On July 24, 2018, Delaware Gov. John Carney signed into law amendments to the Delaware Limited Liability Company Act (DLLCA) and the Delaware General Corporation Law (DGCL) (collectively, the Acts), which are intended to keep...more
On April 19, 2018, the Executive Committee of the Delaware State Bar Association approved proposed amendments to the Delaware General Corporation Law (DGCL). This year’s amendments would provide for the application of the...more
4/26/2018
/ Amended Rules ,
Appraisal ,
Appraisal Rights ,
Corporate Charters ,
Defective Corporate Acts ,
Delaware General Corporation Law ,
Forfeiture ,
Mergers ,
Ratification ,
Short-Form Mergers ,
Stocks
On June 16, 2016, Delaware Gov. Jack Markell signed into law amendments to the Delaware General Corporation Law (DGCL) described in our March 16, 2016, client alert. Among the amendments are changes to Section 262 to impose...more
6/20/2016
/ Appraisal Rights ,
Asset Purchaser ,
Board of Directors ,
Corporate Counsel ,
Delaware General Corporation Law ,
Mergers ,
New Amendments ,
Shareholder Rights ,
Shareholders ,
Short-Form Mergers ,
Stock Purchase Agreement ,
Tender Offers
On March 16, 2016, the Corporation Law Council of the Delaware State Bar Association announced proposed amendments to the Delaware General Corporation Law (DGCL) intended to address appraisal proceedings, Section 251(h)...more
On August 1, 2013, new Section 251(h) of the Delaware General Corporation Law (the DGCL) becomes effective, which will allow consummation of second-step mergers without stockholder approval following a tender or exchange...more