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17 Aug 2023, 6:31 am
In this post, we: Examine a major Ninth Circuit decision affirming dismissal of a Section 14(a) derivative action based on a forum-selection clause; Highlight the Third Circuit’s adoption of the Omnicare standard for securities fraud claims; Consider a Delaware Court of Chancery post-trial opinion holding in favor of a buyer who walked away from a merger based on a minor breach of representations and warranties; Review the steady pace of filings in cryptocurrency securities… [read post]
17 Aug 2023, 6:31 am
In this post, we: Examine a major Ninth Circuit decision affirming dismissal of a Section 14(a) derivative action based on a forum-selection clause; Highlight the Third Circuit’s adoption of the Omnicare standard for securities fraud claims; Consider a Delaware Court of Chancery post-trial opinion holding in favor of a buyer who walked away from a merger based on a minor breach of representations and warranties; Review the steady pace of filings in cryptocurrency securities… [read post]
16 Aug 2023, 10:51 pm
A trooper from the Delaware State Police showed up and assisted the officer, but the man still reportedly refused to get out of the vehicle, and he allegedly tried to drive away. [read post]
16 Aug 2023, 9:04 pm
., Delaware, Florida, Illinois, Massachusetts, Maryland, Michigan, Minnesota, North Carolina, New Hampshire, New Jersey, New York, Ohio, Oregon, Pennsylvania, Virginia and West Virginia. [read post]
16 Aug 2023, 6:31 am
Hamermesh is an Emeritus Professor at Widener University Delaware Law School. [read post]
16 Aug 2023, 6:31 am
Hamermesh is an Emeritus Professor at Widener University Delaware Law School. [read post]
16 Aug 2023, 3:28 am
Bray, the Chief United States Probation Officer for the District of Delaware, never signed off on the agreement. [read post]
15 Aug 2023, 9:01 pm
On Monday, the Delaware Chancery Court issued a post-trial decision in HBK Master Fund LP v. [read post]
15 Aug 2023, 10:46 am
In an interesting August 10, 2023, opinion, Delaware Superior Court Judge Sheldon K. [read post]
15 Aug 2023, 6:30 am
This post is based on their Dechert memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
15 Aug 2023, 6:30 am
This post is based on their Dechert memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
15 Aug 2023, 5:56 am
By Anne Sherry, J.D.The Delaware Court of Chancery approved a settlement between AMC and a class of common stockholders. [read post]
15 Aug 2023, 4:50 am
Delaware and New York, which are states that are often seen as models for business law, say nothing about when a member is entitled to receive a distribution from an operating limited liability company, except to refer to the requirements of the operating agreements and to require, if there is no operating agreement, that the amounts be in proportion to the capital contributed. [read post]
14 Aug 2023, 9:15 pm
The governor of Delaware signed those amendments into law on July 17th, and, with a few exceptions, they will be effective August 1st. [read post]
14 Aug 2023, 12:29 pm
Vercammen gained other legal experiences as the Confidential Law Clerk to the Court of Appeals of Maryland (Supreme Court), with the Delaware County, PA District Attorney Office handling Probable Cause Hearings, Middlesex County Probation Dept as a Probation Officer, and an Executive Assistant to Scranton District Magistrate, Thomas Hart, in Scranton, PA.Kenneth Vercammen Law Office, 2053 Woodbridge Ave.Edison, NJ 08817(732) 572-0500 [read post]
14 Aug 2023, 6:43 am
It is worthing emphasizing, as was underscored in the recent Delaware decision involving Disney (discussed here), that while boards may be questioned about their actions, boards that follow careful procedures and keep their focus on what is the best interests of their companies and of their shareholders can both withstand scrutiny and escape liability. [read post]
14 Aug 2023, 6:30 am
This post is based on their Cleary memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
14 Aug 2023, 6:30 am
This post is based on their Cleary memorandum and is part of the Delaware law series; links to other posts in the series are available here. [read post]
14 Aug 2023, 2:14 am
” According to the Department of Justice (DOJ) and Garland, Weiss has been involved in investigations related to Biden’s case since 2019 in his previous capacity as US Attorney for the District of Delaware. [read post]
14 Aug 2023, 1:57 am
DOMESTIC DEVELOPMENTS – HUNTER BIDEN Attorney General Merrick Garland gave David Weiss, the Trump-appointed U.S. attorney for Delaware leading the investigation into Hunter Biden, special counsel status. [read post]
