X
26Jun

Delaware Corporate Law Amendments Address Emergency Powers, Public Benefit Corporations and Other Matters

On June 23, 2020, the Delaware General Assembly adopted amendments to the Delaware General Corporation Law (DGCL) proposed by the Delaware State Bar Association, including provisions confirming certain powers that a board of directors may exercise during emergency conditions, and eliminating supermajority voting requirements and appraisal rights in connection with converting to, or merging with,…...
By: Skadden, Arps, Slate, Meagher & Flom LLP
Source Url: https://www.jdsupra.com/legalnews/delaware-corporate-law-amendments-89374/

Related

DOL Proposes New Electronic Disclosure Safe Harbor for Retirement Plans

In April 2011, the U.S. Department of Labor (DOL) requested information from the public on how the D...

Read More >

Flag on the Play for Illegal Procedure: Necessary Parties and the Pitfalls of Nonjoinder

Failure to name a necessary party when challenging a land use determination may result in dismissal,...

Read More >

New IRS Guidance on Section 45Q Carbon Capture and Sequestration Tax Credits: Key Preliminary Takeaways for Potential Market Participants

On February 19, 2020, the IRS published two guidance documents... of significant legal and commercia...

Read More >

The Employment Law Footnote to Local Television Icon Denise D’Ascenzo’s Amazing Career

As someone who grew up in Connecticut and watched Channel 3 news religiously (at least before the in...

Read More >

Investment Funds and Anti-Money Laundering Programs

On May 1, 2020, the Federal Bureau of Investigation issued an intelligence bulletin warning, reporte...

Read More >

Town of East Hampton ZBA Denial of 9.8 Foot Setback Variance for a Patio is Upheld by Appellate Division, Second Department

In July of 2016, Lisa and Robert Gerbino (hereinafter “Gerbinos”) made an application to the Town ...

Read More >