Delaware Business Court Insider
By Greg Andrews | February 5, 2024
Chancellor Kathaleen McCormick found Maron was "totally beholden" to the billionaire and that three of Tesla's eight board members were as well.
The Legal Intelligencer | Commentary
By Lawrence J. Kotler and Ryan Spengler | February 2, 2024
In In re Kojima, the U.S. District Court for the Central District of California (the court) affirmed a bankruptcy court's order approving a Chapter 7 trustee's proposed settlement of cannabis-related state court claims held by creditors of the estate.
Delaware Business Court Insider | News
By Ross Todd | February 2, 2024
A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
Delaware Business Court Insider
By Emily Saul | February 1, 2024
Plaintiff Wilmington Trust filed a motion for summary judgment in lieu of a complaint in Manhattan Supreme Court Wednesday.
By Ellen Bardash | February 1, 2024
Bankruptcy experts are now expecting to see a steady stream of Chapter 11 filings continue throughout 2024, though not with a year-over-year jump like 2023's.
Delaware Business Court Insider | News
By Charles Toutant | January 31, 2024
Michael Bernabe, who is white, was logged into a virtual team meeting on July 29, 2020, when other employees heard him shout profanity and the N-word.
Delaware Business Court Insider | News
By Ellen Bardash | January 31, 2024
Shortly after Chancellor Kathaleen St. J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
Delaware Business Court Insider | News
By Ellen Bardash | January 30, 2024
Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
Delaware Business Court Insider
By Alex Anteau | January 30, 2024
The most common rationale for the dearth of patent filings has been "the economy," however, the report also notes jurisdictional changes may be a cause.
Delaware Business Court Insider | News
By Ellen Bardash | January 29, 2024
Justice Gary F. Traynor's opinion, which emphasizes Delaware's strong deference to contract freedoms, remanded the case of former Cantor Fitzgerald partners to the Court of Chancery.
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement