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J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."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 | 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.
By Ellen Bardash | January 24, 2024
Loren Barron is currently the only attorney there but said she plans to start growing the practice as soon as possible, ideally adding four or five additional lawyers within the next six months.
By Ellen Bardash | January 24, 2024
The decision was a win for Fox, which is represented by attorneys from Kirkland & Ellis. The court said there's not enough on the record to justify dismissing Fox News' counterclaims at this point.
By Amanda Bronstad | January 23, 2024
The amicus briefs, filed on Monday, support a petition from an claimants committee in the Bestwall LLC bankruptcy for the U.S. Supreme Court to reverse an injunction order blocking mesothelioma victims from pursing their asbestos lawsuits.
Delaware Business Court Insider | News
By Ellen Bardash | January 23, 2024
It's the latest wave of litigation blowback against telecommunications companies that were linked to toxic underground cables and their effects.
Delaware Business Court Insider | News
By Riley Brennan | January 19, 2024
Vice Chancellor Paul Fioravanti, Jr. concluded that plaintiffs wrongly included confidential and privileged information on life sciences company Illumina in their complaint against individual defendants related to the company, but "as a general rule, directors are entitled to privileged communications delivered to the corporation or the board."
By Ellen Bardash | January 19, 2024
A Hard Rock Cafe employee has sued the restaurant chain's U.S. branch in Delaware federal court, claiming she and hundreds of others have been underpaid…
The Legal Intelligencer | News
By Riley Brennan | January 19, 2024
The ruling marks a win for Washington, D.C., boutique litigation firm Cooper & Kirk, which represents the plaintiffs challenging the statutes.
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