Worldwide: Shareholders

In 2009, Washington’s Supreme Court announced in In re F5 Networks that Washington follows Delaware with respect to its standard for pleading demand futility in derivative actions. A previous blog discussed that here.

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...

If you’re on the management team of a Delaware corporation or serve as general counsel to one, it’s only a matter of time before a stockholder shows up with a books and records demand under Section 220...

Debt Finance partner Raquel Smith joins hosts Laura Cicirelli and Eric Weiner to discuss venture debt facilities, unpacking key terms founders should understand including common red flags, covenants, and events of default. The conversation explores building strong relationships within the venture debt ecosystem and examines the broader risks, strategic considerations, and potential pitfalls associated with venture debt financings.

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.

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.

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...

Nasdaq has announced significant changes to its listing standards for special purpose acquisition companies (SPACs), raising the bar for market value requirements on both the Global and Capital Markets. These new rules, set to take effect in May 2026, align Nasdaq's standards more closely with other exchanges and reflect ongoing efforts to address trading risks associated with smaller companies. The changes represent a substantial shift in the regulatory landscape for SPACs seeking public listing.