Corporate Governance

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...

Delaware Divisive Merger Statute Takes Effect

An amendment to the Delaware Limited Liability Company Act that allows for the division of LLCs recently took effect....

Super Voting Stock: The Advantages and Pitfalls

The idea of so-called super voting stock can be appealing to founders concerned about losing control of their company....

Delaware Court Says Stockholder Entitled To Merger-Related Emails, Communications

The Delaware Chancery Court recently granted a request from a stockholder of Globalstar Inc. to inspect certain emails and...

Delaware Legislation Allowing For Division Of LLCs Moves To Governor’s Desk

The Delaware state legislature has passed a bill that contains a number of amendments to the Delaware Limited Liability...