Chief Justice Myron Steele of the Delaware Supreme Court has announced his retirement, effective November 30.
Posts for "Corporations" filter
Ronald Coase, one of the pioneers of the field of law and economics and author of the most frequently cited law review article of all time, has died. He was 102.
In In re Trados Inc. Shareholders Litig., C.A. No. 1512-VCL (Del. Ch. Aug.
Kevin Brady at Delaware Litigation Blog has the story.
Delaware holding companies are a byproduct of Delaware state income tax law that allows out-of-state companies to exempt some of their income from taxation. Specifically, the Delaware Code provides that:
In Cook v. Patient Edu, LLC, 2013 WL 2501940 (Mass.), the Massachusetts Supreme Judicial Court has held that under Massachusetts state law (specifically, the Wage Act), managers of a limited liability company can be found liable for unpaid wages to employees of the LLC.
Francis Pileggi has the details.
Full details available here.
At glbperspective.com, a piece on the use of Delaware as domicile of choice (and the C-corporation as the primary entity of choic