Benjamin Edwards In The News
Mondaq
Aside from Delaware's Court of Chancery, state business courts are relatively new, with New York and Illinois starting commercial dockets in 1993 and other states starting their own systems at a fairly steady pace ever since. As of 2019, more states had their own business courts—either a separate court or aa docket within an existing state court—than didn't.
Law.com
Texas, Oklahoma and Nevada each want to appoint, not elect, the judges that sit on their business courts. But state constitutions vary as to whether they allow those appointments.
WealthManagement.com
The Labor Department is closing the book on the Biden administration’s iteration of the fiduciary rule and dropping its defense of the regulation in court.
Business Insider
Andreessen Horowitz wants startup founders to reconsider their relationship with Delaware — but the venture firm's own breakup with the state is more complicated than it seems. On July 22, the VC giant executed the plan it teased in a blog post earlier in the month, registering three new entities in Nevada: a16z Capital Management LLC, a16z Holdings LLC, and a16z Development LLC. The move wasn't just administrative — it was meant as a signal, part of the firm's effort to convince founders that Delaware shouldn't be the default choice for forming their companies.
The Bond Buyer
A recent rule reversal may have nullified a dispute between municipal market rulemakers and an outspoken trade organization, but the question raised amid the scuffle is whether the sector's regulators are constitutional at all.
Insurance Journal
Lawmakers in Texas, Oklahoma and Nevada have recently approved changes aimed at helping their states dip into the lucrative side of corporate litigation that Delaware, with a specialized court and business-friendly laws, has dominated as the world’s incorporation capital.