The General Corporation Law now includes a Section 116, which creates a “safe harbor,” permitting electronic documentation, delivery and signature for the wide variety of transactions. First, Section ...
Most startup founders form a Delaware C corporation as it is the preferred legal entity of most investors. However, some founders instead form a California LLC when they expect to have losses their ...
The board of directors of any Delaware corporation proposing to merge is required under Delaware law to adopt a resolution approving the merger agreement. In the real ...
When it comes to shareholder litigation, one of the first signs that litigation may be imminent comes in the form of a “books and records” request. A books and records request is a request, made by or ...
Osiris America Inc., a Delaware corporation, has filed an application to register to do business in this Commonwealth under Chapter 4 of the Associations Code. Osiris America Inc.'s proposed resident ...
Across the United States, the theory that businesses exist to maximize shareholder value remains dominant, and business leaders can and have been held liable for failing to uphold that responsibility.
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