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7 Jun 2022, 3:50 am
Washington’s Business and Occupation Tax has the highest top rate of 3.3 percent, followed by Delaware’s Manufacturers’ and Merchants’ License Tax with a top rate of 1.9914 percent. [read post]
7 Jun 2022, 3:00 am
Over on The D&O Diary, Kevin LaCroix blogged about a Delaware federal court’s decision in Liberty Insurance Underwriters v. [read post]
6 Jun 2022, 10:51 am
The post Cambria Hotels breaks ground on first property in Delaware first appeared on Maryland Daily Record. [read post]
6 Jun 2022, 3:00 am
Delaware courts acknowledge that controlling stockholders generally have an incentive to maximize stockholder value in a third-party sale, but will apply the entire fairness standard to such a transaction in certain situations. [read post]
5 Jun 2022, 9:05 pm
Corporate law in the United States is for the most part enabling, created by frameworks of state statutes, with Delaware playing a leading role. [read post]
5 Jun 2022, 9:01 pm
The fundamental purpose of enabling corporate law statutes like Delaware’s and of the business judgment rule is to ensure that business leaders can innovate and can take risks without fear of undue liability or inhibition. [read post]
5 Jun 2022, 3:14 pm
Corwin cleansing is a corporate law doctrine providing that: the “business judgment rule is invoked as the appropriate standard of review for a post-closing damages action when a merger that is not... [[ This is a content summary only. [read post]
5 Jun 2022, 2:27 pm
Cook to serve as Vice Chancellor on the Delaware Court of Chancery.... [[ This is a content summary only. [read post]
3 Jun 2022, 2:07 pm
Delaware if the officer does not include information in an affidavit that may be material to probable cause, without regard to whether an objective officer could reasonably believe the submitted affidavit supported probable cause; (2) if not, whether Malley v. [read post]
3 Jun 2022, 10:03 am
There have been some noteworthy recent decisions in trade secrets law. [read post]
3 Jun 2022, 9:30 am
Today's advance release contract law opinion: Barclays Bank Delaware v. [read post]
3 Jun 2022, 6:31 am
Posted by Cynthia Mabry, Kerry Berchem, and John Goodgame, Akin Gump Strauss Hauer & Feld LLP, on Wednesday, June 1, 2022 Tags: Board oversight, Boeing, Caremark, Corporate liability, Delaware cases, Delaware law, ESG, Liability standards, Misconduct, Securities litigation, Shareholder suits Conducting Effective Board Assessments Posted by Maria Moats, Paul DeNicola, and Catie Hall, PricewaterhouseCoopers LLP,… [read post]
3 Jun 2022, 6:31 am
Posted by Cynthia Mabry, Kerry Berchem, and John Goodgame, Akin Gump Strauss Hauer & Feld LLP, on Wednesday, June 1, 2022 Tags: Board oversight, Boeing, Caremark, Corporate liability, Delaware cases, Delaware law, ESG, Liability standards, Misconduct, Securities litigation, Shareholder suits Conducting Effective Board Assessments Posted by Maria Moats, Paul DeNicola, and Catie Hall, PricewaterhouseCoopers LLP,… [read post]
2 Jun 2022, 12:11 pm
Razi The Supreme Court of Delaware recently held in First Solar v. [read post]
2 Jun 2022, 7:56 am
The Delaware Court of Chancery held that Skadden's billings as a court-appointed custodian in a bitter corporate deadlock that has been the subject of extensive litigation were properly paid. [read post]
2 Jun 2022, 6:35 am
The Delaware-incorporated company is engaged in minerals exploration and development from mines principally located in the U.S. [read post]
2 Jun 2022, 3:00 am
.; 6/22), the Delaware Chancery Court held that language in an antitakeover charter provision giving the board broad authority to construe its terms and providing that the board’s informed, good faith decisions would be “conclusive and binding” did not alter the standard of review applicable to fiduciary duty claims […] [read post]
1 Jun 2022, 9:05 pm
Over the past two years, Delaware courts have revamped their Caremark framework. [read post]
1 Jun 2022, 6:31 am
This post is based on their Akin Gump memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
1 Jun 2022, 6:31 am
This post is based on their Akin Gump memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
