Recent Delaware Corporate Law Decisions
In recent months, Delaware courts have addressed a number of issues important to Delaware corporations and their advisors.
In recent months, Delaware courts have addressed a number of issues important to Delaware corporations and their advisors.
The Delaware judicial system consists of the Supreme Court, Court of Chancery, Superior Court, Family Court, Court of Common Pleas and Justice of the Peace Courts. The Delaware Constitution of 1897 also establishes a Court on the Judiciary with power to censure, remove or retire judicial officers for misconduct or failure to perform duties. The Supreme…
On May 17, 2012, the United States Department of Justice issued a final rule on the deadline for compliance with the new ADA standards for existing pools and spas, which are applicable to hotels, inns and other public accommodations with pools and spas.
Williams is a director at Richards, Layton & Finger, where he’s worked for 30 years, and chairs its corporate department.
Since the Supreme Court decided Stern v. Marshall nearly a year ago, courts have diverged sharply on whether bankruptcy courts still have authority over fraudulent transfer claims.
In Protas v. Cavanagh, the Delaware Court of Chancery applied corporate law tests in dismissing direct and derivative actions brought against Black Rock Credit Allocation Income Trust IV, a Delaware statutory trust ("BTZ"), BTZ's board of trustees and various other parties.
In Martin Marietta Materials, Inc. v. Vulcan Materials Co., the Court of Chancery upheld a pair of confidentiality agreements and temporarily enjoined Martin Marietta Materials from prosecuting a proxy contest and proceeding with a hostile bid for its industry rival Vulcan Materials Company.
On April 25, 2012 in a private ceremony, Sherry Ruggiero Fallon was sworn in as the third Magistrate Judge for the United States District Court for the District of Delaware.
In Frank v. Elgamal, the Delaware Court of Chancery held that the entire fairness standard would apply to the merger of American Surgical Holdings Inc. with an unaffiliated private equity purchaser.
The D.C. Circuit Court has temporarily blocked the National Labor Relations Board from requiring employers to post a notice informing employees of their rights under the National Labor Relations Act.