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4 Feb 2021, 6:52 am
The Delaware Court of Chancery’s December 31, 2020 decision in Richardson v. [read post]
3 Feb 2021, 2:30 pm
Sciabacucchi, in which the Delaware Supreme Court held that provisions in corporate charters designating an exclusively federal forum provision for liability actions under the ’33 Act are facially valid. [read post]
3 Feb 2021, 1:17 pm
Pileggi* A recent decision from the Delaware Court of Chancery decided an issue of first impression in Delaware: does the management of a Delaware corporation have the authority to unilaterally preclude a director of the corporation from obtaining the corporation’s privileged information? [read post]
3 Feb 2021, 8:57 am
Delaware, Florida, and Nevada have no explicit limitations of tax qui tam actions. [read post]
3 Feb 2021, 8:17 am
Delaware Basin Resources LLC, 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. [read post]
3 Feb 2021, 8:17 am
Delaware Basin Resources LLC, 08-20-00060-CV, the Court of Appeals for the Eighth District of Texas (El Paso) recently held oral argument on the proper construction of the word “and” used in a Delaware Basin oil and gas lease. [read post]
3 Feb 2021, 7:51 am
The Delaware Court of Chancery has concluded that McDonalds has properly pleaded a claim against its former CEO for a misrepresentation that allegedly led to a "without cause" termination agreement that conferred substantial benefits The Complaint alleges a constellation of... [read post]
3 Feb 2021, 5:55 am
Delaware, Oregon, and Tennessee have gross receipts taxes in addition to corporate income taxes, as do several states like Pennsylvania, Virginia, and West Virginia, which permit gross receipts taxes at the local (but not state) level. [read post]
2 Feb 2021, 9:41 pm
In December 2020 the Delaware court held that the COVID-19 pandemic did not cause a Material Adverse Effect on the target of a merger because the MAE excluded ‘natural disasters and calamities’. [read post]
2 Feb 2021, 1:38 pm
To be a Delaware LLC, your company does not need to have a brick-and-mortar office in Delaware. [read post]
2 Feb 2021, 6:23 am
As such, it appears that OFAC and the State of Delaware are gearing up to increase scrutiny of entities registered in Delaware. [read post]
1 Feb 2021, 11:24 am
There, a national group of plaintiffs sued a New York and Delaware-based pharmaceutical company in California court, alleging the defendant’s drug damaged their health. [read post]
1 Feb 2021, 6:15 am
By Jay Fishman, J.D.The Delaware Court of Chancery denied the defendants’ motion to have Delaware deemed the choice of law for deciding the plaintiff investor’s fraud claim under the California Securities Act. [read post]
1 Feb 2021, 3:00 am
Super. 1/21), the Delaware Superior Court rejected efforts by a seller’s managers to dismiss the buyer’s fraud claims against them – despite the seller’s efforts to limit liability through exclusive remedy & non-recourse provisions in the purchase agreement. [read post]
1 Feb 2021, 12:01 am
Four remaining slave states—Delaware, Maryland, Kentucky, and Missouri stayed in the Union, albeit with populations that showed divided loyalties. [read post]
31 Jan 2021, 6:37 am
” The key to the company ramping up production in the Permian acreage was the development of an area called the Delaware Basin. [read post]
29 Jan 2021, 11:32 am
Why Incorporate in Delaware? [read post]
29 Jan 2021, 11:15 am
This week in Other Barks & Bites: The New York Times reports that Facebook may be contemplating pursuing legal actions against Apple’s anticompetitive app store behaviors; China announces increased utility model patent grants and PCT patent application filings during 2020 and announces an end to government subsidies for patent filings by 2025; UK’s IP enforcement court finds that Amazon.com listings are not directed to UK or EU consumers; Huawei’s announces fourth quarter… [read post]
29 Jan 2021, 6:01 am
Coordinated Engagements Posted by Oğuzhan Karakaş (University of Cambridge), Elroy Dimson (University of Cambridge), and Xi Li (London School of Economics), on Friday, January 22, 2021 Tags: Engagement, ESG, Institutional Investors, Long-Term value, Management, Shareholder activism, Shareholder voting, Stakeholders, Stewardship New LBO Practices May Be Warranted Based on the Nine West Decision Posted by Gail Weinstein, Philip… [read post]
28 Jan 2021, 6:09 pm
Delaware Fiduciary Duty Law: In connection with its decision, the Delaware Supreme Court recited several useful truisms of Delaware law. [read post]
