Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | February 7, 2024
In the court's recent decision, Icahn Partners v. Francis deSouza, the plaintiff Icahn stockholders sought to use privileged and confidential information shared with them by their designated director in a complaint, asserting direct and derivative fiduciary claims against other directors.
By Chris O'Malley | February 5, 2024
"Academic excellence and academic freedom lie at the heart of Harvard's essential mission of teaching, learning and scholarship," Kenneth Frazier said in a statement.
Delaware Business Court Insider
By Greg Andrews | February 5, 2024
Chancellor Kathaleen McCormick found Maron was "totally beholden" to the billionaire and that three of Tesla's eight board members were as well.
By Greg Andrews | February 5, 2024
Chancellor Kathaleen McCormick found Maron was "totally beholden" to the billionaire and that three of Tesla's eight board members were as well.
By Greg Andrews | February 2, 2024
The energy giant had sued Arjuna Capital and Follow This last month, saying they were abusing the shareholder-proposal process to try to "shrink" the company.
By Ross Todd | February 2, 2024
A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
The American Lawyer | Analysis
By Jack Womack | February 1, 2024
The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
Delaware Business Court Insider | News
By Ellen Bardash | January 31, 2024
Shortly after Chancellor Kathaleen St. J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
Corporate Counsel | Analysis|News
By Hugo Guzman | January 31, 2024
Ten percent of legal departments faced ESG-related litigation last year, up from 2% a year earlier, Norton Rose said in a new study.
Delaware Business Court Insider | News
By Ellen Bardash | January 30, 2024
Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
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