Category: 2025

Brendan Sullivan Staff Editor, Delaware Journal of Corporate Law, Volume 50 Introduction Efficient organizations are led by effective leaders. This is no different for school districts led by board members. Most educators would typically tell you that they want board members to have educational experience to lead districts, as they want to know that leadership…

Joseph Pettinato Staff Editor, Delaware Journal of Corporate Law, Volume 50 Introduction In July 2022, the Philadelphia 76ers announced a $1.3 billion project to build a privately funded arena in Center City as a result of their current lease in the Wells Fargo Center, expiring in 2031.[1] However, the organization has abandoned their thoroughly assembled…

Brady O’Neill Styles Editor, Delaware Journal of Corporate Law, Volume 50 Introduction Delaware law has long recognized that a claim of fraud cannot be “bootstrapped” to a claim of breach of contract.[1]  The purpose of the anti-bootstrapping rule (the “Rule”) is to prevent a party pleading breach of contract to assert a claim of fraud…

Michael Miranda Web Editor, Delaware Journal of Corporate Law, Volume 50 Introduction In the world of professional sports, contracts are everything. The introduction of LIV Golf (“LIV”) has not only disrupted golf viewership and fan satisfaction but has also enabled players to break away from their engagements with the PGA Tour (the “Tour”) without any…

James Diver External Managing Editor, Delaware Journal of Corporate Law, Volume 50 Private Equity in a Nutshell Private equity (“PE”) refers to a type of investment fund that buys, manages, and sells companies to generate returns for their investors. These funds are typically structured as limited partnerships and normally invest in private companies. PE firms…

Shelby Stack Staff Editor, Delaware Journal of Corporate Law, Volume 50 Introduction Justice Traynor, writing for the Delaware Supreme Court in Cantor Fitzgerald, L.P. v. Ainslie, reinforced that Delaware “hold[s] freedom of contract in high—some might say, reverential—regard[,]” by concluding that a forfeiture-for-competition provision in a limited partnership agreement warranted review under the employee choice…

Allyce M. Andricola Internal Managing Editor, Delaware Journal of Corporate Law, Volume 50 I. The Social Media Pipeline to Overconsumption Consumerism drives an economy, but at what point does purchasing products do more harm than good? In today’s world, social media is the driving force for consumerism. Advertisements bombard social media apps like Instagram, Facebook,…

Jenna Muttik Staff Editor, Delaware Journal of Corporate Law, Volume 50 I. Introduction In a society that relies on contracts, it is common for individuals who are not parties to a contract to attempt to enforce it when it is intended to benefit them. Meanwhile, contractual privity is a staple of contract law: only parties…

George Twardy III Staff Editor, Delaware Journal of Corporate Law, Volume 50 I. Brief Overview of the Corporate Transparency Act The Corporate Transparency Act (CTA) was enacted on January 1, 2021, as part of the William M. (Mac) Thornberry National Defense Authorization Act (NDAA) for Fiscal Year of 2021.[1]  The CTA was created to help…