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New Jersey Law Journal

Driver Reaches $1M Settlement After Sustaining Spinal Injuries in Rear-End Collision

The plaintiff suffered a left shoulder tear and cervical and lumbar herniations. He ultimately underwent a lumbar laminectomy, a lumbar fusion and the insertion of a spinal cord stimulator.
2 minute read

Delaware Business Court Insider

Here's How Elon Musk's $56B Executive Comp Loss Could Reverberate

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J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
5 minute read

Delaware Business Court Insider

Tesla Shareholder Wins Challenge to Elon Musk's Tesla Comp Package

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.
3 minute read

Corporate Counsel

Tesla Rival Taps Mercedes-Benz GC for Top Lawyer Job

"Lucid's products set an incredibly high bar for automotive companies, and I'm energized to join at a time when the company is poised to expand further," new legal chief Matt Everitt said.
4 minute read

The Legal Intelligencer

Pa. High Court Ruling Could Temper Challenges to Auto Coverage Exclusions

"It just brings it back to the general idea that unless there is a clear anomaly in the law, the court is going to continue to apply precedent as is," Glen Shikunov said.
3 minute read

Corporate Counsel

Quinn Emanuel Probe of Cruise Crash Finds Executives 'Not Actively Engaged' as Crisis Unfolded

The law firm's 195-page internal report blasts Cruise for "poor leadership, mistakes in judgment, lack of coordination" and a failure to grasp its obligation to be transparent and accountable to the public and regulators.
8 minute read

The Legal Intelligencer

Proposed Class Action Raises Question of Insurers' Obligation to Pay for Loss-of-Value Damages

"This issue needs to get settled in Pennsylvania as to whether or not these damages are available," Saltz Mongeluzzi partner Patrick Howard said.
3 minute read

Corporate Counsel

Cummins Investors, Customers Sue, Piling on After $2B DOJ Settlement

The legal fallout is just beginning for Cummins, which opened up its wallet to settle charges it installed emissions-control defeat devices in Dodge Ram pickups.
5 minute read

Delaware Business Court Insider

Nikola: Gridlock With Insurers Is Stalling Settlements With Shareholders

"Because settlements of derivative actions are not indemnifiable by the nominal company defendant in Delaware, this would defeat a key function of D&O insurance."
3 minute read

Corporate Counsel

$2B Settlement in Cummins Environmental Probe Signals End to Era of Lax Enforcement

The agreement "sends a signal the EPA is making an example of someone. Make sure your house is in order," said Joshua Van Eaton, a principal at Beveridge & Diamond.
6 minute read

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