THIS STORY HAS BEEN UPDATED WILMINGTON- Despite the criticism from legal experts, Governor Matt Meyer’s Senate Bill 21 advanced to the House on Wednesday. The legislation seeks to address ambiguities in corporate decision-making by providing a safe harbor for independent directors and refining shareholder governance structures. These updates are designed to strike a fair balance between management authority and shareholder …
Longest-serving Superior Court judge to retire
Delaware’s longest-serving Superior Court judge will retire after 30 years on the bench, court administrators announced Wednesday. Judge William Carpenter Jr. will step down Dec. 31, 2022, he said in a letter to Gov. John Carney in October. “While it is always difficult to walk away from a job that you have found so rewarding, my time has come,” Carpenter …