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6 Aug 2019, 5:45 am by Kevin Kaufman
For instance, Maryland permits local governments to provide a credit for expanding manufacturing facilities.[6] Similarly, Idaho allows counties to exempt TPP that is part of an investment of at least $500,000 in a new manufacturing plant for up to five years.[7] Seven states (Delaware, Hawaii,  Illinois, Iowa, New York, Ohio, and Pennsylvania)  exempt all TPP from taxation, while another five states (Minnesota, New Hampshire, New Jersey, North Dakota,  and… [read post]
5 Aug 2019, 10:57 am by Michael S. Levine and Daniel Hentschel
 The Court stated that “[b]y its very nature, a demand for appraisal is an allegation that the company contravened that right by not paying shareholders the fair value to which they are entitled. [read post]
4 Aug 2019, 3:34 pm by Kevin LaCroix
That lawsuit was dismissed by the Delaware Chancery Court for failure to state a claim. [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]
1 Aug 2019, 11:01 pm by News Desk
Attendees represented 51 countries, all 50 U.S. states, and seven Canadian provinces. [read post]
1 Aug 2019, 2:29 pm by Francis Pileggi
Due Process: The court explained that in connection with analyzing whether there are sufficient minimum contacts with Delaware to require a non-resident to defend itself in the courts of this State, the court considers the following relevant factors: (i) the forum state’s interest in adjudicating the dispute; (ii) the interest of the plaintiff in obtaining convenient and effective relief; and (iii) the interstate judicial system’s interest in obtaining the most… [read post]
1 Aug 2019, 2:28 pm by Francis Pileggi
The Delaware Long-Arm Statute provides that a court may exercise personal jurisdiction over a non-resident, or a personal representative, who in person or through an agent: transacts any business or performs any character of work or service in the state. 10 Del. [read post]
1 Aug 2019, 9:05 am by Alfred Brophy
Though the Delaware was a northern state, some Confederates were Delaware residents. [read post]
1 Aug 2019, 6:16 am
Soran, and Maxwell Yim, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
31 Jul 2019, 10:30 am by Patrick Non-White
The Federal Circuit and district courts, particularly in Delaware and New Jersey where most of these cases are filed, bend over backwards to uphold patent validity and infringement in these cases and the problem is getting worse. [read post]
31 Jul 2019, 8:15 am by Michael S. Levine and David M. Costello
In a July 30, 2019 post published on The D&O Diary, Hunton insurance team partner Syed Ahmad and associate Andrea DeField analyzed Conduent State Healthcare, LLC v. [read post]
31 Jul 2019, 7:48 am by Kevin LaCroix
  Number of State Court Filings: In order to have a complete picture of securities class action filing activity, state court securities class action lawsuit filings must also be taken into account. [read post]
31 Jul 2019, 6:43 am by Keller and Heckman
Connecticut, Maine, Nebraska and Wisconsin have now joined 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 to bring the list of states which have enacted legislation to facilitate the deployment of wireless small cells to 28. [read post]
30 Jul 2019, 8:31 am by Michael Fitch
Connecticut, Maine, Nebraska and Wisconsin have now joined 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 to bring the list of states which have enacted legislation to facilitate the deployment of wireless small cells to 28. [read post]
30 Jul 2019, 5:45 am by Kevin Kaufman
Key Findings Local income taxes are imposed by 4,964 taxing jurisdictions across 17 states, with a heavy concentration in Rust Belt states, particularly Ohio and Pennsylvania. [read post]
29 Jul 2019, 2:22 pm by John Stigi
June 18, 2019), the Delaware Supreme Court (Strine, C.J.) reversed a Delaware Court of Chancery (Slights, V.C.) order dismissing a derivative claim alleging that an members of the board of directors of an ice cream company breached their duty of loyalty under In re Caremark Int’l Inc. [read post]