Business Law and Corporate Law

Delaware's General Corporation Law has undergone three years of significant amendments addressing conflicted transactions, stockholder rights, and corporate governance mechanics. The 2024-2026 changes create new statutory safe harbors, resolve certificate interpretation issues, and respond to Court of Chancery decisions that had disrupted established transactional practices.

The SEC has proposed eliminating Rule 14a-8, which grants shareholders the right to include certain proposals in company proxy statements, shifting this authority to state corporate law and company governing documents. The proposal would also expand circumstances under which companies may exercise discretionary voting authority on shareholder proposals not included in their proxy materials. Comments on this significant regulatory change must be received by November 20, 2026.

Shareholder and LLC member lawsuits present complex legal challenges for business owners, involving critical distinctions between derivative and individual claims. Understanding procedural requirements, defense strategies, and the significant differences between Delaware and California law can help executives protect their companies from costly litigation and minimize exposure to member claims.

The United States is home to more than 1.5 million charitable organizations, most of them public charities.1 Each one is a corporation and carries the obligations that come with that form: governance and board management, corporate registrations, compliance with financial accounting standards, disclosures to current and potential donors, filing an annual Form 990 with the IRS, and state charitable reporting.

Creating a new charity can be an exciting prospect. There is an urgent need, or a long-term purpose, and the instinct is to build an organization to carry it. For most founders, that instinct typically leads straight to incorporating a nonprofit corporation and filing for tax exemption.

Nonprofits face increasing pressure to demonstrate measurable impact to donors and funders. This guide explores how to transform program data into compelling impact statements that build trust, strengthen grant proposals, and inspire stakeholder action through evidence-based storytelling.

On September 11, 2026, the FDIC, Federal Reserve, OCC, and NCUA (together, the “Agencies”) issued proposed third-party risk management guidance (the “TPRM Guidance”) outlining a principles-based approach designed to assist banks and credit unions (together, “institutions”) in tailoring their third-party risk management practices to the risks of individual relationships.

Companies face mounting geopolitical risks that threaten global supply chains, from tariffs and sanctions to trade disputes and regulatory shifts. How can organizations use strategic contracting and procurement practices to navigate these uncertainties while maintaining operational resilience? This analysis examines practical approaches to mitigating compliance, cost, availability, and quality risks through risk-appropriate contract drafting and supplier management.

The Federal Circuit's decision in NCS Multistage Inc. v. Nine Energy Service, Inc. establishes that a patentee's prior commercial sale does not automatically qualify as a public disclosure under the AIA safe harbor provision. The court clarified that the critical question is whether the inventor's actions made the subject matter of the invention available to the public, not merely whether a commercial transaction occurred.

Shareholder and LLC member lawsuits present complex legal challenges for business owners, involving critical distinctions between derivative and individual claims. Understanding procedural requirements, defense strategies, and the significant differences between Delaware and California law can help executives protect their companies from costly litigation and minimize exposure to member claims.

The Federal Trade Commission's recent consent decree with firearms manufacturers Beretta and Ruger marks a significant development in antitrust enforcement, specifically targeting interlocking directorates under Section 8 of the Clayton Act. This action reflects intensified regulatory scrutiny of board composition arrangements that could create anticompetitive relationships between competing corporations. The case provides critical insights into how federal agencies are revitalizing enforcement of a century

Organizations are increasingly turning to AI tools to streamline the preparation of corporate meeting minutes, but this technological shift brings both promising efficiencies and significant legal risks. From privilege concerns to data security vulnerabilities, the gap between AI-generated transcripts and carefully curated official records raises critical questions about governance, liability, and best practices.