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July 24, 2023 | Delaware Business Court Insider

Back to the Drawing Board: Vice Chancellor Blocks Settlement of Claims Arising From AMC's Reverse Stock Split

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
July 24, 2023 | Delaware Law Weekly

Vice Chancellor Blocks Settlement of AMC's Reverse Stock Split Suit, Sends Lawyers Back to Drawing Board

The problem with the settlement, the court said, is its proposed release of claims involving AMCs preferred equity shares, or APEs, held by those who also hold common stock.
4 minute read
July 19, 2023 | Delaware Business Court Insider

$735 Million Settlement Reached in Tesla Shareholder Lawsuit Over Director Compensation

Shareholders alleged that current and former members of the board grossly overpaid themselves between 2017 and 2020.
2 minute read
July 19, 2023 | New York Law Journal

Tesla Board Agrees to $735 Million Settlement in Shareholder Lawsuit Over Director Compensation

Shareholders alleged that current and former members of the board grossly overpaid themselves between 2017 and 2020.
2 minute read
July 03, 2023 | Delaware Law Weekly

Richards, Layton & Finger Elects New Firm Directors

Richards, Layton & Finger announced that it has elected attorneys Robert Greco, Antonios Roustopoulos and Brendan Schlauch as directors of the firm, effective July 1.
1 minute read
June 22, 2023 | Delaware Law Weekly

Meet the Judge and Lawyers in Hunter Biden's Federal Criminal Case in Delaware

Biden's defense counsel Christopher Clark is no stranger to high profile litigation: he's defended both Elon Musk and Mark Cuban in SEC actions. His client is set to plead guilty in July.
4 minute read
June 22, 2023 | Delaware Business Court Insider

Here Are the Judge and Lawyers in Hunter Biden's Federal Criminal Case in Delaware

Biden's defense counsel Christopher Clark is no stranger to high profile litigation: he's defended both Elon Musk and Mark Cuban in SEC actions. His client is set to plead guilty in July.
4 minute read
June 20, 2023 | Delaware Law Weekly

DSBA to Hold Litigation and Arbitration CLE

The Delaware State Bar Association is scheduled to hold a live CLE titled "Finding the Right Fit: A Comparison of Litigation in Delaware's Specialized Commercial Courts and Arbitration" on Wednesday.
1 minute read
June 14, 2023 | Delaware Business Court Insider

Guidance on Drafting Proxies Under Delaware Law

A recent opinion from the U.S. Bankruptcy Court for the District of Delaware, In re CII Parent, provides helpful guidance on drafting proxies and highlights potential pitfalls for the unwary, including in relation to the proxyholder's power to execute and deliver stockholder consents.
7 minute read
May 22, 2023 | Delaware Law Weekly

DSBA to Hold Deposition Skills CLE

The litigation section of the Delaware State Bar Association is scheduled to hold a live CLE event titled "Deposition Skills in Chancery Court."
1 minute read

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