United States: Shareholders

A Delaware court examines fiduciary duty claims in a dilutive cramdown financing, analyzing whether a 26.4% blockholder qualifies as a controlling stockholder and whether directors breached their duties.

When Taylor Swift re-recorded her entire catalog, she executed a massive shift in business asset control that offers crucial lessons for corporate governance. Washington LLCs and corporations face similar challenges when pivoting brand strategy or making significant business changes, requiring formal approval processes and proper documentation to protect their interests.

The Maritime Administration (MARAD) published two companion final rules in the Federal Register on June 4, 2026, that together modernize and streamline the process by which corporations and other business entities...

Peter Sluka wrote a month ago about Matter of Lin v Sun ___ AD3d ___ (2026 NY Slip Op 02065 [1st Dept Apr. 7, 2026]). In Lin, the First Department unanimously rejected a petitioner-appellant’s claim she acquired...

Delaware's legislative response to the corporate reincorporation trend has been constitutionally validated, yet public companies continue departing at an accelerated pace. With Texas emerging as a credible alternative jurisdiction and the 2026 proxy season underway, boards face increasingly complex decisions about where to maintain their corporate domicile.

The federal regulatory landscape for cannabis in the United States is undergoing its most significant transformation in over fifty years, with marijuana rescheduling from Schedule I to Schedule III creating new possibilities for exchange listings.

One design choice has been gaining more traction in sponsor-backed management equity plans: requiring terminated employees to convert vested profits interests into capital units on termination...

A business contemplating a sale or a purchaser contemplating an acquisition of such a business has many issues to consider in the lead up to and consummation of the sale.

When life forces the question of exiting your LLC—through death, divorce, disability, or departure—the difference between a clean exit and financial disaster lies in your operating agreement's transfer provisions.