Carmen Castro-Pagan

1 week ago | news.bloombergtax.com | Jennifer Kay |Carmen Castro-Pagan

Atlas Energy Solutions Inc. will hear this week whether the Delaware Chancery Court will allow an investor to advance claims that its founder and directors shortchanged public stockholders when they reorganized the company. Here’s a look at what’s on the calendars for the Chancery Court and Delaware Supreme Court:Tuesday: Ayers v. Brigham, Del. Ch., No. 2024-0694, ruling 6/17/25. At issue: Vice Chancellor J.

1 week ago | news.bloombergtax.com | Jennifer Kay |Carmen Castro-Pagan

Atlas Energy Solutions Inc. will hear this week whether the Delaware Chancery Court will allow an investor to advance claims that its founder and directors shortchanged public stockholders when they reorganized the company. Here’s a look at what’s on the calendars for the Chancery Court and Delaware Supreme Court:Tuesday: Ayers v. Brigham, Del. Ch., No. 2024-0694, ruling 6/17/25. At issue: Vice Chancellor J.

2 weeks ago | news.bloombergtax.com | Mallory Culhane |Carmen Castro-Pagan |Laura Francis

Nineteen states convinced a federal judge on Friday to block the Trump administration from implementing provisions of an executive order requiring proof of citizenship to register to vote and banning counting valid mail-in ballots that arrive after Election Day. The states challenging the executive order are likely to succeed on the merits of their claims that its provisions are unconstitutional, Judge Denise J.

2 weeks ago | news.bloombergtax.com | Carmen Castro-Pagan

The Delaware Supreme Court agreed Wednesday to review this year’s corporate law overhaul without waiting for legal questions about the changes to come up on appeal. The state high court said it will consider the dealmaking safe harbor and retroactivity provisions in state Senate Bill 21, which have drawn fire in a growing number of shareholder lawsuits that say they violate provisions of the Delaware Constitution.

2 weeks ago | news.bloombergtax.com | Carmen Castro-Pagan

Delaware’s top court agreed Wednesday to swiftly review this year’s controversial overhaul of the state’s corporate laws, which set the nationwide tone on board battles, merger fights, executive liability, and shareholder rights. Chief Justice Collins J. Seitz Jr. said the state supreme court will directly consider a dealmaking safe harbor created by state Senate Bill 21—along with another section of the statute making parts of it retroactive—instead of waiting for them to come up on appeal.