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13 Apr 2024, 2:37 pm by Steve Bainbridge
Sullivan and Cromwell: Similar to recent Court of Chancery cases, including the Sears and TripAdvisor decisions, the Delaware Supreme Court’s decision continues a trend of reviewing controller transactions with significant skepticism, emphasizing the need for a careful process even where such conflicted controller transaction does not involve a freeze-out merger. [read post]
13 Apr 2024, 2:26 pm by Steve Bainbridge
Reading quickly, it appears the Delaware Supreme Court adopted similar reasoning: Admittedly, there is a tension in our law in these contexts. [read post]
13 Apr 2024, 11:27 am by Yosi Yahoudai
President Joe Biden cut short a weekend trip to his beach house in Delaware to return to the White House and monitor the situation in the Middle East, where Israel’s war on Hamas in the Gaza Strip has inflamed decade-old tensions. [read post]
13 Apr 2024, 10:30 am by Mike LaChance
Delaware is Repeatedly Vandalized first appeared on Le·gal In·sur·rec·tion. [read post]
13 Apr 2024, 2:59 am by jonathanturley
District Judge Maryellen Noreika has also rejected those claims in the gun case in Delaware, calling Hunter’s arguments “nonsensical. [read post]
12 Apr 2024, 8:20 am by ocgdev
Delaware is known for its perpetual trusts for personal property, though real property trusts are capped at 110 years. [read post]
12 Apr 2024, 6:30 am
Regner, Debevoise & Plimpton LLP, on Monday, April 8, 2024 Tags: Controller, controller transactions, delaware, Delaware Supreme Court, In re Match, MFW SEC Fines Two Investment Advisers for “AI Washing” Posted by David Blass, Meaghan Kelly, and Michael Osnato, Simpson Thacher & Bartlett LLP, on Tuesday, April 9, 2024 Tags: AI, Artificial intelligence, disclosures, Investment advisers, SEC CEO Compensation and Cash-Flow Shocks: Evidence from Changes in… [read post]
12 Apr 2024, 6:30 am
Regner, Debevoise & Plimpton LLP, on Monday, April 8, 2024 Tags: Controller, controller transactions, delaware, Delaware Supreme Court, In re Match, MFW SEC Fines Two Investment Advisers for “AI Washing” Posted by David Blass, Meaghan Kelly, and Michael Osnato, Simpson Thacher & Bartlett LLP, on Tuesday, April 9, 2024 Tags: AI, Artificial intelligence, disclosures, Investment advisers, SEC CEO Compensation and Cash-Flow Shocks: Evidence from Changes in… [read post]
11 Apr 2024, 10:35 pm by Yosi Yahoudai
Oregon’s residency requirement was rolled back in 2022 and Vermont’s ended last year, after successful federal lawsuits argued it was unconstitutional for states to deny the service to non-residents.While debates to legalize the bills are playing out in Kentucky, Delaware, Maryland and Iowa, among others, the advocacy organization Compassion & Choices is using the courts to try to remove residency requirements. [read post]
11 Apr 2024, 8:00 pm by Sabrina I. Pacifici
More specifically, it explores rates of police shootings in the states comprising the Regional Gun Violence Research Consortium (RGVRC)—Connecticut, Delaware, Massachusetts, New Jersey, New York, Pennsylvania, and Rhode Island—with the rest of the country. [read post]
11 Apr 2024, 12:11 pm by herrmann
Here is a brief summary of some of the key updates affecting construction industry employers in Delaware. [read post]
11 Apr 2024, 3:00 am by John Jenkins
Former Delaware Chancellor & Chief Justice Leo Strine has authored a forthcoming law review article addressing the importance of good board minutes and offering up some advice on good minuting and documentation practices. [read post]
10 Apr 2024, 7:38 pm by Sabrina I. Pacifici
State tax deadlines after the 15th this year include: April 17: Massachusetts and Maine April 20: Oklahoma (but only for e-returns) April 22: Hawaii April 30: New Mexico (only for e-returns), Delaware, and Iowa May 1: Virginia May 15: Louisiana You also may earn an extension if you live in a place that has experienced a recent natural disaster. [read post]
10 Apr 2024, 6:30 am
In holding that certain provisions within the stockholder agreement of a Delaware corporation are invalid under the Delaware General Corporation Law (DGCL), the Delaware Court of Chancery has created a framework for evaluating whether an agreement impermissibly restricts the authority and duty of directors to manage the business and affairs of the corporation in their best judgment. [read post]
10 Apr 2024, 6:30 am
In holding that certain provisions within the stockholder agreement of a Delaware corporation are invalid under the Delaware General Corporation Law (DGCL), the Delaware Court of Chancery has created a framework for evaluating whether an agreement impermissibly restricts the authority and duty of directors to manage the business and affairs of the corporation in their best judgment. [read post]