Small Business Reading Room


Friday, April 18, 2014

The next Chancellor of Delaware’s Court of Chancery is...

Last week, Delaware attorney Andre G. Bouchard was unanimously confirmed by the Delaware State Senate as the next Chancellor of Delaware’s Court of Chancery. Bouchard replaces the Honorable Leo E. Strine, Jr., who was sworn in as Chief Justice of the Delaware Supreme Court in February.

The Delaware Court of Chancery is the leading forum for resolving the disputes of Delaware corporations. The Court’s sophisticated and experienced jurists have a deep understanding of Delaware corporate law, which has given rise over the years to an extensive body of judicial precedent for sound corporate governance. Bouchard, due to be sworn in within the next 30 days, will become the 22nd Chancellor since the Court’s inception over 200 years ago
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The Delaware Corporate Legislation Tracker - April 18, 2014

The Delaware General Assembly is on a two-week holiday recess, and they will return on April 30.
Here's what happened before they left...


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.

Here's the latest edition:




The following Legislation affecting Delaware Title 6 - Commerce and Trade and Title 8 - Corporations was acted upon by the Governor on 4/15/2014:




HB 265
Title:  AN ACT TO AMEND TITLE 6 AND TITLE 8 OF THE DELAWARE CODE RELATING TO VARIOUS FEES AND TAXES CHARGED BY THE SECRETARY OF STATE.

Synopsis:
This Act increases the annual tax assessed on partnerships, limited partnerships and limited liability companies on file with the Secretary of State from $250 to $300 and increases the corporation franchise tax by $100 for those corporations that file on the authorized shares method.

Bill History:

Apr 15, 2014 - Signed by Governor
Apr 10, 2014 - Passed by Senate. Votes: Passed 13 YES 7 NO 0 NOT VOTING 1 ABSENT 0 VACANT
Apr 09, 2014 - Reported Out of Committee (EXECUTIVE) in Senate with 4 On Its Merits
Apr 03, 2014 - Assigned to Executive Committee in Senate
Apr 03, 2014 - Passed by House of Representatives. Votes: Passed 26 YES 13 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 4 - Defeated by House of Representatives. Votes: Defeated 13 YES 26 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 4 defeated
Apr 03, 2014 - Amendment HA 4 - Introduced in House
Apr 03, 2014 - Amendment HA 3 - Passed in House by Voice Vote
Apr 03, 2014 - Amendment HA 2 - Defeated by House of Representatives. Votes: Defeated 13 YES 26 NO 0 NOT VOTING 2 ABSENT 0 VACANT
Apr 03, 2014 - Amendment HA 2 defeated
Apr 03, 2014 - Amendment HA 1 - Passed in House by Voice Vote
Apr 03, 2014 - Amendment HA 3 - Introduced and Placed With Bill
Apr 01, 2014 - Amendment HA 2 - Introduced and Placed With Bill
Mar 25, 2014 - Amendment HA 1 - Introduced and Placed With Bill
Mar 19, 2014 - Reported Out of Committee (HOUSE ADMINISTRATION) in House with 2 On Its Merits, 1 Unfavorable
Mar 18, 2014 - Introduced and Assigned to House Administration Committee in House




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Tuesday, April 15, 2014

Good Friday Holiday - Delaware Division of Corporations Office Closure



The Delaware Division of Corporations will be CLOSED on Friday, April 18, 2014 in observance of Good Friday, a state holiday in Delaware.  While many schools, banks, and businesses in the United States are also closed on that day, it is not a federal holiday.  Delaware Intercorp, Inc. will be open for business!  Remember, whether the Delaware Division of Corporations is open or closed, many routine matters can still be completed through our office.  Although filings cannot be made and certified copies cannot be obtained, franchise tax can be submitted, and our online ordering system is available so that orders can be processed the next business day. Have a question?  We’ll be here to help.
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Delaware Intercorp, Inc.
113 Barksdale Professional center
Newark, DE 19711-3258

"For all the best reasons to incorporate,the best place
is Delaware and the best incorporator is
Delaware Intercorp!"

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FAX: 302.266.9940
Email: info@delawareintercorp.com