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.
June 28, 2024 | Delaware Business Court Insider
Supreme Court Reinstates Early Voting Laws, Finding Lack of Standing for ChallengersThe decision, written by Justice Gary Traynor and released on June 28, is a win for the Munger, Tolles & Olson team that worked with the Delaware Department of Justice.
By Ellen Bardash
3 minute read
June 27, 2024 | Delaware Business Court Insider
Jennings Announces DOJ Promotions, Including New Chief Deputy AGDelaware Attorney General Kathy Jennings named state prosecutor Dan Logan to the post of chief deputy attorney general.
By Ellen Bardash
3 minute read
June 25, 2024 | Delaware Business Court Insider
FTX Creditors to Vote on Plan Liquidating 'Mind-Boggling' AssetsSeveral parties argued the disclosure statement that's part of the plan didn't meet the legal standard for approval, but Judge John T. Dorsey overruled their objections.
By Ellen Bardash
3 minute read
June 21, 2024 | Law.com
Lawsuit Says Nike Officers Misled Shareholders Over Direct-to-Consumer Sales StrategyThe shareholder proposes a class of those who purchased Nike Class B stock between March 2021, when Nike announced its third quarter financial results, and March 2024, when it was announced Nike would be scaling back on its direct-to-consumer strategy.
By Ellen Bardash
2 minute read
June 18, 2024 | Delaware Business Court Insider
Rare Opposition to Proposed Del. Corporate Law Changes Is Voiced to House CommitteeThe current proposal has spurred pushback well beyond the norm, with 50 law professors sending a letter to legislators urging them to reconsider passing the bill and instead leave the questions raised by Moelis to be addressed on appeal by the Delaware Supreme Court.
By Ellen Bardash
5 minute read
June 14, 2024 | Delaware Business Court Insider
Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts SayThe vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.
By Ellen Bardash
3 minute read
June 13, 2024 | Delaware Business Court Insider
'The Preposterous Has Become Reality': Chancery Filings Continue to Target Musk, Tesla BoardComplaints in Delaware court allege that Elon Musk sought to take AI-related projects elsewhere if he could not maintain a 25% equity stake in the electric car manufacturer.
By Ellen Bardash
3 minute read
June 12, 2024 | Delaware Business Court Insider
Zantac Defendants: Delaware Could See Mass Tort Surge If Expert Testimony Decision Holds"The resulting influx of cases could have significant consequences for the efficient administration of justice in Delaware, for both Delaware-domiciled companies and Delaware residents," the defendants said in the application for interlocutory review.
By Ellen Bardash
4 minute read
June 11, 2024 | Delaware Business Court Insider
Musk's Focus on X Has Come at Tesla's Expense, Shareholder Lawsuit Claims"Neither Musk's past success nor his importance to Tesla's business gives him carte blanche to treat his fiduciary duties to Tesla as optional," the complaint states.
By Ellen Bardash
4 minute read
May 29, 2024 | Delaware Business Court Insider
McCormick: No Current Need to Formally Block Tesla Shakeup in ChanceryChancellor Kathaleen McCormick said she's holding defense counsel to their word and will leave the door open for the motions to be raised again if they don't keep it.
By Ellen Bardash
4 minute read
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