On July 27, 2022, Delaware Governor John Carney signed into law the 2022 amendments to the General Corporation Law of the State of Delaware (the “DGCL”), the Delaware Limited Liability Company Act ...
August 8, 2022 - In 1999, the Delaware Legislature enacted 8 Del. C. § 111 for the purpose of extending the Delaware Court of Chancery's jurisdiction to disputes arising from the application, ...
This column examines these amendments, the history behind Delaware's prominence in the realm of corporate law, and discusses some key differences between LLCs and corporations. Delaware Senate Bill ...
And the risk is real: although a Delaware LLC whose sole business is owning and operating property in New York may be able to claim New York as its “principal place of business” (and accordingly be ...
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Rachel Williams has been an editor for nearly two decades. She has spent the last five years working on small business content to help entrepreneurs start and grow their businesses. She’s well-versed ...
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 ...