Business Law and Corporate Law

The Delaware Court of Chancery has issued its first interpretation of the 2025 amendments to Section 144 of the Delaware General Corporation Law, establishing how courts will evaluate director independence challenges under the statute's new heightened presumption framework. What standard must plaintiffs now meet to overcome the presumption that directors of publicly traded companies are disinterested, and how does this reshape the landscape for derivative litigation?

A Delaware Court of Chancery ruling clarifies when operational authority translates to board membership and examines whether equity interests can survive employment termination. The decision in Tchernavskikh v. Accetturo provides critical guidance on distinguishing officer-level control from director status and interpreting restricted stock agreements in founder disputes.

The Delaware Court of Chancery recently addressed allegations that an e-commerce startup and its executives fraudulently misled investors through inaccurate financial statements and false representations to secure funding. The decision examines whether contractual waivers shield defendants from fraud claims and explores the liability of board designees and major stockholders in alleged investor deception schemes.

North Carolina Governor Josh Stein signed House Bill 517 into law, introducing significant changes to the North Carolina Nonprofit Corporations Act that directly impact homeowners associations and condominium associations across the state.

On July 21, the California Air Resources Board (“CARB”) held a public workshop to provide updates on the implementation of SB 253, the Climate Corporate Data Accountability Act, which requires U.S.-based entities doing business in California with more than $1 billion in annual revenue to disclose their Scope 1, 2 and 3 greenhouse gas (“GHG”) emissions. During the workshop, CARB introduced a revised reporting deadline, a phased-in approach to Scope 3 reporting, changes to the treatment of insurance companies, and proposed assurance requirements that would apply from 2027 and beyond.

The Delaware Court of Chancery has issued its first interpretation of the 2025 amendments to Section 144 of the Delaware General Corporation Law, establishing how courts will evaluate director independence challenges under the statute's new heightened presumption framework. What standard must plaintiffs now meet to overcome the presumption that directors of publicly traded companies are disinterested, and how does this reshape the landscape for derivative litigation?

Under SEC-Chairman Paul Atkins, the Securities and Exchange Commission has proposed a new set of rules that would permit electronic delivery as the default method of delivery for all required disclosures under the federal securities laws. [1] If adopted, this would mark a foundational and very welcome shift in how registered investment advisers, investment companies, business development companies, broker-dealers, transfer agents, and other regulated entities may deliver required disclosures to investors, clients, and other market participants.

Attorney Caleb J. Tingstad explores the complex ethical landscape of lawyer conflicts of interest in Washington shareholder disputes, examining when attorneys can and cannot represent parties in corporate disagreements. This webinar addresses critical professional responsibility issues that arise when legal counsel navigates competing interests among shareholders, corporations, and related entities.

The Takeover Panel has published a consultation paper (PCP 2026/1) on a range of miscellaneous amendments to the Takeover Code. The Panel says that the proposals are intended to clarify...

With the passing of Delaware House Bill 400 (“HB 400”), a series of fee increases have been implemented, including higher annual franchise taxes and expedited service fee maximums for corporate filings.

The hotel industry in 2026 faces a critical inflection point where technology investment alone no longer guarantees competitive advantage. As AI adoption accelerates, sustainability mandates tighten, and traveler behaviors shift amid economic uncertainty, the defining factor becomes whether hotels have transformed their technology into meaningful guest experiences. This analysis explores how hospitality brands can bridge the gap between technological capability and customer-centric innovation.

On June 12, 2026, the U.S. District Court for the Eastern District of New York issued a decision in Kiddie Academy Domestic Franchising, LLC v. Paradise Organization Corp., 2026 WL 1705964 (E.D.N.Y. June 12, 2026)...