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Delaware bankruptcy judge grants motion to keep FTX customer list secret

JURIST

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.

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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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Supreme Courts of Delaware and Georgia Act to Regulate Use of Generative AI in the Courts

LawSites

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.

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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?

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Catching Up With Delaware's Chancery Court

Law 360

million shopping mall deal, some questionable Amazon deliveries and long-ago expired ketchup: it was all part of the comings and goings in Delaware's Court of Chancery last week. New cases involved mining and cybersecurity companies, board takeovers, "weaponized" director election provisions, and legal fees following a $3.1

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Delaware’s Corporate Crack-Up: The “Great” Business Exodus and Its Legal Fallout

Fordham Law News

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. The Importance of Incorporation Incorporation has major legal and financial implications.

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Catching Up With Delaware's Chancery Court

Law 360

Last week, a Tesla stockholder threw a rock at Elon Musk's glass house, Floor & Decor shareholders got an updated order, Abercrombie & Fitch's former CEO sought legal fees, and Rwanda moved ahead in its lawsuit against a Massachusetts pharmaceutical company.

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