August 8, 2022 - In 1999, the Delaware Legislature enacted 8 Del. C. § 111 for the purpose of extending the Delaware Court of Chancery's jurisdiction to disputes arising from the application, ...
This column examines these amendments, the history behind Delaware's prominence in the realm of corporate law, and discusses some key differences between LLCs and corporations. Delaware Senate Bill ...
Provide for ratification of void or voidable acts of LLCs, LPs and Partnerships; Clarify information rights of members and partners of LLCs, LPs and Partnerships; and Update the rules surrounding ...
And the risk is real: although a Delaware LLC whose sole business is owning and operating property in New York may be able to claim New York as its “principal place of business” (and accordingly be ...
In both the corporation and LLC contexts, Delaware law employs consent statutes, which authorize personal jurisdiction over officers and directors of corporations and over managers (in name or in fact ...
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Court refuses to enforce Delaware statutory provision stripping LLC interests upon bankruptcy filing
January 3, 2024 - In In re Envision Healthcare Corp., No. 23-90342, the United States Bankruptcy Court for the Southern District of Texas (Judge Christopher Lopez) addressed a "direct conflict" ...
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