NY's Top Court Allows Owner of Delaware LLC to Nix Investor's Buyout Agreement
New York's top court was sharply divided, with the majority ruling that said an LLC agreement governed by Delaware law superseded, by operation of its merger clause, a prior oral agreement between an ...
Nevada Secretary of State celebrates court ruling letting companies leave Delaware
The Nevada Secretary of State is celebrating a recent court ruling that would make it easier for companies to move their ...
JD Supra9h
Delaware Supreme Court Reaffirms High Bar for Proving Control by a Minority Stockholder
Delaware Supreme Court reaffirms that “the test for actual control by a minority stockholder is not an easy one to satisfy.” Supreme Court makes ...
Will an 'Increasingly Litigious Environment' in Delaware Drive Incorporation Out of State?
Litigators say the Supreme Court's decision in a case against TripAdvisor isn't likely to inspire corporations to leave ...
TripAdvisor Ruling Eases 'DExit' Path for Corporate Departures
Delaware’s top court magnified the “DExit” debate last week with a decision that makes it easier for businesses led by ...
Delaware Children's Department, State Department present budget appeals
The Delaware Joint Finance Committee reconvenes to meet with the state Children's and State departments on Thursday.
Joann Fabrics closing up to 500 stores in US after 2nd bankruptcy. See where in Delaware
After a second bankruptcy filing, fabric and craft retailer Joann is closing more than half of its stores, including locations in Delaware.