Insights

Dan Butz co-authored an article discussing chapter 11 in the commercial real estate sector, and ways distressed companies can drive the corporate restructuring process.

Yesterday, the Senate confirmed Magistrate Judge Jennifer L. Hall to be the next United States District Judge for the District of Delaware by a 67-29 vote, one of the widest margins for any Biden judicial nominee.

Morris Nichols’ Delaware Trust Law Companion is an invaluable resource for professionals whose practice involves Delaware trusts.

Melissa DiVincenzo, Dave Harris, Matt Darby, and Emily LaSpina contributed an article to Bloomberg Law outlining several 2023 amendments to the Delaware General Corporation Law (DGCL) and the Delaware “alternative entity” statutes.

Trust Act 2023 includes amendments to Delaware’s “APT Act” and statutes concerning spendthrift, disposition of marital property, change of situs, place of administration, designated representatives, and PPLI premiums.

Morris Nichols attorneys Bill Lafferty, John DiTomo, and Matt Clark contributed nine guides on Delaware litigation to Practical Law Litigation. 

Morris Nichols attorneys Patricia Vella and Hallie Snyder Sacchetta contributed written summaries to this resource.

Magistrate Judge Jennifer L. Hall has been nominated to fill the vacancy on the U.S. District Court for the District of Delaware at the end of this year.

The Corporate Transparency Act (the “CTA”) was passed in Fiscal Year 2021. Starting January 1, 2024, reporting companies will have disclosure obligations. Members of the trust industry and their advisors will be monitoring developments closely for additional guidance regarding CTA application in unique circumstances.

Designed for the unclaimed property professional and companies involved in Delaware unclaimed property audits and voluntary disclosure agreements, Morris Nichols’ Unclaimed Property Companion contains essential reference documents on Delaware and national unclaimed property law.

On February 23, 2023, the Delaware Supreme Court issued a Standing Order designating the five Superior Court judges who serve on that court’s Complex Commercial Litigation Division as Vice Chancellors empowered to hear and resolve any case filed under Section 111, as selected by the Chancellor of the Court of Chancery and the President Judge of the Superior Court.

Tarik Haskins writes on trends relating to pledges of limited liability company or limited partnership ownership interests as collateral in connection with secured financings.

Morris Nichols’ M&A Checklist summarizes key cases decided by the Delaware courts. Now updated for 2023 and available in PDF format, it is an essential tool for M&A dealmakers.

A look back at patent filings, trials, decisions on key issues, and notable developments in the US District Court for the District of Delaware in 2022.

Tarik Haskins contributed an article on the Court of Chancery’s recent opinion in Ainslie v. Cantor Fitzgerald, L.P. considering non-compete provisions set forth in a partnership agreement.

On Januray 26, 2023 Arsenal Intermediate Holdings, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

On January 22, 2023, AD1 Urban Palm Bay, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. 

On January 16, 2023, GigaMonster Networks, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

On January 16, 2023, Performance Powersports Group Investor, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

On January 11, 2023, FB Debt Financing Gurantor, LLC and certain of its affiliates filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

On January 11, 2023, Tricida, Inc. filed a voluntary petition under Chapter 11 of the United States Bankruptcy Code in the U.S. Bankruptcy Court for the District of Delaware.

Judge Richard Andrews intends to take Senior Status at the end of December 2023.