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Delaware Business Court Insider

Chancery Court Opinion in 'Centrella v. Avantor': A Continuation of Expanding Advancement Rights

The recent decision by Delaware Vice Chancellor Nathan Cook in Centrella v. Avantor Inc. continues a notable trend in Delaware jurisprudence, emphasizing the broad application of advancement rights.
6 minute read

Corporate Counsel

Why Corporate Founders Should Consider an ESOP as an Alternative Exit Strategy

Amid increased M&A activity in 2024, a growing number of middle-market dealmakers and corporate founders are considering their options for a successful exit. One strategy that has attracted attention this year, largely due to its social and economic benefits, is the employee stock ownership plan (ESOP).
5 minute read

Delaware Business Court Insider

Tesla Shareholders Move to Consolidate Cases Over Musk's Focus on X, AI

If the motion is granted, the court would go from juggling seven cases against Tesla and Elon Musk to five.
4 minute read

Corporate Counsel

Disclosure Flip-Flop by Nuclear Reactor Firm Powers Debate Over SEC Reporting Obligations

NuScale Power found itself having to explain why it stated that it did not believe it was under SEC investigation, even though it had been contacted by the agency seven months earlier and asked to provide a trove of information.
6 minute read

Corporate Counsel

The General Counsel's Role in Supporting Boardroom Civility

There's little question that today's harsh and divisive public discourse can often extend itself to the corporate boardroom. There's also little question that such divisiveness can impede effective governance. And there should be very little question that the general counsel is well positioned to provide advice on respectful and productive boardroom discourse.
6 minute read

Law.com

'When Does It End?' Chancellor Asks Defense Counsel in Dispute Over Musk Compensation

Chancellor Kathaleen St. J. McCormick pressed attorneys on the scope of their request to the court and what authority the court has to grant it.
5 minute read

International Edition

General Counsel Should Help Prevent Greenwashing, Australia Securities Regulator Says

The Australian Securities & Investments Commission has been very focused on greenwashing and is likely to launch more prosecutions.
5 minute read

Delaware Business Court Insider

Journey Bandmates in Corporate Deadlock Turns to Court of Chancery

Keyboardist Jonathan Cain, represented by Fox Rothschild, has filed a petition for the court to appoint a custodian to act as an independent third director of Freedom 2020 Inc., the operating entity in which Cain and Journey guitarist Neal Schon each hold 50% of the voting stock.
2 minute read

Delaware Business Court Insider

'A Big Black Box'?: What to Expect Now That the DGCL Has Been Amended

The latest batch of changes—which take effect on Thursday—has seen less unanimous support from the corporate bar than the amendment process usually does.
4 minute read

International Edition

Gibson Dunn Guides UK Takeover Panel to Issuing Toughest Ever Punishment

The ten individuals have been punished for breaches to the code from over a decade ago.
2 minute read

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