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11 Oct 2019, 9:11 am
By Order issued by Chief Judge Stark, the United States District Court for the District of Delaware announced that it is hosting its biennial District of Delaware Bench and Bar Conference on April 30 and May 1, 2020. [read post]
11 Oct 2019, 6:03 am
McLeod, and Anitha Reddy, Wachtell, Lipton, Rosen & Katz, on Saturday, October 5, 2019 Tags: Board oversight, Boards of Directors, Caremark, Compliance and disclosure interpretation, Delaware cases, Delaware law, Derivative actions, Director liability, Disclosure, Fiduciary duties, Risk oversight, Securities litigation, Shareholder suits, Shareholder value Women Board Seats in Russell 3000 Pass the… [read post]
11 Oct 2019, 3:00 am
When I begin teaching my Business students about corporations, I always start with a little information about Delaware. [read post]
10 Oct 2019, 3:06 am
When Delaware Chief Justice Leo Strine announced that he’d be leaving the bench this fall, Broc speculated that grander things were yet to come. [read post]
9 Oct 2019, 11:48 am
The Andujar Case The Third Circuit Court of Appeals, which hears appeals from the federal district courts in New Jersey, Pennsylvania, Delaware and the United States Virgin Islands, recently issued an instructive opinion in the appeal of an age discrimination verdict under the Law Against Discrimination in the case of Santos Andujar versus General Nutrition Corporation. [read post]
9 Oct 2019, 7:57 am
Since then, I’ve lived and worked in Delaware, Maryland, and the Philadelphia area. [read post]
9 Oct 2019, 6:05 am
The Delaware Court of Chancery’s recent decision, Genuine Parts Company v. [read post]
9 Oct 2019, 6:00 am
Darius Sarro tried to kill himself multiple times after enduring repeated rapes and constant bullying. [read post]
9 Oct 2019, 5:02 am
Chesapeake Utilities, based in Dover, Delaware, executed three separate transactions to sell PESCO’s assets and contracts. [read post]
9 Oct 2019, 3:35 am
– Disclosure of Projections: Will Delaware’s Approach Still […] [read post]
8 Oct 2019, 2:27 pm
They do not necessarily follow the Delaware lead. [read post]
8 Oct 2019, 3:05 am
” VC Slights cited the Delaware Supreme Court’s recent decision in Marchand v. [read post]
7 Oct 2019, 7:53 pm
A recent Delaware Court of Chancery opinion allowed a claim to proceed based on the theory that a termination fee for a merger agreement was not the sole remedy for breach of contract. [read post]
7 Oct 2019, 2:37 pm
Discussion Vice Chancellor’s reliance upon and citation to the Delaware Supreme Court’s Marchand v. [read post]
7 Oct 2019, 10:59 am
The Delaware Chancery Court added to Delaware’s string of recent cases finding that shareholder derivative complaints successfully pleaded Caremark claims, which rank among the most difficult claims to plead. [read post]
7 Oct 2019, 7:16 am
While the case arose in Pennsylvania Federal Court, the Third Circuit rules on appeals from federal courts in New Jersey, Pennsylvania, Delaware and the United States Virgin Islands, so it’s decisions determine how federal law, including the Fair Labor Standards Act, will be applied are binding in New Jersey. [read post]
7 Oct 2019, 3:30 am
– Disclosure of Projections: Will Delaware’s Approach Still Rule the Roost? [read post]
7 Oct 2019, 3:00 am
Controlling shareholders can get a little grabby when it comes to stock issuances – and Delaware courts recognize that, in some circumstances, issuances that increase their ownership stake and dilute minority shareholders may breach the controller’s fiduciary duties. [read post]
6 Oct 2019, 8:55 am
” Background The current merger objection lawsuit practice in which plaintiffs’ voluntarily dismiss their suit based on defendants’ changes to the deal-related proxy statement and the payment of a mootness fee has its roots in the Delaware Chancery Court’s January 2016 decision in the Trulia case in which the Court rejected a disclosure only settlement of a merger objection suit. [read post]
6 Oct 2019, 7:28 am
This post is based on their Cooley memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
