’s spread. [read post]
14 May 2020, 11:25 pm
The outcome:Lanard Toys Limited (“Lanard”) appeals from the decision of the United States District Court for the Middle District of Florida granting summary judgment in favor ofDolgencorp LLC, Ja-Ru, Inc., and Toys “R” Us–Delaware,Inc. [read post]
14 May 2020, 4:45 pm
Delaware: On May 13, the Delaware Insurance Commissioner approved revisions to the Delaware Basic Manual and the Delaware Statistical Plan Manual. [read post]
14 May 2020, 2:41 pm
On May 14, 2020, Delaware Chief Justice Seitz entered an Order further extending the public closure of all Delaware State courthouses and their administrative offices through June 13, 2020 (a copy of the Extension of Judicial Emergency Order can be found here). [read post]
14 May 2020, 1:00 pm
Beginning next week, New York State court system judges and chambers staff, along with designated clerks and support staff, will be returning to their courthouses in the following counties:On Monday, May 18,… [read post]
14 May 2020, 5:20 am
Contrary to the nattering of anti-Delaware fanatics, with their "race to the bottom" nonsense, I tell my students that one of the big reasons Delaware is the state of choice for incorporation is that... [[ This is a content summary only. [read post]
13 May 2020, 11:48 am
John Carney issued the 15th modification of the state emergency declaration due to COVID-19. [read post]
13 May 2020, 7:56 am
As we recently reported, incorporation (or formation) in Delaware is a legally sufficient basis for choosing Delaware law to govern non-compete restrictions – even if the employer is headquartered in another state and the employee works in another state.[2] Stated differently, and in terms of the Restatement (Second) of Conflicts of Laws (“Restatement”), incorporation or formation in Delaware by itself creates a… [read post]
12 May 2020, 11:05 pm
Moreover, pro-shareholder developments in Canada and the skepticism expressed by Delaware courts for certain poison pill features (e.g., dead-hand provisions) had made poison pills somewhat more palatable for shareholders. [read post]
12 May 2020, 4:53 pm
Delaware: On May 8, Governor Carney issued the Second Extension of the State of Emergency due to COVID-19, first declared March 12, 2020 and subsequently modified, until after May 31, 2020 or the public health threat from COVID-19 has been eliminated, whichever is later. [read post]
12 May 2020, 3:57 pm
Within the states, per capita distributions range from $1,562 in Pennsylvania to $5,051 in Wyoming. [read post]
