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The US Supreme Court Tuesday released a unanimous opinion holding that certain abandoned financial instruments that are similar to money orders may be recovered by the state in which they were purchased. In Delaware v. The court disagreed. However, if the check is never cashed, MoneyGram retains the funds as unclaimed property.
A Delaware Superior Court Judge Tuesday ruled Fox Corp. Davis ruled that Delaware’s two-year statute of limitations applies and not New York’s one-year statute of limitations. ” The post Delawarecourt rules Fox Corp. of election fraud related to the 2020 US presidential election.
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
Judge John Dorsey of the United States Bankruptcy Court District of Delaware rejected in part and ruled in favor in part of a motion Friday by bankrupt cryptocurrency trading company FTX’s debtors and the Official Committee of Unsecured Creditors requesting the company’s customer list stay private.
Similar to its federal counterpart, Delaware Rule of Evidence 901(a) provides that To satisfy the requirement of authenticating or identifying an item of evidence, the proponent must produce evidence sufficient to support a finding that the item is what the.
In a coincidence of timing that reflects how legal professionals are wrestling with issues around generative artificial intelligence, the supreme courts of Delaware and Georgia issued orders within a day of each other last week relating to the use of AI in the courts and by legal professionals.
The Delaware Mountain Group is a group of formations including the Bell Canyon, Cherry Canyon and Brushy Canyon formations, deposits in ancient canyons filled in over the ages, and are productive of oil and gas. These disposal wells have caused water to migrate to producing wells in the Delaware Mountain Group, killing those wells.
Overview On January 30, 2024, the Delaware Chancery Court voided Elon Musk’s $55.8 In response, Musk expressed public criticism of the Court’s decision, including posting on X (formerly Twitter) that entrepreneurs and founders should “never incorporate your company in the state of Delaware.”
A multi-billion dollar Tesla trust proposal, a Truth Social bond, power plays over Prince's estate, and three in the ring for World Wrestling Entertainment: all of this and much more came up in Delaware Chancery Court dockets last week.
million shopping mall deal, some questionable Amazon deliveries and long-ago expired ketchup: it was all part of the comings and goings in Delaware'sCourt of Chancery last week. In case you missed it, here's the latest from the Chancery Court. A $6 million bank fee, a $42.5 billion telecom merger.
Last week, Delaware justices mulled whether one Chancery Court vice chancellor properly voided four company bylaws — just as another vice chancellor voided one more.
billion sale dispute topped the news out of Delaware'sCourt of Chancery last week. A record $100 million settlement, a fishy Facebook decision, a canceled Amazon delivery and an upended $7.3 There were also new cases involving Hess, Microsoft and the 2022 World Cup.
“Delaware Supreme Court eases path for some companies to leave state”: Jonathan Stempel of Reuters has this report on a ruling that the Supreme Court of Delaware issued Tuesday.
Justice Jackson's Jurisprudence Holds No Shelter For Finder's Keepers : Take that, Delaware ! Determining If The President Has The Authority To Cancel Loans Is One Thing, But Does The Court? The post Delaware No Swiping! Delaware No Swiping! Delaware No Swiping! What Happened To Reading The Fine Print ?:
No other district court other than Texas has as much impact on patent litigation as Delaware. The post 3 Lessons From The Delaware Bench Bar Conference (Part I) appeared first on Above the Law.
Last week in Chancery Court, an aircraft suit crashed, a football suit sailed out of bounds, and shareholders made up with a cosmetics company. In case you missed it, here's a recap of all the top news out of Delaware's Chancery Court. The Chancery also registered new cases involving used cars and self-driving trucks.
Delaware'sCourt of Chancery dropped two potentially far-reaching decisions last week: one about founder control at Moelis & Co. and another about TripAdvisor's planned move to Nevada. On top of that, there were new cases involving Citrix Systems, Alcoa Corp., BGC Partners Inc. and Cantor Fitzgerald LP.
New cases in Delaware'sCourt of Chancery last week alleged "pie in the sky" investments by Palantir Technologies and wasteful satellite-launch contracts by Amazon. The nation's court of equity also logged notice of a $65 million settlement and got ready for another coming up this week that could be almost three times as much.
“Elon Musk Pay Deal Decision Appealed to Delaware High Court; Delaware chancellor blocked $56 billion pay deal last January; Florida shareholders appealed decision voiding record pay”: Gillian R. Brassil of Bloomberg Law has this report.
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.
Law firms have been preparing for the upcoming Texas Business Court since the state announced that it wanted to compete with the DelawareCourt of Chancery, but many have adopted a wait-and-see approach to the Lone Star State's newest venue, which opened for cases this week.
“First Black woman on Delaware high court confirmed to federal bench”: Nate Raymond of Reuters has this report. Montgomery-Reeves of the Supreme Court of Delaware to a seat on the U.S. Court of Appeals for the Third Circuit. Today, the U.S. Senate voted 55-to-35 to confirm Justice Tamika R.
“US appeals court questions bid to block Delaware assault weapons ban”: Nate Raymond of Reuters has a report that begins, “A U.S. Supreme Court ruling in 2022 that expanded gun rights.” Supreme Court ruling in 2022 that expanded gun rights.”
LeGrow sworn in as Delaware Supreme Court Justice”: The Supreme Court of Delaware issued this news release Tuesday. LeGrow sworn in as Delaware Supreme Court Justice” appeared first on How Appealing. “The Honorable Abigail M. The post “The Honorable Abigail M.
News broke last week that Delaware'sCourt of Chancery will say goodbye to its current longest-serving jurist, a development that quickly overshadowed a busy week of new merger and board disputes, fee rulings, settlements, and books-and-records demands.
Most jurisdictions allow criminal defendants to raise an involuntary intoxication defense that can absolve them of criminal liability if they unknowingly ingested drugs or alcohol to the point of intoxication. Imagine, for instance, that a defendant thinks she's eating regular.
“How Kirkland Uses Court Shopping to Get an Edge in Bankruptcy; Big Law behemoth favored Houston, Delaware, Richmond courts; Practices raise concern over bankruptcy system fairness”: Ronnie Greene, James Nani, and Umar Farooq of Bloomberg Law have this report.
“Delaware Weapons Ban Can Stay in Effect, Third Circuit Says; Preliminary injunction isn’t merited, appeals court says; Court doesn’t say whether challenge likely to ultimately succeed”: Mike Vilensky of Bloomberg Law has this report on a decision that the U.S.
A Hong Kong company that sued a California-based private equity firm for refusing to invest the company's $50 million into SpaceX says the firm has now sued the company's Chinese parent in California, creating "duplicative proceedings" that ought to be brought in Delaware's Chancery Court.
“How the Supreme Court’s decision in unclaimed property case will affect Delaware”: Brandon Holveck of The News Journal of Wilmington, Delaware has this report. The post “How the Supreme Court’s decision in unclaimed property case will affect Delaware” appeared first on How Appealing.
Whether there is an unstated agreement among Delaware’s legal and business consultants and operators and the judges of the Chancery and other courts to find creative ways to continue tapping companies embroiled in the court system would take a longer and more comprehensive investigation.
Supreme Court’s decision in unclaimed property case affects Delaware”: Tom Byrne of Delaware Public Radio has this report. Supreme Court’s decision in unclaimed property case affects Delaware” appeared first on How Appealing. “Examining how the U.S.
The post Elon Musk Willing To Pay Full Price For Twitter Again After Someone Must Have Explained Delaware Law To Him appeared first on Above the Law. Settling for everything is always a sign that you've got the other side right where you want them.
stockholder sued the grill company in the Delaware Chancery Court, arguing that a deal between Traeger and some of its other stockholders violated state corporate law by giving those stockholders too much power over choosing a CEO. A Traeger Inc.
The United States Court of Appeals for the Third Circuit ruled Wednesday that police officers who conducted a no-knock raid on a house and injured four unarmed people were not subject to qualified immunity , a type of immunity that protects individual government officials from being sued over acts in the course of their duties.
“Musk’s $56 Billion Appeal Threatens ‘Dumpster Fire’ Consequences; Judge refuses to reverse landmark decision after investor vote; Sets up appeal to Delaware high court after 6-year legal saga”: Mike Leonard and Jennifer Kay of Bloomberg Law have this report.
The Delaware Supreme Court has ruled that marijuana and cocaine seized after police arrested a juvenile should be suppressed because the pot smell emanating from…
The US Senate unanimously passed a bill on Thursday that adds 66 judgeships for federal district courts over a decade, starting on January 21, 2025. ” Both senators expressed that the bill would secure people’s ability to access the courts and reduce the workload of overworked judges. .”
Delaware has long been the preferred state of incorporation for corporations due to its business friendly legal framework, its specialized Court of Chancery, and its well-developed and unified body of corporate law. 4] Delawares Corporate Dominance Delaware has historically been the preferred jurisdiction for corporations.
” At the time of Weiss’ appointment, he was a US Attorney for the District of Delaware. The federal gun charges against Hunter Biden, brought in the state of Delaware, stem from the allegations that Hunter Biden lied about his drug addiction on federal firearm purchase forms.
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.
The US Supreme Court Monday heard the case of Delaware v. The court is asked to interpret “money order” as used in 12 USC §§ 2501-03 and Disposition of Abandoned Money Orders and Travelers Checks Act of 1974. Delaware , arose over a conflict between Delaware and 30 other states.
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