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6 Mar 2024, 6:38 am by Diana Shutzer
Department of Labor (DOL) to respond to an amended complaint seeking to block the Biden Administration’s new regulations under the Davis-Bacon and Related Acts (DBRA) filed by the Associated Builders and Contractors of Southeast Texas, Inc. and Associated Builders and Contractors, Inc (collectively, ABC). [read post]
3 Mar 2024, 9:01 pm by renholding
On February 20, the Delaware Court of Chancery refused to enjoin the conversion of a Delaware corporation, TripAdvisor, Inc. [read post]
29 Feb 2024, 5:36 am by Dennis Crouch
by Dennis Crouch The recent Federal Circuit decision in AlexSam, Inc. v. [read post]
28 Feb 2024, 7:48 am by John Coyle
Unlike the 2017 Notes, the 2020 Notes were secured by a pledge of a 50.1% equity interest in CITGO Holding, Inc. [read post]
21 Feb 2024, 6:47 pm by Iorio Altamirano
Although Emerson Equity’s legal fees and settlements have surpassed $6 million, the cost represents less than one-third of the $20.1 million that the firm received from GWG Holdings Inc. for brokerage services from June 2018 through June 2022. [read post]
21 Feb 2024, 6:30 am
Nevertheless, the decision is a landmark one under Delaware law and raises important considerations for Boards and independent directors when deciding upon significant compensation awards. [read post]
21 Feb 2024, 6:30 am
Nevertheless, the decision is a landmark one under Delaware law and raises important considerations for Boards and independent directors when deciding upon significant compensation awards. [read post]
16 Feb 2024, 5:35 am by Andrew Lavoott Bluestone
[FN1] In the underlying action, Ramon Palaguachi, an employee of Rite-Way Internal Removal, Inc. [read post]
13 Feb 2024, 9:05 pm by renholding
  Under the Gensler SEC, all but one have been brought in the Fifth Circuit. [read post]
13 Feb 2024, 6:30 am
Musk (Jan. 30, 2024), the Delaware Court of Chancery, in a post-trial decision, ruled that the directors of Tesla, Inc. breached their fiduciary duties when, in 2018, they awarded Elon Musk, Tesla’s CEO and founder, a ten-year performance-based equity compensation plan with an estimated maximum value at one time of $55.8 billion. [read post]
13 Feb 2024, 6:30 am
Musk (Jan. 30, 2024), the Delaware Court of Chancery, in a post-trial decision, ruled that the directors of Tesla, Inc. breached their fiduciary duties when, in 2018, they awarded Elon Musk, Tesla’s CEO and founder, a ten-year performance-based equity compensation plan with an estimated maximum value at one time of $55.8 billion. [read post]
12 Feb 2024, 9:05 pm by renholding
But it makes little sense to allow some lenders to use an opaque option that under certain circumstances can turn punishment into reward, without more clarity about the consequences for earnings and equity. [read post]