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30 May 2024, 6:30 am
” Even more unusually, the Delaware Supreme Court took this step over the Court of Chancery’s refusal to certify the appeal. [read post]
29 May 2024, 4:58 pm
The Delaware contretemps continues What is the Value of the Corporate Charter? [read post]
29 May 2024, 8:52 am
Days later the state’s Senate unanimously passed a measure ( SB 1120 ) that would require AI used by health insurers for utilization review or utilization management decisions to meet certain requirements, including fair and equitable application of the technology. ( PLURIBUS NEWS , LEXISNEXIS STATE NET) DE Lawmakers Pass Bill to Create Hospital Budget Review Board The Delaware legislature passed a bill ( HB 350 ), modeled after a Vermont law, that would create a state board with the… [read post]
29 May 2024, 3:30 am
It will be interesting to see if other companies that opt to move away from Delaware try to figure out ways to take the parts of Delaware they like with them as they move to their new homes. [read post]
28 May 2024, 9:05 pm
According to the Delaware Chancery Court, the answer was no. [read post]
28 May 2024, 9:01 pm
Copyright law, as it relates to Artificial Intelligence (“AI”), is at a crossroads. [read post]
28 May 2024, 2:21 pm
Why Form An LLC In Delaware? [read post]
28 May 2024, 12:03 pm
Top 16 Benefits Of A Delaware LLC How Does a Corporation Work? [read post]
28 May 2024, 9:11 am
The political season continues in June, and broadcasters serving Alabama, Arizona, Connecticut, Delaware, Florida, Guam, Hawaii, Kansas, Michigan, Minnesota, Mississippi, Missouri, Oklahoma, South Carolina, South Dakota, Tennessee, Vermont, Virgin Islands, Washington, and Wisconsin should be aware of the opening of the following political windows for certain primaries and elections scheduled to occur in June, July, and August – meaning that Lowest Unit Rates apply to sales to… [read post]
28 May 2024, 6:31 am
In a new Article I try to bridge this mismatch by conceptualizing the doctrine (often dubbed Caremark, after Delaware’s leading precedent). [read post]
28 May 2024, 6:31 am
In a new Article I try to bridge this mismatch by conceptualizing the doctrine (often dubbed Caremark, after Delaware’s leading precedent). [read post]
28 May 2024, 6:00 am
AP-Fonden v. [read post]
28 May 2024, 6:00 am
Conte v. [read post]
28 May 2024, 3:00 am
One of the most challenging aspects of Delaware’s corporate law jurisprudence over the past 40 years has involved efforts to reconcile the contractual obligations that a target board may commit itself to in connection with a sale transaction and its fiduciary duties to target company stockholders. [read post]
27 May 2024, 3:30 pm
The amendment was introduced by the delegates representing Delaware and initially only protected sex. [read post]
27 May 2024, 8:48 am
Takeaways and Gems of Delaware Law The court observes that “Delaware law does not regard a contractual breach as less culpable than a fiduciary breach. [read post]
27 May 2024, 8:32 am
A recent Delaware Court of Chancery decision addressed many Delaware legal precepts of importance in connection with claims by members in a web of related alternative entities, that have broad application for those involved in commercial and business litigation. [read post]
27 May 2024, 8:21 am
Many states, including California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Utah, Vermont, Virginia and Washington, offer drivers’ licenses to undocumented drivers [1]. [read post]
24 May 2024, 9:31 am
I previously posted about the proposed changes to Delaware law, the latest version of which would allow shareholder agreements insofar as they don’t go further than what a charter – including a preferred share issuance – could allow (except for... [read post]
24 May 2024, 8:55 am
On the other, state courts—most prominently, in Delaware—administer equity to preserve the correct operation of law in unforeseeable situations (substantive equity). [read post]