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Chancery Addresses Disputes Among Members of Related Alternative Entities
27 May 2024, 8:32 am by Francis Pileggi
A recent Delaware Court of Chancery decision addressed many Delaware legal precepts of importance in connection with claims by members in a web of related alternative entities, that have broad application for those involved in commercial and business litigation. [read post]
Delaware Corporate and Commercial Litigation Blog - http://www.delawarelitigation.com/
The Effect of Immigration Status on Car Accident Claims
27 May 2024, 8:21 am by Jonathan Rosenfeld
  Many states, including California, Colorado, Connecticut, Delaware, Hawaii, Illinois, Maryland, Massachusetts, Minnesota, Nevada, New Jersey, New Mexico, New York, Oregon, Rhode Island, Utah, Vermont, Virginia and Washington, offer drivers’ licenses to undocumented drivers [1]. [read post]
Rosenfeld Injury Lawyers - https://www.rosenfeldinjurylawyers.com/news/
What is the value of the corporate charter, a reprise
24 May 2024, 9:31 am by Ann Lipton
I previously posted about the proposed changes to Delaware law, the latest version of which would allow shareholder agreements insofar as they don’t go further than what a charter – including a preferred share issuance – could allow (except for... [read post]
Business Law Prof Blog - https://lawprofessors.typepad.com/business_law/
Raz on the Original Meaning of Equity
24 May 2024, 8:55 am by Lawrence Solum
On the other, state courts—most prominently, in Delaware—administer equity to preserve the correct operation of law in unforeseeable situations (substantive equity). [read post]
Legal Theory Blog - https://lsolum.typepad.com/legaltheory/
FRIDAY CHATTER
24 May 2024, 8:28 am
Jack Stollsteimer, the Delaware County district attorney, moved to dismiss the charges posthumously, acknowledging yet another example of a Black person being wrongfully convicted of a crime they hadn’t committed.On Friday, Alexander’s family filed a federal lawsuit in the District Court for the Eastern District of Pennsylvania against Delaware County, as well as the estates of the detectives and prosecutors on the case, calling their conduct “outrageous,… [read post]
Justice Building Blog - http://justicebuilding.blogspot.com/
Weekly Roundup: May 17-23, 2024
24 May 2024, 6:30 am
Day, Skadden, Arps, Slate, Meagher & Flom LLP, on Sunday, May 19, 2024 Tags: delaware, Delaware courts, Delaware law, disclosures, stockholder approvals, stockholder voting 2024 Caremark Developments: Has the Court’s Approach Shifted? [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
Weekly Roundup: May 17-23, 2024
24 May 2024, 6:30 am
Day, Skadden, Arps, Slate, Meagher & Flom LLP, on Sunday, May 19, 2024 Tags: delaware, Delaware courts, Delaware law, disclosures, stockholder approvals, stockholder voting 2024 Caremark Developments: Has the Court’s Approach Shifted? [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Lost-Premium Damages under Merger Agreement – Proposed Amendment to the DGCL in Light of Crispo vs. Musk
23 May 2024, 2:52 pm by John Hempill and Karl Buhler
On March 28, 2024, the Council of the Corporation Law Section of the Delaware State Bar Association (“DSBA”) issued proposed amendments to the Delaware General Corporation Law (“DGCL”), which, if signed into law, would become effective on August 1, 2024. [read post]
Corporate Securities Law Blog - http://www.corporatesecuritieslawblog.com/
Report on the Investigation Into Unauthorized Classified Documents Discovered at Various Locations Related to President Joseph Biden
23 May 2024, 11:33 am by David Badertscher
This posting includes an excerpt from the Report on the Investigation Into Unauthorized Removal, Retention, and Disclosure of Classified Documents Discovered at Locations Including the Penn Biden Center and the Delaware Private Residence of President Joseph R. [read post]
Criminal Law Library Blog - http://www.criminallawlibraryblog.com/
No Disqualification Under Lawyer As Witness Rule
23 May 2024, 10:00 am by Legal Profession Prof
The Delaware Court of Chancery has denied a disqualification motion Brex seeks to disqualify Su’s trial counsel under Rule 3.7(a) of the Delaware Lawyers’ Rules of Professional Conduct (the “DLRPC”). [read post]
Legal Profession Blog - https://lawprofessors.typepad.com/legal_profession/
3 Questions and 3 Pieces of Advice: In a Hot M&A Market, Is Now the Time to Sell Your Business?
23 May 2024, 5:30 am by Michael Mercurio, Esq.
Our twelve offices serve individual and corporate clients in the Virginia, Washington, DC, Maryland, Delaware, Pennsylvania, New Jersey, and New York City regions. [read post]
New Jersey Property Management Blog - https://www.offitkurman.com/resources/legal-blog/
SpaceX Leaves Delaware; Should Others Follow?
22 May 2024, 2:50 pm by Dillon Reid
Should companies relocate from Delaware? [read post]
Strictly Business - http://www.strictlybusinesslawblog.com/
Chancery Subjects Reincorporation to Entire Fairness, Delaware Supreme Court Says Not So Fast
22 May 2024, 6:30 am
The Delaware Court of Chancery issued an order in Palkon v. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Chancery Subjects Reincorporation to Entire Fairness, Delaware Supreme Court Says Not So Fast
22 May 2024, 6:30 am
The Delaware Court of Chancery issued an order in Palkon v. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
Chancery Finds Egregious Conduct in Books and Records Action Justifying Fee-Shifting Against Corporation
22 May 2024, 6:00 am by R. Eric Hacker, Joseph C. Leonard, K. Tyler O'Connell
Jan. 26, 2024)Under the “bad faith” exception to the American Rule, Delaware courts will consider shifting fees when aggressive litigation strategies amount to “glaringly egregious” conduct. [read post]
Delaware Business Litigation Report - https://www.morrisjames.com/blogs-Delaware-Business-Litigation-Report
Tesla shareholder group opposes Musk’s $46B pay, slams board “dysfunction”
21 May 2024, 11:46 am by Jon Brodkin
After a lawsuit filed by a shareholder, Delaware Court of Chancery Judge Kathaleen McCormick ruled that the pay plan was unfair to Tesla shareholders and must be rescinded.Read 18 remaining paragraphs | Comments [read post]
Law & Disorder - http://arstechnica.com/tech-policy/
Risk, AML & Conflicts Drama — Tesla Conflicts Threat, Crypto Clash Continues, Russian Litigation Funding Alleged in UK
21 May 2024, 6:51 am by Dan Bressler
Elson’s proposed brief argues that Delaware law does not permit the ‘unprecedented’ maneuver of undoing a Chancery Court judgment through a shareholder vote. [read post]
Bressler Risk Blog - http://www.bresslerriskblog.com
The Perils of Governance by Stockholder Agreements
21 May 2024, 6:32 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu
The Perils of Governance by Stockholder Agreements
21 May 2024, 6:32 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
The Harvard Law School Corporate Governance Blog - https://corpgov.law.harvard.edu/
Proposed DGCL § 122(18), Long-term Investors, and the Hollowing Out of DGCL § 141(a)
21 May 2024, 6:31 am
This post is part of the Delaware law series; links to other posts in the series are available here. [read post]
Harvard Law School Forum on Corporate Governance - https://corpgov.law.harvard.edu