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Delaware legislature passes constitutional amendment proposal modifying bail system

JURIST

The Delaware General Assembly on Sunday passed a constitutional amendment proposal restructuring the Delaware bail system. Senate Substitute 1 for Senate Bill 11 passed in the Delaware House of Representatives by 32 – 8 after it passed the Delaware Senate unanimously.

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SpaceX Leaves Delaware; Should Others Follow?

Strictly Business

Overview On January 30, 2024, the Delaware Chancery Court voided Elon Musk’s $55.8 In response, Musk expressed public criticism of the Court’s decision, including posting on X (formerly Twitter) that entrepreneurs and founders should “never incorporate your company in the state of Delaware.” Should companies relocate from Delaware?

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US Supreme Court rules against Delaware in $400M interstate unclaimed property dispute

JURIST

In Delaware v. The case centered on a dispute between Delaware and 30 other states involving MoneyGram Payments Systems, a money transfer company incorporated in Delaware. Until now, MoneyGram operated under the assumption that the FDA did not apply to these instruments and transferred the unclaimed funds to Delaware.

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“Will Zantac ruling make Delaware a mass torts magnet?”

HowAppealing

“Will Zantac ruling make Delaware a mass torts magnet?” The post “Will Zantac ruling make Delaware a mass torts magnet?” ” Alison Frankel’s “On the Case” from Reuters has this post. ” appeared first on How Appealing.

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Delaware bankruptcy judge grants motion to keep FTX customer list secret

JURIST

Judge John Dorsey of the United States Bankruptcy Court District of Delaware rejected in part and ruled in favor in part of a motion Friday by bankrupt cryptocurrency trading company FTX’s debtors and the Official Committee of Unsecured Creditors requesting the company’s customer list stay private.

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Catching Up With Delaware's Chancery Court

Law 360

Prince's heirs were left standing alone in a cold world last week after Delaware's Court of Chancery found their attempts to gain control of the late musician's estate too demanding. Delaware's court of equity also waved a wand for Walt Disney and slashed nearly $10 million from a damages award for Sears stockholders.

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Catching Up With Delaware's Chancery Court

Law 360

A multi-billion dollar Tesla trust proposal, a Truth Social bond, power plays over Prince's estate, and three in the ring for World Wrestling Entertainment: all of this and much more came up in Delaware Chancery Court dockets last week.