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30 May 2018, 4:47 pm
The post Chancery Addresses Contractually-Defined Fiduciary Duty in LLC Agreement appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
30 May 2018, 3:13 pm
From yesterday's Delaware Supreme Court decision in Everett v. [read post]
30 May 2018, 5:01 am
In that commercial, a vendor characterized sales as “tax free” because the vendor is in Delaware, a state without a sales tax, but the vendor failed to point out that the out-of-state customer faced a use tax in the customer’s state.In trying to find the identity of the vendor in the television commercial, I discovered that the vendor was not the only one using the “Axe the Tax” slogan. [read post]
30 May 2018, 5:00 am
This week we will highlight; Connecticut, Delaware and District of Columbia (D.C.)! [read post]
30 May 2018, 4:14 am
Shawe’s allegations that the attorney defendants deceptively backdated a retainer agreement primarily relates to privilege assertions in the Delaware action, and not in New York, and, as such, is not actionable under § 487 (see Doscher v Manatt, Phelps & Phillips, LLP, 148 AD3d 523, 524 [1st Dept 2017]). [read post]
29 May 2018, 1:58 pm
[ii] These states include, but are not limited to Arizona, Delaware, Illinois, Iowa, Maryland, Nebraska, New Mexico, North Carolina, Oregon, South Dakota, Wisconsin, and Wyoming. [read post]
29 May 2018, 12:37 pm
The Supreme Court of Delaware just issued a contracts law case suitable for teaching purposes in relation to several different issues including contract formation, the parol evidence rule and forum selection clauses. [read post]
29 May 2018, 10:18 am
Delaware: In late 2017, a legislative task force was formed in order to analyze the impact marijuana use has on state residents from a recreational standpoint. [read post]
29 May 2018, 9:45 am
A similar outcome was reached in Delaware when its Industrial Accident Board found an employer liable for $22,000 in medical marijuana dispensary costs. [read post]
28 May 2018, 7:05 pm
The Delaware Supreme Court recently clarifies for the first time the test to be used in Delaware to determine whether a contract’s terms are sufficiently definite to create an enforceable contract. [read post]
28 May 2018, 9:06 am
The post Rule 12(b)(6) Motion to Dismiss Standards Clarified appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
27 May 2018, 6:41 am
The following is a brief summary of some of the more significant proposed amendments that affect Delaware limited liability companies (Delaware LLCs) and Delaware limited partnerships (Delaware LPs), including amendments (i) enabling a Delaware LLC to divide into two or more Delaware LLCs as a new permitted form of Delaware LLC reorganization, (ii) providing for the formation of statutory public benefit Delaware LLCs (Statutory… [read post]
26 May 2018, 6:46 am
And as we have noted in the past, advance notice bylaws are a near-universal feature of the organizational documents of public companies that Delaware courts have repeatedly upheld as “useful in permitting orderly shareholder meetings. [read post]
25 May 2018, 8:34 am
The District of Delaware is in theThird Circuit, which reviews a grant of summary judgmentde novo. [read post]
25 May 2018, 7:46 am
Bankruptcy Court for the District of Delaware (Case No. 17-12560-KJC) on December 4, 2017. [read post]
25 May 2018, 6:10 am
Chiu, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
25 May 2018, 6:10 am
Posted by Alberto Rossi (University of Maryland), on Sunday, May 20, 2018 Tags: Behavioral finance, Information asymmetries, Information environment, Oversight, Stock performance Cash Windfalls and Acquisitions Posted by Bastian von Beschwitz (Board of Governors of the Federal Reserve System), on Monday, May 21, 2018 Tags: Acquisitions, Agency costs, Cash flows, EU, Europe, Germany, International governance, Mergers… [read post]
25 May 2018, 4:30 am
First, the increasingly global reach of EU law may put it in the position to creating a “Delaware effect” or a “California effect”—the shift of companies and consumers toward or [read post]
24 May 2018, 1:38 pm
Meantime, three other ex-Wilmington Trust executives, including loan officer Peter Hayes, former vice president Joseph Terranova, and Delaware Market Officer Brian Bailey, pleaded guilty to the criminal charges against them. [read post]
24 May 2018, 10:42 am
Bankruptcy Court in the District of Delaware yesterday. [read post]
