By Tom McParland | October 26, 2018
A new shareholder lawsuit has accused the Tesla board of engaging in a conspiracy to cover up its failure to monitor CEO Elon Musk's "increasingly erratic" public statements, in a case that could set up the question of whether Musk's tweets qualify as company statements.
By Tom McParland | October 23, 2018
Explaining his decision to reincorporate his business in Nevada, TransPerfect co-founder and CEO Philip R. Shawe returned to Delaware last week to deliver a parting shot to the state's legal establishment, saying the Delaware Court of Chancery was too quick to order the profitable translation software company to the auction block.
By Tom McParland | October 17, 2018
TransPerfect confirmed the move as Philip Shawe, the software company CEO, was set to attend an event billed as a "deep dive into a notorious Delaware court case," according to the Wilmington History Society. His company will likely never litigate again in the First State.
By Tom McParland | September 24, 2018
A Delaware jury has returned a $3 million verdict in a whistleblower suit against Overstock.com, finding after just one hour of deliberation that the online retailer had avoided reporting abandoned gift card balances to state officials.
By Caroline Spiezio | September 17, 2018
Among the trends the report highlighted is a growing use of proxy access for voting and the inclusion of "intent to serve" language in amendments to company bylaws
By Tom McParland | September 12, 2018
The Delaware Superior Court judge overseeing more than 200 lawsuits alleging that Johnson & Johnson's talcum powder products had caused ovarian cancer has dismissed all claims from out-of-state plaintiffs, ruling this week that the court lacked jurisdiction to hear the cases after the U.S. Supreme Court's 2017 ruling in Bristol-Myers Squibb v. Superior Court of California.
By Tom McParland | August 30, 2018
A state Superior Court judge on Wednesday allowed two lawyers to testify on behalf of a company accused of orchestrating a scheme to circumvent Delaware's unclaimed property laws, saying that a lack of guidance from state officials had led experts to rely on each other to advise clients.
Delaware Business Court Insider | News
By Tom McParland | August 9, 2018
The lawsuit filed by Debevoise & Plimpton targets Sinclair's "belligerent and unnecessarily protracted" negotiations with regulators.
By Caroline Spiezio | August 6, 2018
According to American Lawyer Media's 2018 General Counsel Compensation Survey, these U.S. GCs brought home the big bucks last year.
Delaware Business Court Insider | News
By Tom McParland | July 24, 2018
Three law firms are pressing their case for $129 million in attorney fees in a shareholder suit over Facebook Inc.'s since-abandoned plan to reform its stock structure in a way that would have given founder Mark Zuckerberg more control over the company.
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