Changes to Delaware’s Commercial Code available in
CSC’s Delaware Deskbook
By Eric Geringswald | CSC
Delaware’s governor John Carney recently signed legislation making sweeping changes to the state’s Uniform Commercial Code.
More than 70 sections of Title 6 of the Delaware Code were amended or added by the Act, addressing commercial transactions involving emerging technologies such as virtual currencies, non-fungible tokens (NFTs), and distributed ledger technologies (also known as blockchain).
Delaware Laws Governing Business Entities Annotated
Those changes, along with more than a dozen amendments to the Delaware Court of Chancery Rules, are captured in the Spring 2024 edition of CSC’s Delaware Laws Governing Business Entities Annotated. In-depth legal analyses by noted Delaware attorneys
Matthew J. O'Toole, Michael P. Maxwell and Alyssa G. Frank explore the impact of the legislation coming out of the 2023 Session, while blackline amendment notes following each amended section illustrate the exact text that was added and deleted.
A comprehensive Fee Schedule provides up-to-date information for calculating annual franchise taxes and other related business entity fees. The book also includes online access to more than 150 forms for incorporation, formation, qualification, mergers, dissolution, and name reservation for all business entity types in Delaware via the LexisNexis Store download center. A listing of the forms and contact information for Delaware’s Division of Corporations can be found in the book’s appendix.
Delaware Business Laws
More than 40 new case notes from Delaware courts and courts in other jurisdictions applying Delaware business entity law have been added since the Fall 2023 edition.Volume 2 includes the full text of six significant Delaware cases addressing the latest legal developments concerning merger agreements, derivative actions, shareholder voting, advance notice bylaws, piercing the corporate veil and compensation packages. The Table of New Annotations lists new cases and gray bars in the body of the book indicate where they’ve been added.
The Spring 2024 Edition of Delaware Laws Governing Business Entities Annotated is available as a two-volume softbound book or as an eBook, compatible with dedicated eReader devices, computers, tablets and smartphones that use eReader software or applications. It’s also available on the LexisNexis Digital Library .
Voss on Delaware Contract Law
Delaware contract law frequently governs the formation, interpretation, and enforcement of high-stakes commercial agreements throughout the United States; it also underpins the nation’s predominant corporation and business entities laws.
Citing more than 3,500 authorities spanning more than 100 years, Voss on Delaware Contract Law provides an unparalleled review of that immense body of law.
Transactional attorneys and litigators will benefit from easy access to thousands of thoughtfully selected and organized quotations of cases, statutes, and rules, as well as harder-to-find court orders and transcripts, covering subjects from contract interpretation to contract-related torts, remedies, and comparative law. To further streamline research, this resource contains an innovative “Contract Typology” section, which surveys authorities by type of contract, clause, and phrase, to help identify type-specific considerations and interpretations pertinent to contract drafting and dispute resolution.
Symonds & O’Toole on Delaware Limited Liability Companies, Second Edition
More Delaware limited liability companies are formed each year than any other Delaware business entity.
Symonds & O’Toole on Delaware Limited Liability Companies—referred to in a Delaware Court of Chancery decision as “the leading Delaware LLC treatise”—offers workable solutions for even the most complex transactions and practical insight into case law interpreting the statute, to help practitioners provide the best possible representation and advice to clients looking to make the most of their Delaware LLCs.
Co-author Matthew J. O’Toole is a partner, and co-author Robert L. Symonds, Jr. is a retired partner, at Potter Anderson & Corroon LLP in Wilmington Delaware. Mr. Symonds is one of the original drafters of the Delaware Limited Liability Company Act. Mr. O’Toole is a past chair of the Delaware State Bar Association committee responsible for proposing amendments to that statute and to Delaware’s limited partnership and general partnership laws.
To learn more about Delaware Laws Governing Business Entities Annotated, Voss on Delaware Contract Law, and Symonds & O’Toole on Delaware Limited Liability Companies, call 1.800.533.1637 or visit us online at www.lexisnexis.com/csc.