06 Sep, 2024 An Overview of the Delaware Limited Liability Company Act By Ross Antonacci Nicholas J. Caggiano Jr. Shannon S. Frazier Lewis C. Ledyard III Jonathan G. Strauss +2 more... Show less The DLLC Act Delaware’s reputation as the premier jurisdiction for corporate entities is well known. In recent years, however, Delaware...
21 Aug, 2024 Minority Stockholder Was Not a Controller Because Plaintiff Did Not Adequately Plead Actual Control of the Company’s Business Affairs By Barnaby Grzaslewicz Delaware Business Court Insider It is axiomatic that directors and officers of a Delaware corporation owe fiduciary duties 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...
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 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 A.I. Enthusiasm May Outpace Current Application, But Not For Long By Joseph C. Leonard DSBA : The Bar Journal The topic of Artificial Intelligence dominated both the popular and professional landscapes for the last year,...
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,...
13 Feb, 2024 Shannon Frazier Discusses "DSTs vs. LLCs - Analyzing Strategic Considerations Across Industries to Unlock Investment Potential." By Shannon S. Frazier Webinar in Partnership with CSC Global In partnership with CSC Directors Dave Straub and Greg Daniels, Shannon Frazier spoke on the...
08 Feb, 2024 2023 Delaware Corporate and Commercial Case Law Year in Review By Lewis H. Lazarus Albert H. Manwaring IV Albert J. Carroll Aubrey Morin +1 more... Show less This top ten list summarizes significant decisions of the Delaware Supreme Court and the Delaware Court of Chancery over the past...