Andre Bouchard has been confirmed by the Delaware Senate to serve as the 21st Chancellor of the Delaware Court of Chancery.
Posts for "Alternative Business Entities" filter
Post date: Posted on: April 11, 2014
Post date: Posted on: April 11, 2014
Most states' limited liability company statutes contain provisions authorizing indemnification and advancement of legal expenses incurred by managers, officers, and other controlling persons resulting from lawsuits against them in their capacity as such. Generally, these provisions allow the LLC to reimburse (indemnify) these "covered persons" for any legal expenses, except where the court finds bad faith, gross negligence, or some other "bad act," and companies may go a step further and pay such expenses during the pending litigation (advancement), provided that if the covered person is found to have committed a "bad act," the advanced funds must be repaid.
Post date: Posted on: April 10, 2014
In an article in the April 4 – 17 issue of the New Hampshire Business Review, attorney John Cunningham offers suggestions on how to reduce liability for the 8.5 percent Business
Post date: Posted on: April 2, 2014
The Alabama Legislature has passed the Alabama Limited Liability Company Law of 2014, a substantially revised and restated version of their prior LLC law.
Post date: Posted on: April 1, 2014
Corporate and business entity taxation is a complex area, fraught with nuance. As most businesspeople are aware, however (and speaking by way of broad overgeneralization), business entities are generally taxed either as corporate or as pass-through entities.
Post date: Posted on: March 31, 2014
Details at bergerharris.com.
Post date: Posted on: March 20, 2014
Andre Bouchard has been nominated by Governor Jack Markell to serve as the 21st Chancellor of the Delaware Court of Chancery.
Post date: Posted on: March 5, 2014
Details here.
Post date: Posted on: March 5, 2014
In several recent decisions, the Delaware Court of Chancery addressed a number of issues relating to mergers and acquisitions and debt and equity financings. In In re Orchard Enterprises, Inc.
By: Lisa R. Stark
Post date: Posted on: February 28, 2014
Berger Harris partner Lisa Stark has been published in Business Law Today, a publication of the American Bar Association.
By: Lisa R. Stark