Jim advises public companies, boards of directors and committees on Delaware corporation law issues, including corporate governance and fiduciary duties.
In his practice, he advises on corporate governance issues under Delaware law, including in the areas of proxy contests, oversight and compliance, director and officer indemnification and director compensation.
Drawing on his experience with private company financings and acquisitions, he also counsels boards and committees of independent directors on merger and acquisition transactions. His clients hail from a range of industries, including the energy, manufacturing, financial services, media, healthcare, and technology sectors.
Since 2015, Jim has served as a member of the Corporation Law Council of the Delaware State Bar Association, and in that role assists with drafting amendments to the Delaware General Corporation Law (DGCL). Since 2006, he has co-authored a series of articles to annually chronicle the amendments to the DGCL. Jim also served on a committee that drafted the Annotated Model Certificate of Designations for Preferred Stock of a Public Corporation, which is a publication of the Business Law Section of the American Bar Association.
Since 2020, Jim has been selected for inclusion in The Best Lawyers in America, and designated “Lawyer of the Year” for mergers and acquisitions law in the 2021 edition. He has also been mentioned in The Legal 500 US for M&A work as Delaware counsel.
News & Insights
- Media Mention, The Legal 500, 06.10.2021
The Legal 500 United States released its 2021 edition, ranking Morris Nichols in its nationwide guide to the foremost law firms in the United States.
- Speaking Engagement, Virtual, 11.17.2020
- Firm News, 08.20.2020
Thirty-one Morris Nichols attorneys were recognized in the 2021 edition of The Best Lawyers in America. The results are based on peer-review evaluations from more than 67,000 eligible attorneys.
- Firm News, 06.10.2020
The Legal 500 United States today released its 2020 edition, ranking Morris, Nichols, Arsht & Tunnell LLP in its nationwide guide to the foremost law firms in the United States.
- Publication, Wolters Kluwer, 11.27.2019
- Publication, Wolters Kluwer, 08.31.2019
- Speaking Engagement, Wilmington, Delaware, 05.23.2019
- Article, Wolters Kluwer Law & Business, 10.01.2018
The 2018 amendments to the Delaware General Corporation Law (the "DGCL") were recently enacted. The amendments update the ratification statute, Section 204, to address recent case law. Nonstock or "membership" corporations are now also permitted to use the statutory ratification provisions to cure corporate defects.
- Article, Wolters Kluwer Law & Business, 09.2016
The 2016 amendments to the Delaware General Corporation Law (the “DGCL”) were recently enacted.
- Article, Wolters Kluwer Law & Business, 09.01.2015
The 2015 amendments to the Delaware General Corporation Law (the “DGCL”) address important policy topics and make certain technical improvements that should interest practitioners, including changes to the board approvals required to issue stock and changes to Delaware’s statute on ratification of corporate defects.
- Article, Wolters Kluwer Law & Business, 09.2014
The 2014 amendments to the Delaware General Corporation Law (the DGCL) implement relatively minor, but important, improvements to existing provisions.
- Article, 07.01.2013
Rick Alexander, James Honaker, and Daniel Matthews authored “Forum Selection Bylaws: Where We Are and Where We Go from Here,” published in the July 2013 Securities Litigation section of Insights: The Corporate & Securities Advisor (Vol. 27, No. 7).
- Article, 01.01.2013
James D. Honaker, Jeffrey R. Wolters, “Analysis of 2013 Amendments to the Delaware General Corporation Law,” Aspen Publishers, Inc.
- Article, 06.01.2012
James D. Honaker and Eric S. Klinger-Wilensky, members of the Morris Nichols Delaware Corporate Law Counseling Group, authored “Dividends, Redemptions and Stock Purchases” for Practical Law Company’s Practice Note series.
- Article, 01.01.2009
James D. Honaker, Jeffrey R. Wolters, “Analysis of the 2009 Amendments to the Delaware General Corporation Law,” Delaware, Aspen Publishers, Inc. (2009)
- Stockholders in Corporate Governance: Power to the Franchise or the Fiduciaries?: An Analysis of the Limits on Stockholder Activist BylawsArticle, 01.01.2008
Frederick H. Alexander, James D. Honaker, “Stockholders in Corporate Governance: Power to the Franchise or the Fiduciaries?: An Analysis of the Limits on Stockholder Activist Bylaws,” Delaware Journal of Corporate Law, Vol. 33 (2008)
- Article, 12.07.2006
Frederick H. Alexander, James D. Honaker, “The Nuts and Bolts of Majority Voting,” Aspen Publishers, August 2006 (revised Dec. 7, 2006)
- Article, 07.26.2006
Frederick H. Alexander, James D. Honaker, “Amendments Adopted to the Delaware Corporation Law,” Corporate Counsel Weekly, Corporate Practice Series, Bureau of National Affairs, Inc. (July 26, 2006)
- Article, 01.01.2005
James D. Honaker, “A New Approach to Deal Protection in Delaware,” Insights: The Corporate & Securities Law Advisor, Aspen Law & Business (2005)
- Article, 08.01.2003
Jon E. Abramczyk, James D. Honaker, “Going-Private ‘Dilemma’?—Not in Delaware,” 58 Bus. Law. 1351 (Aug. 2003)
Honors & Recognitions
The Legal 500 US, mentioned in M&A Delaware counsel, 2019-2021
The Best Lawyers in America, listed in Delaware mergers and acquisitions, 2021
Professional & Civic
American Bar Association (Business Law Section)
Delaware State Bar Association (Council of the Corporation Law Section, prior secretary)
Society for Corporate Governance
- Law Clerk to the Honorable E. Norman Veasey, Delaware Supreme Court, 2002-2003
University of Virginia School of Law, JD, 2002
Virginia Tax Review, Executive Editor, 2001-2002
University of Delaware, BA, 1999
- Delaware, 2002