Bite-Sized Business Law
Looking for the latest in legal business news?
Get a breakdown of the top stories in business law from industry leaders on the front lines with Bite-Sized Business Law. Host Amy Martella takes a closer look at the latest corporate happenings through interviews with the attorneys, legal experts, public figures, and scholars behind the news to distill business law’s biggest stories into bite-sized portions.
This is your chance to go further into the world of business law and stay up to date with legal cases and industry trends.
Corporations impact us all, leading changes that extend far beyond business to shape the economy, public policy, technology, and beyond. Looking at the big picture, Amy discusses not only the underlying issues in business ethics and legal cases leading the biggest stories but also sparks thought-provoking discussions on where the law should be headed.
Amy is the Executive Director of the Corporate Law Center at Fordham University School of Law. Her background ranges from big law to government to tech startups, allowing her to offer an insider’s perspective of the issues that shape corporate actions, large and small. Covering crypto regulation to securities fraud, AI’s impact to Elon Musk’s pay package, Bite-Sized Business Law covers it all with guests of varying viewpoints to provide the nuanced analysis needed to tackle complex problems.
Whether you're looking for the latest in legal insight on intellectual property, mergers and acquisitions, business ethics or legal cases in the business law world, you’ll find it here. Enjoying a thoughtful perspective on the news stories of the moment, Bite-Sized Business Law examines big issues and delivers them in small doses.
Bite-Sized Business Law is a project by the Corporate Law Center at Fordham Law. The Center serves as a hub for scholars, professionals, policymakers, and students to engage in the study, discussion, and debate of current issues in corporate law. The Center focuses on aspects of corporate law, corporate compliance, antitrust law, and securities regulation. Through initiatives like the Mergers and Acquisitions seminar and the Securities Litigation and Arbitration Clinic, students actively engage in real-world research and cases, bridging the gap between classroom learning and practical application in the legal field.
Bite-Sized Business Law
The Devil in the Details in the Delaware Debate over SB21
First, there was Brexit, now, there’s DExit. Is Delaware at risk of losing its status as the undisputed leader in general corporation law? Senate Bill 21 (SB21) has sparked a fierce debate: some see it as a major overhaul of Delaware’s legal framework, while others believe it’s a necessary fix to prevent companies from reincorporating elsewhere. Fordham Law professors Sean Griffith and Richard Squire explore the major changes that SB21 will usher in, their impact on both long-standing Delaware case law and recent cases like Tornetta v. Musk, the motivations behind SB21, and whether ultimately it will be as impactful as its proponents and detractors claim. Tune in now for a truly down-to-earth breakdown of SB21!
Key Points From This Episode:
- How today’s case ties into the rejection of Elon Musk’s pay package in December 2024.
- An overview of major changes included in Senate Bill 21 (SB21).
- Unpacking the three key conflict transaction scenarios of SB21.
- Ways that Delaware case law is redefining what it means to be a controlling shareholder.
- How Tornetta v. Musk would come out under this paradigm.
- Important details of how SB21 deals with independence or disinterestedness.
- The power that judges still hold to find conflicts of interest in these cases.
- SB21 changes and their effect on the Delaware corporate law product.
- Reviewing Revlon transactions through the lens of SB21.
- Answering the question: Is the Delaware General Assembly caving to powerful insiders?
- The effect of the non-retroactivity provision in SB21.
- Comparisons with notable examples of famous legislative reversals in Delaware law.
Links Mentioned in Today’s Episode:
Richard Squire on LinkedIn
Vox Shareholders and Still No Payday for Musk: Tornetta Round Two
Amelia Martella on LinkedIn