This is a webcast of the live New York session.Why you should attend
Delaware law continues to play a critical role in U.S. corporate and securities law, particularly in today’s challenging and changing business environment. This unique annual program focuses on the important Delaware corporate law developments over the past year and the practical impact on your corporate or legal practice. The very top Delaware corporate law experts from the Delaware judiciary, leading law firms and corporations, and academia, will examine the latest case law and practical trends and share their real-world experiences, insights and advice on the issues of greatest concern to the corporate/securities legal community.
What you will learn
- Recent developments in Delaware law: a two-hour discussion of recent opinions of the Delaware Supreme Court and Court of Chancery by leading Delaware practitioners
- Nuts & Bolts of Litigation Practice in the Delaware Chancery Court: What Litigators and Transactional Attorneys Need to Know
- Recent Developments with LLCs and Limited Partnerships
- Judges Roundtable: Perspectives on Multi-Jurisdictional Practice
- Ethical Issues in Delaware law (receive one hour of ethics CLE credit!)
Who should attend
This program is designed for outside counsel, corporate counsel, corporate directors, corporate committee members, investment bankers, consultants and other professionals who need to know the latest developments and important issues in Delaware corporate law.
PLI Group Discounts
Groups of 4-14 from the same organization, all registering at the same time, for a PLI program scheduled for presentation at the same site, are entitled to receive a group discount. For further discount information, please contact membership@pli.edu or call (800) 260-4PLI.
PLI Can Arrange Group Viewing to Your Firm
Contact the Groupcasts Department via email at groupcasts@pli.edu for more details.
Cancellations
All cancellations received 3 business days prior to the program will be refunded 100%. If you do not cancel within the allotted time period, payment is due in full. You may substitute another individual to attend the program at any time.
All times are E.D.T.
Morning Session: 9:00 a.m. - 12:30 p.m.
9:00
Introduction
Hon. J. Travis Laster, Stephen P. Lamb, Gregory P. Williams
9:15
Recent Developments in Delaware Law
Recent decisions from the Delaware Courts relating to:
- Mergers and acquisitions
- Inspection of corporate books and records
- Conflicts of interest involving directors and their advisors
- Disclosure of material information
- Settlement of class and derivative litigation
Moderator: Gregory P. Williams
Speakers: Paula Howell Anderson, Henry E. Gallagher, Jr., William M. Lafferty, Theodore N. Mirvis, Pamela S. Tikellis, Donald J. Wolfe, Jr.
10:45
Break
11:00
Nuts & Bolts of Litigation Practice in the Delaware Chancery Court: What Litigators and Transactional Attorneys Need to Know
- Guidelines
- New filing and seal rule
- Unique practice pointers
- Deposition practice in the Delaware Courts: How is it different and what do you need to know?
- Discovery and privilege issues: what is privileged and what is not?
- Minutes
- Settlements
- 3rd party banker rule
Moderator: Gregory P. Williams
Speakers: Hon. J. Travis Laster, Peter B. Ladig, Leslie A. Polizoti, Edward P. Welch
12:00
Keynote Address
Daniel H. Burch
12:30
Lunch
Afternoon Session: 1:45 P.M. - 5:00 P.M.
1:45
Recent Developments with LLCs and Limited Partnerships
- Default fiduciary duties in LLCs: Yes or No?
- General principles regarding modification of fiduciary duties in LLCs - recent cases.
- The meaning of good faith as applied by courts in the LP/LLC context
- Standards of review for interested transactions and conflicts committee best practices
Moderator: Stephen P. Lamb
Speakers: Michael S. Hong, Matthew J. O’Toole, Srinivas M. Raju, John L. Reed
2:45
Break
3:00
Judges Roundtable: Perspectives on Multi-Jurisdictional Practice
- How do judges determine which cases go forward where?
- Do judges talk? What do they say?
- How are settlements handled?
- How are attorneys’ fees awarded?
Moderator: Hon. J. Travis Laster
Speakers: Hon. Steven A. Brick, Hon. Timothy S. Driscoll, Hon. Sean D. Wallace
4:00
The Top Ten Things That Will Tick Off the Chancellors, and the Ethical Issues They Raise
Types of conduct to be discussed include:
- Rules, shmules! Disregarding known rules (attestations and Rule 23(a) affidavits)
- Sandbagging in litigation and transactional work (changes of position, raising issues not surfaced where previously called for)
- Hiding the ball (disclosure of conflicts, deceptive discovery practices, incomplete disclosure in presenting settlements or forum choice issues (and what are defendants' counsel to do?))
- What, me work? Failure to prosecute, failure to meet and confer, failure to prepare
Moderator: Professor Lawrence A. Hamermesh
Speakers: Hon. J. Travis Laster, James L. Holzman, John A. Neuwirth
5:00
Adjourn
Co-Chair(s)
Stephen P. Lamb ~ Former Vice Chancellor, Delaware Court of Chancery, Paul, Weiss, Rifkind, Wharton & Garrison LLP
Moderator(s)
Lawrence A. Hamermesh ~ Ruby R. Vale Professor of Corporate and Business Law, Institute of Delaware Corporate and Business Law, Widener University School of Law
Speaker(s)
Program Attorney(s)
PLI makes every effort to accredit its Live Webcasts. Please check the CLE Calculator above for CLE information specific to your state.
PLI's Live Webcasts are approved for MCLE credit (
unless otherwise noted in the product description) in the following states/territories: Alabama, Alaska, Arkansas, California, Colorado, Delaware, Florida, Georgia, Hawaii, Idaho*, Illinois, Indiana
1, Iowa*, Kansas*, Kentucky*, Louisiana, Maine*, Minnesota, Mississippi, Missouri, Montana, Nebraska, North Carolina, North Dakota, New Hampshire*, New Jersey, New Mexico, Nevada, New York
2, Ohio
3, Oklahoma, Oregon*, Pennsylvania
4, Rhode Island, South Carolina, Tennessee, Texas, Utah, Vermont, Virginia
5, Virgin Islands, Washington, West Virginia, Wisconsin, and Wyoming*.
*PLI will apply for credit upon request.
Arizona: The State Bar of Arizona does not approve or accredit CLE activities for the Mandatory Continuing Legal Education requirement.
Arkansas and Oklahoma: Audio-only live webcasts are not approved for credit.
1Indiana: Considered a distance education course. There is a 6 credit limit per year.
2New York: Newly admitted attorneys may not take non-transitional course formats such as on-demand audio or video programs or live webcasts for CLE credit. Newly admitted attorneys not practicing law in the United States, however, may earn 12 transitional credits in non-traditional formats.
3Ohio: To confirm that the live webcast has been approved, please refer to the list of Ohio’s Approved Self Study Activities at http://www.sconet.state.oh.us. Online programs are considered self-study. Ohio attorneys have a 6 credit self-study limit per biennial compliance period. The Ohio CLE Board states that attorneys must have a 100% success rate in clicking on timestamps to receive ANY CLE credit for an online program.
4 Pennsylvania: A live webcast may be viewed individually or in a group setting. Credit may be granted to an attorney who views a live webcast individually. There is a 4.0 credit limit per year for this type of viewing. A live webcast viewed in a group setting receives live participatory credit if the program is open to the public and advertised at least 30 days prior to the program. Live webcasts viewed in a group setting that do not advertise at least 30 days prior the program will be considered "in-house", and therefore denied credit.
5Virginia: All distance learning courses are to be done in an educational setting, free from distractions.
Running time and CLE credit hours are not necessarily the same. Please be aware that many states do not permit credit for luncheon and keynote speakers.
Note that some states limit the number of credit hours attorneys may claim for online CLE activities, and state rules vary with regard to whether online CLE activities qualify for participatory or self-study credits. For more information, refer to your state CLE website or call Customer Service at (800) 260-4PLI (4754) or email: info@pli.edu.
If you have already received credit for attending some or the entire program, please be aware that state administrators do not permit you to accrue additional credit for repeat viewing even if an additional credit certificate is subsequently issued.