Delaware Business Court Insider | News
By Tom McParland | November 20, 2018
Plaintiffs argue in a Chancery Court filing made public Monday that deep conflicts exposed the Facebook directors to serious liability for their role in allegedly hiding from users, investors—and the U.S. Congress—Facebook's practice of sharing private data with outside parties.
Delaware Business Court Insider | News
By Tom McParland | November 19, 2018
Moon Express said last week in court papers that it was challenging the Oct. 15 decision from U.S. Chief Judge Leonard P. Stark.
Delaware Business Court Insider | News
By Tom McParland | November 15, 2018
Chancellor Andre G. Bouchard said that while Richardson Electronics' board did mislead plaintiff Steven H. Busch in the run-up to the litigation, it was unclear whether Busch had actually relied on those representations in deciding whether to make a demand that the directors consider pursuing their own litigation.
By Tom McParland | November 14, 2018
The dean of Widener University Delaware Law School argued Wednesday that comments by attorneys representing TransPerfect co-founder Elizabeth Elting had made it impossible for rival Philip R. Shawe to prevail in the Chancery Court battle over control of the profitable translation-services company.
Delaware Business Court Insider | Commentary
By P. Clarkson Collins Jr. | November 14, 2018
The Delaware Supreme Court's two recent decisions in Dell and DFC strongly endorsed the application of market efficiency principles in appraisal actions, and gave virtually controlling weight to the deal price as the “best evidence” of a company's fair value where a robust sales process was conducted against the backdrop of a well-functioning market for the target's stock.
Daily Business Review | Commentary
By Kelly A. Schulz | November 13, 2018
It seems axiomatic that one must plan ahead when entering into a business contract, but too often contracting parties overlook the basics which could become the focus of a future contract dispute.
By J.R. Lanis | November 12, 2018
Public companies having their principal place of business in California (as stated in the company's most recent Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”), and which are listed on major U.S. stock exchanges), will soon be required to appoint women to their boards of directors.
Daily Business Review | Commentary
By Logan E. Gans | November 12, 2018
As investors sell their real estate or other assets, they are searching for tax-efficient strategies to redeploy their capital. On Oct. 19, proposed regulations and other guidance were released concerning the tax incentive for investing in “Opportunity Zones,” which could be an advantageous approach for many taxpayers.
The Legal Intelligencer | Commentary
By Pauline Markey | November 12, 2018
The 2017 Tax Cuts and Jobs Act added a new tax provision to the Internal Revenue Code, Section 1400Z-2, which aims to provide big capital gains tax breaks to real estate and business investors who make investments in certain economically underdeveloped areas.
The Legal Intelligencer | Analysis
By Lizzy McLellan | November 9, 2018
Startup lawyers say strong relationships, due diligence and constant communication can mitigate built-in uncertainty for law firms.
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