AGP Executive Report
Last update: 2 hours agoDrug Price Settlement: Delaware and 43 other states and territories are seeking court approval of a $400 million agreement over alleged generic-drug price fixing. Consumers who bought covered medicines from May 2009 through December 2019 may qualify for compensation. Corporate Law: A Texas business court dismissed a shareholder suit over Coinbase’s Delaware-era conduct, ruling that Texas’s demand requirement applies to the shareholder’s right to sue. The dismissal was without prejudice; the court did not decide the underlying allegations. Senate Race: Republican Mike Katz is challenging Democratic Sen. Chris Coons in Delaware’s 2026 U.S. Senate race. Katz, a physician and former state senator, says he aims to find common ground. Coastal Travel: The Cape May-Lewes Ferry added a $7 vehicle surcharge each way through Dec. 31 as diesel costs rise. Investment and Housing: Six projects joined Delaware’s JobsFirst permitting program, representing about $165 million in proposed investment, 454 homes and nearly 10 megawatts of solar power. Projects include a mixed-use development in Lewes and community solar in Frankford. Film Industry: Delaware’s new production tax credit offers 30% for eligible projects spending more than $100,000 in the state, aiming to draw investment and create local jobs.
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