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31 Mar 2015, 7:13 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]
31 Mar 2015, 2:37 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]
31 Mar 2015, 12:00 pm
A recent California appellate decision unequivocally held that this tactic will not work for shareholders of Delaware corporations who sue in California state court. [read post]
31 Mar 2015, 1:53 am
Because the defendant is a corporation registered in Delaware and has it its principal place of business in California the claimants sought and obtained the permission of the Court to serve out pursuant to CPR 6.36 and Practice Direction 6B. [read post]
30 Mar 2015, 6:07 am
With the law school regulator's blessing, Widener Law's Delaware and Harrisburg campuses will officially become two separate schools effective July 1. [read post]
29 Mar 2015, 1:02 pm
John Coffee highlights an important wrinkle in the legislation proposed by the Delaware state bar to ban fee shifting bylaws and charter provisions: Fee-shifting bylaws and charter provisions are... [[ This is a content summary only. [read post]
26 Mar 2015, 6:18 am
On appeal, it was noted several other district courts in the Third Circuit (which covers Delaware, New Jersey and parts of Pennsylvania) had sided with employers in similar disputes. [read post]
26 Mar 2015, 3:40 am
I found it more interesting that they did not become a “public benefit corporation” under Delaware law, which truly would have been remarkable (and likely posed marketing challenges with investors). [read post]
25 Mar 2015, 6:12 am
Even as the Delaware appraisal rights landscape continues to evolve, dealmakers should not assume that the issues and outcomes will be the same in transactions involving companies incorporated in other states. [read post]
For Shareholder Inspection Demands, A Purpose Isn’t “Proper” When the Issue Has Already Been Decided
24 Mar 2015, 1:27 pm
Generally speaking, Delaware General Corporations Law Section 220 provides shareholders with a limited right to inspect confidential corporate records if they can establish a “proper purpose” for the inspection and explain why each category of documents sought is “necessary and essential” to fulfill the stated purpose. [read post]
23 Mar 2015, 3:38 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]
23 Mar 2015, 2:16 am
” In a March 16, 2015 press release (here), the company stated that it had turned over all of the information that the prosecutor had requested to the Chilean Internal Revenue Service, which the company stated was the proper authority to receive the information. [read post]
21 Mar 2015, 6:54 am
(The Colored Conventions Project at the University of Delaware has a wonderful resource webpage for these conventions here.) [read post]
20 Mar 2015, 7:18 am
On March 17, 2015, Quicksilver Resources Inc. and certain affiliates (collectively, the “Debtors” and when combined with certain non-debtor affiliates, the “Company”) filed for Chapter 11 bankruptcy protection in the United States Bankruptcy Court for the District of Delaware. [read post]
Why Are Investors Seeking Litigation Funding Opportunities? Because Litigation Funding is Profitable
20 Mar 2015, 4:22 am
In addition, most states in the U.S. allow contingency fees, by contrast to many other countries where contingency fees are not permitted. [read post]
20 Mar 2015, 3:18 am
Here is the intro: Since the Corporation Law Council of the Delaware State Bar Association announced earlier this month that it was recommending statutory amendments to […] [read post]
19 Mar 2015, 12:27 pm
The states were California, Connecticut, Delaware, Hawaii, Illinois, Iowa, Maryland, Massachusetts, New Mexico, New York, Oregon, Rhode Island, Vermont, and Washington. [read post]
19 Mar 2015, 6:08 am
On March 11, 2015, the Delaware State Bar Association gave its formal approval to HB 49, which was filed yesterday in the Delaware Legislature. [read post]
19 Mar 2015, 6:05 am
This, it seems, is the implicit view of the Delaware State Bar Association’s Corporation Law Council (the “Council”) with regard to fee-shifting in shareholder litigation. [read post]
18 Mar 2015, 11:39 am
Delaware and Florida have judicial override on the books, but it is largely a relic of the past. [read post]