Law 360

JUNE 7, 2024

On Tuesday morning, seven Delaware state senators are set to open the first public round of debates on a fast-tracked Delaware General Corporation Law amendment package that would allow boards to cede some governance rights to big stockholders and Delaware Court oversight for some corporate actions to other jurisdictions.

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Fordham Law News

MARCH 31, 2025

Delaware has long been the preferred state of incorporation for corporations due to its business friendly legal framework, its specialized Court of Chancery, and its well-developed and unified body of corporate law. 2] As a result, many believe that Delawares monopoly over corporate incorporation seems to be showing early signs of collapse.

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Law 360

AUGUST 6, 2024

has agreed to resolve derivative claims in multiple stockholder suits in California federal court and Delaware's Court of Chancery by implementing corporate governance reforms and paying up to $2.15 Pop culture lifestyle brand Funko Inc. million to plaintiffs' attorneys, the company has announced.

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Constitutional Law Reporter

APRIL 11, 2023

In Delaware v. Supreme Court held that uncashed MoneyGram checks are governed by the Disposition of Abandoned Money Orders and Traveler’s Check Act (FDA) and should be returned to the state where they were issued. The post Delaware Loses Bid to Keep Uncashed MoneyGram Checks appeared first on Constitutional Law Reporter.

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SCOTUSBlog

APRIL 2, 2022

Share This week we highlight cert petitions (and one original action ) that ask the Supreme Court to consider, among other things, whether New Jersey can withdraw from its Waterfront Commission Compact with New York concerning governance and law enforcement over the Port of New York and New Jersey. TitleMax of Delaware, Inc.

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JURIST

NOVEMBER 14, 2022

.” Oregon Attorney General Ellen Rosenblum said Google has “prioritized profit over their users’ privacy” for years and warned that “companies will continue to compile large amounts of our personal data for marketing purposes with few controls” until government bodies introduce comprehensive privacy laws.

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Law 360

DECEMBER 17, 2021

Barnes & Thornburg LLP has added a corporate and government services attorney who earlier in his career worked with Drinker Biddle & Reath LLP as a partner in its Wilmington, Delaware, office, the firm has announced.

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Law 360

APRIL 12, 2024

The proposed Delaware General Corporation Law amendment in response to the Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension Fund v.

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JonathanTurley

JANUARY 30, 2023

There has been much discussion of a classified document being found in his personal library in Wilmington, but there is a huge library of Biden documents sitting in the University of Delaware. Biden is the poster boy for how the claim of private ownership can run against principles of good government and the public interest.

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Broadcast Law Blog

MARCH 31, 2022

After three years, the radio license renewal filing cycle closes on April 1 , with renewal applications due from stations licensed to communities in Delaware and Pennsylvania. Here is more on that date and information on some of the other dates and deadlines in April applicable to broadcasters. The TV renewal cycle continues through 2023.

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Law 360

MARCH 27, 2024

The Delaware Chancery Court’s recent Moelis decision highlights the importance of structuring corporate governance around investor demand, meaning early-stage companies seeking venture funding through sales of preferred stock should understand the legal documents needed to do so successfully, say Daniel Bell-Garcia and Tristan Kaisharis at Winstead. (..)

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Above The Law

OCTOBER 4, 2022

The post Delaware’s New Law Just Made It Easier To Get Back On Your Feet After Being Fined appeared first on Above the Law. You should probably still try to avoid getting a ticket.

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JURIST

FEBRUARY 8, 2024

The United States Court of Appeals for the Third Circuit ruled Wednesday that police officers who conducted a no-knock raid on a house and injured four unarmed people were not subject to qualified immunity , a type of immunity that protects individual government officials from being sued over acts in the course of their duties.

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Law 360

MAY 2, 2024

s grade for management and governance, pointing in part to CEO Elon Musk's dominant role, and the company's "uncommonly high" risk from lawsuits, including the Delaware Chancery Court's recent scuttling of his $56 billion pay plan.

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Law 360

MARCH 23, 2023

Medical technology company Masimo announced board, governance and executive compensation changes on Thursday as it fights a lawsuit by activist investor Politan in Delaware's Chancery Court.

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Law 360

OCTOBER 13, 2022

Twitter has asked Delaware's chancellor to compel Elon Musk to release documents involving government investigations into his conduct in a proposed $44 billion deal to take the company private, according to a letter disclosed by Delaware's Court of Chancery late Thursday.

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Law 360

NOVEMBER 28, 2022

More than 20 limited partners in 14 AT&T-affiliated wireless partnerships sued the industry giant and its affiliates in Delaware's Court of Chancery Monday, accusing AT&T of exploiting agreements governing wireless service areas to retain outsize shares of revenues and control.

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The IP Law Blog

MARCH 17, 2022

When entering into contracts, parties commonly include forum selection clauses to govern future litigation between the parties. To govern certain disputes after the expiration of the Covenant Term, the MCA further stated: [T]he Parties agree that all Potential Actions arising under U.S. Patent and Trademark Office …. emphasis added).

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Law 360

JANUARY 25, 2022

The founders of a trampoline park network sued Palladium Equity Partners in Delaware Chancery Court, accusing the New York private equity firm of shirking government help for the parks during the pandemic so that it could profit at the expense of minority shareholders.

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Law 360

SEPTEMBER 8, 2022

A Delaware Chancery Court judge on Tuesday tossed a derivative suit against current and former directors of information technology company SolarWinds claiming they were at fault for a massive hack and data breach that affected governments and private businesses around the globe in 2020.

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Law 360

FEBRUARY 20, 2024

A Delaware vice chancellor has thrown out a stockholder derivative suit accusing Walgreens directors of ignoring an alleged scheme in which insulin pen prescriptions were overfilled and the government overbilled, ruling that the investors haven't shown that the company's top brass acted in bad faith.

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LawSites

SEPTEMBER 25, 2024

DiliTrust, a company headquartered in Paris, France, that provides an all-in-one corporate governance suite for in-house legal teams, has acquired the U.S.-based based enterprise legal management company doeLEGAL, which provides software for matter management, e-billing and e-discovery to corporate and law firm customers.

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The Fashion Law

FEBRUARY 15, 2022

In a filing last year, the plaintiffs asserted that the settlement reforms represent “a material and substantial improvement to TRR’s corporate governance and provide for new policies and procedures that will help to prevent a recurrence of the wrongdoing alleged” in the case at hand. The case is Iwona Grzelak v.

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SCOTUSBlog

APRIL 25, 2025

City of Escondido , a 1992 case holding that when property owners invite tenants onto their land voluntarily, the government can regulate that relationship (there, through rent control) without necessarily effecting a taking. The justices will be discussing two of them for a second time. First up is The Hain Celestial Group, Inc.

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Law 360

MAY 29, 2024

After the Delaware Chancery Court's decision in West Palm Beach Firefighters' Pension v.

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Law 360

JUNE 11, 2024

A string of law professors turned out Tuesday to oppose a Delaware Senate bill that would let boards cede some governance rights to big stockholders and some Delaware Court oversight to other jurisdictions, with the measure nevertheless cleared for a full Senate vote.

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Law 360

JULY 29, 2024

The Delaware Chancery Court’s overhauled Rule 5.1, which governs confidential filings, risks permitting nonconfidential information to be shielded from public review unless and until a challenge notice is filed — but several potential solutions could help to override this issue, says Delaware attorney Daniel J.

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The Crime Report

SEPTEMBER 6, 2022

Delaware, Texas and Wyoming are actively promoting P2P crypto usage in such a way that they’re manufacturing hundreds of thousands of felons (like me!)

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Law 360

JULY 17, 2024

Delaware Gov. John Carney signed into law on Wednesday state code amendments allowing corporations to cede some governance rights to stockholders, as well as some state corporate oversight to other jurisdictions.

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Law 360

NOVEMBER 15, 2024

An investor in a "public benefit" company that provides sensitive software to government agencies and allies sued the business Friday in Delaware Chancery Court, seeking documents on a stock purchase agreement and other moves purportedly made without required consents.

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Law 360

JUNE 20, 2024

Delaware legislation that would allow corporate boards to cede some governance rights to chosen stockholders cleared the state's House by a wide margin late Thursday, heading to Gov. John Carney after debate that saw dire predictions for either outcome.

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Law 360

FEBRUARY 24, 2025

A public opposition campaign complete with website and street signs has surfaced to oppose corporation and bar-backed legislation that would overhaul Delaware stockholder litigation rights and fee awards, intensifying an already unprecedented political fight that broke out last year over corporate governance concessions.

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Law 360

JANUARY 15, 2025

Gilead Sciences and the federal government have agreed to dismiss all claims and counterclaims in a yearslong intellectual property and contract battleover HIV prevention drugs Truvada and Descovy, according to stipulations of voluntary dismissal filed Wednesday in both the Federal Circuit and Delaware federal court.

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Law 360

DECEMBER 2, 2024

A Delaware vice chancellor on Monday cut $1.7 million from a $4 million fee sought by attorneys whose suit overturned corporate governance concessions that information technology company N-able Inc. granted to its lead investors, citing partial overlaps with an earlier, high-profile case.

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Law 360

FEBRUARY 4, 2025

Citing in part aversion to "speculative litigation," Delaware's Supreme Court on Tuesday reversed a ruling that kept in play potential stockholder damage claims in connection with the proposed reincorporation in Nevada of TripAdvisor and its parent, finding that business judgment deference should govern the court challenge.

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Law 360

NOVEMBER 1, 2024

Four prominent law professors have weighed in with an amicus brief on the side of a Delaware Supreme Court appeal seeking to reverse a Court of Chancery ruling earlier this year that struck down a company charter amendment ceding some corporate governance rights to the business' founder.

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Law 360

JUNE 13, 2024

After triggering rare public dissent, a multipart Delaware general corporation law amendment that would let boards cede some governance rights to big stockholders whisked through the state's Senate on Thursday without debate or an opposing vote, with a House vote expected as early as next week.

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