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9 Dec 2022, 6:34 am
There exists a longstanding notion, often cited by corporate executives and directors, that a corporation’s primary purpose is to maximize stockholder value.[1] In 2013, Delaware adopted a new subchapter of the Delaware General Corporation Law (“DGCL”) that allowed corporations to form as, or convert into, a public benefit corporation (“PBC”), a corporation that is expressly mandated to act not only in the best interests of its stockholders, but also… [read post]
17 Feb 2023, 6:30 am
Cunningham, Mayer Brown LLP, on Saturday, February 11, 2023 Tags: Delaware articles, Delaware law, ESG, Index funds, SEC, Shareholder Policy Activists Change management for the legal function Posted by Lori Lorenzo, Bob Taylor and Lee Merovitz, Deloitte LLP, on Sunday, February 12, 2023 Tags: CLOs, legal framework, Managmenet, Reorganizations, Sustainability, technology Trust, Transparency, and Complexity Posted by Robert C. [read post]
1 Apr 2019, 7:35 pm by Francis Pileggi
A recent Delaware Court of Chancery opinion is notable to the extent that it provides another example of how difficult it is to prevail on a claim for reformation of a contract. [read post]
15 Sep 2014, 5:30 pm by Lebowitz & Mzhen
Recently in Delaware, an accident involving two cement trucks and a passenger car injured two people. [read post]
16 Oct 2017, 7:48 am by Francis Pileggi
The post Chancery Orders Incorporation Provision in Books and Records Request appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
5 Aug 2012, 2:19 pm
Budget-Rent-A-Car is a Delaware company where the main offices are in Illinois. [read post]
17 Feb 2023, 6:30 am
Cunningham, Mayer Brown LLP, on Saturday, February 11, 2023 Tags: Delaware articles, Delaware law, ESG, Index funds, SEC, Shareholder Policy Activists Change management for the legal function Posted by Lori Lorenzo, Bob Taylor and Lee Merovitz, Deloitte LLP, on Sunday, February 12, 2023 Tags: CLOs, legal framework, Managmenet, Reorganizations, Sustainability, technology Trust, Transparency, and Complexity Posted by Robert C. [read post]
16 Oct 2017, 7:48 am by Francis Pileggi
The post Chancery Orders Incorporation Provision in Books and Records Request appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
2 May 2012, 12:26 pm by Eugene Volokh
(Eugene Volokh) The Wilmington News-Journal reports on a controversy at the University of Delaware involving what may or may not be an attack motivated by sexual orientation: A University of Delaware student charged with a hate crime [and battery] after allegedly shoving a gay student to the floor at a house party in Newark earlier this month insists that he has been “falsely accused. [read post]
20 Sep 2018, 7:33 pm by Francis Pileggi
  The post Few Court Filings Meet Confidentiality Requirements appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
23 Apr 2019, 4:27 pm by Francis Pileggi
A recent short ruling from the Delaware Court of Chancery examined one of the exceptions to the general rule that attorney-client privileged information is not subject to production. [read post]
19 Jan 2017, 8:18 pm by Francis Pileggi
” The post Chancery Upholds Pre-Suit Demand Refusal By Board appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
26 Jul 2022, 7:14 pm by Jean O'Grady
State Motion Metrics is available for four Delaware state courts, including the Delaware Court of Chancery. [read post]
1 Mar 2017, 3:43 am by Francis Pileggi
The post Chancery Appoints Section 226(a) Custodian appeared first on Delaware Corporate & Commercial Litigation Blog. [read post]
28 Sep 2009, 10:08 am
The companies previously filed a prepackaged bankrutpcy (also in Delaware) in February of 2008. [read post]