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26 Dec 2017, 5:00 am
The court also suggested that the documents cited in the complaint inaccurately described the Citigroup board’s actions; on this point, the court included a footnote reference to the recent Delaware Supreme Court decision regarding Duke Energy stating how to treat a plaintiff’s alleged exaggerations (“The plaintiffs unfairly describe the overall presentation, which we are not required to accept on a motion to dismiss,” said the majority in the Duke Energy… [read post]
22 Dec 2014, 11:40 am
Delaware law, said the Supreme Court, requires (among other things) that a plaintiff have a reasonable probability of winning on the merits. [read post]
28 Feb 2023, 8:11 am
That’s one reason why EFF, along with other public interest groups, filed a brief stating that the Delaware investigation must be allowed to continue. [read post]
23 Jul 2013, 7:08 am
That, in turn, was likely to result in an immediate lifting of the stay in the Delaware court. [read post]
7 Jul 2014, 7:30 am
Carl is admitted in the State of Delaware and regularly practices before the Delaware Court of Chancery, with an emphasis on shareholder disputes. [read post]
27 Sep 2012, 11:06 am
This decision was rendered in three combined cases, brought by New York State, The Delaware Riverkeeper Network (and others), and the Damascus Citizens for Sustainability, each alleging similar NEPA violations. [read post]
18 Dec 2015, 6:59 pm
Carl is admitted in the State of Delaware and regularly practices before the Delaware Court of Chancery, with an emphasis on shareholder disputes. [read post]
28 Nov 2016, 12:00 am
In this case, the issue is whether, under Delaware law, any of the claims against KPMG were “derivative” rather than “direct. [read post]
16 Jan 2014, 9:06 pm
The number of those ill identified in each state is as follows: Alaska (1), Arkansas (1), Arizona (19), California (321), Colorado (9), Connecticut (1), Delaware (1), Florida (4), Idaho (5), Illinois (1), Kentucky (1), Louisiana (1), Michigan (3), Missouri (5), North Carolina (1), Nevada (10), New Mexico (2), Oregon (10), Puerto Rico (1), Texas (10), Utah (2), Virginia (4), Washington (16), and Wisconsin (1). [read post]
21 Apr 2008, 12:06 pm
The next biggest seem to be Delaware with 157,000, Bucks County with 185,000 and Montgomery with 248,000. [read post]
13 May 2014, 8:29 am
It will certainly be of interest for scholars in comparative corporate law, but it also offers an important new perspective for scholars focused on a single jurisdiction, such as the United States (or Delaware). [read post]
8 Sep 2016, 3:00 am
” Specifically, Delaware asserts in its motion that uncashed “official checks” should be escheated to the state where the check issuer is incorporated, not the state where the checks were purchased. [read post]
28 Jul 2014, 5:55 am
Many of my clients suggested forming a single member LLC in states that apply charging lien remedies to single member LLCs; states like Nevada, Wyoming, or Delaware. [read post]
5 Jun 2014, 3:00 am
A majority of states have captive insurance legislation in place and onshore jurisdictions such as Vermont, Utah, Delaware, Tennessee, Arizona and Connecticut promote their captive legislation as an economic engine to attract new businesses. [read post]
19 Aug 2024, 9:05 pm
First, Delaware’s corporate law, and changes to it, originate not in the state legislature but in the Council of the Delaware State Bar Association’s Corporation Law Section, a body of longstanding, learned business lawyers and leaders, rather than elected politicians. [read post]
4 Oct 2021, 6:33 am
By Joanne Cursinella, J.D.The Delaware Supreme Court adopted a chancery court standard establishing a new three-part test as the universal test for assessing whether demand should be excused as futile, finding as a result that demand was not excused on Facebook’s board in connection with an allegation of bias in the approval of a stock reclassification plan (United Food and Commercial Workers Union and Participating Food Industry Employers Tri-State Pension Fund v. [read post]
15 Jun 2014, 10:07 am
Back in the day when families typically owned one car (usually a sedan or station wagon the size of Delaware), "distracted driving" meant fiddling with the radio, eating a messy sandwich or yelling at kids in the back seat to settle down. [read post]
10 Feb 2020, 12:25 pm
States that currently have such anti-discrimination provisions include Arizona, Arkansas, Connecticut, Delaware, Illinois, Maine, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oklahoma, Pennsylvania, Rhode Island and West Virginia. [read post]
28 Jul 2010, 9:46 pm
The Court dismissed most of the counts for either failure to state a claim or because they were exculpated duty of care claims. [read post]
2 May 2011, 7:13 am
These are called "salt belt" states, which also include: Connecticut, Delaware, Iowa, Illinois, Indiana, Massachusetts, Maine, Michigan, Minnesota, Missouri, New Hampshire, New Jersey, New York, Ohio, Pennsylvania, Rhode Island, Vermont, West Virginia and Wisconsin. [read post]
