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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...

Ninth Circuit Finds Liability Waivers In FCRA Disclosures A Willful Violation

In a case of first impression, the Ninth Circuit recently held in Syed v. M-I LLC that a prospective...

Apr 2 · 1 min read >

Could Your Startup Be Paying Too High A Franchise Tax In Delaware?

Each year, the thousands of business corporations that call Delaware home must pay what is known as an annual...

Mar 17 · 1 min read >

When Commissioned Employees Are Entitled to Overtime In California

Employment law in California is different from federal law and, in some respects, can more onerous for employers. One...

Feb 17 · 2 min read >

Phantom Stock: An Attractive Incentive With Some Potential Pitfalls

Phantom stock can be a good alternative to issuing actual stock, allowing companies to compensate and incentivize key employees...

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 >

Delaware Court of Chancery Finds Supermajority Director Removal Bylaw Invalid

The Delaware Court of Chancery recently invalidated a corporate bylaw provision requiring 66 ⅔ percent of the voting power...

Signing Contracts Under Seal: Not Just An Ancient Relic

Signing a contract under corporate seal. It can sound like a formality of a bygone era, but in some...

FTC Increases HSR Act Reporting Thresholds

The Federal Trade Commission recently revised the reporting thresholds for the Hart Scott Rodino Antitrust Improvements Act of 1976,...