Highlights & Analysis of Key Decisions from Delaware's Supreme Court & Court of Chancery
Recent scholarship on the increasingly important topic of SPACs has been published by Michael Klausner and Michael Ohlrogge, entitled: SPAC Governance: In Need of Judicial Review.
The article is available on SSRN, which also includes the following synopsis:
This paper analyzes the relationship between the economic structure of a SPAC, its corporate governance, and
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The Delaware LLC Act, and related alternative entity acts, were amended effective August 1, 2021. There are three particular amendments, in response to three separate court decisions, that are especially noteworthy:
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The recent Delaware Court of Chancery decision in BGC Partners, Inc. Derivative Litigation (Del. Ch. Sept. 20, 2021), was highlighted on the Harvard Law School Corporate Governance Blog (on which I have published several articles over the years.) It provides a helpful analysis of a recent iteration of Delaware law on director independence.
The Delaware State Bar Association’s Professional Ethics Committee, for which I serve as the current Vice Chair, recently published Formal Opinion 2021-1 (July 9, 2021), that addresses the legal ethics issues related to lawyers who work remotely in states where they are not licensed–such as from their homes–as many were required to do when their…
Corporate law scholar Prof. Stephen Bainbridge writes about the titular topic, as a supplement to a recent post on these pages, in which the good professor provides additional citations to cases and learned commentary on this issue, in the context of creeping federalization of corporate law.
One of the country’s foremost corporate law scholars, Prof. Stephen Bainbridge, who readers of Delaware corporate law decisions and readers of these pages will recognize as having earned a place in the pantheon of corporate law luminaries, has commented on the titular topic, based on a recent Wall Street Journal article that discusses a backlash…
Friend of the blog, and widely-recognized corporate law scholar, Prof. Stephen Bainbridge, provides insightful commentary on the titular topic, referenced by Prof. David Skeel. The press of deadlines for paying clients prevents me from adding my own commentary for now.
This is a short compilation of several sources that are useful references for new protocols that are either recommended or required for remote court proceedings, including remote depositions. The links below include reminders of professionalism standards and other norms that still apply in the context of these new technological developments.
A recent post on the well-read blog of Prof. Stephen Bainbridge, our favorite corporate law scholar whose many publications are cited in Delaware court decisions, linked to an article that lawyers and other followers of Delaware corporate law should be interested in, by an eminent Delaware corporate litigator, on the topic of how much…
Regular readers are familiar with nationally-prominent corporate law scholar and friend of this blog, Professor Stephen Bainbridge, whose prolific scholarship is cited in Delaware corporate law decisions. His encyclopedic grasp of Delaware cases on corporate law rivals that of many experienced Delaware corporate law practitioners.