Delaware Common Interest Ownership Act Amended and Deferred

On October 31, 2008, Governor Minner signed into law the Delaware Uniform Common Interest Ownership Act. The Act, which was effective October 31, 2008, affects both new and existing communities, including certain maintenance associations.

Proposed Financial Institution Regulatory Reforms

In response to the current economic crisis and near failure of the financial system, President Barack Obama and the members of his administration have proposed sweeping regulatory reforms of the financial services industry.

The Alphabet Soup of the Federal Crisis Programs

This two-part article attempts to make some sense out of the alphabet soup of the federal crisis programs by providing a detailed introduction to each program that has been founded since the passage of EESA in October 2008.

Delaware Supreme Court Reverses Chancery Court’s Lyondell Decision

Before the merger at issue in the case, Lyondell Chemical Company was the third-largest independent public chemical company in North America. Dan Smith was Lyondell’s Chairman and CEO; Lyondell’s other ten directors were independent and sophisticated businesspeople. This article explains what led to The Supreme Court’s reversal of the Court of Chancery’s decision and remanded the…