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14 Jul 2014, 5:33 am
* * * Of the $7 billion resolution, $4.5 billion will be paid to settle federal and state civil claims by various entities related to RMBS: Citigroup will pay $4 billion as a civil penalty to settle the Justice Department claims under FIRREA, $208.25 million to settle federal and state securities claims by the Federal Deposit Insurance Corporation (FDIC), $102.7 million to settle claims by the state of California, $92 million to settle claims by the state… [read post]
14 Jul 2014, 4:23 am
The Delaware State Bar Association had prepared possible legislation to prohibit such bylaws in May, but in response to concerns from the Chamber of Commerce and other business groups, a resolution asking for continued examination of the measures that would address fee-shifting was approved by the Delaware legislature instead. [read post]
10 Jul 2014, 11:50 am
Read the rest of Pennacchio Welcomes Support for Bi-State DRPA Reform Legislation (205 words) [read post]
10 Jul 2014, 4:38 am
To be sure, Judge Magnuson said only that he could find no Delaware law for the proposition that restitutionary amounts are uninsurable as a matter of law in that state. [read post]
10 Jul 2014, 4:22 am
This WSJ article led me to this disclosure you’re unlikely to see in a Schedule 14D-9 filed by an independent director of a Delaware company in response to a tender offer by a controlling stockholder – as highlighted below, it includes disclosure that the financial advisor declined further participation in the process! [read post]
9 Jul 2014, 5:04 am
” It also seems likely that the uncertain state of play in Delaware also is discouraging some companies from acting. [read post]
9 Jul 2014, 5:00 am
But, Molly DiBianca at the Delaware Employment Law Blog beat me to it. [read post]
8 Jul 2014, 1:29 pm
” Even if plaintiff had stated a claim for breach of fiduciary duty, there was nothing showing that Cypress knowingly participated in such a breach. [read post]
8 Jul 2014, 12:11 pm
The Delaware Corporate and Legal Services Blog reports that "all state courts that have considered the enforceability of exclusive forum provisions have upheld them, including courts in California,... [[ This is a content summary only. [read post]
7 Jul 2014, 2:12 pm
For those interested, the Delaware secretary of state's office informs me that there were 145 Delaware public benefit corporations (PBCs) as of 6/30/14. [read post]
7 Jul 2014, 12:04 pm
That is, occasionally someone will express the belief that it is, for example, illegal to kill or otherwise bother an official state animal or fish or bird or lizard or tree or plant or microbe (Oregon) or macroinvertebrate (Delaware) or whatever. [read post]
7 Jul 2014, 7:30 am
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]
6 Jul 2014, 6:54 pm
Delaware RiverPennsylvania's Department of Environmental Protection has begun an extensive sampling of chemical contaminants in response to the discovery of intersex fish in three of the state's rivers, a department spokeswoman said.Male fish carrying eggs were found in the Susquehanna, Delaware and Ohio river basins, a sign that the water may be tainted with chemicals, the U.S. [read post]
6 Jul 2014, 6:49 pm
The states are: Connecticut, Delaware, Hawaii, Maryland, Massachusetts, Michigan, Minnesota, Rhode Island, Vermont and West Virginia. [read post]
6 Jul 2014, 5:43 pm
The number of ill persons identified in each state is as follows: Alabama (1), Alaska (1), Arkansas (1), Arizona (25), California (480), Colorado (9), Connecticut (1), Delaware (1), Florida (4), Georgia (1), Hawaii (1), Idaho (5), Illinois (1), Kentucky (1), Louisiana (1), Michigan (4), Missouri (5), Montana (1), North Carolina (1), Nevada (11), New Mexico (2), Oregon (17), Puerto Rico (1), Tennessee (1), Texas (13), Utah (6), Virginia (4), Washington (20), West… [read post]
6 Jul 2014, 4:15 pm
On July 4, 2014, the CDC reported a total of 621 individuals infected with the outbreak strains of Salmonella Heidelberg from 29 states and Puerto Rico. [read post]
6 Jul 2014, 4:14 pm
On July 4, 2014, the CDC reported a total of 621 individuals infected with the outbreak strains of Salmonella Heidelberg from 29 states and Puerto Rico. [read post]
4 Jul 2014, 1:59 pm
Hoexter, an estate-planning lawyer at the law firm Helsell Fetterman in Seattle.Some states have passed laws to address aspects of these issues. [read post]
3 Jul 2014, 2:25 pm
Delaware officials should have closed a damaged interstate bridge sooner and missed opportunities by not having qualified personnel respond quickly to tips about the bridge's deterioration, the state's transportation secretary said last week. [read post]
2 Jul 2014, 12:38 pm
Senator Joe Pennacchio, sponsor of comprehensive bi-state legislation to reform the troubled Delaware River Port Authority, stated the following regarding news that the public agency is now spending $7,500 per month on a politically connected “crisis communicator” to try to look better, in light of missing emails in a federal probe and a host of other issues: “I’ll be the DRPA’s ‘crisis communicator,’ free of charge. [read post]
