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15 May 2020, 3:00 am by Jim Sedor
The virtual campaign Biden is waging from Wilmington, Delaware, is a stark contrast with President Trump, who is planning travel despite warnings from public health experts about the coronavirus’s spread. [read post]
11 May 2020, 3:19 am by Franklin C. McRoberts
In her decision, Justice Schecter granted in part and denied in part the defendants’ motion to dismiss. [read post]
7 May 2020, 7:02 am by Overhauser Law Offices, LLC
(“Williamsburg”) of Nappanee, Indiana originally filed suit in the District Court of Delaware seeking a declaratory judgment of non-infringement against Defendant, Lippert Components, Inc. [read post]
3 May 2020, 12:08 pm by Kevin LaCroix
A copy of the complaint, filed in Delaware Chancery Court on April 28, 2020, can be found here. [read post]
2 May 2020, 7:03 pm by Francis Pileggi
This post was prepared by Frank Reynolds, who has been following Delaware corporate law, and writing about it for various legal publications, for over 30 years. [read post]
29 Apr 2020, 5:45 pm by Dawn Mertineit and Anne Dunne
The Court also rejected Day’s argument that the application of Delaware law would be contrary to Massachusetts’ fundamental public policy (even assuming Day had shown that Massachusetts had a materially greater interest than Delaware in the outcome of the dispute). [read post]
25 Apr 2020, 7:37 am by Francis Pileggi
This post was prepared by Frank Reynolds, who has been following Delaware corporate law, and writing about it for various legal publications, for over 30 years. [read post]
24 Apr 2020, 4:39 am by Saloni Khanderia
Here, the court assessed the issues based on the Calder test once again and opined that proof must be derived that the defendant’s internet activity is expressly targeted at or directed to the forum State. [read post]
15 Apr 2020, 3:16 pm by Kevin LaCroix
Federal regulators such as the SEC, as well as their state counterparts, impose various disclosure obligations on public companies in annual reports, securities offerings, and other filings. [read post]
12 Apr 2020, 1:45 pm by Kevin LaCroix
” The Delaware Supreme Court said that these allegations were sufficient to state a claim for alleged breach of the duty of oversight and allowed the claim to go forward. [read post]
8 Apr 2020, 10:09 am by Peter S. Lubin and Patrick Austermuehle
The Illinois appellate court panel began by citing 735 ILCS 5/2-101, stating that the Illinois venue statute provides that an action must be commenced in the county of residence of any defendant who is joined in good faith or in the county in which the cause of action arose. [read post]
3 Apr 2020, 3:00 am by Jim Sedor
It is the largest political event to be moved so far because of the public health crisis, which has already led to the cancellation of hundreds of state and local conventions from both parties. [read post]
29 Mar 2020, 4:13 pm by Francis Pileggi
In a milestone opinion, the Delaware Supreme Court has ruled that the state’s corporation law permits Delaware chartered companies to designate the federal courts for all shareholder securities suits alleging disclosure violations in their initial and secondary public offerings in Salzberg et al. v. [read post]
26 Mar 2020, 5:56 pm by Francis Pileggi
This post was prepared by Frank Reynolds, who has been following Delaware corporate law, and writing about it for various legal publications, for over 30 years. [read post]
26 Mar 2020, 8:22 am by skelly
Delaware: On March 24th, Governor John Carney, in consultation with the Delaware Department of Insurance, issued a sixth modification to the state of emergency requiring that insurers cease cancellations or non-renewals of insurance policies due to nonpayment of premium duration the declared Delaware State of Emergency for those residents and businessowners experiencing a loss of income. [read post]
23 Mar 2020, 4:21 pm by Kandace Watson
MacAndrews & Forbes Holdings, Inc., the Delaware Supreme Court held that when a Delaware corporation is sold for cash, the directors become “defenders of the corporate bastion to auctioneers charged with getting the best price for the stockholders. [read post]
19 Mar 2020, 3:28 pm by John Stigi
  Although state courts generally defer to the law of the state of incorporation regarding such matters, some courts may consider superimposing their own state’s law or public policy to overrule or disregard the law of the state of incorporation. [read post]
18 Mar 2020, 1:46 pm by Kevin LaCroix
In December 2017, Sciabacucchi filed a derivative action in Delaware Chancery Court against the twenty individuals who signed the registration statements for the three companies and who have served as directors of the companies since they went public. [read post]