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24 Jun 2011, 7:27 am
"[T]he Court emphasizes that three of the four domestic Defendants chose to incorporate in Delaware. . . . [read post]
3 Dec 2009, 8:06 am
The Federalist Society's Corporations, Securities, & Antitrust Practice Group hosted this panel discussion on Delaware's New Competition: The Creeping Federalization of American Corporate Law at the 2009 National Lawyers Convention on Saturday, November 14, 2009. [read post]
4 Feb 2008, 3:05 pm
., Jan. 17, 2008), read opinion here, the Chancery Court followed the familiar McWane line of cases and granted a Motion to Stay this Delaware case in favor a first-filed Texas case. [read post]
23 Apr 2008, 2:06 pm
District Court for the Southern District of New York applied Delaware law to dismiss a derivative suit in this case based on the failure to establish that pre-suit demand was excused. [read post]
19 Aug 2010, 4:59 am
When in Delaware, do as the Delawareans do. [read post]
1 Sep 2009, 10:11 am
Changes to the Delaware corporation code that took effect August 1, 2009 make it easier for shareholders to nominate directors to corporate boards. [read post]
23 Jan 2016, 8:07 pm
The post Chancery Clarifies Director Liability for Corporate Acts and Enforceable Provisions Barring Misrepresentation Claims appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
9 Nov 2015, 6:34 am
On October 2, 2015, the Delaware Supreme Court decided Delaware County Employees Retirement Fund v. [read post]
31 Dec 2007, 5:07 pm
As I have done for opinions issued in 2005 and 2006, I have prepared a review of key corporate and commercial decisions from the Delaware Chancery Court and Delaware Supreme Court during the year 2007. [read post]
23 Mar 2010, 1:08 pm
As I have reported over the past several years, Delaware courts, including the Delaware Supreme Court, have addressed the nature of a director's fiduciary duties when a Delaware corporation is insolvent or in the "zone of insolvency," most notably with the 2007 decision in North American Catholic Educational Programming, Inc. v. [read post]
21 Jul 2017, 5:29 am
The Delaware Court of Chancery is a court of equity with limited jurisdiction. [read post]
3 Jun 2018, 9:10 am
The post Trial Court Cannot Impose Fees for Frivolous Appeal appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
1 Aug 2024, 12:15 am
One of these drivers is the perceived indeterminacy of Delaware law: Several of the asserted motivations speak to the relative determinacy of the new state’s law versus that of Delaware. [read post]
9 Aug 2024, 6:31 am
For many years, the special litigation committee (“SLC”) was a nearly forgotten device in derivative litigation in the Delaware Court of Chancery. [read post]
9 Aug 2024, 6:31 am
For many years, the special litigation committee (“SLC”) was a nearly forgotten device in derivative litigation in the Delaware Court of Chancery. [read post]
1 Jul 2011, 3:00 am
Leslie Spoltore, a partner in our Wilmington, Delaware office and contributor to the firm's Delaware Trial Practice Blog, wrote an instructive post on the Child Passport Issuance Alert Program. [read post]
18 Jun 2010, 10:26 am
Last fall Guhan Subramanian, Steve Herscovici and Brian Barbetta (“SHB”) posted a paper claiming that Delaware’s antitakeover statute (Delaware GCL Section 203) was preempted by the Williams Act because it did not leave hostile bidders the “meaningful opportunity for success” required by three 1988 federal district courts which had upheld the Delaware law back in 1988. [read post]
3 Sep 2008, 2:51 am
Ch. 2008), the Delaware Chancery Court held that a former director is not entitled to advancement rights where a later board-approved amendment to the corporation’s by-laws cut off such rights. [read post]
13 Mar 2020, 6:00 pm
Chief Judges Leonard P. [read post]
6 Oct 2022, 3:12 am
“The president goes to Delaware because it’s his home. [read post]