Delaware Business Court Insider | News
By Tom McParland | July 6, 2021
The derivative complaint alleged that Elon Musk breached his fiduciary duties and unjustly enriched himself by pursuing the struggling SolarCity, in which he was the largest investor.
By Phillip Bantz | July 1, 2021
"Historically among Japanese companies, legal departments have had a relatively less strategic, less upfront, more backseat role," Laurence Bates said.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | June 30, 2021
What law determines whether a "business trust" may be an eligible debtor under Chapter 11? There is a split of authority as to whether the law of the jurisdiction in which the trust resides or federal common law controls.
By Hugo Guzman | June 28, 2021
Cerebras was recently called "one of the most interesting AI startups" by Forbes.
The Legal Intelligencer | Commentary
By Edward T. Kang | June 24, 2021
One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection.
Delaware Business Court Insider | Commentary
By Sara Thompson | June 23, 2021
Section 220 of the General Corporation Law of the State of Delaware provides stockholders with the right to inspect the books and records of a corporation for a "proper purpose" that is "reasonably related to such person's interest as a stockholder."
The Legal Intelligencer | Commentary
By Sara Thompson | June 23, 2021
Section 220 of the General Corporation Law of the State of Delaware provides stockholders with the right to inspect the books and records of a corporation for a "proper purpose" that is "reasonably related to such person's interest as a stockholder."
By Cheryl Miller | June 21, 2021
The challenged state law requires companies with six or more directors to have at least three women serving on each of their boards by the end of the year.
Delaware Business Court Insider | Commentary
By Jarret P. Hitchings | June 16, 2021
In most cases, courts are presented with competing experts offering damage valuations based on estimates, forecasts, projections and discounts, and are then tasked with rending this information into a monetary amount sufficient to compensate a party for its injury.
Delaware Business Court Insider | Commentary
By R. Eric Hacker | June 9, 2021
In a case of first impression, the Vice Chancellor Joseph R. Slights III in Manichaean Capital v. Excela Technologies, C.A. No. 2020-0601-JRS (Del. Ch. May 25, 2021) refused to dismiss a claim to use reverse veil-piercing to execute upon a limited liability company charging order issued to the plaintiffs in their efforts to collect a judgment in an appraisal action.
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