Young Conaway Stargatt & Taylor, LLP

Norman M. Powell, a partner in Young Conaway's Business Planning, Transactions and Restructuring Section, is a regular speaker at conferences on topics including the use and structure of alternative entities, and secured…more

The Delaware Limited Liability Company Act, Del. Code Ann. tit. 6, § 18-101 et seq. (the Delaware LLC Act), facilitates the formation of entities with attributes carefully crafted to meet the needs of a given application. It is…more

On December 10, 1966 the first asbestos-related lawsuit was filed against eleven asbestos manufacturers, including Johns-Manville, Combustion Engineering, and Owens-Corning. This proved to be just the beginning of many…more

Common sense suggests that contracts should be clearly drafted. However, owing to social and economic factors, ambiguities may be not only rational, but desirable. Many courts, including those in Delaware, have adopted rules…more

A recent, highly publicized incident involving Wal-Mart sheds light on the potential liability employers face when using independent contractors who employ undocumented workers. There, federal agents raided over 60 store…more

IN THIS ISSUE Asset Purchase Agreements and the Attorney Client Privilege.............................1 Actions Taken at a Board Meeting without Proper Notice Are Void and Cannot Later Be Ratified…more

“The directors of a Delaware corporation have a continuing obligation discharge their fiduciary responsibilities, as future circumstances develop, after a agreement is announced.”1 Among other things, until such time as the…more

“Has my client provided me all of the responsive documents to the opponent’s document requests?” This is a question that every litigator must ask, whether representing individuals or corporations of any size. How we satisfy…more

Law firms and title companies throughout the country conduct and facilitate complex, multi-state real estate closings. They often do so from main offices, national accounts offices, or other central locations. But they may face…more

"If you are resolutely determined to make a lawyer of yourself, the thing is more than half done already." The sage advice offered by then private practitioner Abraham Lincoln to an aspiring laywer back in 1855 still very…more

In 2007, the merger market had distinct bull and bear phases, with each phase presenting challenges to public companies attempting to consumate mergers. In the first half of 2007, when credit and hungry acquirers were abundant,…more

In May 2007, The Equal Employment Opportunity Commission (EEOC) issued Enforcement Guidance regarding the "Unlawful Disparate Treatment of Workers with Caregiving Responsibilities." This is also referred to as Family…more

It is hard to conceive of an event more distracting and potentially damaging to a chapter 11 debtor than scheduling and conducting a shareholder meeting that threatens to unseat the company's board and management. Such an event…more

The advent of personal computers and word-processing software has given lawyers a set of tools that practitioners in pre-computer days never imagined. Hard as it may be for young lawyers to conceive, before about 1980 you could…more

This is the Tax Benefits Update Card for 2008 from Young, Conaway, Stargatt & Taylor, LLP…more