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While the proposed 2015 amendments to the Delaware General Corporation Law, if adopted, would themselves invalidate fee-shifting provisions in corporate charters and bylaws, Delaware corporations should consider the implications of this opinion’s holding that former stockholders are not bound by bylaws (or, by implication, charter provisions) adopted after their interests as stockholders cease to exist. [read post]
My article, Standing at the Singularity of the Effective Time: Reconfiguring Delaware’s Law of Standing Following Mergers and Acquisitions, examines the doctrine of standing as applied to mergers and acquisitions of Delaware corporations with pending derivative claims. [read post]
3 Apr 2015, 10:13 am by John Jascob
The written agreement must also provide that it will be governed by the laws of Delaware, and must include an express reference to the “Delaware Rapid Arbitration Act. [read post]
25 Apr 2011, 1:18 pm by Ashby Jones
In what the Delaware News-Journal is calling a “surprise announcement,” Chancellor William B. [read post]
23 Mar 2017, 8:11 am by IncNow
The personal assets of company owners are protected under Delaware’s strong and well-proven asset protection shield, which applies to both Delaware corporations and Delaware LLCs. [read post]
5 May 2023, 11:22 am by Daily Record Staff
The Delaware-based company has signed a lease with Baltimore-based St. [read post]
13 Oct 2015, 3:03 am by Walter Olson
Punkin Chunkin, a ballistic pumpkin-launching event, had developed into a beloved Delaware event until a 2013 accident where an ATV overturned on a farmer’s field, leading to an injury claim. [read post]
20 Nov 2017, 6:02 am by Associated Press
A popular Delaware beach town has voted to double its tax on residential rentals. [read post]
16 May 2019, 7:49 pm by Ryan J. Farrick
The attorney general's investigation is another bad sign for Delaware's beleaguered prisons. [read post]
18 May 2022, 1:45 pm
On May 10, 2022, Governor John Carney signed into law the Healthy Delaware Families Act, adding Delaware to an expanding list of jurisdictions with a paid family and/or medical leave (PFML) requirement.1  The law creates a statewide paid family and medical leave insurance program funded through employer and employee contributions. [read post]
12 Dec 2023, 10:00 pm
The decision will potentially have far-reaching consequences for all Delaware corporations that have a controlling stockholder. [read post]
6 Jul 2015, 7:25 am by Morse, Barnes-Brown Pendleton
By Joe Marrow As expected, on June 24, 2015, Delaware Governor Jack Markell signed into law legislation amending the Delaware General Corporation Law (DGCL) that will (1) prohibit “fee shifting” provisions in corporate “charter documents” (certificate of incorporation and by-laws) and (2) permit the use of forum selection clauses in charter documents. [read post]
10 May 2017, 10:31 am by Akira Tomlinson
The Delaware House of Representatives [official website] passed a bill [text] on Tuesday that would reinstate the death penalty. [read post]
12 Dec 2023, 10:00 pm
The decision will potentially have far-reaching consequences for all Delaware corporations that have a controlling stockholder. [read post]
15 Jun 2015, 3:59 am by Broc Romanek
Here’s news from the Delaware Law Weekly (also see this memo): The state House of Representatives on Thursday unanimously approved SB 75, the annual package of amendments to the Delaware General Corporation Law, which included a measure that would prevent stock corporations from enacting bylaws that impose attorney fees and costs on plaintiffs who lose […] [read post]
3 Jul 2019, 7:59 am by Associated Press
Delaware health officials are warning beachgoers they’ve found higher-than-normal levels of bacteria at Seashore State Park beach. [read post]
8 Jun 2017, 5:17 am by Autumn Callan
Under Delaware's current laws [AP report] abortions are only permitted if the mother's health is... [read post]