UPDATED 1/8/14 at 3:09 PM: Governor Markell's office confirms that Chancellor Strine has been nominated for the position of Chief Justice of th
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Delaware Law Weekly has an interview with the Delaware Supreme Court's former Chief Justice Myron Steele, who retired from the bench last month.
Lisa Stark has authored a report on recent judicial developments in Delaware corporate law, which can be downloaded here.
The cases discussed include:
An updated and consolidated version of Berger Harris's analysis of Delaware entities and opinion practice (previously published in three parts on this blog), can be downl
The State of Delaware has launched corplaw.delaware.gov, a website dedicated to educating the public about Delaware's corporate law and ass
In Cooper Tire & Rubber Company v. Apollo (Mauritius) Holdings Pvt. Ltd, C.A. No. 8980-VCG (Del. Ch. Nov.
Lawyers drafting contracts (including operating agreements for LLCs and other business entities) often use "notwithstanding anything to the contrary" clauses to lend preclusive effect to a particular section. For example, an agreement might contain a provision that "notwithstanding anything to the contrary in this agreement, any Member may engage in other business without the permission of the Company or the other Members."
A number of recent decisions from the Delaware courts are discussed below.
After concluding that neither party had presented a reasonable valuation alternative method, the Court of Chancery used the merger price to determine “fair value” in a recent statutory appraisal proceeding where the sales process leading up to the merger had been judicially challenged, reviewed a