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Delaware Supreme Court applies MFW framework to other conflicted transactions

Defendants argued that, outside that context, any one of three different procedural mechanisms, drawn from Delaware Corporations Code § 144(a), “could invoke business judgment review in controlling ... read more

Stay in Your Lane! Delaware Court Invalidates Stockholder Agreement Provisions that Encroach on Board Authority

Statutory Authority of Board of Directors Section 141(a) of the Delaware General Corporation Law (the “DGCL”) provides that: “the business and affairs of every [Delaware] corporation … shall be ... read more

$1B Has Been Invested Into the Delaware River Waterfront in the Past Decade, Another $10B Could Be Forthcoming

According to an economic impact report commissioned by the Delaware River Waterfront Corporation, private developers invested nearly $1 billion into Delaware ... read more

Lewis Brisbois Adds New Partner in Delaware

Lewis Brisbois Bisgaard & Smith welcomed Ann Kashishian to its Wilmington office as a partner in the firm’s complex business and commercial litigation and bankruptcy and insolvency practices. read more

Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board

NYSE:CCI) Delaware Court of Chancery Grants Expedition and Discovery in Hearing on Company's Last-Minute Expansion of Board ... read more

Federal judge rejects Hunter Biden’s attempts to throw out gun indictment in Delaware

A federal judge has rejected several attempts by Hunter Biden to throw out his felony gun indictment in Delaware. read more

Investors pour $1B into Delaware River waterfront projects over 10 years

There’s a steady pipeline of projects planned along the Philly waterfront — including apartments, retail and a public park — even though one developer paused mid-construction. read more

White House forum showcases federal dollars working in Delaware

President Biden addressed the Delaware delegation at the beginning of the event in what White House personnel said was a surprise visit. read more

The Power Of Beneficial Ownership In Delaware Statutory Trusts

The Delaware Statutory Trust and its innovative “beneficial ownership” in the trust component are powerful tools used by investors across a range of investment vehicles. read more

Delaware daily roundup: Leadership shifts; grow your NET/WORK; $92M for bridge protection

• The nearly 75-year-old Delaware Memorial Bridge isn’t required to meet the safety standards of modern bridges. The $92 million Ship Collision Protection System currently being installed is designed ... read more

Target Employee Secures Doors in Delaware Store Amid 'Intense' Thunderstorm

Employees at a Target in Newark, Delaware, were forced to lock the doors as hail carried by an intense thunderstorm was coming inside the building on Monday, April 15, according to a witness.Footage ... read more

Delaware Baseball Hall of Fame to induct these 7, including a former MLB player

Long-time state American League power Stahl Post 30, two high school coaches, ex-Blue Hens among the 2024 selections. read more