01 Aug, 2024 2024 Amendments to the General Corporation Law of the State of Delaware Go into Effect By Vincent J. Cannizzaro III K. Tyler O'Connell Aarish Sheikh Justin Larsen +1 more... Show less The latest amendments (the “Amendments”) to the Delaware General Corporation Law (the “DGCL”) went into effect today, August 1, 2024, to...
24 Jul, 2024 Controlling Stockholder Transactions That Do Not Involve a Freeze-Out Merger May Satisfy MFW to Obtain Business Judgment Review By Albert H. Manwaring IV Delaware Business Court Insider In Kahn v. M&F Worldwide, 88 A.3d 635 (Del. 2014) (MFW), the Delaware Supreme Court ruled that a...
18 Jul, 2024 Chambers High Net Worth Recognizes Morris James - Family Law and Private Wealth Law Practices Awarded By Jill Spevack Di Sciullo James J. Gallagher II Gretchen S. Knight Bruce W. Tigani +1 more... Show less Chambers High Net Worth has, yet again, ranked Morris James, as a leading Delaware law firm for its preeminent family/matrimonial and...
17 Jul, 2024 Chancery Confirms Arbitration Award Resulting in Negative Purchase Price By Vincent J. Cannizzaro III Justin Larsen Aarish Sheikh Delaware Business Court Insider Parties to a transaction agreement often include a provision requiring the parties to arbitrate any...
01 Jul, 2024 2024 Delaware General Corporation Law Amendments By K. Tyler O'Connell ABA Business Law Today (BLT) As part of the annual process of reviewing and updating the Delaware General Corporation Law (“DGCL”),...
19 Jun, 2024 Chancery Reviews SPAC Precedents and Dismisses Complaint for Failure to Show Impairment of Stockholders’ Redemption Rights By K. Tyler O'Connell Delaware Business Court Insider In In re MultiPlan Stockholders Litigation, the Delaware Court of Chancery reasoned that common special...
06 Jun, 2024 13 Attorneys Recognized as Leading Lawyers By Allyson M. Britton Kenneth L. Dorsney A. Kimberly Hoffman Brya M. Keilson Carl "Chuck" N. Kunz III Lewis H. Lazarus James H. McMackin III Stephen M. Miller Eric J. Monzo John H. Newcomer Jr. Jeffrey R. Waxman +8 more... Show less Chambers USA has recognized Morris James, yet again, as a leading law firm in Delaware for its exceptional legal services, client...
28 May, 2024 Chancery Allows Claims to Proceed Against Stockholder Subjecting It to Entire Fairness Review By P. Clarkson Collins Jr. Delaware Business Court Insider An “allegation that a transaction involves a controlling stockholder who stands on both sides is a...
21 May, 2024 Morris James Attorneys Albert Manwaring and Kirsten Zeberkiewicz Contribute to ABA's Annual Survey on Private Equity and Venture Capital By Albert H. Manwaring IV Kirsten A. Zeberkiewicz Morris James Corporate and Fiduciary Litigation Attorneys Albert Manwaring and Kirsten Zeberkiewicz have contributed to an article titled...
14 May, 2024 Court of Chancery Grants Special Litigation Committee’s Dismissal of 'Carvana' Derivative Action By Albert J. Carroll Delaware Business Court Insider Boards of Delaware corporations control the company’s assets, which includes by default derivative claims...
10 Apr, 2024 Chancery Dismisses Derivative Action Based on Plaintiff’s Failure to Allege Particularized Facts Demonstrating Demand Futility By Lewis H. Lazarus Delaware Business Court Insider The power to bring a claim for breach of duty causing injury to a Delaware corporation resides with the...
08 Apr, 2024 Boys and Girls Clubs of Delaware, Inc. Recognizes Partner Lewis Lazarus for His Board Service By Lewis H. Lazarus At its annual retreat on March 21, 2024, the Boys and Girls Clubs of Delaware, Inc. (“the BGCD”) recognized Partner Lewis H. Lazarus for...
01 Apr, 2024 Morris James Launches Full-Service Corporate/M&A Practice By Vincent J. Cannizzaro III Keith E. Donovan Justin Larsen Dawn V. Sheiker Aarish Sheikh +2 more... Show less Welcomes Trio of Skadden Attorneys In a strategic move designed to enhance its corporate transactional, advisory, and governance...
01 Mar, 2024 Delaware Supreme Court Denies MFW Protection Due to Committee’s Financial and Legal Advisors’ Undisclosed Ties with Controlling Stockholder By K. Tyler O'Connell ABA Business Law Today (BLT) Under Kahn v. M&F Worldwide Corp., 88 A.3d 635 (Del. 2014) (“MFW”) and its progeny, controlling stockholder...
01 Mar, 2024 Delaware Court of Chancery Grants Zapata Special Litigation Committee’s Motion to Dismiss Claims against Carvana’s Controlling Stockholders By K. Tyler O'Connell ABA Business Law Today (BLT) In In re Carvana Co. S’holders Litig., ___ A.3d ___, 2024 WL 1300199 (Del. Ch. Mar. 27, 2024), the Delaware...
01 Mar, 2024 Del. Court of Chancery Orders Rescission of Musk’s $55.8B Tesla Compensation Plan By K. Tyler O'Connell ABA Business Law Today (BLT) Tornetta v. Musk, C.A. No. 2018-0408-KSJM, 2024 WL 343699 (Del. Ch. Jan. 30, 2024). In both 2009 and 2012,...