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What's Hot In Delaware

Delaware Real Estate Law Update: Estimated Taxes for Non-Resident Sellers of Delaware Real Estate - On June 11, 2010, Governor Markell signed into law House Bill 349, which requires non-resident sellers of Delaware real estate to report and remit an estimated state income tax on capital gains recognized from the sale of that real estate. More >>
Delaware Real Estate Law Update: Commercial Loan Insurance Requirements Now Enforceable - On July 27, 2010, Governor Markell signed into law House Bill 371, which corrected a long standing problem for lenders making commercial loans in Delaware. More >>
Judge Stark Sworn in as Judge for the District of Delaware - On August 16, 2010, Leonard P. Stark was sworn in as a U.S. District Court Judge for the District of Delaware. More >>
Chancery Court Analysis of Rights Plan with a 20% Trigger: Yucaipa American Alliance Fund II, L.P. v. Riggio et al. - In Yucaipa v. Riggio, the Delaware Court of Chancery confirmed in a post-trial decision that a board's decision to adopt and maintain a stockholder rights plan triggered upon the acquisition of beneficial ownership of more than 20% of the company's shares is subject to Unocal review, even where the board "grandfathers" an existing significant stockholder from the operation of the plan. More >>

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