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Changes to Delaware corporate law clears House after contentious debate

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Changes to Delaware corporate law clears House after contentious debate


Laster, who has called the legislation “major surgery,” said in his decision that companies must comply with Delaware law.

“Market participants must conform their conduct to legal requirements, not the other way around,” the ruling said.

Rep. Madinah Wilson-Anton (D-Newark) and Republican Rep. Michael Smith called experts to testify on both sides of the issue.

Wilson-Anton said she’s seen memos dating back years warning that the stockholder agreements were unenforceable.

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Her expert, Charles Elson, founding director emeritus of the Weinberg Center for Corporate Governance at the University of Delaware, said one of the concerns with these stockholder agreements is a lack of transparency.

“If you buy into a company, and there’s already a side agreement that effectively lays out how the company is going to be managed and function and you’re unaware of it,” he said. “And the problem of these things remaining no secret, if you will, is the danger of a minority buying in and discovering that the cards have already been stacked, so to speak.”

Former Chancellor William Chandler defended the Corporation Law Council on the writing of the bill. DSBA and the bill sponsors have disputed the view that the revisions are a sweeping overhaul of current law.

“I believe in placing my trust in that organization because they have never, ever failed,” he said. “I trust the Corporate Law Council in doing the right thing.”

Chandler said, “The corporate market isn’t ‘feeling good’ about Delaware,” and questioned McCormick and Laster’s objectivity on cases related to the bill’s amendments to state law.

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“As Chancellor, I will tell you I was taught judges need to stay in their own lane,” he said. “Judges need to be judging cases in the courtroom, applying the law that you give them. Judges don’t need to intrude upon the process of making law.”



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Delaware

History of Delaware outdoor track and field state championships

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History of Delaware outdoor track and field state championships


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The Padua and Tatnall girls and the Middletown and Saint Mark’s boys will defend their state titles at the 2026 DIAA Track and Field Championships on May 15 and 16 at Dover High.

Here is a look at the history of the meet with the most recent champions.

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Which school has won the most Delaware outdoor track and field state championships?

With 21 Division I titles, Salesianum has won the most boys outdoor track and field state championships. Padua has won 25 state championships, including 23 Division I titles.

Who are the winningest Delaware high school outdoor track and field coaches?

Tatnall’s Patrick Castagno has led the most state championship teams with 12 girls titles and four boys titles. Padua’s Marnie Giunta has won 13 girls state titles.

Brandon Holveck reports on high school sports for The News Journal. Contact him at bholveck@delawareonline.com.



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Buffalo woman pleads guilty to charges in connection with vandalism at The Terrace at Delaware Park

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Buffalo woman pleads guilty to charges in connection with vandalism at The Terrace at Delaware Park


BUFFALO, N.Y. (WKBW) — A Buffalo woman has pleaded guilty to charges in connection with vandalism at The Terrace at Delaware Park in October 2025.

The Erie County District Attorney’s Office announced that 40-year-old Stacy M. Matthews pleaded guilty before Buffalo City Court Judge Rebecca Town to one count of fourth-degree criminal mischief and one count of endangering the welfare of a child.

Erie County District Attorney’s Office

According to the DA, on October 16, 2025, Matthews drove six juveniles under her care to a business on Lincoln Parkway, and the juveniles, between the ages of 10 and 16, intentionally vandalized outdoor furniture and windows, causing approximately $2,000 in damage to the property.

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The DA said that as a condition of the plea, Matthews signed a Confession of Judgment to pay $2,000 in restitution to the victim. Matthews faces a maximum of 364 days in jail when she is sentenced on June 9, 2026 and a temporary order of protection, issued on behalf of the property owner, remains in effect.

7 News spoke with Mike Shatzel, co-owner of The Terrace at Delaware Park, where the vandalism occurred, last October.

“It’s just disturbing that people have nothing better to do than come and just destroy things,” Shatzel said in October.

You can watch our previous story below.

WATCH: The Terrace at Delaware Park vandalized multiple times over the last two weeks

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The Terrace at Delaware Park vandalized multiple times over the last two weeks





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Multimillion-dollar home destroyed after fire in Radnor Township, Delaware County

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Multimillion-dollar home destroyed after fire in Radnor Township, Delaware County


Wednesday, May 13, 2026 10:58AM

Multimillion-dollar home destroyed after fire in Radnor Township, Delaware County

RADNOR TWP., Pa. (WPVI) — A multimillion-dollar home went up in flames in Delaware County.

Heavy flames burned through the house along the 800 block of Lesley Drive in Radnor Township.

Action News has been told that everyone inside the home made it out safely.

The fire appeared to start in the attic, and went to three alarms, as smoke and flames continued to pour from the roof.

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It took over two hours to get things under control.

The home is said to be a total loss.

Copyright © 2026 WPVI-TV. All Rights Reserved.



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