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ABA Seminar on Delaware Corporate Law and Potentially Increasing Federalization

Nov 20, 2009

I am blogging from the ABA Business Law Section Fall Meeting in D.C. This post is the product of the notes taken at the following panel presentation: Federalization of Corporation Law in a Time of Crisis - Which Institutions are Best Able to Improve...

Live Video of Chancery Court Trial in Amirsaleh v. NY Board of Trade

Nov 18, 2009

Amirsaleh v. NY Board of Trade. A short video clip of the trial in this case that is ongoing this week in the Delaware Court of Chancery is available here, courtesy of www.courtroomview.com Prior decisions of the Court of Chancery in this case...

Chancery Court Denies Summary Judgment Based on Disputed Issue of Material Fact; Finds No Meaningful Difference Between "Lack of Good Faith" and "Bad Faith" for Claim of Breach of Implied Covenant of Good Faith and Fair Dealing

Nov 15, 2009

Amirsaleh v. Board of Trade of the City of New York, Inc., C.A. No. 2822-CC (Del. Ch. Nov. 9, 2009), read opinion here. See summaries of prior decisions of the Chancery Court in this case here and here. A video clip of the recent trial in this case is...

Court of Chancery Decides Fiduciary Duty Claims Against LLC Manager and Allows Dissolution Claim to Proceed

Nov 14, 2009

Lola Cars Int'l Limited v. Krohn Racing, LLC, No. 3379-VCN (Del. Ch. Nov. 12, 2009), read 31-page letter decision here. This decision of the Delaware Court of Chancery is chock full of substantive Delaware LLC law that is of practical usefulness for...

Delaware's Competition for Control of Corporate Governance

Nov 14, 2009

Professor Steve Bainbridge writes here about the recent increase in the possibility (risk?) of greater federal encroachment into the governance of the internal affairs of corporations, expanding on the scholarship of Professor Mark Roe that we have...