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13 Mar 2020, 6:31 am
Micheletti, Skadden, Arps, Slate, Meagher & Flom LLP, on Tuesday, March 10, 2020 Tags: Board independence, Boards of Directors, Business judgment rule, Delaware cases, Delaware law, Director liability, Fiduciary duties, Liability standards Appraisal and Merger Synergies—Right to a Refund on Prepayments Posted by Gail Weinstein, Brian T. [read post]
13 Mar 2020, 3:00 am
If you provide your shareholders with full & fair disclosure, and obtain approval of the deal from a majority of the shares held by disinterested stockholders in an uncoerced vote, then Delaware courts will review […] [read post]
12 Mar 2020, 6:01 pm
App. 176.In October 2017 Moss filed suit in Dallas County Justice Court on behalf of its client, Barclays Delaware Bank ("Barclays"), to collect a delinquent debt owed by Christopher O. [read post]
12 Mar 2020, 3:00 am
Ch.; 2/20), the latest Delaware case to address this issue. [read post]
11 Mar 2020, 8:07 pm
As an aside, last Thursday and Friday many members of the Delaware Bar who practice corporate litigation (including yours truly), as well as members of the Delaware Supreme Court and Delaware Court of Chancery, attended the 32nd Annual Tulane Law School Corporate Law Institute in New Orleans, as they have done since the seminar was started by a former Delaware Supreme Court justice. [read post]
11 Mar 2020, 7:24 pm
A recent Delaware Court of Chancery opinion discussed the nuances of an unusual personal and business relationship, akin to a “familial intimacy”, that formed the basis for the court to conclude that a fiduciary relationship could be proven at trial. [read post]
11 Mar 2020, 7:15 pm
A recent Order from the Delaware Supreme Court in the matter styled: In re Solera Insurance Coverage Appeals, Nos. 413-2019; 418-2019 (Del. [read post]
11 Mar 2020, 6:47 pm
The Delaware Court of Chancery recently ruled that AmTrust, Inc. [read post]
11 Mar 2020, 4:04 pm
The constant threat of terrorism and ongoing exposure of corporate scandals show this.But action must be based on facts and fairness, not prejudice and preferential treatment.If criminals are to be tackled effectively, international financial regulation must operate according to the principles of a level playing field.Small countries with offshore finance centres are concerned at the behaviour of large, developed countries and of the supranational bodies they control, such as the Organisation… [read post]
11 Mar 2020, 8:42 am
Sovereign Indignity: Texas must Litigate its Infringement Case in Delaware [read post]
11 Mar 2020, 6:08 am
From the web page of the Ohio Supreme Court The Ohio Supreme Court today suspended a former Delaware County municipal court judge, who is now a practicing attorney, for two years after he was convicted of attempting to collect court-appointed... [read post]
11 Mar 2020, 6:02 am
The Ohio Supreme Court today suspended a former Delaware County municipal court judge, who is now a practicing attorney, for two years after he was convicted of attempting to collect court-appointed counsel fees while also being paid privately by a criminal defendant’s parents. [read post]
10 Mar 2020, 11:11 pm
The following synopsis was prepared by Chauna Abner, an attorney in the Delaware office of Eckert Seamans. [read post]
10 Mar 2020, 1:28 pm
The situation in corporations is more muddied, and while in Massachusetts fellow shareholders in closely held corporations often are found to have various fiduciary duties to each other, the rulings in Delaware can fairly be said to be not quite so clear. [read post]
10 Mar 2020, 12:10 pm
Bauguess Electrical was an electrical subcontract that entered into a contract with Hospitality Builders for work on Hotel project in Delaware County Pennsylvania. [read post]
10 Mar 2020, 6:36 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
10 Mar 2020, 6:36 am
This post is a brief reminder for directors of Delaware corporations (and of corporations organized in states that generally follow Delaware law in this area) of the basic fiduciary duty rules that govern their conduct. [read post]
9 Mar 2020, 7:59 pm
IN THE COURT OF CHANCERY OF THE STATE OF DELAWARE STANDING ORDER CONCERNING COVID-19 PRECAUTIONARY MEASURES WHEREAS, the Centers for Disease Control and Prevention has determined that a novel coronavirus ("COVID-19") presents a serious public health threat. [read post]
9 Mar 2020, 6:58 pm
The following synopsis was prepared by Chauna Abner, an attorney in the Delaware office of Eckert Seamans. [read post]
9 Mar 2020, 2:48 pm
Should a corporation be formed in California, Delaware, Nevada or another state? [read post]
