Sign in to follow

Delaware Business Court Insider

Chancery: Common Stock Worthless in 'Jacobson v. Akademos' and Transaction Was Entirely Fair

Jacobs v. Akademos is a post-trial opinion that addresses a squeeze-out merger where Akademos’ (the company) common stockholders were provided zero consideration. Vice Chancellor Travis Laster found that the common stock was worthless for appraisal purposes and that the transaction was entirely fair.
5 minute read

Texas Lawyer

Texas Business Court Update After One Quarter in Operation

The creation of the business court reflects Texas’ commitment to providing a specialized and efficient forum for resolving high-stakes business disputes, reinforcing its reputation as a top destination for corporate growth and investment.
7 minute read

The Recorder

Shareholder Democracy? The Chatter Musk’s Tesla Pay Case Is Spurring Between Lawyers and Clients

Musk continues to fight the Delaware Court of Chancery’s decision to overturn his compensation plan at Tesla, appealing two decisions from the court to the Delaware Supreme Court last week. Since December, there’s been growing concern among investors about how the Delaware courts weigh issues around shareholder democracy.
6 minute read

Litigation Daily

Shareholder Democracy? The Chatter Elon Musk’s Tesla Pay Case Is Spurring Between Lawyers and Clients

Musk continues to fight the Delaware Court of Chancery’s decision to overturn his compensation plan at Tesla, appealing two decisions from the court to the Delaware Supreme Court last week. Since December, there’s been growing concern among investors about how the Delaware courts weigh issues around shareholder democracy.
6 minute read

Corporate Counsel

Apple GC’s Compensation Flat Again in 2024, but She Might Snag No. 1 Spot on Top-Paid List Anyway

Kate Adams was the highest-paid U.S. legal chief in 2022 and the second-highest in 2023 and 2024.
4 minute read

Corporate Counsel

What to Know About the New 'Overlapping Directorship' Antitrust Development

The board’s governance and nominating committee will benefit from the general counsel’s briefing on the latest development affecting antitrust enforcement of interlocking directorships.
4 minute read

The Recorder

Tesla, Musk Appeal Chancery Compensation Case to Del. Supreme Court

Quinn Emanuel Urquhart & Sullivan; Cravath, Swaine & Moore; and Ross Aronstam & Moritz are representing Musk and Tesla's board on appeal, with opening briefs due Feb. 25.
2 minute read

Delaware Business Court Insider

Tesla, Musk Appeal Chancery Compensation Case to Delaware Supreme Court

Quinn Emanuel Urquhart & Sullivan; Cravath, Swaine & Moore; and Ross Aronstam & Moritz are representing Musk and Tesla's board on appeal, with opening briefs due Feb. 25.
2 minute read

New York Law Journal

Here’s Looking at You, Starwood: A Piercing the Corporate Veil Story?

Todd Soloway and Bryan Mohler discuss and analyze the decade-old dispute involving the stewardship of a historic hotel in Casablanca, Morocco while they consider steps hospitality industry stakeholders can take to protect against unforeseen liability due to the actions of corporate affiliates.
7 minute read

The Recorder

Del. Chancery Claims Linking Fox Management to Defamation Liability Clear Hurdle

Vice Chancellor J. Travis Laster wrote that shareholder plaintiffs had shown Rupert Murdoch's potential liability in the case prevented him from considering litigation independently.
4 minute read

More from ALM

More from ALM

Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.

Resources

  • Aligning Client Needs with Lawyer Growth and Profitability

    Brought to you by BigHand

    Download Now

  • Technology to Make E-Discovery Smarter, Not Harder

    Brought to you by Nuix

    Download Now

  • Does Generative AI Have the Power to Transform Legal Services?

    Brought to you by HaystackID

    Download Now

  • How This Personal Injury Firm Reduced Client Intake Time by 80%

    Brought to you by PracticePanther

    Download Now