As states compete to become the preferred jurisdiction for incorporation, Texas has taken a bold step with significant amendments to its Texas Business Organizations Code. Following Delaware’s recent pro-management...more
6/3/2025
/ Board of Directors ,
Business Codes ,
Business Entities ,
Business Judgment Rule ,
Corporate Governance ,
Delaware ,
New Legislation ,
Proposed Amendments ,
Publicly-Traded Companies ,
Shareholder Litigation ,
Shareholder Rights ,
Texas
On April 18, 2024, the New York Court of Appeals (New York’s highest appellate court) issued a decision in Lelchook v. Société Générale de Banque au Liban SAL, --- N.E.3d ---, 2024 WL 1661460 (Apr. 18, 2024) in which it held...more
The COVID-19 pandemic and the drastic measures taken in an effort to mitigate its adverse impact have sent shock waves throughout the US and global financial systems. ...more
4/29/2020
/ Appeals ,
Article III ,
Asset Purchaser ,
Auction ,
Bankruptcy Code ,
Chapter 11 ,
Commercial Bankruptcy ,
Debtors ,
Equitable Relief ,
Financial Institutions ,
Mootness ,
Sale of Assets ,
Section 363 ,
Standing
As a result of the recent unprecedented outbreak of the novel coronavirus (COVID-19), dealmakers and their advisors have yet another set of issues to address in connection with pending and future M&A transactions. While the...more
With considerable adverse impact to the global economy thus far, the pandemic of SARS-CoV-2, which causes the novel coronavirus disease called COVID-19 (COVID-19) is sending businesses world-wide, big and small, and their...more