Delaware Bankruptcy Court Implements Procedure in Response to the Outbreak of COVID-19

On March 16, 2020, the United States Bankruptcy Court for the District of Delaware implemented a General Order in response to the outbreak of COVID-19.  As part of our effort to help our clients and friends navigate this challenging time, the Morris Nichols Business Reorganization & Restructuring Group has summarized this important announcement from the Delaware Bankruptcy Court... Continue Reading

District of Delaware Continues All Jury Trials Scheduled to Begin Before April 30 and Issues Additional Guidance Regarding Other Proceedings

The U.S. District Court for the District of Delaware remains open during the coronavirus outbreak, but the Court issued a new Standing Order today continuing jury selections and jury trials scheduled to begin before April 30, 2020. Jury proceedings affected by the Order will be reset by further order of the assigned judge... Continue Reading

New Unclaimed Property Litigation Filed Against the State of Delaware Does Not Delay Another Round of VDA Invitations

The State of Delaware’s unclaimed property program faces continued legal challenges from the holder community.  In December 2019 alone, four new holders filed complaints in the U.S. District Court for the District of Delaware raising a series of constitutional challenges to Delaware’s conduct of its unclaimed property audits.  These new complaints in many ways mirror the lawsuit filed... Continue Reading

The Delaware Brand: An Introduction

“The dominance of Delaware in entity formations, especially corporations, is well known. But why is this the case, what goes into making – and keeping – the “Delaware Brand?” Delaware is a small state, we have less than one million people and are the second smallest geographically, yet we are the home of more than 60% of the Fortune 500. We are the clear jurisdiction of choice for the... Continue Reading

Limited Liability Companies: Legal Aspects of Organization, Operation, and Dissolution

Morris Nichols partners Lou Hering, David Harris, and Jason Russell are coauthors of the Bloomberg BNA Corporate Practices Series Portfolio, Limited Liability Companies: Legal Aspects of Organization, Operation, and Dissolution. Morris Nichols attorneys Sean Sullivan and Melanie Young are also acknowledged for their significant contributions... Continue Reading

The Equitable Powers of the Bankruptcy Court

Morris Nichols attorney Emily Bryant-Álvarez co-authored a paper with Judge Michelle Harner on the equitable powers of the bankruptcy court. The piece debuted in Fall 2019 at the Annual National Conference of Bankruptcy Judges as part of the program, “Equitable Powers of the Bankruptcy Court 40 Years After the Enactment of the Bankruptcy Code.”.. Continue Reading

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