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November 07, 2024 | Delaware Business Court Insider

Supermajority Shareholder Approval Not Required for Nevada Conversion

Vice Chancellor Paul A. Fioravanti Jr.'s opinion stated language in one section of the digital media company's charter doesn't apply to the conversion based on Delaware precedent, marking a win for attorneys at Wilson Sonsini Goodrich & Rosati and Latham & Watkins.
3 minute read
October 30, 2024 | Delaware Business Court Insider

Justices: Can Delaware Courts Put a Price Tag on Corporate Move to Nevada?

Chief Justice Collins J. Seitz Jr. and two associate justices focused on what would give Delaware courts authority to weigh the pros and cons of corporate redomestication.
4 minute read
October 17, 2024 | Delaware Business Court Insider

Four Delaware Supreme Court Arguments to Pay Attention to This Fall

Closely-watched cases could have implications for areas of corporate law that have come up repeatedly in attorneys' conversations this year and in 2023, including controlling shareholders, out-of-state incorporations and how much leeway the Court of Chancery has in reviewing arbitration awards and non-competes.
6 minute read
March 27, 2024 | Delaware Business Court Insider

Why Corporate Attorneys Say Delaware Courts Aren't Pushing Away Their Clients

Corporate practitioners say there's been no signs that there will be any significant corporate exodus from Delaware in the near future.
4 minute read
March 27, 2024 | Delaware Law Weekly

Delaware Courts Aren't Pushing Away Their Clients, Corporate Attorneys Say

Corporate practitioners say there's been no signs that there will be any significant corporate exodus from Delaware in the near future.
4 minute read
February 20, 2024 | Delaware Business Court Insider

Shareholders May Challenge Corporate Conversion From Delaware on Fairness Grounds

Vice Chancellor J. Travis Laster said the doctrine of entire fairness applies and TripAdvisor shareholders have adequately pleaded a claim that a conversion would affect the value of their investments.
3 minute read
August 07, 2023 | The American Lawyer

Deal Watch: Latham, Goodwin, Covington Steer Life Sciences Deals. And Is It Time for an M&A Rebound?

Near-record highs of private equity dry powder and corporate cash reserves are paired with high interest rates and other factors. Which will win out?
10 minute read
April 24, 2023 | Delaware Business Court Insider

Shareholders Say They're Entitled to Vote Before TripAdvisor Moves to Nevada

The shareholder plaintiffs argue unless and until the companies are actually moved to Nevada, they're governed by Delaware law, which requires a shareholder vote before a Delaware-incorporated state can be reorganized anywhere else.
4 minute read
April 24, 2023 | Delaware Business Court Insider

Shareholder Suit Alleges TripAdvisor Directors Unlawfully Tried to Convert Company Into Nevada Corporation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
April 13, 2022 | Daily Business Review

Airbnb's 135% Rally Takes IPO Crown With Room to Run

Airbnb's revenue grew to $1.53 billion in the fourth quarter, as people spread out over thousands of towns and cities with workers no longer having to be in traditional offices five days a week.
3 minute read

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