Search for: "State of Delaware v. Wells."
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19 Mar 2023, 3:41 pm
Simeone v. [read post]
9 Mar 2023, 5:01 am
Co. v. [read post]
7 Mar 2023, 2:01 pm
” The business judgement rule “protects those decisions as well. [read post]
6 Mar 2023, 4:07 am
” When New York precedent is sparse I usually default to Delaware, but not this time since (a) Delaware does not have a minority shareholder oppression statute and (b) as Chancery Court noted some years ago in Quadrant Structured Products Co. v Vertin, “Delaware law does not recognize a claim for constructive dividends. [read post]
2 Mar 2023, 10:00 am
The decision will have far-reaching implications for creators, as well as some AI technology companies. [read post]
1 Mar 2023, 5:13 pm
” Brenman v. [read post]
27 Feb 2023, 4:34 am
What’s more, Section 608 is identical to Section 18-705 of the Delaware LLC Act, and Courts interpreting that provision have also held that upon the death of a member, the member’s estate becomes an “economic interest holder,” who lacks standing to prosecute derivative claims or to seek dissolution (see Estate of Calderwood v ACE Group Intl. [read post]
24 Feb 2023, 3:00 am
The Associated Press reports here that the lower courts are struggling to apply New York State Rifle & Pistol Association v. [read post]
22 Feb 2023, 9:05 pm
Williams Cos. v. [read post]
22 Feb 2023, 1:07 pm
As a point of context, it’s worth noting that many states already require disclosure or much more draconian regulation of litigation funders backing state court cases—for instance, some states require funds and funders to register, and some even require funding agreements to be disclosed with the state. [read post]
21 Feb 2023, 9:55 am
In a 1992 Supreme Court decision, Dawson v. [read post]
21 Feb 2023, 3:30 am
States’ approaches to income taxes vary in other details as well. [read post]
13 Feb 2023, 5:59 am
[v] The court also considered Delaware’s strong interest in providing a forum for disputes regarding the internal affairs of LLCs formed under its laws. [read post]
9 Feb 2023, 2:36 pm
See, e.g., Danbeck v. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
7 Feb 2023, 6:30 am
” Among others, VC Laster cited Caremark itself, the equating of officer duties with director duties in Gantler v. [read post]
6 Feb 2023, 9:01 pm
For example, in 2020, the Delaware Court of Chancery addressed both prongs of Caremark in the Teamsters v. [read post]
6 Feb 2023, 11:15 am
Sys. v. [read post]
4 Feb 2023, 5:26 pm
City of Huntington v. [read post]
2 Feb 2023, 9:05 pm
In Delman v. [read post]
