Ellen Bardash is ALM's reporter covering Delaware litigation for Delaware Law Weekly and Delaware Business Court Insider. She can be contacted at [email protected], on Twitter @Dellenware or on Threads @ellenbardash.
November 22, 2022 | Delaware Business Court Insider
Court Opts to Keep Those Owed Most by FTX Anonymous, for NowAttorneys said while they plan to begin liquidating FTX's assets as quickly as possible, a significant portion of those assets have been stolen or are otherwise not accounted for.
By Ellen Bardash
3 minute read
November 17, 2022 | Delaware Business Court Insider
Snap Shareholders, in New Lawsuit, They Should Have Say in Grant of Officer ExculpationAll three suits were filed by Bernstein Litowitz Berger & Grossmann, though partner Mark Lebovitch said the three cases aren't a signal that many more will follow.
By Ellen Bardash
3 minute read
November 17, 2022 | Delaware Business Court Insider
CEO Hired for FTX Restructuring Sees 'Complete Failure of Corporate Controls'The declaration by John Ray, the Chicago lawyer who has been installed as CEO of FTX, included the first public signs of what might become of the cryptocurrency exchange as it's untangled in the bankruptcy court.
By Ellen Bardash
4 minute read
November 16, 2022 | Delaware Business Court Insider
'Sheer Pain': Elon Musk Says Lofty Compensation Plan Goal Was Nearly Impossible to Meet"If you're in enough lawsuits, you pick up a few things along the way," Musk said to the shareholder's lawyer questioning him in an examination that often turned contentious.
By Ellen Bardash
3 minute read
November 16, 2022 | Delaware Business Court Insider
Dell Agrees to Record $1B Cash Settlement With Shareholders Before Chancery TrialAttorneys with Quinn Emanuel Urquhart & Sullivan and Labaton Sucharow are co-lead counsel for plaintiffs who held a total of about 200 million shares in the computer maker.
By Ellen Bardash
3 minute read
November 14, 2022 | Delaware Business Court Insider
'Not an Easy Payday': Musk's Tesla Compensation Aimed at Boosting Carmaker's Value, Board Member Says"I thought it created the type of ambitious plan that Elon tends to thrive best at," said the chair of the committee that approved the plan.
By Ellen Bardash
4 minute read
November 11, 2022 | Delaware Business Court Insider
Tesla Board to Defend $55B Musk Grant Shareholder Claims Is Unfair for 'Part-Time Work'A pretrial brief repeatedly mentions the proportion of time Musk dedicates to Tesla compared to the other companies he oversees, including SpaceX and now Twitter.
By Ellen Bardash
4 minute read
November 10, 2022 | Delaware Business Court Insider
TransPerfect, in Petition to SCOTUS, Says Chancery Sanction 'Threatens to Warp Complex Corporate Litigation'Ex-Chancellor Andre Bouchard, who retired from the court last year, imposed sanctions on TransPerfect and Shawe in October 2019, ultimately leading to a contempt fee of more than $1.1 million. The company is asking for that to be wiped out.
By Ellen Bardash
3 minute read
November 09, 2022 | Delaware Law Weekly
Jennings Expected to Continue Focus on Criminal Justice Reform, Abortion Access in Second TermVoters chose Jennings, who was first elected in 2018, by nearly eight points over Republican challenger Julianne Murray of Murray, Phillips & Gay in Georgetown.
By Ellen Bardash
4 minute read
November 08, 2022 | Delaware Law Weekly
Objecting Parties Hit Back at Boy Scouts Plan, Calling It 'Misuse of the Bankruptcy Process'The BSA now has until Dec. 7 to respond to the allegations raised in four briefs Monday by parties whose appeals were consolidated by U.S. District Court Judge Richard G. Andrews.
By Ellen Bardash
4 minute read
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