The Court of Chancery recently concluded that a member of a Delaware LLC could reach an implied contractual agreement to withdraw as a member of the LLC, even if the
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Delaware Amends DGCL Section 145 to Authorize Captive Insurance Agreements
By Chaney Hall on
Delaware Governor John Carney recently signed into law a bill to amend Section 145 of the Delaware General Corporation Law (“DGCL”) to allow Delaware corporations to use captive insurance for…
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Stockholder Lacks Standing to Seek Inspection After Stock Canceled In Merger
By Chaney Hall on
In Todd Swift v. Houston Wire & Cable Co., C.A. No. 2021-0525-LWW, memo. op. (Del. Ch. Dec. 3, 2021), the Court of Chancery found that a stockholder lacked standing…
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HB 232 Expands Jurisdictional Limit of the Delaware Justice of the Peace Court
By Wali Rushdan on
Effective today, the jurisdictional capacity of the Justice of the Peace Court has been expanded in two significant ways via HB 232, which was signed into law by Governor John…
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Chancery Hearings and Trials to be Held Telephonically for 30 Days
By Fox Rothschild LLP on
This morning, the Delaware Court of Chancery issued Standing Order No. 2 Concerning COVID-19 Precautionary Measures. Pursuant to Standing Order No. 2, all Chancery hearings and trials will be…
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The Delaware Judiciary’s Response to the Coronavirus (COVID-19)
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In light of the outbreak of the novel coronavirus (COVID-19), the Courts of the State of Delaware have issued various standing orders to institute precautionary methods in dealing with this…
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Delaware Supreme Court Justices Confirmed by Delaware Senate
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The Delaware Senate recently confirmed Governor John Carney’s nominees to serve as the Chief Justice and Associate Justice of the Delaware Supreme Court. In October of 2019, former Associate Justice…
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Governor Carney Nominates Two New Vice Chancellors to the Delaware Court of Chancery
By Fox Rothschild LLP on
Recently, Governor John Carney nominated Morgan Zurn and Kathaleen McCormick to serve as Vice Chancellors for the Delaware Court of Chancery. The number of jurists on the Court of Chancery…
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Delaware State Courts Ordered to Adopt 5:00 p.m. Electronic Filing Deadline
By Fox Rothschild LLP on
On July 18, 2018, the Delaware Supreme Court issued an Order to improve attorney work life balance. The Order requires that each state court in Delaware amend their rules to…
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Amendments to Court of Chancery Rules 28, 153 and 170
By Fox Rothschild LLP on
Effective July 1, 2018, certain amendments to Rule 28, Rule 153 and Rule 170 of the Delaware Court of Chancery Rules will go into effect (redline versions of the…
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