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17 Apr 2019, 10:29 am
Stay Informed on Tax Policy Research and Analysis Select StateAlabamaAlaskaArizonaArkansasCaliforniaColoradoConnecticutDelawareDistrict of ColumbiaFloridaGeorgiaHawaiiIdahoIllinoisIndianaIowaKansasKentuckyLouisianaMaineMarylandMassachusettsMichiganMinnesotaMississippiMissouriMontanaNebraskaNevadaNew HampshireNew JerseyNew MexicoNew YorkNorth CarolinaNorth DakotaOhioOklahomaOregonPennsylvaniaRhode IslandSouth CarolinaSouth DakotaTennesseeTexasUtahVermontVirginiaWashingtonWest… [read post]
17 Apr 2019, 5:00 am
This week we will highlight; Connecticut, Delaware and District of Columbia (D.C.)! [read post]
17 Apr 2019, 3:00 am
Aruba Networks (Del. 4/19), the Delaware Supreme Court reversed the Chancery Court’s ruling that the fair value of Aruba’s stock for appraisal purposes was its unaffected market price prior to its acquisition by Hewlett-Packard. [read post]
16 Apr 2019, 6:05 am
This post is based on their Fried Frank memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
16 Apr 2019, 3:00 am
The Delaware Chancery Court recently held that a buyer was not under an obligation to maximize the amount of an earnout potentially payable to the sellers subsequent to an acquisition. [read post]
15 Apr 2019, 7:30 pm
Another exemplar, Delaware corporate law (“the global business law court”) has been a source of law to numerous nations (United States Influence on the Australian Legal System). [read post]
15 Apr 2019, 6:54 pm
Delaware Corporate Fiduciary Law: Searching for the Optimal Balance, Lawrence A. [read post]
15 Apr 2019, 8:01 am
Region 3 is located in Philadelphia and covers Delaware, the District of Columbia, Maryland, Pennsylvania, Virginia, and West Virginia. [read post]
15 Apr 2019, 6:57 am
The others were Connecticut, Delaware and New Mexico. [read post]
15 Apr 2019, 3:05 am
– 26% of companies included “flash results” for a recently-completed period – that number jumped to 50% for companies that priced within 45 days of quarter-end – 47% of companies issued stock in a private placement within a year of going public – 46% of companies disclosed a material weakness and 22% had a going concern qualification – 15% of companies had multiple classes of stock – mostly in the tech sector – and 92% had a classified board… [read post]
14 Apr 2019, 2:02 pm
In the state action based on various state law claims, the litigation turned on the corporate status of Manhattan Review LLC because its corporate status had been cancelled by the State of Delaware. [read post]
14 Apr 2019, 9:32 am
This certainly is a significant change, making Massachusetts only the fourth state to have enacted a similar mandate (See also, California, Connecticut, and Delaware). [read post]
13 Apr 2019, 3:17 pm
Heller, I’d view the Delaware Supreme Court’s reasoning as potentially influential in other states, too.) [read post]
13 Apr 2019, 6:51 am
Legislation proposing to amend the General Corporation Law of the State of Delaware (the “General Corporation Law”) has been released by the Corporate Council of the Corporation Law Section of the Delaware State Bar Association and, if approved by the Corporation Law Section, is expected to be introduced to the Delaware General Assembly. [read post]
12 Apr 2019, 6:17 pm
Mar. 27, 2019), the Delaware Court of Chancery addressed whether certain named defendants were subject to jurisdiction in Delaware under the implied consent statute of 6 Del. [read post]
12 Apr 2019, 11:48 am
And in one recent case, the Delaware Supreme Court found that in the absence of minutes, plaintiffs making a “books and records” demand on a company would be able to see emails between directors, among other things. [read post]
12 Apr 2019, 7:24 am
The other states with such restrictions are California, Connecticut, Delaware, Hawaii, Massachusetts, Oregon, and Vermont, along with such cities as New York City, San Francisco, and most recently, Cincinnati. [read post]
12 Apr 2019, 6:20 am
This post is based on their Cleary Gottlieb memorandum, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
12 Apr 2019, 6:20 am
Travis Laster (Delaware Court of Chancery), on Tuesday, April 9, 2019 Tags: Agency model, Bidders, Boards of Directors, Conflicts of interest, Delaware articles, Delaware law, Merger litigation, Mergers & acquisitions, Shareholder suits The SEC “Through the Eyes of Management” Posted by Jay Clayton, U.S. [read post]
12 Apr 2019, 5:01 am
The testing will also let drivers who care to get into the arithmetic weeds to compare the theoretical charges with what they are currently paying in gasoline taxes.The Coalition intends to recruit more drivers, particularly in Delaware and Pennsylvania. [read post]
