Delaware Business Court Insider | Commentary
By Lewis H. Lazarus | July 15, 2020
The case is significant for articulating the standard applicable to evaluating director disclosure to fellow directors and what facts are necessary to plead that the business judgment rule does not apply when the plaintiff attacks the interest of only one officer and director.
The Legal Intelligencer | Commentary
By Howard J. Bashman | July 13, 2020
During its just concluded term, the Supreme Court decided four cases on direct review from the U.S. Court of Appeals for the Third Circuit, affirming our local federal appellate court two times and reversing it two times. In another six cases, the Supreme Court expressly noted that it was resolving conflicts that involved the 3rd Circuit.
Daily Business Review | Commentary
By Andrew L. Burnstine and Perry F. Sofferman | July 10, 2020
Whether parties are moving forward with their agreements, placing them on the backburner until the markets stabilize, or initiating deals during the COVID-19 pandemic, both parties should prudently review deal terms and contemplate what must be revised to properly account both for the existing crisis and for the possibility of similar epidemics or pandemics in the future.
The Legal Intelligencer | Commentary
By Andrew C. Kassner and Joseph N. Argentina Jr. | July 9, 2020
Today we examine another provision of the code—Section 525—the anti-discrimination section, and its implications during COVID-19.
Delaware Business Court Insider | Commentary
By Francis G.X. Pileggi and Chauna A. Abner | July 8, 2020
The Delaware Court of Chancery recently held that a party waived attorney-client privilege by producing documents to a federal commission during the course of an investigation without requiring the commission to sign a confidentiality agreement first.
Delaware Business Court Insider | Commentary
By James D. Miller and Benjamin R. Wright | July 2, 2020
Most construction contracts contain one or more NOM clauses, including a requirement that valid change orders be in writing. Generally, these clauses provide that a contract cannot be modified absent a writing executed by the parties.
The Legal Intelligencer | Commentary
By Edward T. Kang | July 2, 2020
While it is likely that businesses will think to add force majeure clauses to future contracts, there is also reason to believe the specific language of these clauses could be modified. Likewise, there are other changes to be expected in post-pandemic contracts.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | July 1, 2020
Delaware's borrowing statute provides that a suit to enforce a cause of action that arises outside of Delaware cannot be brought in a Delaware court after the expiration of the applicable Delaware statute of limitations or the statute of limitations of the state or country where the cause of action arose, whichever is shorter.
Delaware Business Court Insider | Commentary
By Jarret P. Hitchings | June 24, 2020
In EnVen Energy v. Dunwoody, the Delaware Court of Chancery found that a forum selection clause in an employment agreement between the plaintiff and a defendant did not bar venue of the matter in Delaware.
The Legal Intelligencer | Commentary
By Edward T. Kang | June 18, 2020
When nonresident members of a corporate group, usually the parent company, should expect to be subjected to the jurisdiction of Pennsylvania courts when one of the entities, usually the subsidiary, is based or does business in the state.
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