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2021 TBOC Changes: What Does This Mean for Texas Partnerships, Corporations, and LLCs?

The Texas Legislature, during its 87th Regular Session, passed several bills with direct implications for Texas partnerships, corporations, and limited liability companies. Below are some of the key changes for Texas...more

Delaware Superior Court Holds Indemnification Provision Does Not Cover First-Party Claims for Legal Fees

In Ashland LLC v. Samuel J. Heyman 1981 Continuing Trust for Lazarus S. Heyman (Del. Super. Ct. Nov. 10, 2020), the Complex Commercial Litigation Division of the Delaware Superior Court held that parties to a contract are...more

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