Experience
Richards Layton has a market-leading legal opinion practice covering all aspects of Delaware law and a wide range of federal bankruptcy law. Our attorneys are frequently engaged by sophisticated clients and outside counsel to render opinions on Delaware corporations, LLCs, partnerships, and trusts. These entities and our opinions are often crucial to the structuring of large domestic and international transactions, both public and private. Our legal opinions routinely address formation and existence, power and authorization, enforceability under Delaware law, perfection of security interests, substantive non-consolidation, non-dissolution/bankruptcy remoteness, true sale/contribution, cross-border matters, and other concerns.
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Shareholders’ Rights & Shareholder Activism 2026: USA – Delaware
Chambers and Partners | October 7, 2026
Despite increased competition from other jurisdictions seeking to expand their corporate franchise and business courts, Delaware remains the pre-eminent jurisdiction for incorporation in the USA, with roughly two-thirds of the Fortune 500 and well over two million business entities continuing to call Delaware their corporate home. In the past two years, Delaware has seen significant developments…
Financial Modernization in the First State
Delaware Banker | Summer 2026
In the first half of 2026, the Delaware General Assembly passed a series of bills to begin to modernize Delaware’s financial services industry for the 21st century, based in part on the recommendations of a small task force convened by Governor Matt Meyer to consider ideas for financial innovation. This financial modernization package is comprised of…
Private Equity 2026: USA – Delaware
Chambers and Partners | September 28, 2026
Addressing End-of-Life Issues in Delaware FundsA record amount of private equity capital currently sits in funds that many investors expected to have fully wound up years ago. As of the end of 2025, the net asset value (NAV) of US private equity assets held in funds at least a decade old was USD348.5 billion, about three…
Del. Ruling Clarifies Public Benefit Corp. Fiduciary Duties
Law360 | August 27, 2026
In Drakes Landing Associates LP v. Tilden Park Capital Management LP, the Delaware Court of Chancery provided landmark guidance for practitioners and directors of Delaware public benefit corporations on the fiduciary duties owed by PBC directors and the statutory protections applicable to their decisions. The July 29 decision squarely addressed, for the first time in a…
M&A Advisor Disclosures After Brookfield, Inovalon and Berger
Delaware Business Court Insider | August 26, 2026
The Delaware Court of Chancery’s decision in Berger v. Fox clarifies that M&A proxy disclosures are sufficient when they identify relevant adviser relationships and fees, including the “rough scale” of concurrent engagements, without requiring exact dollar amounts or disclosure of every immaterial relationship.…
Annual Meetings of Stockholders: An Overview of Delaware Law Considerations
The Corporate Governance Advisor | September/October 2026
This article outlines the key steps for planning an annual stockholders meeting under Delaware law, including meeting notice, relevant voting standards and other logistical considerations, as well as considerations specific to virtual meetings.…
Delaware Business Court Insider | June 24, 2026
Recent Delaware decisions provide practical guidance relevant to directors and officers of Delaware corporations who employ two emerging technologies in strategic transaction processes: disappearing instant messages and AI-assisted legal advice. In In re World Wrestling Entertainment Merger Litigation, the Delaware Court of Chancery addressed spoliation of electronically stored information (ESI) under Court of Chancery Rule 37(e)…
Delaware Establishes Blockchain and Digital Innovation Task Force
May 12, 2026
Mark Purpura of Richards, Layton & Finger Appointed to Industry Seat The Delaware General Assembly has established the Blockchain and Digital Innovation Task Force, a body charged with examining how Delaware can maintain and enhance its position as a leader in blockchain and digital asset innovation. Senate Concurrent Resolution 143 (SCR 143), sponsored by Senator…