Responding to the needs of publicly traded corporations navigating the COVID-19 epidemic, Delaware Gov. John C. Carney issued a modified State of Emergency Order (the Order) authorizing public companies to conduct stockholder...more
In its highly anticipated decision in Salzberg v. Sciabacucchi, No. 346, 2019 (Del. Mar. 18, 2020), the Delaware Supreme Court confirmed the facial validity of a provision contained in certificates of incorporation of many...more
3/31/2020
/ Articles of Incorporation ,
Board of Directors ,
Business Conduct Standards ,
Bylaws ,
Directors ,
Disclosure Requirements ,
Federal Jurisdiction ,
Fiduciary Duty ,
Salzberg v. Sciabacucchi ,
Securities Act of 1933 ,
Stock Issuance
On March 25, 2020, Governor Tom Wolf announced a $60 million COVID-19 Working Capital Access Program (CWCA), administered by the Pennsylvania Industrial Development Authority (PIDA), to provide loans of up to $100,000 for...more