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The Texas Supreme Court Decision in Ritchie v. Rupe

On June 20, 2014, the Texas Supreme Court issued its opinion in Ritchie v. Rupe, 2014 Tex. LEXIS 500 (Tex. 2014). In Ritchie, a minority shareholder in a closely held corporation attempted to force the majority shareholders...more

8/4/2014 - Business Judgment Rule Buyouts Closely Held Businesses Court-Appointed Receivers Minority Shareholders Oppression Remedy Shareholders

Corporate Renewable Energy Buyers’ Principles Highlight the Promise of Consumer/Utility Collaboration in Renewable Power...

As we wrote earlier this year, end-use corporate energy consumers large and small are increasingly turning to distributed power generation using solar, wind and other technologies to reduce purchased power costs and price...more

7/25/2014 - Corporate Social Responsibility Electricity Energy Renewable Energy Renewable Energy Buyers' Principles Solar Energy Utilities Sector Wind Power

2014 Changes to Delaware Corporate Law

Earlier this month, several significant amendments to the Delaware General Corporation Law (the DGCL) were approved. These amendments are substantially the same as the amendments originally proposed in April 2014 and will...more

7/24/2014 - Board of Directors Delaware General Corporation Law Directors New Amendments Shareholders Written Consent

Delaware Fee-Shifting Legislation Postponed

As previously discussed (see below), a recent decision of the Delaware Supreme Court upholding a “fee-shifting” bylaw provision gave rise to proposed legislation aimed at limiting such provisions to non-stock corporations....more

6/24/2014 - Bylaws Fee-Shifting Statutes

Delaware May Level Playing Field With Regard to Fee-Shifting Bylaws

As discussed (see link below), a recent decision of the Delaware Supreme Court could be a game changer in the world of stockholder litigation. In ATP Tour, Inc. v. Deutscher Tennis Bund (Del. May 8, 2014), the Delaware...more

5/29/2014 - ATP Tours Bylaws Fee-Shifting Statutes Shareholder Litigation Shareholders

Delaware Serves Up a Possible Game Changer with Validation of Fee-Shifting Bylaw

A recent decision of the Delaware Supreme Court may be a game changer in the world of stockholder litigation. In ATP Tour, Inc. v. Deutscher Tennis Bund (Del. May 8, 2014), the Delaware Supreme Court addressed the validity of...more

5/21/2014 - Bylaws Corporate Governance Fee-Shifting Statutes Shareholder Litigation Shareholders

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