Delaware Business Court Insider | News
By Tom McParland | September 13, 2018
Facebook Inc. investors have launched another Delaware Court of Chancery lawsuit over the company's since abandoned plan to restructure in a way that would have given founder and CEO Mark Zuckerberg more control over the company.
Delaware Business Court Insider | Commentary
By Edward M. McNally | September 12, 2018
Appraisal litigation is unique under Delaware law. In almost every instance you can think of, once an event provides a right to recover damages (such as a fire caused by negligence), what happens later is relevant to determining the amount of damages.
Delaware Business Court Insider | News
By Tom McParland | September 11, 2018
The Tesla Inc. board defended what its lawyers termed Elon Musk's "unusual and audacious" pay package in a motion last week to dismiss a derivative challenge to a compensation scheme that could make the electric car manufacturer's CEO one of the most highly compensated public-company executives in the world.
By Lidia Dinkova | September 11, 2018
This is the first corporate financing transaction the law firm has done for Chico's FAS, owner of the Chico's, White House Black Market and Soma brands.
Delaware Business Court Insider | News
By Tom McParland | September 10, 2018
CBS Corp. has settled its Delaware Court of Chancery lawsuit against controlling stockholder National Amusements Inc., saying Monday that the company would put aside $120 million to pay former CEO Leslie Moonves, pending the outcome of an investigation into allegations that he had sexually harassed women during his time at the network.
Delaware Business Court Insider | News
By Tom McParland | September 7, 2018
According to a new lawsuit, Papa John's CEO launched a "false and defamatory campaign" accusing a chairman of racism to save his own job.
By The Legal Intelligener | September 7, 2018
Anderson Kill, Hangley Aronchick Segal Pudlin & Schiller, McCarter & English and Morgan, Lewis & Bockius will sponsor a Litigation CLE Institute on Sept. 13 from 7:30 a.m. to 12:30 p.m., The Union League of Philadelphia, 140 South Broad St., Philadelphia.
The Legal Intelligencer | Commentary
By Katayun I. Jaffari and Kimberly W. Klayman | September 7, 2018
In June of this year, the Securities and Exchange Commission (SEC) voted to approve rule amendments (referred to in this article as the amendments) that specifically expand the definition of the so-called “smaller reporting company.”
By Tom McParland | September 6, 2018
The complaint alleges that Musk knew at the time there was no financial backing for the proposed buyout and that the fallout led to significant losses for investors who bought Tesla stock between Aug. 7 and Aug. 17.
Delaware Business Court Insider | Commentary
By Barry M. Klayman and Mark E. Felger | September 5, 2018
The purchase and sale of claims held by creditors against debtors in a bankruptcy proceeding has become a big business.
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