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4 Jan 2018, 6:02 am
Bodurian, and Paige Lager, and is part of the Delaware law series; links to other posts in the series are available here. [read post]
3 Jan 2018, 9:01 pm
Only after 2002 did states like Delaware and Minnesota take the large steps forward to eliminate both civil and criminal SOLs and to revive expired civil SOLs. [read post]
3 Jan 2018, 2:21 pm
Dec. 13, 2017), the Delaware Supreme Court limited the ability of directors to assert the stockholder ratification defense when facing a challenge to their implementation of equity incentive plans (“EIP”). [read post]
3 Jan 2018, 11:07 am
Last month, the Delaware Supreme Court again highlighted that difficulty. [read post]
3 Jan 2018, 5:57 am
From Norfolk to the Maryland and Delaware beaches, including much of the southern half of the Delmarva Peninsula, 3 to 6 inches of heavy snow are predicted.... [read post]
2 Jan 2018, 5:08 pm
However, other courts have declined to follow the Delaware courts’ lead. [read post]
2 Jan 2018, 12:26 pm
Francis Pileggi has released his 13th annual list of the most important Delaware corporate law decisions for the preceding year. [read post]
2 Jan 2018, 7:48 am
Delaware: The Delaware estate tax has been repealed effective January 1, thanks to legislation signed last year implementing a recommendation of a state advisory committee. [read post]
2 Jan 2018, 3:03 am
Estate of Calderwood v ACE Group International LLC, __ AD3d __, 2017 NY Slip Op 08750 [1st Dept Dec. 14, 2017], involving a Delaware LLC in which the court held that the operating agreement’s provisions limiting the rights of the deceased member’s estate precluded the estate’s claim to full membership rights under Delaware statutory law. [read post]
1 Jan 2018, 2:46 pm
As I have noted elsewhere, due to the Delaware courts’ hostility to merger objection suits and the disclosure only settlements by which these cases often are resolved, cases that in the past that would have been filed in state court (particularly in Delaware) are now being filed in federal court. [read post]
31 Dec 2017, 5:25 pm
This is the 13th year that I have created an annual list of the key corporate and commercial decisions of the Delaware Supreme Court and the Delaware Court of Chancery. [read post]
31 Dec 2017, 5:12 pm
CFPB, federal-enforcement-actions, National-Collegiate-Student-Loan-Trusts, Transworld-System-Inc – posted on 11/16/17Trust spat in Delaware Verbatim: CFPB's Opposition to Intervention of Interested Non-parties who want to block Consent Judgment between the Bureau and the National Collegiate Student Loan Trusts federal-enforcement-actions, National-Collegiate-Student-Loan-Trusts, private-student-loans, Transworld-System-Inc – posted on 11/15/17Thornhill v Walden Univ. [read post]
31 Dec 2017, 5:12 pm
FILED UNDER: CFPB, federal-enforcement-actions, National-Collegiate-Student-Loan-Trusts, Transworld-System-Inc – posted on 11/16/17Trust spat in Delaware Verbatim: CFPB's Opposition to Intervention of Interested Non-parties who want to block Consent Judgment between the Bureau and the National Collegiate Student Loan Trusts. [read post]
31 Dec 2017, 2:47 pm
Masonic Home of Delaware, Inc., 447 F.Supp.1346, 1353 (D.Del.1978), aff'd, 591 F.2d 1334 (3d Cir.1979) (gender-based hiring permitted for nurses in retirement home). [read post]
29 Dec 2017, 8:32 am
In the meantime, investors should consider their options; If the SEC and multiple state securities regulators are correct, that the Woodbridge Group sold unregistered securities through misrepresentations, then investors may have a remedy they can pursue while the bankruptcy proceedings unfold in Delaware. [read post]
29 Dec 2017, 7:51 am
On December 29, 2017, Life Settlement Absolute Return I LLC along with Senior LS Holdings, LLC filed petitions for relief under Chapter 11 in the Bankruptcy Court for the District of Delaware. [read post]
29 Dec 2017, 6:01 am
Barshay, Paul, Weiss, Rifkind, Wharton & Garrison LLP, on Thursday, December 28, 2017 Tags: Boards of Directors, Contracts, Delaware cases, Delaware law, Institutional Investors, Proxy contests, Settlements, Shareholder activism, Shareholder voting [read post]
28 Dec 2017, 7:31 pm
For example, in Monroy, Plaintiff was acknowledged to be a resident of Florida and Defendant Shutterfly was acknowledged to be a Delaware Corporation – but the allegations of the Complaint were that Plaintiff’s friend, located in Illinois, uploaded his photo to Shutterfly’s servers triggering the alleged biometric violation. [read post]
28 Dec 2017, 7:31 pm
For example, in Monroy, Plaintiff was acknowledged to be a resident of Florida and Defendant Shutterfly was acknowledged to be a Delaware Corporation – but the allegations of the Complaint were that Plaintiff’s friend, located in Illinois, uploaded his photo to Shutterfly’s servers triggering the alleged biometric violation. [read post]
28 Dec 2017, 4:28 pm
The Court of Appeal, following the rule enunciated by the Delaware Supreme Court in Braddock v. [read post]
