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14 Mar 2024, 9:05 pm
Moreover, under the landmark cases Revlon, Inc. v. [read post]
14 Mar 2022, 4:31 am
., Inc. (223 AD2d 134 [2d Dept 1996]), the first New York appeals case to consider enforceability of anti-dissolution provisions, the Court framed the issue succinctly: “We are asked to determine the validity of a provision within a shareholders’ agreement to waive the statutory and common-law right to petition for a judicial dissolution of a closely held corporation. [read post]
30 Jul 2021, 7:58 am
This competitor has outpaced Delaware’s legislative progress, is purported by Forbes to be the “Delaware of digital asset law,” and has sparked rumors that it could chip away at Delaware’s dominance as the corporate capital of the United States. [read post]
4 Jan 2021, 1:26 pm
I have set out below the Top Ten D&O Stories of 2020, with a focus on the future implications. [read post]
6 Jan 2015, 4:14 am
The possibility of litigation reform through bylaw revision received a substantial boost in May 2014, when the Delaware Supreme Court in the ATP Tours, Inc. v. [read post]
3 May 2010, 1:00 am
Corp., 63 NY2d, at 571, supra; see, Weinberger v UOP, Inc., 457 A2d 701, 713 [Del]). [read post]
1 Oct 2010, 10:17 am
Just drop the "Inc. [read post]
3 May 2022, 11:15 am
Beyer’s articles Digital Planning: The Future of Elder Law, and Web Meets the Will: Estate Planning for Digital Assets are cited in the following article: Isabelle N. [read post]
31 Oct 2023, 9:05 pm
Relatively few states today authorize such divisive mergers,” but one of them is Delaware.[7] Because the majority of large U.S. corporations are incorporated in Delaware, corporations could presumably use its similar procedure. [read post]
6 Apr 2020, 12:30 am
Intel Corp., the District of Delaware dismissed a claim for enhanced damages where the sole basis for the willful blindness claim was an alleged “corporate policy forbidding its employees from reading patents held by outside companies or individuals. [read post]
9 May 2023, 9:01 pm
As the Delaware Chancery Court has noted, advance notice bylaws serve “an important disclosure function, allowing boards of directors to knowledgably make recommendations about nominees and ensuring that stockholders cast well-informed votes. [read post]
21 Sep 2023, 7:20 am
For example, how might we better respond to a future pandemic? [read post]
12 May 2022, 2:17 am
Twitter, Inc is incorporated in Delaware, and has various subsidiaries around the world; Twitter International Company, for example, is incorporated in Ireland and responsible as data controller for users that live outside of the United States. [read post]
Guest Post: Preparing for a Cyber Caremark Lawsuit: Lessons from the Home Depot Derivative Complaint
23 Sep 2015, 4:40 pm
In re Caremark International Inc. [read post]
6 May 2024, 3:32 am
As Delaware Vice Chancellor Slights colorfully remarked in In re PetSmart, Inc., “Garbage In; Garbage Out” (CV 10782-VCS, 2017 WL 2303599, at *32 [Del Ch May 26, 2017]; Ramcell, Inc. v Alltel Corp., 2019-0601-PAF, 2022 WL 16549259, at *11 (Del Ch Oct. 31, 2022) (“Without a reliable estimate of cash flows, a DCF analysis is simply a guess. [read post]
5 Jun 2012, 8:14 am
(OPTZ), a Delaware freight transportation company; Huggins, 64 of St. [read post]
5 Jun 2012, 8:14 am
(OPTZ), a Delaware freight transportation company; Huggins, 64 of St. [read post]
6 Jan 2014, 11:20 pm
Supreme Court’s 1988 decision in Basic, Inc. v. [read post]
2 Dec 2015, 8:48 am
In Nagle, the co-owners of Schuylkill Products Inc. [read post]
2 Mar 2021, 6:21 am
Allegheny Ludlum Indus., Inc., 517 F. [read post]
