Delaware Business Court Insider
By Ellen Bardash | April 26, 2024
The Boy Scouts of America, which filed for Chapter 11 in the District of Delaware in February 2020 and has since had a reorganization plan confirmed, faced more abuse claims than had been brought in any bankruptcy case before. A new bill in Congress would address such cases.
Delaware Business Court Insider | News
By Ellen Bardash | April 24, 2024
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.
Delaware Business Court Insider | Commentary
By Lawrence J. Kotler | April 24, 2024
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.
Delaware Business Court Insider | Commentary
By Chandra K. Shih, Alyssa Frederick and Sara Uz | April 24, 2024
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.
Delaware Business Court Insider | News
By Ellen Bardash | April 23, 2024
Vice Chancellor Morgan Zurn said she'll hear argument April 30 on whether to continue handling the case on an expedited basis.
By Mason Lawlor | April 23, 2024
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.
Delaware Business Court Insider | News
By Dan Roe | April 22, 2024
No Big Law firm has dominated the cash-strapped sector of retail like Kirkland & Ellis.
By Amanda Bronstad | April 22, 2024
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.
By Cedra Mayfield | Patrick Smith | April 22, 2024
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.
The American Lawyer | Analysis
By Dan Roe | April 22, 2024
As more large corporations go bust, lenders are jockeying for the position to get repaid first.
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