You are here: Home / Webinars

WGLO Webinars

webinar_button_blue

Webinar, Wednesday, September 7, 2022

Time: 1:00 p.m. – 2:30 p.m. Eastern
Topic: R Reviewing the 2022 Amendments to the Delaware General Corporation Law and Alternative Entity Acts from a Practitioner's Perspective
Presenters:

Tarik Haskins, Morris Nichols, Arsht & Tunnell, LLP, Wilmington
Jim Honaker, Morris Nichols, Arsht & Tunnell, LLP, Wilmington
John Mark Zeberkiewicz, Richards, Layton & Finger, P.A., Wilmington

This webinar will discuss the 2022 amendments to the Delaware General Corporation Law (the “DGCL”), the Delaware Statutory Trust Act (the “DSTA”), the Delaware Limited Liability Company Act (“LLC Act”), the Delaware Revised Uniform Limited Partnership Act (“LP Act”) and Delaware Revised Uniform Partnership Act (“GP Act”).

The webinar will be held on Wednesday, September 7, 2022 from 1:00-2:30 p.m. (Eastern Time).

With respect to the DGCL, the panel will focus on amendments:

  • enabling corporations to adopt charter provisions exculpating officers for breach of fiduciary duty
  • harmonizing the provisions governing the issuance of stock, on the one hand, and options and rights to acquire stock, on the other
  • reducing the stockholder vote required to effect a conversion of a Delaware corporation to another entity and providing appraisal rights in connection with conversions
  • providing flexibility to non-U.S. entities domesticating to Delaware as a corporation to effect corporate acts in connection with a plan of domestication
  • allowing beneficial owners to make appraisal demands in their own name
  • updating the provisions governing meetings of stockholders, including by dispensing with the need to make the stocklist available and adding procedures to address the adjournment of virtual meetings

With respect to the DSTA, the panel will address the amendments:

  • adding a control beneficial interest acquisition provision to the DSTA
  • providing a safe harbor procedure for ratifying void or voidable acts or transactions taken by a statutory trust
  • clarifying default inspection rights of beneficial owners of a statutory
  • permitting electronic signatures on certificates evidencing beneficial interests in statutory trusts
  • clarifying the delegation powers of a trustee

With respect to the LLC Act, the LP Act and the GP Act, the panel will review amendments:

  • confirming the permitted methods to execute certificates of limited liability company interests and partnership interests
  • clarifying the timing of a signatory’s oath or affirmation of facts stated in instruments filed with the Delaware Secretary of State
  • providing clarification on the timing of when requisite approvals are required to be obtained with respect to conversions and domestications
  • confirming that protected and registered series of a Delaware LLC or LP are bound by the limited liability company agreement or partnership agreement whether or not such series executes such agreement
  • confirming that the limited liability company agreement or partnership agreement may include or incorporate multiple documents that govern the entity’s business and affairs
  • clarifying the effects on protected and registered series in connection with the revival of a cancelled entity
  • updating certain procedures relating to service of process upon the manager or liquidating trustee of a limited liability company

The panelists will focus on distinctions in the rules governing different entity forms and the implications on opinion practice.

Register: Click here to request an invitation to register

 

 

To access the materials via the Past Webinar Index, you must be logged into the website. Once successfully logged in, the access link will appear on the menu in the top left corner above the Webinar FAQ's link.

Click here to suggest a future webinar topic


WGLO hosts webinars periodically throughout the year. The subjects are typically "hot topics" on current issues confronting the legal opinion bar. To date, we have been pleased to offer the following webinars to our members:

January 12, 2022
Delaware Court Gives Legal Opinion a Flunking Grade: Bandera v. Boardwalk

September 14, 2021
Reviewing the 2021 Amendments to the Delaware General Corporation Law and Alternative Entity Acts from a Practitioner's Perspective

August 31, 2021
Will Bitcoin become “money” under the UCC on September 7? UCC Article 9 and related opinion letter issues

June 22, 2021
Follow-On Legal Opinions: Advancing The Practice

March 15, 2021
Recent Opinion Developments: A Discussion of Recent Case Law Affecting Legal Opinions

January 12, 2021
How Practitioners Are Addressing Current Opinion Issues

October 7, 2020
2020 Amendments to the Delaware General Corporation Law, Delaware Limited Liability Company Act and Delaware Limited Partnership Act

August 6, 2020
Crafting Legal Opinions for Loan Amendment Transactions

July 13, 2020
VC/PE Opinions: Cutting Edge Issues in the COVID 19 Era

April 7, 2020
COVID-19: Legal Opinion Considerations

March 3, 2020
Recent Opinion Developments: A Discussion of Recent Case Law Affecting Legal Opinions, Part 2

February 25, 2020
Recent Opinion Developments: A Discussion of Recent Case Law Affecting Legal Opinions, Part 1

July 10, 2019
Reviewing the Amendments to the Delaware Revised Uniform Limited Partnership Act (2019) and to the Delaware Limited Liability Company Act (effective 2019) from a Practitioner's Perspective

June 11, 2019
Reviewing the Proposed Amendments to the Delaware General Corporation Law from a Corporate Practitioner's Perspective (2019)

April 3, 2019
Recent Court Decisions and Their Effect on Opinion Practice (Part II)

February 27, 2019
Recent Court Decisions and Their Effect on Opinion Practice (Part I)

June 05, 2018
Reviewing the Proposed Amendments to the Delaware Corporate and LLC Codes from a Practitioner’s Perspective (2018)

June 13, 2017
Reviewing the Proposed Amendments to the Delaware Code from a Corporate Practitioner’s Perspective (2017)

February 22, 2017
The Hague Securities Convention and Opinion Issues

June 8, 2016
Reviewing the Proposed Amendments to the Delaware Code from a Corporate Practitioner’s Perspective (2016)

April 11, 2016
New European Bail In Rules and their Impact on U.S. Law Governed Documentation for Affected Institutions

December 2, 2015
Key Takeaways from the Report on Cross-Border Closing Opinions of U.S. Counsel

June 17, 2015
Opinion Issues related to the Proposed Amendments to the Delaware General Corporation Law

February 25, 2015
Closing Opinions on Series Entities

May 11, 2010
Teaching Lawyers the Basic Ideas of Customary Practice

May 11, 2010
Ethical Considerations in Opinion Giving

October 20, 2009
Defense of an Opinion Claim

October 20, 2009
Teaching Lawyers How to Deal with Facts in 3rd Party Opinions

CLE Credit is awarded only for live participation in WGLO's webinars.
No credit will be issued by WGLO for any instance of the recordings.