Delaware Amends Its LLC Act: Managers And Controllers Owe Fiduciary Duties...
Effective August 1, 2013, the Delaware General Assembly has amended Section 18-1104 of the Delaware Limited Liability Company Act to provide that, unless the limited liability company agreement says...
View ArticleDelaware Court of Chancery - no fiduciary breach, although directors engaged...
While management and the preferred stockholders of Trados, Inc. received all of the merger consideration in an end-stage transaction and the common stockholders received nothing, the Delaware Court of...
View ArticleDelaware Supreme Court upholds fee-shifting provision in company bylaw,...
The Delaware Supreme Court, sitting en banc, has held that a Delaware corporate bylaw that requires a losing claimant to pay the legal fees and expenses of the defendants is not invalid per se, and if...
View ArticleDelaware Corporate Law And Litigation: What Happened In 2014 And What It...
In This Issue: - Delaware’s Leading Role in Business and Business Litigation - Curbing Stockholder Litigation: Exclusive Forum and Fee-Shifting Provisions - Two-Tiered Poison Pill Targeted at Hedge...
View ArticleDelaware (again) proposes sledgehammering fee-shifting bylaws
As part of the annual update cycle for Delaware’s General Corporations Law (DGCL), the Delaware Bar has returned to last year’s controversy on fee-shifting provisions in bylaws and certificates of...
View ArticleAvoiding Personal Liability: A Guide For Directors And Officers
According to the popular media, we are living in an era of corporate crime. Scandals like Enron, HealthSouth and WorldCom stretch so far back they seem like they are not even of this millennium. Among...
View ArticleThe new global arbitration advantage: the Delaware Rapid Arbitration Act
The State of Delaware is offering something new for parties that would rather arbitrate than litigate in a public courtroom - and its offering has global reach. The Delaware Court of Chancery and the...
View ArticleGeneral partner to pay $171 million for special committee’s failure to act in...
In In re El Paso Pipeline Partners, L.P. Derivative Litigation, 2015 WL 1815846 (Del. Ch. Apr. 20, 2015), the Delaware Court of Chancery (Vice Chancellor J. Travis Laster) issued a post-trial opinion...
View ArticleDelaware court of chancery issues significant ruling on the ability of...
In Quadrant Structured Products Co. v. Vertin, 2015 WL 2062115 (Del. Ch. May 4, 2015), the Delaware Court of Chancery (Vice Chancellor J. Travis Laster) announced a bright-line standard governing the...
View ArticleImportant Delaware Supreme Court ruling on use of charter provision to seek...
In a decision jointly resolving two appeals - In re Cornerstone Therapeutics Inc. Stockholder Litigation and Leal v. Meeks - the Delaware Supreme Court clarified seemingly conflicting Delaware case...
View ArticleDELAWARE CORPORATE LAW AND LITIGATION: WHAT HAPPENED IN 2015 AND WHAT IT...
Delaware has long been known as the corporate capital of the world, and it is now the state of incorporation for 66 percent of the Fortune 500 and more than half of all companies whose securities trade...
View ArticleDelaware corporate law and litigation: what happened in 2016 and what it...
Delaware has long been known as the corporate capital of the world, and it is now the state of incorporation for 66 percent of the Fortune 500 and more than half of all companies whose securities trade...
View ArticleDelaware Amends Its LLC Act: Managers And Controllers Owe Fiduciary Duties...
Effective August 1, 2013, the Delaware General Assembly has amended Section 18-1104 of the Delaware Limited Liability Company Act to provide that, unless the limited liability company agreement says...
View ArticleDelaware Court of Chancery - no fiduciary breach, although directors engaged...
While management and the preferred stockholders of Trados, Inc. received all of the merger consideration in an end-stage transaction and the common stockholders received nothing, the Delaware Court of...
View ArticleDelaware Supreme Court upholds fee-shifting provision in company bylaw,...
The Delaware Supreme Court, sitting en banc, has held that a Delaware corporate bylaw that requires a losing claimant to pay the legal fees and expenses of the defendants is not invalid per se, and if...
View ArticleDelaware Corporate Law And Litigation: What Happened In 2014 And What It...
In This Issue: - Delaware’s Leading Role in Business and Business Litigation - Curbing Stockholder Litigation: Exclusive Forum and Fee-Shifting Provisions - Two-Tiered Poison Pill Targeted at Hedge...
View ArticleDelaware (again) proposes sledgehammering fee-shifting bylaws
As part of the annual update cycle for Delaware’s General Corporations Law (DGCL), the Delaware Bar has returned to last year’s controversy on fee-shifting provisions in bylaws and certificates of...
View ArticleAvoiding Personal Liability: A Guide For Directors And Officers
According to the popular media, we are living in an era of corporate crime. Scandals like Enron, HealthSouth and WorldCom stretch so far back they seem like they are not even of this millennium. Among...
View ArticleThe new global arbitration advantage: the Delaware Rapid Arbitration Act
The State of Delaware is offering something new for parties that would rather arbitrate than litigate in a public courtroom - and its offering has global reach. The Delaware Court of Chancery and the...
View ArticleGeneral partner to pay $171 million for special committee’s failure to act in...
In In re El Paso Pipeline Partners, L.P. Derivative Litigation, 2015 WL 1815846 (Del. Ch. Apr. 20, 2015), the Delaware Court of Chancery (Vice Chancellor J. Travis Laster) issued a post-trial opinion...
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