The Private Company Council has voted to finalize an alternative standard for private companies to use when applying variable interest entity guidance to common control leasing arrangements. The PCC, ...
Applicability of Certain of the DRUPA’s Default Rules (Section 15-103 of the DRUPA). Section 15-103 of the DRUPA was amended to clarify that certain of the DRUPA’s default rules govern a Delaware ...
Provide for ratification of void or voidable acts of LLCs, LPs and Partnerships; Clarify information rights of members and partners of LLCs, LPs and Partnerships; and Update the rules surrounding ...
Vice Chancellor Lori Will's recent post-trial decision in Avgiris Brothers v. Bouikidis, C.A. No. 2021-0741-LWW, 2022 Del. Ch. LEXIS 282 (Del. Ch. Sept. 30, 2022), is a useful reminder of the benefits ...
On June 19, Delaware Gov. John Carney signed into law bills amending the Delaware General Corporation Law (DGCL), the Delaware Limited Liability Company Act (the DLLCA), the Delaware Revised Uniform ...
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