Richards, Layton & Finger, P.A.

Richards, Layton & Finger, founded in the early 1900s, is Delaware's largest law firm, one of its oldest, and one of its most innovative. With 149 lawyers, the firm has a full-service regional practice as well as a national practice in the areas of corporate law and litigation, partnership law, limited liability company and business trust law, bankruptcy, and complex financial transactions. Richards Layton offers a wide range of professional services, including general civil practice in state and federal courts, all aspects of Delaware corporate law, partnership and limited liability company law, business trust law, federal and state taxation, estate planning, estates and trusts, real estate, business law, banking law, bankruptcy law, labor and employment law, health law, intellectual property, environmental law, and governmental relations.

President Obama Signs New Law Expanding FMLA Coverage
November 5, 2009
President Obama just signed into law the National Defense Authorization Act for Fiscal Year 2010 ("NDAA 2010"), which further expands the coverage of the Family and Medical Leave Act of 1993 ("FMLA") available to military families. Through the NDAA 2010, family members of active...

The Court of Chancery Addresses Board's Fiduciary Duties in Transactions in Which the Interests of the Common and Preferred Stockholders Diverge
November 2, 2009
In In re Trados, Inc. S'holders Litig., C.A. No. 1512-CC (Del. Ch. July 24, 2009), the Court of Chancery refused to dismiss certain claims for breach of fiduciary duty brought by a former stockholder of Trados Incorporated ("Trados") challenging the sale of the company in which management...

The Court of Chancery Applies Entire Fairness Review to a Merger Involving a Third-Party Purchase of a Corporation Having a Controlling Stockholder
November 2, 2009
In In re John Q. Hammons Hotels Inc. S'holder Litig., C.A. No. 758-CC (Del. Ch. Oct. 2, 2009), the Court of Chancery applied the entire fairness standard to review the September 2005 merger of John Q. Hammons Hotels, Inc. ("JQH") with and into an acquisition vehicle indirectly owned by...