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June 13, 2024 | Delaware Business Court Insider

'The Preposterous Has Become Reality': Chancery Filings Continue to Target Musk, Tesla Board

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.
3 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.
4 minute read
June 11, 2024 | Delaware Law Weekly

Shareholder Lawsuit Claims Musk's Focus on X Has Come at Tesla's Expense

"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.
4 minute read
April 04, 2024 | Law.com

Delaware Supreme Court Stresses Committee Independence In Match Group Decision

The Supreme Court said entire fairness is the standard of review in any controller-involved transaction, but business judgment can be applied when both an independent committee and a shareholder vote approve the deal.
4 minute read
April 04, 2024 | Delaware Business Court Insider

Supreme Court Stresses Committee Independence In Match Group Decision

The Supreme Court said entire fairness is the standard of review in any controller-involved transaction, but business judgment can be applied when both an independent committee and a shareholder vote approve the deal.
4 minute read
February 16, 2024 | Delaware Business Court Insider

Glasscock's Plan to Retire From Delaware Chancery Court Is Announced

Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read
February 16, 2024 | Delaware Law Weekly

Glasscock Plans to Retire from Court of Chancery by Year End

Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read
December 19, 2023 | Delaware Law Weekly

Out-of-State Case Isn't Enough to Dismiss Otherwise Supported Derivative Litigation, Del. High Court Says

It's the first time the state's high court has officially addressed whether or not a Delaware judge can take adjudicative notice of factual findings from another court,.
4 minute read
December 19, 2023 | Delaware Business Court Insider

Delaware High Court: Out-of-State Case Isn't Enough to Dismiss Otherwise Supported Derivative Litigation

It's the first time the state's high court has officially addressed whether or not a Delaware judge can take adjudicative notice of factual findings from another court,.
4 minute read
December 13, 2023 | Delaware Business Court Insider

Delaware Transaction Law Lineage Laid Out in Long-Awaited Match Group Argument

It's time to draw some lines on where so-called "MFW creep" ends, Delaware Supreme Court justices said during argument in the Match Group shareholder appeal.
4 minute read

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