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30 Apr 2020, 1:59 am
Whether you form your business entity in your home state or in a business-friendly jurisdiction such as Delaware or Wyoming (which, in itself, is not a decision to be taken lightly), you will need to tailor your organizational documents to the specific requirements of the applicable law. 5. [read post]
29 Apr 2020, 5:45 pm
First, the Court was not persuaded by Day’s argument that Delaware lacked a substantial relationship with the parties, noting that this exception “plainly” did not apply in this case because NuVasive is incorporated in Delaware. [read post]
29 Apr 2020, 8:58 am
In March 2020, as the severity of the COVID-19 pandemic in the United States began to emerge, state and local governments took historic steps to shut down all nonessential activity in their jurisdictions. [read post]
29 Apr 2020, 8:12 am
State Capital Stock Tax Rates as of January 1, 2020 State Tax Rate Max Payment Alabama 0.175% $15,000 Arkansas 0.3% Unlimited Connecticut (a) 0.341% $1,000,000 Delaware 0.03% $200,000 Georgia (b) $5,000 Illinois (c) 0.1% $2,000,000 Louisiana (d) 0.3% Unlimited Massachusetts (a) 0.26% Unlimited Mississippi (e) 0.2% Unlimited Nebraska (b) $11,995 New York (a, f) 0.025% $5,000,000 North Carolina 0.15% Unlimited Oklahoma 0.125% $20,000 South Carolina 0.1% Unlimited … [read post]
29 Apr 2020, 7:36 am
In Delaware, Governor John C. [read post]
29 Apr 2020, 4:58 am
The Delaware courts, in a line of cases beginning with In re Caremark Int’l Inc. [read post]
28 Apr 2020, 5:42 pm
” The Court also concluded that federal-forum provisions are not contrary to the policies or laws of Delaware, noting that such provisions are “given great respect” under Delaware law. [read post]
28 Apr 2020, 5:00 pm
Apr. 21, 2020), the Delaware Court of Chancery (Slights, V.C.), addressed the “fundamental,” but rarely asked, “question of what is required to plead a fact ‘with particularity’ under Rule 23.1. [read post]
28 Apr 2020, 3:42 pm
Under Delaware law, a shareholder is deemed to have control if the shareholder either owns a majority of the voting stock or exercises control over corporate decision making.[1] If the shareholder... [[ This is a content summary only. [read post]
28 Apr 2020, 9:07 am
“Leo Strine, Delaware’s Colorful Corporate-Law Czar, Joins New York Firm; 56-year-old will advise Wachtell’s clients on mergers, litigation and other matters”: Liz Hoffman has this article in today’s edition of The Wall Street Journal. [read post]
28 Apr 2020, 8:57 am
We are hearing that FEMA seized PPE product in Michigan and Delaware. [read post]
28 Apr 2020, 6:08 am
Crews in Rehoboth Beach removed the benches from the waterfront pedestrian area and surrounding spots on Monday, The Delaware News Journal reported. [read post]
28 Apr 2020, 3:15 am
Tags: COVID-19 virus, Delaware, property law, small business, taxes, WO writings [read post]
27 Apr 2020, 5:18 pm
My friend former Delaware Supreme Court Chief Justice Leo Strine reportedly has joined Wachtell Lipton, where "will advise Wachtell’s clients on mergers, litigation and other matters. [read post]
27 Apr 2020, 4:29 pm
For example, the California Bay Area counties have already extended orders through the end of May, and the Governors of Delaware and Connecticut announced that reopening is premature. [read post]
27 Apr 2020, 2:29 pm
In addition to these three securities class action lawsuit, there has also been at least one cannabis-related shareholder derivative lawsuit filed in 2020 – on April 24, 2020, a plaintiff shareholder filed a derivative suit in the District of Delaware against the board of Zynerba Pharmaceuticals, Inc. [read post]
27 Apr 2020, 11:00 am
En Delaware, hay dos casos menos. [read post]
25 Apr 2020, 5:54 pm
The Court factually distinguished a case that found specific jurisdiction based on an amalgamation of factors that included: Delaware lawyers drafting the agreement at issue; a Delaware choice-of-law provision; and issues related to the sale of capital stock in a Delaware company. [read post]
25 Apr 2020, 1:51 pm
Mar. 30, 2020), for the Delaware Business Court Insider in its recent edition. [read post]
25 Apr 2020, 7:37 am
This post was prepared by Frank Reynolds, who has been following Delaware corporate law, and writing about it for various legal publications, for over 30 years. [read post]
