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13 May 2019, 11:58 am by Sergio F. Oehninger and Yaniel Abreu
The Delaware Superior Court ruled that insurers could not rely on Written Consent and Cooperation clauses in directors and officers liability insurance policies to avoid coverage for settlements by Dole Food Company, Inc. [read post]
13 May 2019, 6:00 am by Guest Blogger
For the symposium on Sanford Levinson and Jack M. [read post]
12 May 2019, 4:53 pm by Eleanor Vaida Gerhards
If you found this information useful and are a franchise system, franchisee, area developer or franchise industry supplier in the Philadelphia, New Jersey or Delaware area seeking to join the Women’s Franchise Network, then click here. [read post]
10 May 2019, 8:25 am by Stephen Honig
That is a hard hill to climb in Delaware, whose regulatory scheme is premised on the freedom of directors to direct (thereby attracting as clients so many major corporations which choose to form themselves under Delaware state law). [read post]
10 May 2019, 6:17 am
Securities and Exchange Commission, on Wednesday, May 8, 2019 Tags: Broker-dealers, Capital formation, Cybersecurity, Human capital, Investor protection, Retail investors, SEC, Securities enforcement, Securities regulation, US Senate Cyber Lessons and #MeToo Risk Posted by Laurie Hays and Jamie Singer, Edelman, on Thursday, May 9, 2019 Tags: #MeToo, Board oversight, Boards of Directors, Cybersecurity, Human… [read post]
10 May 2019, 5:52 am by Associated Press
Delaware-based craft beer company Dogfish Head Brewery is being acquired by the Boston-based brewer of Sam Adams beer in a $300 million cash and stock deal. [read post]
9 May 2019, 7:25 pm by Francis Pileggi
The post Chancery Applies Corporate Advancement Case Law to LLC Context appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
8 May 2019, 10:30 am by Matthew Scott Johnson
Chiappinelli’s article The Moral Basis of State Corporate Law Disclosure is cited in the following article: Reza Dibadj, Disclosure as Delaware’s New Frontier, 70 HASTINGS L.J. 690 (2019). 10. [read post]
8 May 2019, 6:18 am
Delaware follows a softer approach: while not requiring minority approval, it applies more deferential judicial review to a related-party transaction in which the controller voluntarily gives veto rights to the minority. [read post]
8 May 2019, 3:00 am by John Jenkins
The early reviews on the Delaware Supreme Court’s Aruba Networks decision are coming in – and they’re mixed. [read post]
8 May 2019, 3:00 am by John Jenkins
” Bringing fiduciary duty claims based on insider trading may seem somewhat incongruous given the pervasiveness of federal law in this area, but Delaware has recognized these so-called “Brophy claims” ever since the Delaware Supreme Court’s 1949 decision in Brophy v. [read post]
7 May 2019, 8:18 pm by Dennis Crouch
  However, following a bench trial the Delaware district court sided with the patentee — holding that the claims had not been proven invalid with clear and convincing evidence. [read post]
7 May 2019, 3:23 pm by Kevin LaCroix
Over the course of the past few weeks, very substantial settlements were announced in two separate securities class action lawsuits, one involving the giant Internet company Alibaba and one involving the auto manufacturing company Fiat Chrysler. [read post]
7 May 2019, 7:51 am by The Murray Law Firm
LOCAL NEWS Gunfire erupted outside a Dover, Delaware nightclub early Saturday morning, May 4, 2019, leaving one young man injured. [read post]
7 May 2019, 6:26 am
However, over time there has been increased scrutiny of sale processes by shareholders, Delaware Courts, and scholars in finance and economics, who have observed that deal premia might turn out to be higher if a company is sold via an auction-style process. [read post]
6 May 2019, 6:49 am
This post is based on their Debevoise memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
6 May 2019, 12:26 am by Peter Mahler
No. 11255-VCG [Del Ch Apr. 30, 2019], tells the fascinating story of two individuals — Neil Smith, a seasoned management consultant in the profit improvement field, and Eugene Ludwig, a former U.S. comptroller of the currency and head of a financial services advisory firm — who together formed a Delaware company called Promontory Growth and Innovation, LLC (PGI), to provide management consulting services to financial services companies to enhance earnings and business… [read post]