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27 Jun 2013, 9:44 am
Watts  The United States Bankruptcy Court for the District of Delaware (the “Court”) recently upheld a $23.7 million make-whole payment (the “Make-Whole Payment”) in In re School Specialty (Case No. 13-10125), denying the assertion by the Official Committee of Unsecured Creditors (the “Committee”) that the fee is unenforceable under the United States Bankruptcy Code and applicable state law. [read post]
27 Jun 2013, 8:44 am by Sheppard Mullin
Watts  The United States Bankruptcy Court for the District of Delaware (the “Court”) recently upheld a $23.7 million make-whole payment (the “Make-Whole Payment”) in In re School Specialty (Case No. 13-10125), denying the assertion by the Official Committee of Unsecured Creditors (the “Committee”) that the fee is unenforceable under the United States Bankruptcy Code and applicable state law. [read post]
27 Jun 2013, 7:02 am
For example, Delaware will recognize same-sex marriages starting on July 1, 2013. [read post]
26 Jun 2013, 12:32 pm by davidharrisauthor
”  She was in Delaware to discuss the state’s re-entry programs  and other initiatives to reduce recidivism, and few would disagree that those important programs need scientific and statistical support. [read post]
26 Jun 2013, 12:32 pm by davidharrisauthor
”  She was in Delaware to discuss the state’s re-entry programs  and other initiatives to reduce recidivism, and few would disagree that those important programs need scientific and statistical support. [read post]
The Court emphasized, however, that stockholder-plaintiffs retain the ability to challenge the enforcement of such a bylaw in a particular case, either under the reasonableness standard adopted by the Supreme Court of the United States in The Bremen v. [read post]
26 Jun 2013, 8:00 am by Daniel E. Cummins
Hayes and State Farm, November Term, 2010 No.: 03227 (C.P. [read post]
26 Jun 2013, 4:06 am by Broc Romanek
If the decision is upheld on appeal, we can expect to see more public companies adopt forum selection bylaws providing for intra-corporate disputes to be litigated exclusively in the Court of Chancery (or any state or federal court located in Delaware). [read post]
25 Jun 2013, 4:49 pm by Kevin LaCroix
  Because companies incorporated in one state often have their principal place of business in other states, and operations and shareholders in many other states, a corporate event or dispute can result in litigation involving a company can result in litigation in many different jurisdictions. [read post]
25 Jun 2013, 9:43 am
Notably, the proposal stated, among other things: We will not move forward with the transaction unless it is approved by . . . a special [independent] committee. [read post]
25 Jun 2013, 9:19 am by CorporateAcquisitions MergerLawBlogger
The big issue will be whether courts of other states agree with Delaware's interpretation and enforce forum selection bylaws adopted by a... [read post]
24 Jun 2013, 10:00 am
Only ten states allow courts to demand an accounting of expenses and spending of child support money received in ten states (Colorado, Delaware, Florida, Indiana, Louisiana, Missouri, Nebraska, Oklahoma, Oregon and Washington). [read post]
24 Jun 2013, 6:57 am by Joy Waltemath
On Wednesday, June 19, Delaware Governor Jack Markell signed into law what can only be described as comprehensive legislation guaranteeing equal rights to transgender individuals living in the state. [read post]
23 Jun 2013, 7:00 pm by Stephen Bilkis
In another case, the Supreme Court found that the single Delaware statute also created the crime of burglary by either breaking or entering or merely entering. [read post]
23 Jun 2013, 8:30 am
Procedure for the filing and prosecution of estate claims differs widely from state to state. [read post]
21 Jun 2013, 11:41 am by Gene Quinn
 in the United States District Court for the District of Delaware. [read post]
21 Jun 2013, 7:15 am
Researchers from the University of Florida College of Medicine in Gainesville analyzed information culled from the youth Risk Behavior Survey for Michigan, Montana, Delaware and Rhode Island over the course of eight years. [read post]
20 Jun 2013, 12:24 am by News Desk
Delaware currently prohibits such sales and state executives want to keep it that way. [read post]
19 Jun 2013, 1:30 pm by Beth Graham
  In Arbitration and the Future of Delaware’s Corporate Law Franchise, Cardozo Journal of Conflict Resolution, Vol. 14:829, Professor Quinn argues the Delaware Arbitration Program could threaten the state’s role as a desirable venue for the resolution of corporate disputes. [read post]