An Interview with Delaware Supreme Court Chief Justice Myron Steele

Posted on October 31st, 2011 by Francis Pileggi

Delaware Supreme Court Chief Justice Myron Steele was interviewed on this blog about two years ago and that gracious exchange is available here. Eric Ruth of the Wilmington News Journal writes here on his Delaware, Inc. blog about a more … Continue reading →

Delaware Bankruptcy Court Transfers Case to Northern District of Texas

Posted on October 30th, 2011 by Francis Pileggi

In Re: Rehoboth Hospitality LP, C.A. No. 11-12798(KG) (Bankr. D. Del. Oct. 19, 2011). Read opinion here. Issue Addressed Whether a bankruptcy proceeding commenced by an entity whose primary asset is a hotel located in Abilene, Texas should be transferred … Continue reading →

Court of Chancery Clarifies Rights of Minority Shareholders Whose Equity is Diluted

Posted on October 29th, 2011 by Francis Pileggi

Dubroff v. Wren Holdings, LLC, C.A. No. 3940-VCN (Del. Ch. Oct. 28, 2011), read 45-page opinion here. See prior Chancery decisions in this case highlighted on these pages here and here. Issues Addressed The issues addressed in this gem of an … Continue reading →

Abe Lincoln: A Source of Professional and Personal Guidance

Posted on October 29th, 2011 by Francis Pileggi

Courtesy of Kevin O’Keefe is a listing of old-fashioned but still applicable, time-honored advice from my favorite U.S. President, Abraham Lincoln, for professional and personal guidance: Abe Lincoln Jason Baudendistel has a wonderful post today entitled ‘Why Your Business Should Be … Continue reading →

Rule 11 Penalties Imposed

Posted on October 28th, 2011 by Francis Pileggi

There are relatively few Delaware decisions interpreting Rule 11. A recent decision of the Delaware Superior Court added to the sparse Delaware jurisprudence on this issue and observed that Court of Chancery Rule 11 is identical to Superior Court Rule … Continue reading →

LexisNexis Top Business Law Blogs for 2011

Posted on October 28th, 2011 by Francis Pileggi

LexisNexis Corporate Law Update

Posted on October 27th, 2011 by Francis Pileggi

In the latest installment of the LexisNexis Corporate Law Update, Steve Berstler of LexisNexis interviews Francis G.X. Pileggi of Eckert Seamans and Kevin F. Brady of Connolly Bove Lodge & Hutz LLP, who discuss the latest case law developments in … Continue reading →

Court of Chancery is Sued: Confidential Arbitration Procedure is Challenged

Posted on October 26th, 2011 by Francis Pileggi

The Delaware Court of Chancery, and the members of its bench, have been sued in the U.S. District Court for the District of Delaware over the relatively new arbitration procedures that allow for selected lawsuits involving at least $1 million to be filed … Continue reading →

Duties of Directors of Wholly-Owned, Financially Troubled Subsidiaries

Posted on October 25th, 2011 by Francis Pileggi

Professor J. Haskell Murray of the Regent University School of Law, a former law clerk for the Delaware Court of Chancery, has published a paper on an issue about which the Delaware courts have not yet provided clear and unambiguous guidance. An … Continue reading →

Professor Conaway on Piercing the LLC Veil

Posted on October 25th, 2011 by Francis Pileggi

Professor Ann E. Conaway, a distinguished professor at the Widener University Law School, has provided scholarly insights here about her disagreement with some Delaware decisions in terms of how they approach piercing the veil of an LLC and why the … Continue reading →

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