Our Delaware Corporate and Alternative Entity Law attorneys closely followed the opinions coming from Delaware’s Supreme Court and Court of Chancery. Our 2016 Year in Review is a collection of brief summaries of selected...more
1/23/2017
/ Acquisitions ,
Advancement ,
Anti-Reliance Clauses ,
Appraisal ,
Bad Faith ,
Board of Directors ,
Business Valuations ,
Buyers ,
Commercial Bankruptcy ,
Contract Terms ,
Corporate Dissolution ,
Corporate Officers ,
Credibility ,
DE Supreme Court ,
Delaware General Corporation Law ,
Delaware Limited Liability Company Act ,
Delegation Doctrine ,
Demand Futility ,
Derivative Suit ,
Directors ,
Disclaimers ,
Duty of Loyalty ,
Entire Fairness Standard ,
Fiduciary Duty ,
Independent Audits ,
Inherent Authority ,
LLC Agreements ,
Mergers ,
Pleadings ,
Public Policy ,
Reaffirmation ,
Sellers ,
Stock Prices ,
Valuation ,
Witness Statements
In the event that you missed it, on June 16, 2016, Delaware Governor Jack Markell signed House Bill 371 into law, thereby amending the Delaware General Corporation Law (the “DGCL”) in numerous significant respects. Also, on...more
8/4/2016
/ Amended Legislation ,
Appraisal Rights ,
Assignments ,
Delaware General Corporation Law ,
Delaware Limited Liability Company Act ,
Jurisdiction ,
Mergers ,
Quorum ,
Stock Sale Agreements ,
Stocks ,
Voting Requirements
In a recent Memorandum Opinion in Obeid v. Hogan, C.A. No. 11900-VCL, the Delaware Court of Chancery addressed the delegation of litigation authority by limited liability company ("LLC") managers. Christopher S. La Mack,...more
In a recent Delaware Court of Chancery case - Hyatt v. Al Jazeera America Holdings II, LLC, C.A. No. 11465-VCG - Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery took on a “familiar” issue with a “twist”:...more
4/21/2016
/ Advancement ,
Counterclaims ,
Delaware General Corporation Law ,
Former Directors ,
Forum Selection ,
Indemnification ,
Limited Liability Company (LLC) ,
Litigation Fees & Costs ,
Merger Agreements ,
Nexus ,
Target Company