The Delaware Corporate and Legal Services blog hosts a short piece explaining the business judgment rule, a critical component of corporate law.
Facebook has filed suit against a number of major law firms, including DLA Piper and Milberg LLP, that represented a party-opponent.
Judge James T. Vaughn, Jr.
Consider the persimmon. No wild fruits are so sweet and delectable as ripe persimmons after the first fall freeze, if you can beat the birds to them. But a green persimmon is not just less tasty; it is inedible. Not even a ‘possum will eat a green persimmon.
Some types of business entities (most famously, corporations) offer limited liability to their managers, owners, and officers. That is, under most circumstances such parties will have no personal liability for debts incurred (through tort or contract) by the business entity.
It's a few months old, but this article from the Florida Bar Journal on Florida’s New Revised LLC Act is worth reading.
Berger Harris partner and Business Law Basics co-blogger Michelle Quinn will be a presenter of a webinar entitled "
The Delaware General Assembly recently passed several bills which could have a substantial impact on financing transactions involving Delaware entities. Some of the noteworthy bills are amendments to the