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7 Feb 2022, 7:20 pm by Francis Pileggi
   One of Delaware’s favorite nationally recognized corporate law scholars and one of the leading indigenous Delaware firms have provided exemplary commentary on this new development in corporate law. [read post]
16 Jan 2009, 7:21 pm
., Jan. 13, 2009), read opinion here, (hat tip: Delaware Business Litigation Report), the Delaware Chancery Court dissolved an LLC based on the standard in Section 18-802 of the Delaware LLC Act, that it was not  "reasonably practicable" to carry on the business of the LLC.... [read post]
9 Nov 2011, 1:12 pm by Francis Pileggi
Pileggi, Member-in-Charge of Eckert Seamans’ Delaware office, and Kevin F. [read post]
13 Jun 2014, 4:10 am by Broc Romanek
In this 2-minute video, there are 19 great ways that Freeport-McMoRan enhances the usability of its 2014 proxy statement: The Battle Over Delaware’s Fee Shifting Legislation Initially, it looked like the Delaware legislature was moving fast to adopt legislation that would essentially overturn the recent Delaware Supreme Court decision in ATP Tour v. [read post]
13 Apr 2017, 4:09 pm by Francis Pileggi
He deserves praise and gratitude for this 30 years of service on Delaware’s high court. [read post]
9 Aug 2021, 2:47 pm by Kevin LaCroix
  The Complaint On August 4, 2021, a plaintiff shareholder filed a class action lawsuit in the Delaware Chancery Court. [read post]
31 Mar 2009, 9:54 pm
Danielle Blount, an associate in our Delaware office, provided the following case summary. [read post]
17 Jul 2015, 9:34 am by Thompson & Knight LLP
On July 15, 2015 (the “Petition Date”), Milagro Exploration, LLC, Milagro Holdings, LLC and certain of their subsidiaries and/or affiliates (collectively, the “Debtors”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. [read post]
29 Mar 2016, 8:03 pm by Francis Pileggi
The Delaware Court of Chancery recently issued a magnum opus on the topic of rescinding a contract based on unconscionability. [read post]
15 May 2008, 12:51 am
Ind. 2002) (see Purcell at page 9 -10).The Delaware blog finds no problem with this situation while I have serious qualms. [read post]
4 Jun 2019, 7:19 pm by Francis Pileggi
  The post Chancery Denies Motion to Disqualify Firm appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
4 Oct 2019, 6:01 am
Earlier this month the Council of Institutional Investors (“CII”) publicly called upon Delaware’s legislature and governor to amend the state’s corporate code to effectively prohibit publicly traded Delaware corporations from having multi-class stock unless the multi-class structure ends no later than seven years after the company’s IPO. [read post]
20 Sep 2018, 2:17 pm by Francis Pileggi
The Delaware Court of Chancery recently addressed the challenged removal of an LLC manager and the validity of written consents. [read post]
22 Jul 2019, 6:15 am
’s acquisition of Alon may have violated Section 203 of the Delaware General Corporation Law, Delaware’s anti-takeover statute. [read post]
1 Apr 2019, 5:36 pm by Francis Pileggi
A recent Delaware Court of Chancery opinion provides a reminder of the limited jurisdiction of Delaware’s court of equity and why not all suits for declaratory judgment satisfy the narrow subject matter jurisdiction of the Court of Chancery. [read post]
11 Mar 2008, 5:15 am
 As we have written time and time again, the Delaware courts have largely rendered the fairness of executive compensation an irrelevant consideration. [read post]
2 Jul 2020, 5:06 am
Delaware abolished the punishment of whipping in 1972, but keeping it on display was apparently considered valuable as a matter of history. [read post]