Examining how lawyers, both in-house and outside, interact with boards of directors in times of challenge and crisis and trends in corporate law and board operations that affect companies.
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.
4 minute read
By Greg Andrews | February 2, 2024
The energy giant had sued Arjuna Capital and Follow This last month, saying they were abusing the shareholder-proposal process to try to "shrink" the company.
3 minute read
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."
10 minute read
By Jack Womack | February 1, 2024
The firm's famously high NQ pay is "indirectly demanded" by clients, London co-managing partner Andrej Wolf said.
4 minute read
Delaware Business Court Insider
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J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
5 minute read
By Hugo Guzman | January 31, 2024
Ten percent of legal departments faced ESG-related litigation last year, up from 2% a year earlier, Norton Rose said in a new study.
3 minute read
Delaware Business Court Insider
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.
3 minute read
By Alex Anteau | January 25, 2024
"The evidence is there that she was angry about the shifting responsibilities from her to [the plaintiff] and that could be a motive to destroy his career," said plaintiff-appellant counsel Randolph Mayer.
5 minute read
By Greg Andrews | January 25, 2024
The oil giant accused two activist investors of employing a "Goldilocks Trojan Horse strategy" aimed at undermining its business.
4 minute read
By Chris O'Malley | January 25, 2024
Exxon Mobil's mandatory retirement age of 65 forced the oil giant's prior two general counsel into retirement. Will current GC Craig Morford be next when he turns 65 on Feb. 10?
7 minute read
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Professional Announcement
Frederick D. Miceli has joined the firm as Of Counsel
Professional Announcement
