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2 Nov 2021, 6:47 am
Finally, you may want to seek out an online service run by Delaware licensed attorneys who work in a Delaware office. [read post]
2 Nov 2021, 12:26 am
Delaware's 1776 Constitution included an article to prevent intimidation of polling places: no-one could take arms to them. [read post]
2 Nov 2021, 12:00 am
This Sidley blog discusses a recent bench ruling in which the Chancery Court temporarily enjoined a vote on a merger until curative disclosure had been made, but refused to enjoin the transaction in its entirety, despite evidence that the deal may have violated a charter provision requiring equal treatment of the holders of both classes […] [read post]
1 Nov 2021, 4:42 pm
The recent Delaware Court of Chancery opinion in Evans v. [read post]
1 Nov 2021, 4:38 pm
The notice did not include product photographs, Company officials reported the products being recalled were distributed to retail customers in Delaware, Maryland, New Jersey, New York, Pennsylvania, Virginia, Washington D.C. and West Virginia. [read post]
1 Nov 2021, 9:23 am
The CDC reported 7 DAY DEATH RATE PER 100,000 2.3 The "bad" states Montana 9.3 West Virginia 9.1 Idaho 7.3 Kansas 7 Guam 6.6 North Dakota 5.8 Georgia 5.1 Ohio 4.9 Delaware 4.5 Oklahoma 4.5 Wyoming 4.3 Arizona 3.9 Iowa 3.7 Pennsylvania 3.7 Alaska 3.6 Texas 3.6 Nevada 3.5 Alabama 3.4 Arkansas 3.3 Maine 3.2 Virgin Islands 2.9 Tennessee 2.8 Virginia 2.8 Colorado 2.7 North Carolina 2.7 Wisconsin 2.7 Utah 2.5 Kentucky 2.4 CDC | Data as of: October 31, 2021 2:40 PM ET. [read post]
1 Nov 2021, 2:57 am
The philosophy underlying the disallowance of one or both DLOM and DLOC under the statutory FV standard was expressed as well as anywhere by the Delaware Supreme Court in its 1989 ruling in the Cavalier Oil case, where it wrote: Discounting individual share holdings injects into the appraisal process speculation on the various factors which may dictate the marketability of minority shareholdings. [read post]
31 Oct 2021, 5:10 pm
The plaintiff in the case was a Delaware resident. [read post]
30 Oct 2021, 12:06 pm
By Memorandum Opinion entered by the Honorable Richard G. [read post]
29 Oct 2021, 1:36 pm
., the Southern District of New York court expressly cited to a sex discrimination case from the Third Circuit Court of Appeals, whose rulings directly control federal cases here in New Jersey (as well as Delaware and Pennsylvania.) [read post]
29 Oct 2021, 6:19 am
Stern, Sidley Austin LLP, on Tuesday, October 26, 2021 Tags: Capital structure, Controlling shareholders, Delaware cases, Delaware law, Derivative suits, Dual-class stock, Securities litigation, Shareholder suits, Standing Climate in the Boardroom 2021 Posted by Jessie Giles, Eli Kasargod-Staub, and Bryant Sewell, Majority Action, on Tuesday, October 26, 2021 Tags: Asset management, Boards of… [read post]
29 Oct 2021, 1:13 am
I have tackled these (and other) matters in my recent article published in the 45 (3) Delaware Journal of Corporate Law 469-530 (2021) https://papers.ssrn.com/sol3/papers.cfm? [read post]
28 Oct 2021, 8:57 am
No Halloween on Sundays If you live near Rehoboth Beach, Delaware, you may want to pay attention to the calendar and watch what day Halloween falls on. [read post]
28 Oct 2021, 8:05 am
Posted: October 27, 2021 2:46 PM ET The "bad" states: West Virginia 9.5 Montana 9.3 Idaho 8.8 Wyoming 6.6 North Dakota 6.3 Georgia 6.2 Oklahoma 5 Ohio 4.7 Texas 4.2 Alaska 4 Arizona 4 Tennessee 4 Pennsylvania 3.7 Guam 3.6 Nevada 3.6 Maine 3.4 Delaware 3.2 North Carolina 3 Indiana 2.9 Virgin Islands 2.9 Arkansas 2.8 Colorado 2.8 South Dakota 2.8 Virginia 2.8 Wisconsin 2.8 Kansas 2.5 Washington 2.5 Louisiana 2.3 link … [read post]
28 Oct 2021, 6:43 am
This post is based on their Skadden memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
28 Oct 2021, 3:30 am
One of your employees — let’s call her Plaintiff — lives in Delaware but works at a company store in Pennsylvania. [read post]
27 Oct 2021, 6:00 am
Delaware law is aware of incumbents’ predilection to stray from shareholders’ interests and accordingly subjects friendly sales to a heightened standard of review. [read post]
27 Oct 2021, 5:59 am
This post is based on her Sidley memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
26 Oct 2021, 2:14 pm
Posted: October 26, 2021 3:44 PM ET Bad states: Wyoming 11.9 West Virginia 8.8 Idaho 7.3 Montana 7.1 Georgia 6.6 North Dakota 5.9 Kentucky 5.5 Ohio 5.4 Alaska 4.9 South Carolina 4.8 Tennessee 4.3 Texas 4.3 Pennsylvania 3.5 Arizona 3.4 Maine 3.4 Delaware 3.3 Indiana 3.2 Iowa 3.2 North Carolina 3.2 Nevada 3.1 Arkansas 3 Virginia 3 Colorado 2.9 Louisiana 2.8 Oregon 2.6 Kansas 2.5 link https://covid.cdc.gov/covid-data-tracker/#cases_deathsper100klast7days [read post]
26 Oct 2021, 8:11 am
” “Block & Leviton’s request to bring an appeal at the Delaware Supreme Court argues that no Delaware court has previously allowed a shareholder firm to pursue derivative claims on behalf of a corporation while simultaneously representing different clients asserting direct claims against the company. [read post]
