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Ending one skirmish amid the legal battles at Tesla over excessive compensation, a Delaware Chancery Court on January 8 approved a deal that Teslas board of directors struck 18 months ago to return roughly $919 million to the company. Along with the settlement, Delaware Chancery Court Chancellor Kathaleen McCormick also approved $176.2
This court commentator is a practicing attorneys, not a reporter. The post 3 Questions For A Delaware Litigator And Court Commentator (Part II) appeared first on Above the Law. He has a better idea of when a decision is significant and when it’s not.
I began my paralegal career working for one attorney, in one specific area of law. I thought I was busy then, but nothing prepared me for the circus act of juggling multiple cases for multiple attorneys in different practice areas. In this blog post, I’ll share some helpful advice for paralegals who work for multiple attorneys.
Hunter Biden’s original motion to dismiss the charges alleged that the appointment of Special Counsel David Weiss, appointed by Attorney General Merrick Garland in 2023, was unlawful under Department of Justice (DOJ) regulations , which state that “The Special Counsel shall be selected from outside the United States Government.”
Shareholders of Santander Consumer USA, La Jolla Pharmaceutical, Nektar Therapeutics and Inovalon Holdings filed new suits in Delaware'sCourt of Chancery last week, and attorneys for billionaire Elon Musk and Twitter Inc. deforested a small hillside to document an increasing number of discovery disputes.
Delaware's Chancery Court last week saw new cases from shareholders of World Wrestling Entertainment, Kraft Heinz, Block Inc. and Grayscale Investments.
Share The Relist Watch column examines cert petitions that the Supreme Court has relisted for its upcoming conference. Once again this week, the Supreme Court has been busy sifting through the relists. And the court denied review of a petition raising a First Amendment challenge to university bias-response teams.
Do defendants and the court have the right to ask who is funding a particular patent litigation? Chief Judge Connolly in Delaware says they do, and in In re Nimitz, the Federal Circuit denied a request to stop the judge’s inquiry. The district court then issued a memorandum outlining its concerns.
We were curious as to the status of online court help to the self-represented litigants as a good 2021 year-end wrapup article for the CTB? Colorado courts have a dedicated page for "Efiling for Non-Attorneys" at: [link] There are links to forms and video/written tutorials listed. We share what we found below.
Delaware's judiciary announced this week that a former Young Conaway Stargatt & Taylor LLP attorney who also previously worked for the state's Department of Justice has been appointed to serve as a magistrate in the Chancery Court.
The Department of Justice and the Attorney General of Delaware have announced indictments totaling 35 counts against four people in connection with a series of crimes including carjackings, a kidnapping, a rape, and theft that occurred as part of a crime spree in April.
New cases in Chancery Court last week ranged from cannabis control in California to fraud claims in Rwanda, while decisions covered everything from yoga to attorneys blacklisted from concert halls. Oddly enough for Chancery Court regulars, the Twitter disputes happened elsewhere.
A nearly record-breaking attorney fee got the nod in Delaware last week, along with Chancery Court settlements involving an international private jet service and a chain of trampoline parks.
Litigation linked to billionaire Elon Musk sparked several filings in Delaware'sCourt of Chancery last week, including a call for sanctions and hand-wringing about a proposed multibillion-dollar attorney fee. Other court activity centered on Paramount's proposed $4.5
Amendments to Delaware's General Corporation Law topped the news out of the Court of Chancery again last week, as the hotly contested measure sailed through the state's legislature.
Biden claims Giuliani acquired Biden’s computer data illegally from John Paul Mac Issac, an owner of a Delaware computer repair shop. Mac Issac allegedly reached out to Giuliani and mailed Giuliani and Attorney Robert J. Hunter Biden has been busy in the courts as of late.
Shareholders who filed dueling Delaware Chancery Court suits over Madison Square Garden Entertainment's 2021 merger with MSG Networks won court approval Monday for $133.5 million worth of settlements to resolve the two disputes, with attorneys for the plaintiffs securing more than $36 million in fees and expenses.
An attorney for Camping World Holdings Inc. directors told a Delaware vice chancellor Tuesday that stockholder claims for derivative damages tied to $530 million in alleged insider trading can't pass newly clarified court requirements to show the futility of demands for company-led litigation.
has agreed to resolve derivative claims in multiple stockholder suits in California federal court and Delaware'sCourt of Chancery by implementing corporate governance reforms and paying up to $2.15 million to plaintiffs' attorneys, the company has announced. Pop culture lifestyle brand Funko Inc.
Half the state supreme courts in the country don’t have a single justice identifying as a person of color and, while awareness of the lack of diversity is slowly leading to change, only 17 percent of state supreme court justices are Black, Latino, Asian American or Native American, reports Pew Stateline.
The proposed Delaware General Corporation Law amendment in response to the Court of Chancery's recent opinion in West Palm Beach Firefighters' Pension Fund v.
Pointing to recent Tesla stockholder votes to reincorporate in Texas and approve a mammoth Elon Musk pay package voided in Delaware, an attorney for Tesla has asked the Court of Chancery to reconsider holding a July 8 hearing on a proposed multibillion fee for class attorneys who won the Musk salary put-down.
Fox Rothschild LLP has added an attorney to its Delaware office who spent more than a decade at commercial litigation boutique Abrams & Bayliss LLP to bolster its ability to handle cases in the Chancery and other courts.
The new charges join the two previous charges filed against him in a federal court in Delaware. US Attorney General appointed Special Prosecutor David Weiss to conduct and oversee the investigation into Biden in August, which led to the indictment issued on Thursday. He is also charged with one count of violating 26 U.S.C.
Chancery Court news was full of fees and settlements last week, with three multimillion-dollar deals getting a court OK, and a day-long discussion over a potentially multibillion-dollar fee award for attorneys who got Tesla CEO Elon Musk's astronomical pay package thrown out.
Attorneys for former CBS Corp. the attorneys told the Delaware Chancery Court in a stipulation filed Friday. stockholders are seeking more than $45 million in fees for their work on a $167.5
A civil lawsuit is started with a complaint that needs to be drafted in the proper format, filed in the local court system, and served to the defendant.
Former Attorney General William Barr has been subpoenaed in Dominion Voting Systems' massive defamation suit alleging Fox News Network published unfounded election fraud claims, according to a docket entry in the Delaware state court case.
Grant & Eisenhofer PA attorneys are representing a pension fund investor in dating app company Bumble Inc. in a Delaware Chancery Court suit accusing company officers and controlling shareholder Blackstone Inc. of manipulating a September 2021 secondary public offering to unfairly benefit Blackstone affiliates.
The Delawarecourt system is recognized throughout the legal profession as a leading forum for the litigation of business and commercial disputes. State Court Expansion. As the company’s name suggests, PacerPro developed its PDF2Go service for the federal courts’ PACER electronic filing system. Automatic Distribution.
The DelawareCourt of Chancery's recent decision in a Block shareholder's suit over the purchase of Tidal serves as a reminder that an independent and disinterested board will not have liability unless it did not act in good faith — even when the court strongly criticizes flawed processes and the business decision, say attorneys at Fried Frank.
stockholder who sued in Delaware's Chancery Court to delay a stockholder vote on a $1 billion note issuance says his attorneys should get a $850,000 fee award because the lawsuit prompted better disclosures about the company's $4.4 A Unity Software Inc. billion merger with ironSource Ltd.
A consulting firm founded by a former BDO USA LLP partner that lost a defamation lawsuit by default due to "egregious acts of spoliation" urged Delaware Superior Court Friday to reject BDO's request for $5.23 million in attorney fees and expenses, calling the proposed amount "a death sentence."
Attorneys representing stockholders who have struck a $48.5 million deal to end one of two suits in Delaware Chancery Court over Madison Square Garden Entertainment's 2021 merger with MSG Networks plan to seek up to roughly $14.6 million for their work on the case.
DelawareCourt of Chancery last week gave the nod to a range of settlements, fee awards and case consolidations, as attorneys from companies including Carvana and Facebook pushed back on shareholder suits.
stockholder settlement, a class attorney defended as historic on Thursday a potential $120 million deal to end a Delaware Chancery Court suit over a company share conversion and reverse stock split. Acknowledging investor losses and "meme" stock passions driving objections to a proposed AMC Entertainment Inc.
Over the past year, the Federal Circuit has suspended one of its own judges, Delaware's chief federal judge has told the U.S. Department of Justice to investigate attorneys practicing in his court, and the Federal Circuit vacated a huge infringement verdict.
The Delaware Chancery Court's recent decision in the McDonald's case appears to have expanded the potential for Caremark liability beyond the parameters that many legal analysts had understood to apply, finding that maintaining workplace safety is a mission-critical risk for companies but also reinforcing the high bar for that liability, say attorneys (..)
billion squeeze-out by BDT Capital Partners LLC heated up Wednesday in Delaware'sCourt of Chancery as more than a dozen firms on teams led by Scott + Scott Attorneys at Law LLP, Friedlander & Gorris PA and Prickett Jones & Elliot PA are battling to lead a consolidated class suit. The competition among former Weber Inc.
I will turn myself in tomorrow,” according to court filings. At a time when Philadelphia and other big cities are seeing a surge in homicides and fatal shootings , Delaware County’s lone city is experiencing the opposite. Prosecutors in Delaware County are reluctant to attribute those trends to a single factor.
The Delaware Supreme Court's January decision in In re: Oracle and the General Assembly's passage of amendments to the Delaware General Corporation Law this week, when taken together, help make the controlling-stockholder analysis clearer and more predictable for companies with large stockholders, say attorneys at Baker Botts.
The Delaware Chancery Court's recent ruling that a McDonald's officer had oversight obligations on par with directors has wide-reaching implications for Delaware corporate law, including precedent for the court to hear sexual harassment claims, say attorneys at Fried Frank.
Some settle quickly after a case is filed, while others do not reach their denouement until after a trip up to the Federal Circuit or even the Supreme Court. The overwhelming majority of patent cases settle at some point in their lifespan. As usual, there is some great commentary on the decision over at the IP/DE blog , which I recommend.)
Arguing that stockholder rights to opt out of class-wide monetary settlements should no longer be "dependent on the accident of geography," attorneys for an AMC Entertainment Inc. Supreme Court Tuesday to review opt-out denials in a deal that ended a DelawareCourt of Chancery suit last year. stockholder asked the U.S.
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