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24 Jun 2021, 10:09 am
” This analytical framework was recently reindorsed by the Delaware Superior Court in Yavar Rzayev v. [read post]
24 Jun 2021, 7:37 am
Many who come to Delaware, discover the process of forming a Delaware LLC to be fast and affordable. [read post]
24 Jun 2021, 6:34 am
Alaska: Under 18 Arizona: Under 18 Arkansas: Under 21 Colorado: Under 18 Connecticut: Under 21 Delaware: Under 19 Florida: Under 21 Hawaii: Under 18 Idaho: Under 18 Indiana: Under 18 Kansas: Under 18 Kentucky: Under 21 Maine: Under 18 Michigan: Under 21 Minnesota: Under 18 Missouri: Under 26 Montana: Under 18 New Mexico: Under 18 North Dakota: Under 18 Ohio: Under 18 Oklahoma: Under 18 Pennsylvania: Under 21 Rhode Island: Under 21 South Carolina: Under 21 South Dakota: Under 18 Texas: Under… [read post]
24 Jun 2021, 5:56 am
This post is based on his recent paper, forthcoming in the Delaware Journal of Corporate Law. [read post]
23 Jun 2021, 6:00 am
The post Small Business Legal Blunder: Incorporating in Delaware appeared first on Pasha Law PC. [read post]
23 Jun 2021, 3:00 am
The Delaware Chancery Court is renowned for its ability to handle complex corporate cases in an expeditious manner, but every now and again, a lawsuit comes along that manages to throw sand in the Court’s gears. [read post]
22 Jun 2021, 2:48 pm
OSI Systems is a Delaware Corporation based in California and is subject to SB 826. [read post]
22 Jun 2021, 6:00 am
Last week the Boy Scouts of America announced in a proposal filed with its bankruptcy court in Delaware that it hopes to reach a settlement agreement in the near future with attorneys representing child sex abuse victims who have filed claims against the group. [read post]
22 Jun 2021, 3:57 am
Kathaleen McCormick (left) was sworn in last month to be the first woman Chancellor in the 230-year history of Delaware's Chancery Court. [read post]
21 Jun 2021, 3:00 am
.; 4/21), a recent Delaware Chancery case in which a buyer attempted to enforce a merger agreement’s forum selection clause against a former shareholder who allegedly violated non-compete obligations imposed under the agreement. [read post]
17 Jun 2021, 11:44 am
The exceptions to the rule are Delaware, New Hampshire, and Rhode Island, which all have rates around 50 percent, and Pennsylvania with a 34 percent rate. [read post]
17 Jun 2021, 6:13 am
In my business organizations course, I usually highlight the difference between Nevada and Delaware law on fiduciary duties for LLCs. [read post]
17 Jun 2021, 3:00 am
.; 6/21), the Delaware Chancery Court held that the founding shareholders of Tilray constituted a “control group,” and that they received non-ratable benefits in a tax-driven reorganization transaction. [read post]
16 Jun 2021, 4:56 pm
June 7, 2021), the Delaware Court of Chancery (Slights, V.C.) provided key guidance on mergers and acquisitions (“M&A”) earnout disputes regarding contractual earnout language, the applicability of the implied covenant of good faith and fair dealing, extra-contractual discussions and promises and post-closing behavior of the acquirer. [read post]
16 Jun 2021, 2:05 am
The strongest hiring outlooks are reported in Delaware (+43%), Utah (+40%), Virginia (+39%), North Carolina (+37%), and Michigan (+36%); the weakest are reported in Wyoming (+12%), Puerto Rico (+16%), and Alabama and the District of Columbia (both +18%). [read post]
15 Jun 2021, 12:58 pm
The derivative plaintiff asserts claims for violations of Sections 10(b), 14(a), and 20(a) of the Exchange Act of 1934 and corresponding rules thereunder, as well as under Delaware state law for breach of fiduciary duty, waste of corporate assets, and unjust enrichment. [read post]
14 Jun 2021, 9:04 pm
Three years later, in early 2020, a Delaware court approved a $60 million settlement that Blue Bell reached with the shareholders who sued the ice cream maker. [read post]
13 Jun 2021, 3:18 pm
The Delaware Court of Chancery recently recognized reverse-veil-piercing in the matter styled: Manichaean Capital, LLC v. [read post]
12 Jun 2021, 7:29 pm
It applies Section 327 of the Delaware General Corporation Law using the state supreme court’s ruling in 7547 Partners v. [read post]
12 Jun 2021, 1:07 pm
Delaware courts have ruled that a director who resigns from a troubled company could potentially face personal liability for corporate misconduct. [read post]