The Delaware General Assembly recently signed a bill amending the Delaware Statutory Trust Act (the “DSTA”). Most of the amendments became effective on August 1, 2022; however, a few amendments will not become effective until...more
Delaware recently approved amendments to three Delaware statutes, collectively known as the Alternative Entity Statutes:
• the Delaware Limited Liability Company Act (LLCA) ...more
While Delaware is nationally known as the preferred jurisdiction for corporations, it is likewise recognized as a leader in the area of statutory trusts. The State of Delaware, in 1988, adopted the Delaware Business Trust...more
On Friday September 17, 2021 Delaware Governor John Carney signed three unique bills all seeking to tackle different environmental issues, Senate Bills 2, 21, and Senate Substitute 1 for Senate Bill 24. This update will focus...more
The Corporate Law Section of the Delaware State Bar Association recently approved amendments to three Delaware statutes collectively known as the Alternative Entity Statutes...more
The state of Delaware recently enacted amendments to the Delaware Limited Liability Company Act (the Act), most of which will become effect August 1, 2018, in three primary ways. These amendments introduce the concepts of (i)...more
The 2018 legislative updates to the Delaware Statutory Trust Act (DSTA), which became effective August 1, 2018, provide for the use of so-called blockchain technology and clarify the rights, duties and liabilities of trustees...more