By Ellen Bardash | July 12, 2021
Questioning from both sides Monday morning boiled down to establishing context in two areas: Tesla's place in the world of solar power and Musk's role within Tesla, primarily with regard to his level of control in relation to directors.
Daily Business Review | Commentary
By Joseph P. Chase | July 12, 2021
Once a business owner has identified a prospective purchaser of his or her business, a letter of intent will typically be entered into. All too often, merger and acquisition (M&A) lawyers are engaged after sellers have signed letters of intent.
By Tom McParland | July 12, 2021
The derivative complaint alleged that Elon Musk breached his fiduciary duties and unjustly enriched himself by pursuing the struggling SolarCity, in which he was the largest investor.
By Vincent Chow | July 8, 2021
Beijing's cybersecurity probes into three Chinese tech companies that recently listed in the U.S. could stem the flow of Chinese IPOs in the U.S.
Delaware Business Court Insider | Commentary
By Albert H. Manwaring IV | July 7, 2021
A proper balance between the stockholders' right to elect directors and the board's right to manage the company is dependent on the stockholders' unimpeded right to vote in an election of directors.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | June 30, 2021
What law determines whether a "business trust" may be an eligible debtor under Chapter 11? There is a split of authority as to whether the law of the jurisdiction in which the trust resides or federal common law controls.
By Andrew Goudsward | June 28, 2021
The blow comes as the Biden administration is expected to step up antitrust enforcement of Big Tech.
The Legal Intelligencer | Commentary
By Edward T. Kang | June 24, 2021
One of the primary benefits of organizing a business as a corporation (or similar entity) is limited liability protection.
Delaware Business Court Insider | Commentary
By Sara Thompson | June 23, 2021
Section 220 of the General Corporation Law of the State of Delaware provides stockholders with the right to inspect the books and records of a corporation for a "proper purpose" that is "reasonably related to such person's interest as a stockholder."
The Legal Intelligencer | Commentary
By Sara Thompson | June 23, 2021
Section 220 of the General Corporation Law of the State of Delaware provides stockholders with the right to inspect the books and records of a corporation for a "proper purpose" that is "reasonably related to such person's interest as a stockholder."
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