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24 Mar 2024, 5:30 am by Kevin LaCroix
Effective August 1, 2022, Section 102(b)(7) of the Delaware General Corporations Law (DGCL) was amended to permit Delaware corporations to adopt charter provisions exculpating officers, in order to provide officers with protection from liability for monetary damages similar to the protection available to directors. [read post]
18 Jun 2015, 9:04 am by Michael Smith
Sorting out the terms Incorporation as a benefit corporation and certification by B Lab are two different things, but, unfortunately, both benefit corporations and certified businesses are often called “B Corps. [read post]
17 May 2015, 10:13 am by Michelle N. Meyer
I have a new law review article out, Two Cheers for Corporate Experimentation: The A/B Illusion and the Virtues of Data-Driven Innovation, arising out of last year's terrific Silicon Flatirons annual tech/privacy conference at Colorado Law, the theme of which was "When Companies Study Their Customers. [read post]
8 Oct 2016, 11:37 am by Francis Pileggi
District Court for the District of Delaware observed in the context of denying a Rule 12(b)(6) motion that no cases were cited by the defendants to support the position that the BJR applied to officers (as compared to corporate directors). [read post]
7 Sep 2010, 11:24 am
LEXIS 146 (July 28, 2010) - "Appellant C.H. appeals from a final administrative agency decision by the Director of the New Jersey Division of Youth and Family Services (Division) finding that on November 20, 2003, appellant had committed an act of child abuse as defined by N.J.S.A. 9:6-8.21(c)(4)(b) by failing to exercise a minimum degree of care by unreasonably inflicting excessive corporal punishment upon her daughter, T.H. [read post]
2 Sep 2011, 7:41 am by Nonprofit Blogger
I previously blogged about the reported decision of CouchSurfing.org to because a "B" or "Benefit" corporation in order to receive significant investment funds. [read post]
22 Oct 2008, 2:40 pm
Seattle, WA (PRWEB) October 21, 2008 -- UnitedLex, global leader in legal consulting, technology and outsourcing, today announced at the Association of Corporate Counsel (ACC) 2008 Annual Meeting that it will utilize its $6 million in Series B funding secured in July to drive several corporate initiatives. [read post]
22 Nov 2006, 4:21 am
Dun and Bradstreet, now officially known as D&B, is the premier source for information about corporations and other businesses. [read post]
3 Aug 2009, 9:16 pm
"This reminds me of a rather curious problem I've been wondering about for a while.As I explained in my Corporation Law treatise: ... the Delaware supreme court held in Emerald Partners that a sec. 102(b)(7) provision is an affirmative defense. [read post]