Blog: Corporate -Counseling & Litigation

2021 Amendments to Delaware’s General Corporation Law and Alternative Entity Statutes

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In Corporate -Counseling & Litigation | On June 30, 2021

In its current session, the Delaware legislature passed a number of amendments to the Delaware General Corporation Law (the “DGCL”), the Delaware Limited Liability Company Act (the “DLLCA”), the Delaware Revised Uniform Limited Partnership Act (“DRULPA”) and the Delaware Revised Uniform Partnership Act (“DRUPA” and, together with the DLLCA and DRULPA, the “alternative entity statutes”). Delaware Governor John […]

Delaware’s Governor Adopts Tenth Amendment to State’s COVID-19 Order, Addresses Annual Stockholder Meetings

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In Corporate -Counseling & Litigation | On April 7, 2020

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 […]

Connolly Gallagher Successfully Defends Former CEO of United Airlines

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In Corporate -Counseling & Litigation | On March 18, 2019

In City of Tamarac Firefighters’ Pension Trust Fund v. Corvi, the plaintiff stockholder brought a derivative action against United Continental Holdings, Inc. (“United Airlines”) and its board of directors for wrongful demand refusal, waste, and unjust enrichment related to a separation agreement it entered into with its former CEO. 2019 WL 549938 (Del. Ch. Feb. […]

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