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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.
The Delaware House of Representatives passed a bill Thursday requiring individuals who are seeking to purchase a handgun to first obtain permission from the state, in addition to undergoing fingerprinting and firearms training. The bill now awaits approval from the Delaware Senate before it becomes law.
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.
” Following the Capitol breach, the Seefrieds were arrested in Delaware on Janaury 14, 2021. Capitol, including over 250 individuals charged with assaulting or impeding law enforcement.” The post Delaware father and son found guilty of charges related to January 6 US Capitol breach appeared first on JURIST - News.
The post Elon Musk Willing To Pay Full Price For Twitter Again After Someone Must Have Explained DelawareLaw To Him appeared first on Above the Law. Settling for everything is always a sign that you've got the other side right where you want them.
Justice Jackson's Jurisprudence Holds No Shelter For Finder's Keepers : Take that, Delaware ! The post Delaware No Swiping! Delaware No Swiping! Delaware No Swiping! — See Also appeared first on Above the Law. What Happened To Reading The Fine Print ?: Sometimes it takes a year to issue spot.
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?
He was also convicted on federal gun charges in Delaware earlier this year. .” The President pointed to what he characterized as unusual prosecutorial decisions in both the firearm and tax cases, suggesting that similar cases typically result in less severe consequences. million in taxes between 2016 and 2019.
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.
No other district court other than Texas has as much impact on patent litigation as Delaware. The post 3 Lessons From The Delaware Bench Bar Conference (Part I) appeared first on Above the Law.
The goings-on in Delaware are as relevant as ever to patent litigators and their clients. The post 3 Lessons From The Delaware Bench Bar Conference (Part II) appeared first on Above the Law.
Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Teslas board of directors struck 18 months ago to return roughly $919 million to the company. Along with the settlement, Delaware Chancery Court Chancellor Kathaleen McCormick also approved $176.2
The post Delaware Disclosure Dance appeared first on Above the Law. The changes to Rule 7.1 disclosure have led to the recent drama roiling the patent litigation world. .
“Elon Musk Pay Deal Decision Appealed to Delaware High Court; Delaware chancellor blocked $56 billion pay deal last January; Florida shareholders appealed decision voiding record pay”: Gillian R. Brassil of Bloomberg Law has this report.
Activist investor Elliott Investment Management's latest attempted tactic initiating a high-stakes proxy contest against Phillips 66 goes too far and would cause the company to both violate Delawarelaw and avoid the legal exception to the shareholder proposal process, says J.W. Verret at George Mason University.
The post Delaware State Police Pay $50,000 To Man Troopers Ticketed For Flipping Them Off appeared first on Above the Law. From the no-problem,-the-taxpayers-are-good-for-it dept.
Delaware State Police aviation section is hosting it’s first “Women in Aviation and Law Enforcement Seminar” on Thursday evening at 7 pm starting on March 2, 2023 according to a recent press release. Must be 18 or older to apply.
Permits Funding Probes in Delaware Patent Cases”: Kelcee Griffis of Bloomberg Law has this report on a non-precedential order that a three-judge panel of the U.S. Permits Funding Probes in Delaware Patent Cases” appeared first on How Appealing. “Fed. Court of Appeals for the Federal Circuit issued today.
Be in the know We constantly read that one of the keys to being a rock star paralegal is to stay up to date on laws, rules, and recent precedent-setting court cases. This includes continuing your education and making sure you know where rules, laws, or regulations stand in your practice area. But this is 2025.
The post Litigation Funding Disclosure In Delaware: Emerging Standard? appeared first on Above the Law. This may evidence a trend towards settling on an approach to resolve the long-running tussle over proposed mandatory disclosure of litigation funding, nationwide and internationally.
Law firms have been preparing for the upcoming Texas Business Court since the state announced that it wanted to compete with the Delaware Court of Chancery, but many have adopted a wait-and-see approach to the Lone Star State's newest venue, which opened for cases this week.
“How Kirkland Uses Court Shopping to Get an Edge in Bankruptcy; Big Law behemoth favored Houston, Delaware, Richmond courts; Practices raise concern over bankruptcy system fairness”: Ronnie Greene, James Nani, and Umar Farooq of Bloomberg Law have this report.
stockholder sued the grill company in the Delaware Chancery Court, arguing that a deal between Traeger and some of its other stockholders violated state corporate law by giving those stockholders too much power over choosing a CEO. A Traeger Inc.
Delaware's chancellor wants the state's high court to weigh in on a constitutional challenge of the controversial corporate law overhaul signed into law in March in an attempt to stave off more corporate charter relocations and protect the state's legal industry and $2 billion in annual corporate franchise fees.
The post 3 Questions For A Delaware Litigator And Court Commentator (Part I) appeared first on Above the Law. Andrew Russell's coverage of the fast-changing developments in a popular patent jurisdiction have been both enlightening and indispensable.
The post 3 Questions For A Delaware Litigator And Court Commentator (Part II) appeared first on Above the Law. This court commentator is a practicing attorneys, not a reporter. He has a better idea of when a decision is significant and when it’s not.
“Delaware Chief Justice Emphasizes Independence, Like His Father; Childhood conversations formed ideals of judges’ independence; Seitz was appointed as head of Delaware’s judiciary in 2019”: Jennifer Kay of Bloomberg Law has this report.
On one side is Delaware. The 30 states are challenging Delaware’s practice of taking funds associated with certain checks that were issued by MoneyGram, sold around the country, and never cashed. The case, known as Delaware v. For Delaware, the issue is especially important because many businesses are incorporated there.
Delaware's Court of Chancery spurred modifications in AMC Entertainment's proposed deal with stockholders last week, welcomed updates to the state's corporation laws and logged new suits from shareholders in tech companies, a metal producer, a biotech and an artificial intelligence outfit.
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.
[1] In corporate law, self-dealing by fiduciaries is a fundamental concern, and there is significant debate over how to regulate it [2] Self-dealing—the expropriation of corporate wealth from fiduciaries presents a conflict-of-interest question, and scholars have disagreed on which of two rules is more effective at addressing the issue. [3]
“Delaware Weapons Ban Can Stay in Effect, Third Circuit Says; Preliminary injunction isn’t merited, appeals court says; Court doesn’t say whether challenge likely to ultimately succeed”: Mike Vilensky of Bloomberg Law has this report on a decision that the U.S. Court of Appeals for the Third Circuit issued yesterday.
The post Why A Delaware Supreme Court Decision Affirming Shifting A Contingency Fee To The Losing Party Could Have Applications To Recovering The Costs Of Litigation Funding appeared first on Above the Law. The state’s top court upheld fee-shifting of a contingent fee. Analogous logic could apply to the costs of litigation funding.
“Musk’s $56 Billion Appeal Threatens ‘Dumpster Fire’ Consequences; Judge refuses to reverse landmark decision after investor vote; Sets up appeal to Delaware high court after 6-year legal saga”: Mike Leonard and Jennifer Kay of Bloomberg Law have this report.
The Department of Justice and the Attorney General of Delaware have announced indictments totaling 35 counts against four people in connection with a series of crimes including carjackings, a kidnapping, a rape, and theft that occurred as part of a crime spree in April. ”
A biopharmaceutical company stockholder has sought direct certification of a derivative suit to Delaware's Supreme Court, asking for state constitutional review of legislation approved in March that limits avenues for challenges to some corporate acts.
* KPMG says the era of the Big Four displacing American law firm work is just beginning. Bloomberg Law News ] * Judge says DOJ got some ‘splainin’ to do about this Adams dismissal. Bloomberg Law News ] * Judge says DOJ got some ‘splainin’ to do about this Adams dismissal. It’s back! [
Chief Judge Connolly in Delaware says they do, and in In re Nimitz, the Federal Circuit denied a request to stop the judge’s inquiry. Later the district court became aware that IP Edge LLC was assigning patents to various LLCs, who in turn were acting as plaintiffs in patent cases filed in the District of Delaware.
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.
.” At the time of Weiss’ appointment, he was a US Attorney for the District of Delaware. The federal gun charges against Hunter Biden, brought in the state of Delaware, stem from the allegations that Hunter Biden lied about his drug addiction on federal firearm purchase forms.
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