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4 Apr 2024, 6:31 am
This increased concentration on corporate records has manifested itself in important ways in litigation in the Delaware Court of Chancery and the Delaware Supreme Court, such as: (more…) [read post]
3 Apr 2024, 5:00 am
COMPLAINT WASN’T LEFT WITH AN AUTHORIZED INDIVIDUAL OR SECRETARY OF STATEAfter the New York County Supreme Court denied Palms Salon motion to dismiss the case brought against it for "lack of jurisdiction," the company appealed.And on its review of the record, the Appellate Division, First Department noted that the defendant had properly preserved the objection in its answer, and that the court below had committed reversible error by not entertaining the… [read post]
The Delaware Supreme Court has held that Delaware corporations and their insured officers and directors should be able to get the benefit of Delaware law applying in coverage disputes. [read post]
30 Mar 2024, 6:00 am by Lawrence Solum
UIP Cos., Inc., the Delaware Supreme Court narrowed deference to boards of directors, proclaimed a new standard of judicial review, and then seemingly retracted it. [read post]
29 Mar 2024, 6:30 am
Supreme Court The SEC’s Proposed Safeguarding Rule Will Cost Investors Posted by R.J. [read post]
29 Mar 2024, 6:30 am
Supreme Court The SEC’s Proposed Safeguarding Rule Will Cost Investors Posted by R.J. [read post]
27 Mar 2024, 3:00 am by John Jenkins
.; 3/24) the Delaware Supreme Court overruled the Chancery Court and held that allegations of undisclosed conflicts of interest involving a special committee’s legal and financial advisors were sufficient to deny the defendants’ motion to dismiss breach of fiduciary duty claims. [read post]
26 Mar 2024, 8:55 am by Lawrence Solum
UIP Cos., Inc., the Delaware Supreme Court narrowed deference to boards of directors, proclaimed a new standard of judicial review, and then seemingly retracted it. [read post]
26 Mar 2024, 5:59 am by Unknown
By Anne Sherry, J.D.The Delaware Supreme Court, sitting en banc, restored a challenge to a squeeze-out merger. [read post]
24 Mar 2024, 5:30 am by Kevin LaCroix
In a January 2024 decision, the Delaware Supreme Court affirmed the lower court’s decision that officer exculpation amendments generally do not require a separate class vote of shareholders. [read post]
13 Mar 2024, 9:05 pm by renholding
The chapter also considers what is perhaps the most significant innovation in corporate law since the enabling statute: the Delaware Supreme Court’s development of a special standard of review applicable to antitakeover devices under Unocal and sales of control under Revlon. [read post]
13 Mar 2024, 12:47 pm by Steve Bainbridge
The chapter then considers the Delaware business judgment rule, with its distinction between the standard of conduct and the standard of review, and the Delaware Supreme Court’s development of a special standard of review applicable to antitakeover devices under Unocal and sales of control under Revlon. [read post]
8 Mar 2024, 6:02 pm
She scheduled treatments to have that second child, but the Alabama Supreme Court shut down IVF treatments across the state, unleashed by a Supreme Court decision overturning Roe v. [read post]
4 Mar 2024, 11:48 pm by Mary Anne Peck
Supreme Court heard oral arguments in two cases challenging laws passed in Florida (SB 7072) and Texas (HB 20) in 2021 aimed at preventing what supporters of the laws contend is censorship of conservative viewpoints on social media. [read post]
3 Mar 2024, 9:01 pm by renholding
  Absent a pending intervention by the Delaware Supreme Court, leaving Delaware, while not impossible, may prove costly. [read post]
3 Mar 2024, 6:30 pm by Unknown
He then clerked for Chief Justice Bell of the Pennsylvania Supreme Court, practice law, and was a sportsman with championships in lawn tennis, court tennis, and golf. [read post]
28 Feb 2024, 11:15 pm by Patrick Bracher (ZA)
[Zurich American Insurance Co. v Syngenta Crop Protection LLC, case no 135,2023 in the Supreme Court of the State of Delaware (February 26, 2024)] [read post]