In mid-December 2025, the U.S. House of Representatives passed the INVEST Act – aimed at providing more investors with the opportunity to invest in private funds and at promoting private capital reaches into entrepreneurs in...more
1/9/2026
/ Accredited Investors ,
Corporate Issuers ,
Entrepreneurs ,
Exempt Reporting Advisers (ERAs) ,
Investment Advisers Act of 1940 ,
Investment Company Act of 1940 ,
New Legislation ,
Pending Legislation ,
Private Funds ,
Proposed Legislation ,
Regulation D ,
Rural Areas ,
Securities Act of 1933 ,
Securities Regulation ,
Venture Capital
On March 3, a committee of the Delaware State Bar Association (DSBA) announced revisions to Senate Bill 21 (SB 21) aimed at paring back some of the proposed protections seen as too controller-friendly....more
3/6/2025
/ Board of Directors ,
Controlling Stockholders ,
Corporate Governance ,
DE Supreme Court ,
Delaware General Corporation Law ,
Majority Shareholders ,
Minority Shareholders ,
Proposed Amendments ,
Safe Harbors ,
Shareholders ,
State Bar Associations
Proposed amendments to the Delaware General Corporation Law (DGCL) introduce safe harbors for liability from transactions involving directors, officers and controlling stockholders and define and limit a stockholder’s right...more
2/21/2025
/ Books & Records ,
Controlling Stockholders ,
Corporate Governance ,
Delaware General Corporation Law ,
Directors ,
Fiduciary Duty ,
Liability ,
Minority Shareholders ,
Personal Liability ,
Proposed Amendments ,
Safe Harbors ,
Shareholders
On August 30, 2024, the Delaware Court of Chancery issued an opinion in Campus Eye Management Holdings, LLC v. DiDonato, dismissing a challenge to a merger effecting an amendment to the limited liability company agreement of...more
On April 4, 2024, the Delaware Supreme Court issued its opinion in In re Match Group, Inc. Derivative Litigation, clarifying that the heightened entire fairness standard of review applies to judicial review of any transaction...more
4/9/2024
/ Business Judgment Rule ,
Conflicts of Interest ,
Controlling Stockholders ,
Corporate Governance ,
DE Supreme Court ,
Derivative Suit ,
Entire Fairness Standard ,
Freeze-Out Mergers ,
Independent Directors ,
Judicial Review ,
Mergers ,
Shareholders ,
Special Committees ,
Spinoffs ,
Standard of Review