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 07, 2022 | Delaware Business Court Insider
Shareholder Tensions Rise as Corporations Consider Limiting Officer LiabilitySome lawyers are concerned by the impact on options shareholders would have when making breach of duty of care claims.
By Ellen Bardash
4 minute read
November 03, 2022 | Delaware Business Court Insider
Case Over Musk Offer for Twitter Remains Open a Week After Deal Was ClosedThe billionaire entrepreneur has taken the reins of the microblogging platform but Chancellor Kathaleen McCormick said there are still have shareholder concerns to work out.
By Ellen Bardash
2 minute read
November 03, 2022 | Delaware Business Court Insider
Shareholder Says PayPal Oversold Its Growth With Bots Cashing InPayPal's cash incentive promotions throughout 2021 were linked to the creation of 4.5 million illegitimate accounts, the complaint said.
By Ellen Bardash
2 minute read
October 31, 2022 | Delaware Business Court Insider
BuzzFeed Won't Be Held to Arbitration Mandates in Ex-Employees' ContractsAgreements signed before the company was acquired by a SPAC can't force the dispute over former executives' participation in an IPO into arbitration, Vice Chancellor Morgan Zurn said.
By Ellen Bardash
4 minute read
October 28, 2022 | Delaware Law Weekly
GameStop Sued for Breaching Software Contract, Leaving Over $600K UnpaidIt's the second case to be filed in the district court this year claiming GameStop has failed to pay for services it contracted. The company reported a net loss of over $519 million in the last quarter.
By Ellen Bardash
2 minute read
October 27, 2022 | Delaware Law Weekly
Superior Court Rules Verizon to Recover $120M From Insurers"The securities claim definition at issue here is in a standard form that is used by policyholders across the country," said Keith McKenna, a partner at Cohen Ziffer Frenchman & McKenna.
By Ellen Bardash
4 minute read
October 26, 2022 | Delaware Business Court Insider
Citing Defamation Cases, Plaintiffs' Firms Are Investigating Fox Corp. Shareholder RightsA flurry of civil lawsuits targeting Fox News coverage of voting machine technology used in the 2020 election has triggered calls by shareholder attorneys to look into the cases' impact on stock prices. A Fox Corp. spokesperson called the prospective lawsuits "meritless."
By Ellen Bardash
3 minute read
October 25, 2022 | Delaware Business Court Insider
GNC Shareholder Files RICO Claims in Delaware Federal Court, Alleging 'Sham' BankruptcyThe proposed class of GNC shareholders, those who held Class A common stock between February 2018 and June 2020, is represented by New Jersey attorney John Tang, who is also a named plaintiff in the case, owning nearly 8% of GNC's stock.
By Ellen Bardash
3 minute read
October 24, 2022 | Delaware Business Court Insider
Musk, Tesla Board Hit With Derivative Delaware Suit Involving Tweet OversightDocuments from a Manhattan case over review of Elon Musk's tweets regarding Tesla, and the consent decree that resolved it, are now attached as exhibits to the derivative complaint in Delaware.
By Ellen Bardash
3 minute read
October 19, 2022 | Delaware Business Court Insider
Yoga Studio Chain Asks Supreme Court to Reverse Specific Performance OrderThe Court of Chancery typically opts to steer away from mandating closure of a deal, making an order for specific performance uncommon.
By Ellen Bardash
3 minute read
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