Delaware Business Court Insider | Commentary
By P. Clarkson Collins Jr. | March 10, 2021
In a recent post-trial decision the Delaware Court of Chancery upheld a stockholder challenge to a "poison pill" rights plan adopted by The Williams Companies' board of directors, declaring the plan unenforceable and issuing a mandatory injunction against its continued operation.
Delaware Business Court Insider | Commentary
By Matthew J. Rifino | March 3, 2021
The Delaware Court of Chancery rejected a purchaser's efforts to prevent a seller from adopting a method of calculating the post-closing purchase price adjustment that was inconsistent with the seller's pre-closing accounting practices.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | March 3, 2021
The question posed by the vice chancellor was whether a petitioner could invoke equity to benefit from her own illegal act as a trustee. He answered no—that to apply equity in favor of the trustee, allowing her to benefit from her own unlawful act, would sully equity itself.
Daily Business Review | Analysis
By Dan Roe | March 2, 2021
Antonio Dias, like many partners at the Ohio-based Am Law 100 firm, has decades of experience representing clients in matters involving state attorneys general. But the firm is putting a name to the practice as corporations anticipate greater scrutiny from state AGs under the Biden administration.
By Dan Roe | March 2, 2021
Antonio Dias, like many partners at the Ohio-based Am Law 100 firm, has decades of experience representing clients in matters involving state attorneys general. But the firm is putting a name to the practice as corporations anticipate greater scrutiny from state AGs under the Biden administration.
The Legal Intelligencer | Commentary
By Maxwell Briskman Stanfield | February 25, 2021
2020 brought significant change at a scale unseen for decades, and 2021 appears likely to continue the trend. As a result, the corporate world, like every segment of America, must reckon with it.
Delaware Business Court Insider | Commentary
By Stephen C. Norman, Tyler J. Leavengood, Aaron R. Sims and Abraham Schneider | February 24, 2021
The Delaware Supreme Court recently affirmed the Delaware Court of Chancery's post-trial decision ordering AmerisourceBergen Corp. to produce corporate books and records under Section 220 of the Delaware General Corporation Law in order to permit stockholders to investigate AmerisourceBergen's role in the distribution of opioids.
Delaware Business Court Insider
By Nathaniel J. Stuhlmiller and Ryan A. Salem | February 24, 2021
On Aug. 1, 2013, a new subchapter of the General Corporation Law of the State of Delaware (the DGCL) was added to enable Delaware for-profit corporations to be incorporated as or to become a Delaware public benefit corporation, or "PBC."
Delaware Business Court Insider | Commentary
By Lewis H. Lazarus, Albert H. Manwaring IV and Albert J. Carroll | February 17, 2021
Our criteria for selection are that the decision either meaningfully changed Delaware law or provided clarity or guidance on issues relevant to corporate and commercial litigation in Delaware.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | February 10, 2021
Delaware courts will use their equitable powers to invalidate otherwise valid board actions tainted by inequitable deception.
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