Practical Considerations in Drafting a Delaware Asset Protection Trust
The validity of Domestic Asset Protection Trusts has been addressed by a variety of commentators. While the consensus among practitioners appears to be that such Trusts are an effective vehicle for asset protection and other planning purposes, after nearly eight years on the books, the statutes have yet to be truly tested and much remains to…
Delaware Laws & Programs Affecting Business
This Guide presents an introduction to Delaware and an overview of laws and programs relating to doing business in our State.
Delaware Bankruptcy Court Announces Bright-line Rule for Use of Lock-up Agreements in Chapter 11 Cases
The U.S. Bankruptcy Court for the District of Delaware has issued bench rulings in two recent cases, In re NII Holdings Inc. and In re Stations Holdings, which together establish a bright-line rule for the use of lock-up agreements in connection with voting on a chapter 11 plan.
A Process – Based Model for Analyzing Deal Protection Measures, 55 Bus. Law 1609
Written Consents – A Powerful Tool in Hostile Battles for Corporate Control
This note will discuss several important aspects of the Delaware written consent mechanism.