Legislation amending the General Corporation Law of the State of Delaware has been adopted by the Delaware General Assembly and was signed by the Governor of the State of Delaware on July 7, 2011.

Over the last several years, the rise of electronic discovery, the increasing focus of inhouse counsel on business roles, and the increasing complexity of mergers and acquisitions have expanded signifi cantly the volume and type of potentially privileged documents created in connection with mergers and acquisitions.

In this article, we discuss the current state of Delaware’s fiduciary disclosure regime and the developments over the last three years.

Legislation amending the General Corporation Law of the State of Delaware was adopted by the Delaware General Assembly and was signed by the Governor of the State of Delaware on July 7, 2011.

This guide presents an introduction to Delaware and an overview of the laws and programs relating to doing business in the State.

Delaware Adds to its Jurisdictional Advantages for Asset Protection and Estate Planning Opportunities for Same-Sex Couples.

Under the Delaware Limited Liability Company Act and the Delaware Revised Uniform Limited Partnership Act, if a limited liability company agreement or a limited partnership agreement "provides for the manner in which it may be amended ... it may be amended only in that manner or as otherwise permitted by law."

The Delaware Statutory Trust Act, 12 Del. C. § 3801, et seq. (the "Act"), was amended on July 13, 2011 in order to address several technical issues. The amendments to the Act (the "2011 Amendments") are set forth in House Bill No. 115.

The board members of registered investment companies play a critical role in protecting the interests of shareholders. In order to encourage the diligent discharge of their duties, the board members of registered investment companies in turn need to be protected. Indemnification and advancement, along with insurance, are key components of the protections available to board members with respect to the discharge of their duties.

The Delaware General Assembly has recently enacted legislation amending the Delaware Limited Liability Company Act, the Delaware Revised Uniform Partnership Act and the Delaware Revised Uniform Limited Partnership Act.