Delaware Business Court Insider | News
By Ellen Bardash | June 13, 2024
Complaints 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 Greg Andrews | June 13, 2024
"How can shareholders effectively hold a giant like Exxon accountable while facing legal retribution?" said Georgia Stewart, CEO of Tumelo, an investor-engagement platform.
Delaware Business Court Insider | News
By Ellen Bardash | June 11, 2024
"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 | June 11, 2024
"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 Colleen Murphy | June 10, 2024
"The irony is not lost on me, that the seat that we are here talking about, is the seat that belongs to my second boss at the U.S. Attorney's Office, Justice Lee Solomon, who served this court with incredible dignity, with incredible respect, and with incredible grace," New Jersey Supreme Court nominee John Jay Hoffman said.
Daily Business Review | Commentary
By Celena R. Nash | June 4, 2024
The Corporate Transparency Act (CTA) was enacted in 2021 with an effective date for compliance on Jan.1, 2024. This legislation plays a crucial role in preventing illegal money transfers into the U.S. from abroad as well as combat tax fraud and other illicit activities.
By Anthony Michael Sabino | May 31, 2024
In this first article of his two-part series, Anthony Sabino discusses 'National Small Business United v. Yellen,' which held the Corporate Transparency Act to be unconstitutional on multiple grounds. This installment summarizes the regulatory scheme and analyzes the district court's holdings.
By Maria Dinzeo | May 30, 2024
"What we're looking at is the sausage-making that goes into every quarter and the stress that goes into sales," Autonomy CEO Michael Lynch said of internal emails expressing alarm about the company's progress closing deals.
Delaware Business Court Insider | News
By Ellen Bardash | May 29, 2024
Chancellor 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.
New York Law Journal | Analysis
By David A. Katz and Laura A. McIntosh | May 22, 2024
The 2024 proxy season demonstrated that AI-related disclosures and governance structures currently are a subject of intense shareholder interest. It is likely that both disclosure- and governance-oriented shareholder proposals regarding AI will gain traction in future proxy seasons.
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