Search for: "State of Delaware v. Wells."
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7 Oct 2021, 2:08 pm
Multiple lawsuits ensued, included both a securities class action lawsuit and a separate federal court shareholder derivative lawsuit alleging violations of the federal securities laws as well as claims for alleged violation of Delaware law. [read post]
6 Oct 2021, 3:18 pm
If the board was involved in the challenged transaction, Delaware courts applied the standard set forth by the Delaware Supreme Court in Aronson v. [read post]
4 Oct 2021, 2:32 pm
Importantly, as the SEC recognized, the United States Supreme Court held in Aaron v. [read post]
2 Oct 2021, 5:19 pm
(“dmarcian”) was incorporated in Delaware in 2014, and, in 2017, registered with the California Secretary of State as a foreign corporation with its “principal executive office” in Burlingame, California. [read post]
29 Sep 2021, 12:18 pm
Kwass v. [read post]
26 Sep 2021, 8:08 pm
The Delaware Supreme Court has announced a revised standard for an important aspect of corporate litigation: the analysis of pre-suit demand futility for purposes of pursuing a derivative stockholder claim, in United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund. v. [read post]
23 Sep 2021, 1:09 pm
Co. v. [read post]
21 Sep 2021, 8:19 am
The collection consists of more than 90,000 cases involving violations of Titles II, III and V of the ADA, as well as claims under disability rights laws in states that Lex Machina covers. [read post]
16 Sep 2021, 9:01 pm
One state, though, is not nine—and Delaware did not turn the proposal into law.The ninth state did, however. [read post]
16 Sep 2021, 5:00 am
Nevertheless, the DGCL expressly states some prohibitions on corporate freedom, and more generally restricts charters and bylaws form containing provisions that are contrary to, or inconsistent with, Delaware law because they go against public policy.The plain language of Section 262, however, does not prohibit stockholders from waiving their appraisal rights by stating that stockholders "shall" have a right to appraisal. [read post]
12 Sep 2021, 8:15 am
In March 2020, the Delaware Supreme Court held in Sciabacucchi v. [read post]
9 Sep 2021, 2:49 pm
” She also reviewed the Delaware Supreme Court’s 2019 decision in Marchand v. [read post]
6 Sep 2021, 5:17 pm
After all, Delaware is famous as an exporter of Delaware entities operating in other states, not as an importer of non-Delaware entities operating in Delaware. [read post]
30 Aug 2021, 9:56 am
In Guaranteed Rate, Inc. v. [read post]
26 Aug 2021, 5:00 am
Those of us in the United States, Liberia, and Myanmar would like an answer too, please. [read post]
2 Aug 2021, 8:06 am
Van Dusen v. [read post]
30 Jul 2021, 7:58 am
This competitor has outpaced Delaware’s legislative progress, is purported by Forbes to be the “Delaware of digital asset law,” and has sparked rumors that it could chip away at Delaware’s dominance as the corporate capital of the United States. [read post]
12 Jul 2021, 7:32 am
By Anne Sherry, J.D.The Delaware Court of Chancery dismissed, with prejudice, a would-be derivative complaint brought on behalf of FedEx against its board of directors. [read post]
[Eugene Volokh] Hawaii Bill Legalizing Stun Guns Just Became Law Today, Will Become Effective Jan. 1
7 Jul 2021, 3:26 pm
In Caetano v. [read post]
6 Jul 2021, 6:18 am
Pivotal Software, Inc. v. [read post]
