CHAMBERS USA QUOTES A CLIENT AS SAYING,
"The Delaware Counsel Group is a well-regarded group noted for its high quality counsel to national and international clients and recognized for its highly adept work in complex transactions. The firm is comprehensive in its advice and client service, and its awareness of our business goals is exceptional."FIRM OVERVIEW
The Delaware Counsel Group LLC (“DCG” or the “Firm”) exclusively represents Delaware corporations and alternative entities in complex national and international business transactions and corporate-governance-related issues with a Delaware connection. The Firm is regularly called upon to render Delaware opinions and corporate-governance advice that is relied upon by businesses and regulatory agencies around the world.
DCG is the only option in Delaware, other than the handful of large law firms, that has the sophistication to handle significant legal transactions. The Firm’s clients include Fortune 500 companies, venture capital firms, private equity firms, mutual funds, trust companies, boards of directors and the management of alternative entities.
Companies across the globe choose Delaware Law to govern their business.
LEARN WHYNews
Delaware Relief for B Corps Adopted Into Law!
As noted in prior news updates, a big impediment to corporations converting to B corps, appraisal rights, has been eliminated. The bill, as adopted into law, can be viewed here. Stay posted for news regarding other amendments of interest. Should you have any...
The Delaware Counsel Group’s Ellisa Habbart featured in the forthcoming “Overview of General Corporate Law Compliance” Webinar presented by Financial Poise™
Corporate compliance is what you do after forming an entity to make sure the business remains in good standing with specific state law requirements. This webinar discusses how to maintain compliance with various state law requirements, including Delaware. Notice...
THE DELAWARE COUNSEL GROUP’S ELLISA HABBART AUTHORS DELAWARE CHAPTER IN THE 10th EDITION OF THE CORPORATE GOVERNANCE REVIEW
Law Business Research Ltd. Is delighted to announce the publication of the Tenth Edition of The Corporate Governance Review, which provides overviews of corporate governance regimes worldwide. Delaware is the only U.S. state that features its own individual chapter,...
Delaware Development Could Be A Game-Changer For Delaware Public Benefit Corporations
The signatories to the Business Roundtable’s Statement on the Purpose of a Corporation committed to lead their companies “for the benefit of all stakeholders-customer, employees, suppliers, communities and shareholders”. A Delaware public benefit corporation may be...
Law Updates
EQUITABLE RELIEF IS NOT A REMEDY FOR BREACH OF CONTRACT
In AM General Holdings LLC v. The Renco Group, Inc., C.A. No. 7639-VCS (Apr. 10, 2019), a member of an LLC requested the Court to remove the managing member. The LLC agreement did not provide a mechanism for removal. In a previous decision, the Court dismissed the...
REMOVAL OF REFERENCES IN A FULLY INTEGRATED AGREEMENT ELIMINATES THEIR EFFECT
In Quantlab Group GP, LLC v Eames, C.A. 2018-0553-JRS (Mar. 19, 2019), a purported election was held to remove a general partner and replace it with another LLC. The general partner disputed this purported removal and election. The limited partners requested the court...
A PROVISION WHICH SPECIFICALLY NAMES THE PARENT AND A PARTICULAR SUBSIDIARY DOES NOT COVER A SUBSEQUENTLY BOUGHT SUBSIDIARY
In Silver Management Group, Inc. v. AdvisorEngine Inc., a licensor sued a licensee for license fee under licensing agreements. Under the agreements, the licensee was entitled to sub-license the licensed product. A Particular provision required the licensee to share...
CONTROLLING SHAREHOLDER’S CONSENT TO PERSONAL JURISDICTION WAS IMPLIED BY ITS SUBSTANTIAL CONTROL OVER THE BOARD THAT ADOPTED FORUM-SELECTION BYLAWS
In In Re Pilgrim’s Pride Corporation, Consol. C.A. No. 2018-0058-JTL (Mar. 15, 2019), minority stockholders sued the controlling stockholder which was a Brazilian entity in connection with the corporation’s acquisition of subsidiaries owned by the controlling...
