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May 29, 2024 | The Recorder

No Current Need to Formally Block Tesla Shakeup in Chancery, Court Leader Rules

Chancellor Kathaleen McCormick said she's holding defense counsel to their word and will leave the door open for the motions to be raised again if they don't keep it.
4 minute read
May 29, 2024 | Delaware Business Court Insider

McCormick: No Current Need to Formally Block Tesla Shakeup in Chancery

Chancellor Kathaleen McCormick said she's holding defense counsel to their word and will leave the door open for the motions to be raised again if they don't keep it.
4 minute read
May 22, 2024 | Delaware Business Court Insider

Delaware Supreme Court Affirms AMC Shareholder Settlement Over Stock Split

Counsel for AMC said court interference might hinder the possibility of the Chancery court ever again certifying a shareholder class that didn't vote unanimously on an issue.
3 minute read
May 22, 2024 | Litigation Daily

How One of the World's Largest Institutional Investors Approaches Litigation

Beata Gocyk-Farber, the lead litigation counsel for Norges Bank Investment Management, spoke about the Norwegian pension fund's "cautious but assertive" approach to securities litigation.
6 minute read
May 08, 2024 | Delaware Business Court Insider

Argument Among Shareholders Rolls on With Appeal of AMC Settlement

It's a unique situation for Delaware's high court, with attorneys from the plaintiffs' bar and those who represent the corporate side sitting at the same table, united in wanting to uphold a settlement that a subset of the class of AMC shareholders wants to have overturned.
4 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

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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 11, 2024 | Delaware Business Court Insider

'Bent on Entrenchment'?: Shareholder Suits Claim 2 Poison Pills Are Anti-Takeover Front for Boards

The two complaints mirror each other, with each citing the same Delaware case law and bringing two breach of fiduciary duty claims—one alleging disclosure violations and the other that board members are using the plans as a means of entrenching themselves.
4 minute read
April 04, 2024 | Law.com

Delaware Supreme Court Stresses Committee Independence In Match Group Decision

The Supreme Court said entire fairness is the standard of review in any controller-involved transaction, but business judgment can be applied when both an independent committee and a shareholder vote approve the deal.
4 minute read
April 04, 2024 | Delaware Business Court Insider

Supreme Court Stresses Committee Independence In Match Group Decision

The Supreme Court said entire fairness is the standard of review in any controller-involved transaction, but business judgment can be applied when both an independent committee and a shareholder vote approve the deal.
4 minute read
March 21, 2024 | Delaware Business Court Insider

Ousted Chemours Execs Targeted in Securities Action Over Corporate Books

ernstein Litowitz Berger & Grossman and Kessler Topaz Meltzer & Check are representing the plaintiff in the case, which brings Exchange Act claims against Chemours and several executives.
3 minute read

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