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April 24, 2024 | Delaware Business Court Insider

Chancery Urged to Block Tesla 'Run From Jurisdiction' in Elon Musk Pay Case

Tesla has filed a proxy indicating it would be seeking shareholder votes on a relocation to Texas and whether Musk should receive the 2018 compensation plan that had been struck down by the Court of Chancery.
3 minute read
April 24, 2024 | Delaware Business Court Insider

Bankruptcy Court Rejects Equity Holder's Challenge to Revoke Confirmation Order in 'Virgin Orbit'

The equity owner asserted that the confirmation order that was previously entered by the court should be revoked based on the equity owner's claim that value was lost due to improper sale and marketing efforts by the debtors and its professionals both pre- and post-bankruptcy and, as such, they should have been "in the money" and entitled to a distribution under the confirmed plan.
11 minute read
April 24, 2024 | Delaware Business Court Insider

Profit With Purpose: Exploring the Power of Delaware Public Benefit Corporations

In this article, we have focused on entities available under Delaware law. Delaware public benefit corporations (PBCs) emerged in 2013 and have become especially popular as a result of the increased demand for socially conscious business practices, combined with the familiar reliability of Delaware corporate law.
6 minute read
April 23, 2024 | Delaware Business Court Insider

Trump, Truth Social Attorneys Expect 'Solid' Chance at Shareholder Case Dismissal

Vice Chancellor Morgan Zurn said she'll hear argument April 30 on whether to continue handling the case on an expedited basis.
3 minute read
April 23, 2024 | Delaware Business Court Insider

Antitrust Lawsuit Alleges Scheme to Block Digital-Wallet Competitors, Monopolize Cash Access at US Casinos

This suit was surfaced by Law.com Radar, ALM's source for immediate alerting on just-filed cases in federal and state courts. Law.com Radar now offers state court coverage nationwide.
4 minute read
Law Journal Press | Digital Book State Antitrust Law Authors: William T. Lifland View this Book

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April 22, 2024 | Delaware Business Court Insider

Express Files for Bankruptcy In Delaware, Retaining Kirkland

No Big Law firm has dominated the cash-strapped sector of retail like Kirkland & Ellis.
3 minute read
April 22, 2024 | Delaware Business Court Insider

Antitrust Class Actions Surge Soaring Sugar Prices

The sugar producers insist the cases should go to the District of Delaware and, specifically, U.S. District Judge Maryellen Noreika, who oversaw the DOJ's four-day bench trial.
5 minute read
April 22, 2024 | Delaware Business Court Insider

Legal Speak at General Counsel Conference Midwest 2024: Andy Goldberg, Laner Muchin Managing Partner

Last week, Legal Speak spoke live on location at the General Counsel Conference Midwest 2024 in Chicago with professionals across the legal industry about key insights and practical solutions that today's general counsel need to manage and better leverage C-Suite relationships, successfully overcome a litigation crisis, do more with fewer resources, and more.
1 minute read
April 22, 2024 | Delaware Business Court Insider

Help, the Lenders Are Fighting Again: Creditor Violence Driving Demand in Bankruptcy, Litigation Practices

As more large corporations go bust, lenders are jockeying for the position to get repaid first.
6 minute read
April 19, 2024 | Delaware Business Court Insider

Florida Jury Sides With Johnson & Johnson in First Post-Bankruptcy Talc Verdict

Thursday's verdict comes in the second ovarian cancer trial since Johnson & Johnson's failed talc bankruptcies last year.
3 minute read

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