The Texas Legislature recently has taken Texas-sized steps intended to make the state a more attractive place for companies to form, reincorporate, or relocate, further advancing Texas’s efforts to rival Delaware as a...more
7/8/2025
/ Attorney's Fees ,
Business Court ,
Business Entities ,
Business Formation ,
Corporate Governance ,
Delaware ,
Delaware General Corporation Law ,
Derivative Suit ,
Disclosure ,
Duty of Care ,
Incorporation ,
Jury Trial ,
Legislative Agendas ,
New Legislation ,
Regulatory Reform ,
Shareholder Rights ,
Shareholders ,
Stocks ,
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Texas
On March 25, 2025, Delaware enacted amendments to the Delaware General Corporation Law ("DGCL") that provide much-needed clarity, promote predictability for the benefit of stockholders and fiduciaries alike, and appropriately...more
3/27/2025
/ Amended Legislation ,
Board of Directors ,
Business Litigation ,
Corporate Governance ,
Delaware ,
Delaware General Corporation Law ,
Doing Business ,
Fiduciary Duty ,
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New Legislation ,
Regulatory Reform ,
Risk Management ,
Shareholders
Controlled companies and their directors appealed the denial of their motions to dismiss claims by stockholder-plaintiffs challenging the conversions of the companies from Delaware to Nevada corporations....more
In Short -
The Situation: The Delaware Court of Chancery recently held that supplemental disclosures must be "material" to warrant mootness fees in litigation challenging the disclosures for M&A transactions. Anderson v....more