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16 Nov 2021, 3:00 am by John Jenkins
It isn’t often that legal opinions and the process by which they are rendered are key issues in a dispute, but they assumed center stage in the Delaware Chancery Court’s recent decision in Bandera Master Fund v. [read post]
16 Nov 2021, 3:00 am by John Jenkins
It isn’t often that legal opinions and the process by which they are rendered are key issues in a dispute, but they assumed center stage in the Delaware Chancery Court’s recent decision in Bandera Master Fund v. [read post]
15 Nov 2021, 3:30 pm by Steve Bainbridge
From The CorporateCounsel.Net: The question of the legality of a dividend or repurchase under Delaware law is one that often arises in leveraged recaps and other transactions involving large... [[ This is a content summary only. [read post]
15 Nov 2021, 3:15 am by Liz Dunshee
While that’s a pretty common practice, there’s not a lot of Delaware case law on how the board’s valuation decisions will be assessed. [read post]
14 Nov 2021, 5:22 pm by Francis Pileggi
Nov. 12, 2021), Delaware’s court of equity reviewed in extensive detail the factual background and multi-faceted context within which a large non-Delaware firm provided a formal legal opinion letter on a complex, substantive issue of Delaware law, relating to the existence of a “material adverse effect” (MAE). [read post]
14 Nov 2021, 3:13 pm by Francis Pileggi
The Delaware Court of Chancery recently decided Zhongpin Inc. shareholders’ battle to force the food processor’s director and officer insurer to pay the $41.3 million Chancery Court judgment they won by challenging an unfairly-priced buyout must be fought in the Delaware Superior Court. [read post]
12 Nov 2021, 1:00 pm by John Ross
Let's say you live in Texas and hire a Florida/Delaware home-security company to install an alarm system in your house. [read post]
12 Nov 2021, 6:09 am
The continued excellence and diligence of the Delaware judiciary is one of Delaware corporate law’s core strengths. [read post]
12 Nov 2021, 6:08 am
Steinman, Randi Lally, Roy Tannenbaum, and Maxwell Yim, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
12 Nov 2021, 4:47 am by CrimProf BlogEditor
From Collateral Consequences Resource Center, via NACDL's news-of-interest: Delaware lawmakers passed two bills this year that overhaul access to second chances, making it easier for more than 290,000 people to move beyond the collateral consequences of a criminal record. [read post]
11 Nov 2021, 3:16 pm by Paulo McKeeby and Amanda Brown
Such states include California, Colorado, Delaware, Florida, Hawaii, Illinois, Maine, Michigan, Minnesota, Missouri, Nebraska, New Hampshire, New Jersey, New York, North Dakota, Ohio, Oregon, Rhode Island, and Virginia. [read post]
11 Nov 2021, 11:21 am by Joe Mullin
Companies that have no business outside of making patent infringement threats against others often hide behind limited-liability companies (LLCs) from jurisdictions like Delaware that require little disclosure. [read post]
10 Nov 2021, 8:16 pm by Christina West
I am also a Delaware Certified Paralegal and the Newsletter Editor for the Delaware Paralegal Association’s newsletter, The Reporter. [read post]
10 Nov 2021, 4:18 pm by Paul Singer and Beth Chun
Several Attorneys General complimented the bipartisan nature of their relationship in recent initiatives like the Google search antitrust lawsuit, but Delaware Attorney General Kathy Jennings’ departure from her colleagues in the area of third party bankruptcy releases — particularly for the Sackler family as part of the Purdue Pharma bankruptcy — was notable. [read post]
10 Nov 2021, 2:38 pm by Lawrence B. Ebert
Posted: November 10, 2021 2:52 PM ET The "bad" states: Alaska 11.5 Wyoming 9.5 Guam 7.7 Oregon 5.9 Idaho 5.8 Montana 5.3 West Virginia 5.2 Alabama 5 Arizona 4.6 Ohio 4.4 Colorado 4 Georgia 3.8 Kansas 3.8 Arkansas 3.7 Nevada 3.6 Pennsylvania 3.6 Hawaii 3.1 Iowa 3.1 Delaware 3 New Hampshire 3 New Mexico 3 North Dakota 3 Indiana 2.9 Minnesota 2.9 Maine 2.8 Nebraska 2.8 Tennessee 2.8 South Carolina 2.7 Oklahoma 2.6 Texas 2.5 Virginia 2.5 South Dakota 2.4 Note "highly… [read post]
10 Nov 2021, 12:48 pm by Daniel Shaviro
 Yesterday at the colloquium, we discussed the above article, coauthored by Ruth Mason and Michael Knoll. [read post]
10 Nov 2021, 3:10 am by Matrix Legal Support Service
Because the Appellant is a Delaware corporation, the claimant needs the court’s permission to serve the claim form outside the jurisdiction. [read post]