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9 May 2024, 2:00 pm
Update 5/9/2024: We received a report of another scam. [read post]
9 May 2024, 12:15 am
The Delaware statute refers to directors and officers. [read post]
8 May 2024, 8:05 pm
There's no Third Circuit opinion on this issue that binds the Delaware bankruptcy court, but other Delaware bankruptcy judges have previously held in Washington Mutual, Energy Futures Holding, and Hertz that the "legal rate" is the federal judgment rate. [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, 12:20 pm
It’s important to note, as per Illinois choice of law rules, that the pre-suit demand requirement is governed by the law of Delaware in the case of corporations incorporated there (Wells v. [read post]
8 May 2024, 7:52 am
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 Delaware General Corporation Law also has separate statutes governing domestication. [read post]
7 May 2024, 9:01 pm
For decades, advocates of “shareholder primacy” as the North Star of corporate governance have steered our leading corporations and our Nation’s economic engine perilously off-course. [read post]
7 May 2024, 10:47 am
On April 26, 2024, Ctrl Alt Destroy, Inc. [read post]
7 May 2024, 10:01 am
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]
7 May 2024, 8:12 am
The sugar producers insist the cases should go to the District of Delaware and, specifically, U.S. [read post]
7 May 2024, 6:31 am
Hamermesh is an Emeritus Professor at Widener University Delaware Law School. [read post]
7 May 2024, 6:31 am
Hamermesh is an Emeritus Professor at Widener University Delaware Law School. [read post]
7 May 2024, 4:06 am
University of Delaware) to Delaware’s Chancery Court. [read post]
6 May 2024, 2:34 pm
In SnapRays, LDG, a Delaware Limited Liability Company located in Arizona, owned U.S. [read post]
6 May 2024, 10:27 am
” Delaware also has well developed case law; Delaware’s extensive and decades-old case law “provides guidance to corporate actors in an array of situations”; no state “comes close to Delaware in the depth and breadth of corporate case law, and Delaware’s cases are routinely cited by courts in every state. [read post]
6 May 2024, 8:05 am
The Daily Record won 13 awards from the Maryland-Delaware-D.C. [read post]
6 May 2024, 3:32 am
As Delaware Vice Chancellor Slights colorfully remarked in In re PetSmart, Inc., “Garbage In; Garbage Out” (CV 10782-VCS, 2017 WL 2303599, at *32 [Del Ch May 26, 2017]; Ramcell, Inc. v Alltel Corp., 2019-0601-PAF, 2022 WL 16549259, at *11 (Del Ch Oct. 31, 2022) (“Without a reliable estimate of cash flows, a DCF analysis is simply a guess. [read post]
