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10 Apr 2020, 4:34 pm
Under Delaware law, directors owe fiduciaries duties of care and loyalty to their company. [read post]
10 Apr 2020, 7:13 am
The Court noted that the employer was incorporated in Delaware and held that this was a sufficient basis on which to apply Delaware law to the restrictive covenant. [read post]
10 Apr 2020, 6:01 am
Bachelder, McCarter & English LLP, on Monday, April 6, 2020 Tags: ESG, Executive Compensation, Incentives, Long-Term value, Pay for performance, Shareholder value, Stakeholders Federal Forum Provision Possible Impact on D&O Insurance Posted by Boris Feldman, Wilson Sonsini Goodrich & Rosati, on Monday, April 6, 2020 Tags: D&O insurance, Delaware cases, Delaware law, Forum… [read post]
9 Apr 2020, 4:38 pm
In fact, Delaware law has authorized a meeting of shareholders in electronic-only format for 20 years. [read post]
9 Apr 2020, 12:44 pm
Vice Chancellor Laster of the Delaware Chancery Court recently held that a forum selection clause was unenforceable when the chosen forum was “unavailable” due to a COVID-19 closure. [read post]
9 Apr 2020, 10:33 am
Based on 2020 fund solvency levels and initial and continuing claims as of April 4, 2020 State Weeks Alabama 20 Alaska 40 Arizona 20 Arkansas 33 California 4 Colorado 27 Connecticut 10 Delaware 14 District of Columbia 14 Florida 90 Georgia 11 Hawaii 21 Idaho 34 Illinois 11 Indiana 14 Iowa 21 Kansas 30 Kentucky 7 Louisiana 19 Maine 24 Maryland 16 Massachusetts 6 Michigan 16 Minnesota 13 Mississippi 62 Missouri 19 Montana 47 Nebraska 26 Nevada 21 New Hampshire 10 New Jersey 13 New Mexico 24… [read post]
9 Apr 2020, 8:00 am
The Delaware Chancery Court recognized the “fiduciary exception” in Riggs Nat’l Bank of Washington, D.C. v. [read post]
9 Apr 2020, 8:00 am
The Delaware Chancery Court recognized the “fiduciary exception” in Riggs Nat’l Bank of Washington, D.C. v. [read post]
8 Apr 2020, 3:55 pm
All Lines of Insurance Delaware: On April 6th, Governor John Carney issued the Tenth Modification of the Declaration of the State of Emergency regarding the COVID-19 crisis. [read post]
8 Apr 2020, 10:09 am
Hearthside Food Solutions is a Delaware corporation with headquarters in Downers Grove, IL. 18 Rabbits hired Hearthside to toll manufacture its premium organic granola bars, in a process by which 18 Rabbits would supply the raw materials for the bars, Hearthside would manufacture them, and 18 Rabbits would own the completed product. [read post]
8 Apr 2020, 9:21 am
www.foxrothschild.com California Colorado Delaware District Of Columbia Florida Georgia Illinois Minnesota Nevada New Jersey New York North Carolina Pennsylvania South Carolina Texas Virginia Washington Copyright © 2020 Fox Rothschild LLP. [read post]
8 Apr 2020, 8:39 am
Links to temporary licensure applications and/or guidance from Pennsylvania’s neighboring states can be found below: Delaware DE Temporary License Application Maryland MD Executive Order – No application for temporary licensure is necessary. [read post]
8 Apr 2020, 1:56 am
The unchartered anchor, lying on the Delaware River’s bed just outside the CITGO berth at Paulsboro, New Jersey, punctured the tanker’s hull, causing 264,000 gallons of heavy crude oil to spill into the river. [read post]
7 Apr 2020, 1:35 pm
More About the Delaware Supreme Court’s Landmark Decision on Federal Forum Provisions: As I detailed in a post at the time, on March 19, 2020, the Delaware Supreme Court held in the Sciabaccuchi decision that provisions in company’s articles of incorporation designating a federal court forum for liability actions under the ’33 Act are facially valid. [read post]
7 Apr 2020, 12:54 pm
On April 2, authorities were called to the scene of a workplace accident on Delaware Street. [read post]
7 Apr 2020, 6:20 am
Relevant to the times in which we find ourselves, the Delaware Court of Chancery, in a newly released transcript ruling in K-Bar Holdings LLC v. [read post]
7 Apr 2020, 3:00 am
State Rainy Day Fund Balances, Start of FY 2020 State Amount ($ millions) Percent of Expenditures Alabama $945 10.1% Alaska $2,279 52.6% Arizona $1,019 8.8% Arkansas $153 2.7% California $19,204 13.0% Colorado $1,046 7.9% Connecticut $2,965 15.3% Delaware $252 5.4% Florida $1,574 4.6% Georgia (a) $2,557 10.6% Hawaii $396 4.8% Idaho $373 9.5% Illinois $4 0.0% Indiana $1,446 8.6% Iowa $784 10.3% Kansas $0 0.0% Kentucky $304 2.6% Louisiana $430 4.4% Maine $306 7.8% Maryland $1,198 6.2%… [read post]
7 Apr 2020, 3:00 am
Virtual Meetings: Delaware Gov. [read post]
6 Apr 2020, 8:37 pm
Delaware. [read post]
6 Apr 2020, 4:14 pm
Delaware: On April 3rd, Commissioner Trinidad Navarro issued Domestic and Foreign Insurers Bulletin No. 117/Producers and Adjusters Bulletin No. 33, to all insurance companies authorized to transact business in Delaware and all licensed insurance producers, providing compliance guidance related to regulatory requirements during the COVID-19 crisis. [read post]
