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28 Oct 2020, 8:16 pm
ASHINGTON (AP) — Former Senate leader Harry Reid says if Democrats win the presidency and the Senate, Joe Biden should take “no more than three weeks” to test bipartisanship before ending the filibuster so Democrats can overcome what they call Republican obstruction and pass bills.The retired Nevada Democrat told The Associated Press in an interview that he understands Biden wants to work with Republicans, as the former vice president and Delaware senator has in the past. [read post]
28 Oct 2020, 7:13 pm
Stephen Bainbridge, whose prolific scholarship is cited in Delaware court decisions on corporate law, has penned a brief essay on the titular topic in light of a recent Delaware Court of Chancery opinion by Vice Chancellor Laster styled United Food & Comm. [read post]
28 Oct 2020, 1:03 pm
., in Delaware), or due to its having brand or branding value. [read post]
28 Oct 2020, 12:51 pm
The company reportedly filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code in the Bankruptcy Court for the District of Delaware (Case 20-12702) on October 27, 2020. [read post]
28 Oct 2020, 12:46 pm
Consistent with prior years, the venue with the highest number of bankruptcy filings during the first three quarters of 2020 was Delaware, with 49 of the 138 bankruptcy filings by companies with assets over $100 million. [read post]
28 Oct 2020, 11:15 am
SALISBURY) — A Maryland police officer accused of threatening an acquaintance with a gun during an off-duty verbal confrontation in his Delaware home last year has entered a guilty plea. [read post]
28 Oct 2020, 9:49 am
Applications for CLE credit will be filed in Delaware, Florida, Ohio, and Virginia. [read post]
28 Oct 2020, 8:39 am
(b) 5.30% 2.50% Yes Yes Wash. 6.50% Exempt Yes No W.Va. 6.00% Exempt Yes No Wis. 5.00% Exempt No No Wyo. 4.00% Exempt Yes Yes D.C. 6.00% Exempt No No (a) Alaska, Delaware, Montana, New Hampshire, and Oregon do not levy taxes on groceries, candy, or soda. [read post]
28 Oct 2020, 5:01 am
Anonymous corporate ownership can also compromise American national security by helping rogue countries evade sanctions, as the Iranian government did for decades through a concealed ownership stake in a Manhattan building; facilitating weapons trafficking, as in the case of the Russian arms dealer Viktor Bout, who used shell companies incorporated in Florida, Texas and Delaware to illicitly arm combatants around the world; and, in a combination of the two activities, enabling terrorist… [read post]
27 Oct 2020, 7:22 pm
A recent Order of the Delaware Court of Chancery recited the truism reflected in prior Delaware decisions that, generally speaking, unlike in some other states, Delaware does not have a stand-alone cause of action for a conventional cause of action for stockholder oppression, per se, as contrasted with a breach of fiduciary duty claim for not acting in the best interest of a minority stockholder. [read post]
27 Oct 2020, 7:15 pm
A short recent letter ruling from the Delaware Court of Chancery provides an explanation of practical application that explains why expert reports are frequently admitted into evidence in the Court of Chancery, as compared to the Delaware Superior Court, the trial court of general jurisdiction. [read post]
27 Oct 2020, 6:30 pm
This is useful information for Delaware litigators and those admitted pro hac vice. [read post]
27 Oct 2020, 5:34 pm
“Direct” shareholder suits arise out of causes of action belonging to the shareholders in their individual capacity. [read post]
27 Oct 2020, 8:17 am
Additional statements and advisories from the Delaware Judiciary regarding COVID-19, can be found here. [read post]
27 Oct 2020, 6:17 am
As our Preview notes, the case presented a First Amendment issue impacting judges and political parties in the state of Delaware. [read post]
27 Oct 2020, 3:00 am
.; 10/20), the Delaware Chancery Court dismissed claims against an investor that participated side-by-side with a controlling stockholder in a financing for Infrastructure & Energy Alternatives (IEA). [read post]
26 Oct 2020, 9:01 pm
That’s nearly every man, woman, and child in Maine, Montana, Rhode Island, Delaware, South Dakota, North Dakota, Alaska, Vermont, and Wyoming. [read post]
26 Oct 2020, 3:56 pm
The failed merger between Anthem and Cigna led to a ton of litigation in both federal and Delaware courts. [read post]
26 Oct 2020, 6:47 am
According to the Legislative Analysis, Colorado, Delaware, New Hampshire, and New York, all beat us to the punch (they’re competing for the same trust business). [read post]
25 Oct 2020, 7:16 pm
A useful tool for the toolbox of commercial litigators is a recent decision of the Delaware Superior Court which found that when a contract requiring payment does not specify a time for payment, a “reasonable time” may be implied. [read post]
