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Court OKs Tesla Board’s Deal to Repay Nearly $1 Billion

Intelligize Blog

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

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Why A Delaware Supreme Court Decision Affirming Shifting A Contingency Fee To The Losing Party Could Have Applications To Recovering The Costs Of Litigation Funding [Sponsored]

Above The Law

The state’s top court upheld fee-shifting of a contingent fee. The post Why A Delaware Supreme Court Decision Affirming Shifting A Contingency Fee To The Losing Party Could Have Applications To Recovering The Costs Of Litigation Funding appeared first on Above the Law.

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Delaware Court Decision Adds to SPACs’ Woes

Intelligize Blog

The post Delaware Court Decision Adds to SPACs’ Woes appeared first on Intelligize. The blank-check entities unofficially became a fad around the time SPACs affiliated with celebrities such as Shaquille O’Neal and Ashton Kutcher launched.

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Catching Up With Delaware's Chancery Court

Law 360

Delaware Chancery Court decisions last week touched on foot powder litigation, an AMC settlement and in-person signage as damage control for a postponed hearing. New cases ranged from Amazon sales centers to a fibrosis drug.

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Delaware Loses Bid to Keep Uncashed MoneyGram Checks

Constitutional Law Reporter

In Delaware v. Supreme Court held that uncashed MoneyGram checks are governed by the Disposition of Abandoned Money Orders and Traveler’s Check Act (FDA) and should be returned to the state where they were issued. The post Delaware Loses Bid to Keep Uncashed MoneyGram Checks appeared first on Constitutional Law Reporter.

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United States: Delaware Chancery Court Decision Highlights Risks Of Liability For Directors In SPAC Deals - Bryan Cave Leighton Paisner LLP

Mondaq

A recent Delaware Chancery Court decision highlights the liability risks faced by directors and sponsors of special purpose acquisition companies and the importance of robust disclosure in protecting against those risks.

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Restitution, medical malpractice, and a capital appeal

SCOTUSBlog

In 1993, William Neilly was sentenced in Michigan state court to life without the possibility of parole for a homicide he committed as a juvenile. Because of intervening Supreme Court decisions prohibiting the imposition of no-parole life sentences for juvenile offenders, he was resentenced to a lesser sentence.

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