The Delaware courts have addressed a number of significant issues over the past year relating to alternative entities formed under the Delaware Revised Uniform Limited Partnership Act and the Delaware Limited Liability Company Act.

The Honorable John J. Thomas of the Bankruptcy Court for the Middle District of Pennsylvania issued an opinion of apparent first impression under section 547(c)(9) of the Bankruptcy Code. Section 547(c)(9) provides that the trustee in a case filed by a debtor whose debts are not primarily consumer debts may not avoid a transfer under section 547 if “the aggregate value of all property that constitutes or is affected by such transfer is less than $5,475.”

The Delaware Supreme Court recently affirmed the Court of Chancery's May 2009, opinion in San Antonio Fire & Police Pension Fund v. Amylin Pharmaceuticals, Inc. in a summary order.

Information regarding a new law that expands FMLA coverage, exigency leave and caregiver leave.

Whether they are seeking to improve their governance score, or are responding to specific calls from significant or activist stockholders, many boards have considered eliminating their staggered boards.

This article reviews some of the many factors that a corporation may consider when adopting a proxy access bylaw under Delaware law and compares the flexible bylaw provisions to the fixed analogues of the proposed mandatory federal regime.

In a world where mergers affect every corner of the planet, any government seeking competitive markets has an interest in ensuring that these mergers are not harmful to competition. As China, the world’s most populous country, has committed to a market economy, it has now taken the momentous step of enacting its own Anti- Monopoly Law.

In the wake of opinions such as the Delaware Court of Chancery's Trenwick America Litigation Trust v. Ernst & Young, L.L.P., the Third Circuit's In re CitX Corp., Inc., and the Delaware Bankruptcy Court's In re Radnor Holdings Corp., many had proclaimed the controversy theory of deepening insolvency to be "dead."

Lyondell reaffirmed the definition of bad faith set forth by the Court in its Disney opinion and confirmed that Disney’s bad-faith standard applies in the transactional context.

Amendments to legislation affecting Delaware LLCs, general partnerships and limited partnerships have recently been enacted.