MGLS INSIGHTS

Updates and Insights from the team at Matthew Glick Legal Services.


 
Posts tagged DelewareLaw
Changing From a Corporation to an LLC Can Erase Legal Rules That Protect Minority Owners

Converting a corporation to an LLC can change critical protections for minority owners. Learn how a Delaware Court of Chancery case involving fiduciary duties, alleged self-dealing, and non-ratable benefits shows why owners and advisors should closely review governance, exculpation, and fiduciary-duty provisions before a corporate restructuring.

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Pause the Earnout Clock

A landmark Delaware M&A ruling shows the power of post-closing operational covenants. Learn how the Court of Chancery used mandatory injunctions, executive reinstatement, platform restoration, and earnout tolling to enforce bargained-for governance rights—and why buyers, founders, and deal counsel should pay close attention to operational control provisions in acquisition agreements.

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