Search for: "Matter of the State of Delaware"
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29 Apr 2024, 7:41 pm
Not about NevadaFinally, the vice chancellor noted that “ nothing about the ruling turns on anything about Nevada as a state. [read post]
29 Apr 2024, 7:55 am
The complaint states that Hatteras’ board was opposed to the merger but had no say since it waived its rights in the 2021 deal. [read post]
29 Apr 2024, 4:06 am
.'s motion to dismiss this Section 2(d) opposition, rejecting its claims that the Board lacked subject matter jurisdiction (FRCP 12(b)(1)) and that Opposer MyMeta Software, Inc. failed to state a claim upon which relief can be granted (FRCP 12(b)(6). [read post]
29 Apr 2024, 3:15 am
[…] There is a direct right of appeal from the trial courts to the Delaware Supreme Court and, in certain circumstances, appeals can be heard on an expedited basis in a matter of weeks or even days. [read post]
23 Apr 2024, 9:01 pm
On March 28, 2024, the Council of the Corporation Law Section of the Delaware State Bar Association (DSBA) approved proposed amendments to the Delaware General Corporation Law (DGCL) in order to align the DGCL’s provisions with current market practices following several recent Court of Chancery decisions. [read post]
21 Apr 2024, 2:25 pm
United States. [read post]
15 Apr 2024, 6:00 pm
On March 12, the Judicial Conference announced that certain litigants who want to prevent a federal or state law or policy from taking effect should be forced to litigate before a judge in a randomly chosen division—no matter how large the judicial district, and no matter how far away the randomly-chosen judge. [read post]
14 Apr 2024, 11:47 am
The federal gun charges against Hunter Biden, brought in the state of Delaware, stem from the allegations that Hunter Biden lied about his drug addiction on federal firearm purchase forms. [read post]
13 Apr 2024, 11:27 am
Iran’s state-run IRNA said a special forces unit of the Guard’s navy carried out the attack on the Portuguese-flagged MSC Aries, a container ship associated with London-based Zodiac Maritime. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
12 Apr 2024, 6:30 am
Gubler (Arizona State University), on Monday, April 8, 2024 Tags: corporate boards, corporate law, directors, Fiduciary duties, Shareholder value, Stakeholders Delaware Supreme Court Holds Entire Fairness Applicable to All Conflicted Controller Transactions Posted by Gregory V. [read post]
9 Apr 2024, 9:01 pm
Goldblatt denied motions filed by multiemployer pension funds to arbitrate debtors’ objections to pension withdrawal liability claims in the United States Bankruptcy Court for the District of Delaware. [read post]
9 Apr 2024, 7:03 am
A Delaware court was less forgiving to a COVID-19 claim [ Hudson v. [read post]
7 Apr 2024, 9:05 pm
For many business economists and legal academics, the purpose of any business organization is simply stated: to maximize profits. [read post]
6 Apr 2024, 4:42 pm
The takeaway: the TikTok entities are entirely unconnected as a formal matter to Chinese-incorporated entities. [read post]
5 Apr 2024, 11:47 am
And at least there’s no question this object really exists, unlike Delaware’s official state star, which doesn’t. [read post]
5 Apr 2024, 12:15 am
"Curiouser and curiouser" Matters became curiouser and curiouser earlier this week when the bill was amended. [read post]
2 Apr 2024, 9:01 pm
Legislation proposing to amend the General Corporation Law of the State of Delaware (the “DGCL”) has been approved by the Council of the Corporation Law Section of the Delaware State Bar Association and is expected to be introduced to the Delaware General Assembly for consideration during its 2024 regular session. [read post]
1 Apr 2024, 3:00 am
The new section will also provide that, where the board has previously taken action to approve an agreement, document or other instrument that is required to be filed with the Delaware Secretary of State (or required to be referenced in a certificate so filed (e.g., a certificate of merger or certificate of amendment)), the board may ratify the agreement, document or other instrument before the instrument effecting the act becomes effective. [read post]
28 Mar 2024, 6:31 am
By now, corporate law scholars and practitioners in the United States widely appreciate the importance of Delaware’s legal compliance jurisprudence. [read post]
