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31 Aug 2018, 6:09 am
Kelton, Abrams, Fensterman, Fensterman, Eisman, Formato, Ferrara, Wolf & Carone, LLP, on Thursday, August 30, 2018 Tags: Accounting standards, Board independence, Boards of Directors, Delaware cases, Delaware law, Derivative suits, Executive Compensation, Liability standards, Shareholder suits, Supreme Court [read post]
10 Nov 2021, 4:18 pm
State Attorneys General want to see multistate actions move quicker. [read post]
4 Apr 2023, 6:25 pm
The latest release supplements Law.com Radar’s existing coverage of federal district courts and Delaware’s Court of Chancery as well as its publication of corporate deal updates. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
11 Oct 2018, 6:37 am
This week’s map examines states’ rankings on the individual income tax component of the 2019 State Business Tax Climate Index. [read post]
9 Aug 2016, 11:23 am
A similar provision to not compel support for houses of worship was found in Virginia’s landmark religious liberty statute, Thomas Jefferson’s “A Bill for Establishing Religious Freedom,” as well as the state constitutions of at least thirteen of the twenty-three states that joined the union before Missouri, namely: Alabama, Connecticut, Delaware, Georgia, Illinois, Indiana, Kentucky, New Jersey, North Carolina, Ohio, Pennsylvania, Tennessee, and… [read post]
6 Jan 2020, 7:34 am
The states petitioning include California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Iowa, Massachusetts, Michigan, Minnesota, Nevada, New Jersey, New York, North Carolina, Oregon, Rhode Island, Vermont, Virginia and Washington, and Governor of Kentucky Andy Beshear, as well as the District of Columbia. [read post]
15 Feb 2021, 10:41 am
This case is a reminder that Delaware law does not always control, and in many instances the law of states other than that of Delaware will govern board liability issues. [read post]
15 Sep 2018, 7:58 pm
(Note that some tax planners try to get around this with an incomplete-gift non-grantor trust, set up in Nevada, Wyoming or Delaware – affectionately known as NINGs, WINGs and DINGs – a problematic strategy I discuss at length in a separate article). [read post]
4 Dec 2017, 11:51 am
PASPA bans sports gambling in all but four states – Delaware, Montana, Nevada and Oregon – that already permitted it, and it would also have allowed sports betting at casinos in New Jersey as long as the state set up the scheme within one year after PASPA went into effect. [read post]
26 Mar 2008, 11:02 am
In other news of Bear-JPM restraining orders, arguments for the Delaware TRO, which we blogged on here, were heard yesterday afternoon. [read post]
13 Mar 2011, 8:33 pm
Scope of Inspection The scope of inspection in a Section 220 case is limited to “those books and records that are necessary to accomplish the stated purpose. [read post]
6 Feb 2009, 9:00 am
The standards for board behavior are set by Delaware and the Delaware courts. [read post]
17 Aug 2020, 5:27 am
” He said the “keystone” provision is Section 204(a) which states that “no defective corporate act or putative stock shall be void or voidable solely as a result of a failure of authorization if ratified. [read post]
22 Dec 2017, 8:43 am
Importantly, as stated in many other Delaware decisions, “Delaware law does not charter law breakers, and a fiduciary of a Delaware corporation cannot be loyal to a Delaware corporation by knowingly causing it to seek profit by violating the law. [read post]
21 Feb 2024, 6:30 am
Elon Musk et al., case number 2018-0408, in the Court of Chancery of the State of Delaware. [read post]
21 Feb 2024, 6:30 am
Elon Musk et al., case number 2018-0408, in the Court of Chancery of the State of Delaware. [read post]
13 May 2019, 6:00 am
The United States is miraculously held together by its division into 50 small nation states rather than say four mega-states like: 1) the Northwest; 2) the South; 3) the Midwest; and 4) the West. [read post]
14 Dec 2008, 12:41 am
"The Delaware Constitution recognizes the presumption of innocence as a fundamental right," Steele said. [read post]
