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15 Jun 2020, 6:23 am
In particular, Forum posts have been cited by: Court decisions, including by: The Chancery Court of Delaware United States District Courts in Virginia and Texas Congressional bodies including: The House Committee on Financial Services The House Subcommittee on Investor Protection, Entrepreneurship, and Capital Markets The House Subcommittee on Terrorism, Nonproliferation, and Trade The House Subcommittee on Asia and the Pacific The Senate Committee on Banking, Housing, and Urban Affairs… [read post]
15 Jun 2020, 4:29 am
The plaintiff, a Bahamian company (BML), was controlling shareholder of the joint venture entity organized as a Bahamian corporation (JV) and in which the defendant, a New York-based Delaware company (CCA), held preferred non-voting shares. [read post]
15 Jun 2020, 4:01 am
Courts of Appeals, and the highest appeals courts in Delaware, New York, and Texas. [read post]
15 Jun 2020, 2:39 am
Obviously, if a Delaware LLC owns rental property in California and is generating rental income from the property, it would be considered to be doing business in California. [read post]
14 Jun 2020, 11:22 pm
Further, the Emancipation Proclamation did not end slavery in the border (slave) states of Missouri, Kentucky Maryland, and Delaware. [read post]
14 Jun 2020, 9:14 am
These observations are based on the Delaware Supreme Court’s 2019 decision in Marchand v. [read post]
12 Jun 2020, 6:43 am
The Delaware Supreme Court’s decisions view this outcome as good policy, not bad policy (citations omitted). [read post]
12 Jun 2020, 6:04 am
Rosenblum, and William Savitt, Wachtell, Lipton, Rosen & Katz, on Friday, June 5, 2020 Tags: Boards of Directors, Decision making, Delaware law, Engagement, ESG, Firm valuation, Long-Term value, Reputation, Shareholder primacy, Shareholder value, Stakeholders, Sustainability Shareholder Proposals Shaking Up Shareholder Say Posted by Sofie Cools (Jan Ronse Institute for Company and Financial Law), on Saturday, June… [read post]
11 Jun 2020, 12:57 pm
The Delaware litigation remains pending and is scheduled for trial in July. [read post]
11 Jun 2020, 1:00 am
Where we last left things, the Delaware Supreme Court held in Salzberg v. [read post]
10 Jun 2020, 11:07 am
At least three states—West Virginia, Delaware, and New Jersey—have used the technology or are planning to do so in an upcoming election. [read post]
10 Jun 2020, 10:26 am
Excise Tax Rates on Sports Betting State Tax Rate Arkansas 13% of first $150 million in receipts, then 20% Colorado 10% of revenue Delaware 50% of revenue District of Columbia 10% of revenue Illinois 15% of revenue Indiana 9.5% of revenue Iowa 6.75% of revenue Michigan 8.4% of revenue Mississippi 12% of revenue Montana Lottery collects revenue minus expenses Nevada 6.75% of revenue New Hampshire 51% online; 50% retail New Jersey (a) 8.5% of… [read post]
10 Jun 2020, 8:43 am
Bankruptcy Court for the District of Delaware said in an oral ruling issued Friday. [read post]
9 Jun 2020, 12:26 pm
Federal Merger Litigation Post-Trulia Trulia came as the culmination of several then recent Delaware Chancery Court decisions and it made clear there was a new regime in Delaware Chancery Court for settlements of merger cases. [read post]
9 Jun 2020, 8:06 am
In connection with the Delaware Supreme Court’s recent Order providing for the multi-phased, limited reopening of Delaware Courthouses as of June 8, 2020, while at the same time extending Delaware’s “judicial emergency declaration” for another 30 days, the Delaware Court of Chancery has issued an Order to impose new Courtroom protocols for attorneys and visitors, also effective June 8, 2020, such as installing podiums on counsel tables… [read post]
9 Jun 2020, 6:24 am
If you just want to take a guess, start with Delaware, which has corporate-friendly laws that make it a popular state for incorporation.Finding information about company litigation and legal representation generally requires a paid database. [read post]
9 Jun 2020, 3:00 am
The default rule in Delaware is that post-closing, the seller’s attorney-client privilege is transferred to the buyer in a deal structured as a merger. [read post]
8 Jun 2020, 4:27 pm
All Lines of Insurance Delaware: On June 6, the Governor of Delaware issued the Third Extension to the State of Emergency, extending the State of Emergency due to COVID-19, including the Sixth Modification of the Declaration of the State of Emergency, which relates to the moratorium on cancellation and non-renewal of insurance policies. [read post]
8 Jun 2020, 1:21 pm
This shield protects both Delaware corporations and Delaware LLCs. [read post]
8 Jun 2020, 12:59 pm
“It’s a shame that while restaurants across the Hudson and Delaware rivers have been trusted to reopen safely, New Jersey’s eateries remain shuttered under Governor Murphy’s executive orders. [read post]