Corporate Law

The Delaware Counsel Group LLP advises public companies, including Boards of Directors and their committees, as to issues of discharging fiduciary duties, and provides advice in connection with the sale of assets and advice in operating subsidiaries. Often times, we render Delaware legal opinions on these various issues. In the instance where a reasoned opinion is not required, we provide valuable guidance, a detailed response or a quick answer necessary to reach the next stage of a transaction.

Our firm is the exclusive law firm sponsor of Widener University School of Law’s Distinguished Visiting Scholar-in-Residence program. Designed to bring an academic nationally recognized corporate law expert to Delaware, this program has included speakers and commentary by members of the Delaware Court of Chancery and the Delaware Supreme Court. We are proud to support this program.

Examples of Representation

Restructing: advised on issues of Delaware law and provided Delaware legal opinions to a publicly traded $6.9 billion global automotive supplier, with respect to a $3.5 billion exit facility agreement in connection with its emergence from bankruptcy.

Stock Sales: advised on issues of Delaware law and provided legal opinions in connection with the sale of shares in a publicly traded company based in Beijing.

Fiduciary Duties: advised management of a public company on its fiduciary duties to its various limited liability company venture partners.

IPO: reviewed and assisted in preparation of certificate of incorporation and bylaws; assisted in preparation of disclosure regarding same and provided Delaware law opinion with respect to shares to be issued.

Delaware Holding Company: represented Delaware holding company of major U.S. Bank in connection with all board of director and management meetings and Delaware issues.

Board of Directors: represented Board of Directors at annual meeting of shareholders of a public company.

Shareholder Demands: established strategy in compliance with Delaware law along with company’s co-counsel and board of directors.

Delaware Law Updates

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