Delaware Business Court Insider | News
By Ellen Bardash | April 24, 2024
Tesla has filed a proxy indicating it would be seeking shareholder votes on a relocation to Texas and whether Musk should receive the 2018 compensation plan that had been struck down by the Court of Chancery.
Delaware Business Court Insider
By Ellen Bardash | April 8, 2024
"The Delaware courts are going to continue to have a lot of skepticism when it comes to conflicted controller transactions," Fried, Frank, Harris, Shriver & Jacobson senior counsel Gail Weinstein said.
Daily Business Review | Commentary
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.
Daily Business Review | Commentary
By Perry F. Sofferman | November 14, 2023
Companies must be in preparation mode now and seek to gain a full understanding of the steps that should be taken to comply with the new regulations.
By Fabio Giallanza | October 23, 2023
With three short months left before the CTA is set to go into effect, existing reporting companies should begin making plans on assembling their reports and possibly seeking guidance from their legal advisers.
Daily Business Review | Commentary
By Mark Sachs | October 6, 2023
Winning in the court of legal opinion but losing in the court of public opinion is not a scenario any client wants to celebrate. That is why attorneys should counsel their clients to communicate with key audiences and resist the temptation to keep things in-house.
Daily Business Review | Commentary
By Bessie Antin Daschbach | August 23, 2023
Regulatory and market demands will likely continue to push ESG deep into supply chains. The result is every business along those chains could be made to take up ESG efforts, regardless of a given business's order of magnitude.
By Brian Lee | August 22, 2023
A measure that would abolish the use of anonymous limited liability corporations has drawn opposition from some business groups as it awaits action from New York Gov. Kathy Hochul.
Delaware Business Court Insider | Commentary
By Molly DiBianca | July 26, 2023
The right of a shareholder to demand to inspect a company's books and records may be an important tool but it is not without limits. In a recent decision involving The Walt Disney Co. (Disney), the Delaware Court of Chancery reminded one litigant that disagreement over business decisions, including decisions about a company's position on social issues, is not a proper basis for a shareholder action under Section 220.
Daily Business Review | Commentary
By Corey D. Berman | July 3, 2023
The court's majority rejected the argument that such an assertion of jurisdiction violated the company's due process rights in a case that will have ramifications for companies doing business nationwide, including in the state of Florida.
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