JD Supra

Delaware Corporation’s Nevada Move Subject to Entire Fairness

In the case of TripAdvisor Inc., the Delaware Court of Chancery held that the corporation’s decision to reincorporate in Nevada is subject to the entire fairness standard. The court found that, based ...
Law

Chancery Holds Proposed Conversion From Delaware Corporation to Nevada Corporation Requires Only Majority OK Under DGCL Statute

Delaware is, and has been for quite some time, the preeminent jurisdiction for incorporation and corporate law in the United States. Notwithstanding Delaware’s longtime leadership in these arenas, ...