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Friday, April 27, 2012

The Delaware Corporate Legislation Tracker

The Delaware Corporate Legislation Tracker is a free service offered by our firm, designed to keep you informed on current and pending legislation related to Delaware Corporate rules, regulations, and Delaware business matters. Stay on top of changes to the DGCL & the Delaware Code with the Delaware Corporate Legislation Tracker!



The following Legislation affecting Title 29 State Government was acted upon by the General Assembly on 4/25/2012:


SB 111
Title: AN ACT TO AMEND TITLE 6 OF THE DELAWARE CODE RELATING TO ANTITRUST ACTIONS.



Synopsis:
This Act strengthens the Office of the Attorney General’s ability to work collectively with the federal agencies and other state attorneys general in multi-state investigations by extending the statute of limitations for bringing antitrust actions from 3 to 4 years. The statute of limitations for federal antitrust actions is four years and for most other state antitrust actions, four or more years. The legislation also incorporates the provision under federal law that suspends the statute of limitations for antitrust actions when the federal government has instituted an antitrust action.



Bill History:

Apr 25, 2012 - Assigned to Banking Committee in Senate

Apr 05, 2012 - Passed by House of Representatives.
Votes: Passed 39 YES 0 NO 0 NOT VOTING 2 ABSENT 0 VACANT

Apr 04, 2012 - Reported Out of Committee (ECONOMIC DEVELOPMENT/BANKING/INSURANCE/COMMERCE) in House with 10 On Its Merits

May 10, 2011 - Introduced and Assigned to Economic Development/Banking/Insurance/Commerce Committee in House





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