Yesterday, Delaware’s governor, John C. Carney adopted a tenth amendment to the state’s COVID-19 related emergency order. Among other things, the amendment allows publicly listed Delaware corporations to notify stockholders of a change in their annual stockholder meeting from in-person to virtual solely by a document publicly filed by the corporation with the Securities and […]
In Trusts and Estates | On April 6, 2020
On Sunday, March 15, the Federal Reserve lowered the Federal Funds Rate to near zero. Designed to ease the burden on financial markets by making borrowing easier, the action – at a time of lowered stock values – created an opportune time to establish a Grantor Retained Annuity Trust as part of an overall estate […]
With Governor Carney’s order on Sunday, March 22, 2020, which ordered non-essential businesses (that includes public schools) to close “until May 15 or until the public health threat is eliminated,” the new March 18 federal employment law is even more likely to impact a large number of Delaware employees and employers in the coming weeks. […]
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