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16 May 2024, 1:01 pm by Matthew Dochnal
The State of Delaware requires every registered LLC to pay a flat fee of $300 each year to remain in good standing, regardless of business activity. [read post]
16 May 2024, 6:31 am
Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware. [read post]
16 May 2024, 6:31 am
Wachter Distinguished Fellow at the University of Pennsylvania Carey Law School; Senior Fellow, Harvard Program on Corporate Governance; Of Counsel, Wachtell, Lipton, Rosen & Katz; and former Chief Justice and Chancellor, the State of Delaware. [read post]
16 May 2024, 12:15 am
Thus, I was doubly surprised to come across the following provision in the articles of incorporation of a corporation that had recently converted from a Delaware corporation to a Nevada corporation: Unless the Corporation consents in writing to the selection of an alternative forum, the Court of Chancery in the State of Delaware shall, to the fullest extent permitted by law, be the sole and exclusive forum for (i) any derivative action or proceeding brought on behalf… [read post]
15 May 2024, 12:32 pm by Matthew Dochnal
  The Delaware Secretary of State’s office issues a Certificate of Good Standing. [read post]
15 May 2024, 4:51 am by Beatrice Yahia
Secretary of State Antony Blinken that Kyiv urgently needs more air defenses. [read post]
13 May 2024, 6:41 am by Dan Bressler
” “Delaware Supreme Court Holds MFW Inapplicable Based on Banker Conflict Disclosure Deficiencies” — “The Delaware Supreme Court has reversed a Court of Chancery decision dismissing challenges to the acquisition of Inovalon Holdings, Inc. by a consortium led by Swedish private equity firm Nordic Capital in a decision demonstrating the importance of disclosure of financial advisor conflicts in order to obtain the benefit of business judgment rule review… [read post]
10 May 2024, 12:30 pm by Matthew Dochnal
Since most people who form Delaware LLCs reside outside of Delaware, the state mandates hiring a local Registered Agent. [read post]
10 May 2024, 6:45 am by Evangelina Cantu
Another group of states and other parties intervened in support of the waiver authority. [read post]
9 May 2024, 2:00 pm by Joanna Herzik
One targeted attorney received an email that states,”Hi, I work with MCJ ASSETS, LLC. [read post]
8 May 2024, 6:30 pm
 The Defence Horizon Journal has recently published a series of quite remarkable essays around the theme "aspects of cognitive superiority"--an issue at the heart of modern warfare--as the recent  coherent eruptions on US campuses and elsewhere evidence quite brilliantly: Aspects of Cognitive Superiority: Shaping Beliefs and Behaviours (26 April 2024; free download HERE). [read post]
8 May 2024, 7:52 am by Unknown
In the states, the Delaware Supreme Court held that the presence of one conflicted committee member precluded MFW cleansing of a controller-led spinoff.Read the rest of the story and other securities news from Wolters Kluwer at VitalLaw.com. [read post]
8 May 2024, 6:28 am
The Reliance on Delaware Compared to Other States The sheer number of entities formed in Delaware reflects its dominance in this area. [read post]
8 May 2024, 6:28 am
The Reliance on Delaware Compared to Other States The sheer number of entities formed in Delaware reflects its dominance in this area. [read post]
8 May 2024, 12:15 am
  The Form 8-K filed by this company included the following statement: If the Plan of Conversion is approved by the Company’s stockholders, the Conversion will take effect upon the filing of a certificate of conversion with the State of Delaware and articles of domestication with the State of Nevada. [read post]
7 May 2024, 9:01 pm by renholding
 Echoing that concern, The Financial Times’ Rana Foroohar regularly implores policymakers and business leaders to beware “the perils of short-term financial market pressures” confronting the United States, warning in particular about a looming transport-and-logistics “crisis moment” due to the dramatic contraction in the American shipbuilding industry over the past several decades. [read post]
Other States’ Cannabis/Labor Peace Agreement Requirements California is not the only state that has imposed such requirements on cannabis businesses in order to obtain licensure to engage in commercial cannabis activity, as N [read post]
7 May 2024, 10:01 am by Unknown
It also aligns the federal-court standard within the circuit with the standard adopted by the supreme courts of two of its constituent states (Delaware and New Jersey). [read post]