Delaware and the SEC

Prof. Larry Ribstein has a post here about an issue that Sunrise Senior Living is confronting (as reported by the New York Times), regarding tension between a Delaware statute requiring annual meetings and the apparent inability, currently, of Sunrise to comply with a federal requirement that it have audited financial... Continue Reading...

Delaware Supreme Court Allows SEC To Ask Questions

The Delaware Legislature recently amended the Delaware State Constitution to allow the SEC to ask the Delaware Supreme Court to answer questions of Delaware law. Previously, Delaware's high court was only procedurally authorized to accept certified questions of Delaware law from trial courts in Delaware and Federal Courts around the... Continue Reading...