Gordon Smith of and Jordan Lee of Brigham Young University's J. Reuben Clark Law School have published an article on discretion in exercising fiduciary duties.
From the abstract:
Posts for "Equity / Chancery" filter
Post date: Posted on: June 13, 2014
Post date: Posted on: June 11, 2014
Delaware's Division of Corporations reports that 83% of the companies involved in initial public offerings (IPOs) in 2013 were Delaware corporat
Post date: Posted on: April 29, 2014
The Delaware Corporate and Legal Services Blog has posted analysis by retiring Delaware Supreme Court Justice Jack Jacobs of recurring issues in corporate governance law.
Post date: Posted on: April 24, 2014
Professor Benjamin Means of the University of South Carolina School of Law has written an article on the relationship between contract law and family businesses.
Post date: Posted on: April 11, 2014
Andre Bouchard has been confirmed by the Delaware Senate to serve as the 21st Chancellor of the Delaware Court of Chancery.
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 1, 2014
Martin Lipton, inventor of the "poison pill" and co-founder of the law firm of Wachtell, Lipton, Rosen & Katz, spoke at the Corporate Law Institute last week, with
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 can be found at bergerharris.com.