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9 Mar 2015, 2:31 pm by James
Wilmington, DE — Two people were hospitalized following an accident with a DART bus in Wilmington, Delaware, on Friday, March 6, 2015. [read post]
If the lawmakers follow the recommendations of the Council (which they usually do) the changes will likely disappoint Delaware corporations, make mergers and acquisitions in that important state more difficult, reduce deal flow, and lead to lower prices being paid to selling shareholders. [read post]
9 Mar 2015, 3:28 am by Kevin LaCroix
  Delaware Legislature Readies to Consider Litigation Reform Bylaw Legislation: As Francis Pileggi discusses in a March 6, 2015 post on his Delaware Corporate and Commercial Litigation Blog (here), the Corporation Law Section of the Delaware State Bar Association has submitted proposed legislation to the Delaware legislature that would limit the ability of corporations to adopt fee-shifting provisions in their charter and bylaws, but also provide… [read post]
7 Mar 2015, 7:19 pm by Francis Pileggi
Postscript: Legislation that will be proposed shortly by the Delaware State Bar Association will publicly support appraisal arbitrage, a cutting edge development in corporate litigation. [read post]
6 Mar 2015, 3:00 pm by Francis Pileggi
Most readers are aware that the Corporation Law Section of the Delaware State Bar Association annually proposes amendments to the Delaware General Corporation Law for the Delaware Legislature to pass, in order to refine the DGCL on a regular basis and to make sure it adapts to changes in the marketplace. [read post]
5 Mar 2015, 7:18 pm by Francis Pileggi
The post Chancery Decides: Expert Witness Must Be Individual–Not Entity appeared first on Delaware Corporate and Commercial Litigation Blog. [read post]
5 Mar 2015, 5:52 am
’”In light of the holding in [Bauman], the court finds that [defendant’s] compliance with Delaware’s registration statutes − mandatory for doing business within the state − cannot constitute consent to jurisdiction, and the Delaware Supreme Court’s [prior] decision . [read post]
3 Mar 2015, 7:26 pm by Francis Pileggi
Taylor, 329 U.S. 495 (1947), which was codified in Court of Chancery Rule 26(b)(3), which states the current iteration of the Delaware work-product rule. [read post]
3 Mar 2015, 9:03 am by John A. Gallagher
Commissions and Bonuses Are Matters of Contract - Most Commission or Bonus Plans State That an Employee Who Has Earned a Bonus or Commission Must Be Employed on the Date That the Commission or Bonus is Paid Out in Order to Be Entitled to PaymentAllow me to break it down simply.Neither state nor federal laws require the payments or bonuses or commissions; they only require the payment of minimum wage.Bonus Plans or Commission Plans are included within company policies that are… [read post]
2 Mar 2015, 9:01 pm by Joanna L. Grossman
Although the doctrine varies from state to state, it typically does not give rise to rights equivalent to a legal parent’s. [read post]
2 Mar 2015, 3:31 pm by Justin K. Beyer
Practical Considerations For Delaware corporations with employees in many states, this case presents a conundrum: While there is clearly a value to having a single state law govern its relationship with employees in many states, and Delaware law is comparatively employer-friendly with respect to restrictive covenants, there is a risk that the law of each employee’s home state will control unless the corporation has a meaningful connection… [read post]
2 Mar 2015, 7:32 am by Robert Kreisman
BGC responded by saying that the agreement with Fabian mandated that any lawsuits be tried exclusively in Delaware were to be decided by applying Delaware law. [read post]
1 Mar 2015, 4:43 pm by Sabrina I. Pacifici
In the 2030s, these states should be joined by Alaska, Louisiana, and New York, and in the 2040s, these states should be joined by Connecticut, Delaware, Illinois, Mississippi, Oklahoma, and Virginia. [read post]
28 Feb 2015, 4:05 pm by Carl Neff
 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 Feb 2015, 3:52 pm by Carl Neff
 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]