Ellisa Opstbaum Habbart, Esq. Recognized as an “Expert” in Corporate Governance by the 2015 Guide to the World’s Leading Women in Business LawPosted : September 15th, 2015
Ellisa Opstbaum Habbart, Esq. has been recognized by her peers as an “expert” in the area of corporate governance by the 2015 Guide to the World’s Leading Women in Business Law. The Guide is considered the” international legal market’s leading guide to the top female legal practitioners advising on business law.” The 2015 guide was generated based on nominations of leading practitioners by in-house counsel and senior practitioners in 84 jurisdictions. Ms. Habbart was one of only seven women practicing in the United States named as an “expert” in the field of corporate governance.
The Delaware Counsel Group, LLP and Widener University Delaware Law School to Host 2015 Visiting Scholar in Residence in Corporate and Business Law EventPosted : September 15th, 2015
On September 21, 2015, the Delaware Counsel Group, LLP and Widener University Delaware Law School will host the annual Visiting Scholar in Residence in Corporate and Business Law Event. The program, which is presented each year by the Delaware Counsel Group, LLP, is designed to introduce promising scholars to the bench and bar so that they may receive valuable feedback from Delaware’s internationally renowned legal community. This year’s visiting Scholar is Professor Verity Winship of the University of Illinois College of Law. Professor Winship, an honors graduate of Harvard Law School, will base her lecture on her award winning law review article examining the emerging and controversial topic of shareholder litigation by contract. Specifically, she will discuss current issues in the use of corporate bylaws and charter provisions to prevent or limit shareholder litigation. The event will begin at 4:00 p.m. at the Wilmington Club in Downtown Wilmington.
Ellisa Habbart speaks at ABA Business Law Section Meeting in San FranciscoPosted : May 4th, 2015
SERIES CAPTIVE INSURANCE COMPANIES: POPULARITY AND PITFALLS
Captive insurance arrangements are now often facilitated by the legal vehicle of the Series Limited Liability Company. The program explored the fascinating theoretical questions and difficult drafting issues that arise when insurance Law and Series LLC legislation collide.
Ms. Habbart spoke about The Delaware Series LLC and its uses for captive insurance planning. If you would like more information please contact Ms. Habbart at 302-576-9600.
Bottom LinePosted : January 29th, 2015
- How a securitization is structured will impact a party’s ability to bring or defend against a claim.
In a recent decision of the Court of Chancery, a Delaware entity argued that plaintiff’s claims in connection with a securitization were barred by Delaware’s three (3) year statute of limitations. Notwithstanding that the action was brought against a Delaware entity in a Delaware court, the “most significant relationship test” required New York’s longer six (6) year statute of limitation to apply. The Court considered the “numerous” connections in the securitization to New York including (i) the Plaintiff was New York common law trust, the principal place of business of each of the trust’s creators was in New York, the underwriting took place in New York, the certificates were held in New York and the pooling and servicing agreement was governed by New York law.
- The statute of limitations may extend to 20 years.
10 Del.C. Section 8106 (c) allows certain written agreements in excess of US$100,000.00 to extend Delaware’s statute of limitation. THIS MAY APPLY RETROACTIVELY.
Please feel free to contact Ellisa Habbart should you have any questions.
An Undeclared Conflict of InterestPosted : January 21st, 2015