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Delaware Business Court Insider
By Chandra K. Shih, Alyssa Frederick and Sara Uz | April 24, 2024
In this article, we have focused on entities available under Delaware law. Delaware public benefit corporations (PBCs) emerged in 2013 and have become especially popular as a result of the increased demand for socially conscious business practices, combined with the familiar reliability of Delaware corporate law.
6 minute read
By Ashleigh Taylor | April 10, 2024
By thoughtfully amending operating and shareholder agreements to include both incentives and penalties for compliance, businesses can not only adhere to the letter of the law but also foster a culture of transparency and accountability.
8 minute read
Delaware Business Court Insider
By Lewis H. Lazarus | April 10, 2024
As demonstrated by Harrison Metal Capital III v. Mathe, failure to assert well-pleaded allegations showing that a majority of the board is disabled from disinterestedly and independently evaluating whether to bring an action is fatal to a stockholder derivative claim.
5 minute read
By Kenneth Duvall | April 1, 2024
In the wake of other, significant changes in the law at the Supreme Court in recent years—from Citizens United on campaign finance and Shelby on civil rights law to Bremerton on religious freedom and Dobbs on abortion—only time will tell whether the CTA will survive intact.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | March 27, 2024
Corporate practitioners say there's been no signs that there will be any significant corporate exodus from Delaware in the near future.
4 minute read
Delaware Business Court Insider
By Cliff C. Gardner and TJ Rivera | March 27, 2024
"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
By ALM Staff | March 20, 2024
It was another challenging year in 2023 for dealmaking, but Big Law's talented transactional lawyers brought expertise, creativity and profoundly hard work to bear.
1 minute read
By ALM Staff | March 20, 2024
It was another challenging year in 2023 for dealmaking, but Big Law's talented transactional lawyers brought expertise, creativity and profoundly hard work to bear.
1 minute read
By Justin Henry | March 18, 2024
Mattias Luukkonen and Michael Gorback are the latest California-based partners to join K&L Gates since the beginning of 2023, joining names from Tucker Ellis, Ellis George and Akin.
5 minute read
Delaware Business Court Insider
By Brandon R. Harper | March 6, 2024
In a recent memorandum opinion dismissing a suit brought by stockholders derivatively on behalf of Walgreens Boots Alliance, Inc. (Walgreens), Vice Chancellor Lori Will of the Delaware Court of Chancery issued a reminder of the "narrow confines" in which a successful Caremark claim lives.
8 minute read
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Widener University is currently seeking an Assistant Dean for Career Development at the Delaware Law School. Reporting to the Dean of the L...
June-August 2024 Environmental and Land Use - Associate Attorney (1-3 years) Adams Broadwell Joseph & Cardozo is acc...
Our client, a highly regarded boutique firm with a strong real estate practice, is seeking an associate with 3 or more years of experience i...