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7 Sep 2020, 2:06 pm by Kevin LaCroix
To the extent there are significant numbers of bankruptcies ahead, there could well turn out to be significant numbers of D&O claims, as well. [read post]
27 Aug 2020, 1:04 pm by Kevin LaCroix
  [3] In Delaware (and other states that follow its jurisprudence), there are a few context-specific exceptions, such as in connection with the “sale of control” of a company wh [read post]
24 Aug 2020, 4:08 am by Franklin C. McRoberts
” As we noted previously, the wording of the LLC Law differs markedly from Delaware’s LLC Act and that of many other states, which explicitly permit oral operating agreements. [read post]
19 Aug 2020, 6:21 am
The shareholder primacy approach of Delaware law is well summarized by then Chancellor William Chandler in the case of eBay Domestic Holdings, Inc. v. [read post]
13 Aug 2020, 4:00 am by Administrator
The state Constitutions of Colorado, Florida, Maine, Massachusetts, Michigan, New Hampshire, Rhode Island, and South Dakota authorize advisory opinions, whereas Alabama and Delaware provide the advisory power through statutes. [read post]
13 Aug 2020, 1:55 am by Kevin Kaufman
In the six states where this provision already existed—Arkansas, Connecticut, Delaware, Nebraska, New York, and Pennsylvania—it is called the convenience of the employer rule, or just the convenience rule for short. [read post]
31 Jul 2020, 11:54 am by David Super
  Con­gress could well interpret Article V as requiring that two-thirds of the states request a conven­tion more or less simultaneously. [read post]
23 Jul 2020, 8:40 am by Eugene Volokh
Laws using this language were enacted in Mississippi (1839), Iowa (1850), the Nebraska Territory (1855), Illinois (1871), and Delaware (1881). [read post]
15 Jul 2020, 2:55 am by Kevin Kaufman
As the paper’s editors noted, Connecticut has seen net outmigration for nine consecutive years, losing 163,373 residents between 2010 and 2018.[10] Others have taken notice as well. [read post]