Maryland lawmakers approved an amendment that permits entities to bring an internal corporate claim in specified circuit courts of Maryland or a federal court sitting in Maryland, or in courts sitting in one or more jurisdictions outside the state. The purpose...
In response to the ongoing COVID pandemic, New Jersey legislators approved statutory amendments allowing business entities to conduct annual meetings, member meetings, and shareholder meetings remotely. The amendments permit entities to use reasonable measures...
New York lawmakers approved amendments that will allow New York business entities to receive service of process through electronic means starting January 1, 2023. According to the new legislation, New York corporations, associations, limited liability companies...
The Delaware General Assembly enacted new legislation during the 2021 session that allows members, managers, and partners (i.e. principals) of LLCs or partnerships, as the case may be, to delegate rights, powers, or duties to someone else, even if such principal...
Nevada legislators voted in the state’s 81 st legislative session to expand the scope of permitted forum selection clauses in a corporation’s articles of incorporation or bylaws, which could have the result of permitting a corporation’s articles or bylaws to require...
Georgia legislators approved several statutory changes during the 2021 legislative session, including new provisions that allow for remote meetings and a new tax option for privately owned S-corporations that could reduce their federal tax liability. A new provision...
The Virginia Assembly amended the state’s business laws during the 2021 session to align alternative entity filings with comparable filings for stock corporations. The changes came in the wake of a comprehensive update of the Virginia Stock Corporation Act during...
Wyoming lawmakers approved a DAO Supplement to the state’s LLC Act during the 2021 session authorizing and providing a business structure to decentralized autonomous organizations (DAOs), the first such law in the nation. The new law, effective as of July 1 of...
There are key differences between Texas and Delaware LLC law that business attorneys must consider when choosing entity type and jurisdiction for large transactions. In an upcoming complimentary CLE* webinar, Texas business attorney Byron Egan of Jackson Walker...
Illinois businesses with 100+ employees (or 50+ employees if a federal contractor) will need to include employment data with their annual reports starting January 1, 2023. The Illinois legislature enacted the amendment to the state’s Business Corporation Act to...
“2020 was an unexpectedly busy year for the Massachusetts courts as those courts’ personnel made genuinely heroic efforts to continue providing essential services and access to justice during a global public health crisis,” writes Massachusetts attorney Kurt Hemr...
Business and legal professionals rely on case law to understand how judges interpret the business laws in their state. New cases can provide important insight and have the potential to impact client activity, business transactions, and disputes. CSC publishes...
Legal and business professionals need to stay on top of new case law and legislative changes in their jurisdictions to advise clients and complete transactions. The 2021 Edition of Connecticut & Rhode Island Laws Governing Business Entities Annotated provides...
In an all-new Special Commentary to the 2021 Spring edition of CSC’s Delaware Laws Governing Business Annotated , attorneys Christopher Kelly and Daniel Rusk of Potter Anderson and Corroon LLP explore the far-reaching ramifications of the Delaware Court of Chancery...