Corporate Governance

Delaware Corporate Law Amendments Would Be Another Step Forward For Blockchain

The Corporate Council of the Corporation Law Section of the Delaware State Bar Association last month released a set...

SEC Study Highlights “Troubling Characteristics” Of OTC Stock

The Division of Economic and Risk Analysis of the Securities and Exchange Commission recently published a study that looks...

How Can a Delaware Corporation Validate Defective Past Acts?

The Delaware Court of Chancery recently addressed an issue of first impression involving the types of “defective” corporate actions...

Delaware Ruling Provides Cautionary Tale Against Favoring Preferred Stockholders

In a recent decision, the Delaware Court of Chancery refused to dismiss a breach of fiduciary duty claim accusing...

Precision And Drafting: Keys To Ensure Your Agreement To Negotiate In Good Faith Will Be Enforceable

Term sheets, letters of intent and other preliminary documents can be useful for parties in complex negotiations, allowing them...

SEC Adopts JOBS Act Inflation Adjustments

On April 5, 2017, the Securities and Exchange Commission announced it had adopted certain amendments with respect to fundraising...

Use Caution When Entering Into Side Letters With Investors

Side letter agreements have long been used in private equity fund investments to supplement or interpret the terms of...

Delaware Chancery Court Dismisses Suit Challenging Board Compensation Awards

A Delaware Court of Chancery judge recently dismissed a stockholder derivative suit against the directors of Investors Bancorp alleging...

In California, Non-Voting Shares Aren’t Always What They Seem

Business owners often inquire about establishing voting and non-voting shares. The primary motivation is a desire to limit the...

When Abstaining From A DIRECTOR Vote Isn’t Enough To Avoid Liability

Over the last two decades, there has been a rise in the number of actions seeking to hold the...

Feb 9 · 50 sec read >