Legal Updates for Internet Times
The State of Delaware and the U.S. Securities and Exchange Commission recently updated their regulatory schemes to address some of the issues and opportunities arising from the growth and popularity of various forms of electronic communications, including email and the Internet. Effective July 1, 2000, the Delaware statute was amended to embrace the use of electronic communications in connection with meetings of directors and stockholders. Effective May 4, 2000, the SEC issued new interpretive guidance on a wide range of issues relating to the Internet. The following two articles, which were originally published by Hale and Dorr’s Internet Law Group as email alerts, discuss these important developments.