Corporate Governance

Delaware Court Allows Stockholder To Inspect AI Company’s Books

The Delaware Chancery Court has allowed a stockholder to inspect an artificial intelligence company’s books and records, rejecting arguments...

Nov 15 · 1 min read >

Delaware Supreme Court Clarifies No Presumption Of Confidentiality In Records Request

The Delaware Supreme Court in a recent ruling clarified that there is no presumption of confidentiality for documents turned...

Delaware Supreme Court Revives Caremark Claim Over Blue Bell Listeria Outbreak

The Delaware Supreme Court has revived a stockholder lawsuit that seeks to hold members of Blue Bell Creameries personally...

Aug 20 · 2 min read >

SEC Provides Clarity For Digital Token Sales

The Securities and Exchange Commission earlier this month issued detailed guidance to companies that want to sell digital tokens,...

Founder’s Stock: Should You Subject It To Vesting Before A Venture Financing?

When the founders of a company invest in their business – either with money or their intellectual property –...

Delaware Supreme Court Upholds Dismissal Of Trade Secrets Case Against PE Fund

The Delaware Supreme Court has upheld a lower court’s decision to dismiss smart home company Alarm.com’s trade secrets case...

Delaware Supreme Court Allows Email Inspection In Books & Records Suit

The Delaware Supreme Court in a recent order ruled an investor that is investigating potential fraud and mismanagement at...

Corporate Forum Selection Provision Not Applicable to Securities Law Claims

A Delaware Chancery Court has held unenforceable corporate bylaws requiring claims brought under the Securities Act of 1933 be...

Jan 2 · 1 min read >

Delaware Supreme Court Clarifies MFW Framework In Take Private Transaction

The Delaware Supreme Court recently upheld a lower court’s decision to dismiss a shareholder lawsuit challenging a $125 buyout...

In A First, California To Require Public Companies Have Female Directors

California Gov. Jerry Brown recently signed into law a bill that will require all publicly traded companies with headquarters...