article thumbnail

SpaceX Leaves Delaware; Should Others Follow?

Strictly Business

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.” Should companies relocate from Delaware?

Court 113
article thumbnail

Additional classified documents found at Biden Delaware residence

JURIST

White House lawyer Richard Sauber Saturday said more classified documents have been found at President Joe Biden’s Delaware residence. Sauber also continually stressed that “[t]he President’s lawyers have acted immediately and voluntarily to provide the Penn Biden documents to the Archives and the Wilmington documents to the DOJ.”

Attorney 104
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Reed Smith lawyers must hold ‘Please See Me’ signs at courthouse after failing to provide hearing notice

ABA Journal

A Delaware judge has ordered Reed Smith to station two lawyers at the courthouse Tuesday with “Please See Me” signs, after the law firm failed…

Lawyer 122
article thumbnail

Supreme Court vacates challenge to Delaware provision on political balance in judiciary

JURIST

The US Supreme Court held Thursday that a Delaware political independent lacked standing to challenge the state’s “bare majority” and “major party” requirements because he was not “able and ready” to apply for a judicial vacancy.

Court 91
article thumbnail

Morning Docket: 02.19.25

Above The Law

American Lawyer ] * Musk’s lawyers trying to change Delaware law to authorize his pay proposal to pocket roughly half of the company’s assets as compensation for himself. * KPMG says the era of the Big Four displacing American law firm work is just beginning.

article thumbnail

Why the Avianca ‘Bogus Cases’ News Is Not About Either Generative AI or Lawyers’ Tech Competence

LawSites

It was bound to happen sooner or later: Two lawyers face sanctions for filing a brief laden with bogus cases hallucinated by ChatGPT. But is this a story about the failings of AI or is it about the failings of the lawyers? But, to me, the cautionary tale here is not about technology, but about lawyer competence.

Lawyer 120
article thumbnail

Twitter sues Elon Musk seeking enforcement of $44B takeover

JURIST

Lawyers for Twitter filed a lawsuit in the Delaware Court of Chancery on Tuesday after Musk’s lawyers wrote to Twitter and stated that Musk wished to terminate the acquisition agreement due to a breach of terms.

Lawyers 197