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21 Feb 2024, 6:30 am
The Court found that the defendants—Musk, Tesla, Inc. and six individual directors—failed to meet their burden to prove that the Grant was “entirely fair,” the standard under Delaware law that the Court applied in light of the Court’s determination that Musk held controlling stockholder status with respect to the Grant. [read post]
15 Feb 2024, 6:30 am
State Rifle & Pistol Ass’n, Inc. v. [read post]
13 Feb 2024, 9:05 pm
Expressed as a rate, the time series shows a distinct “hockey stick” shape in the pattern of litigation: 3 percent of the Schapiro SEC non-technical rules attracted lawsuits, a rate that slightly more than doubled under White and Clayton. [read post]
10 Feb 2024, 4:16 am
With the fresh capital, CEO Sergey Demyanov plans to expand the engineering team to enhance and introduce new features. [read post]
8 Feb 2024, 10:18 am
Sirius XM Radio Inc., 2024 WL 450040, No. 23 Civ. 4723 (PAE) (S.D.N.Y. [read post]
19 Jan 2024, 3:15 am
/SNAP Inc. [read post]
16 Jan 2024, 1:19 pm
Engelmayer in In re: Draftkings Inc. [read post]
16 Jan 2024, 11:33 am
DeJoy and Students for Fair Admissions, Inc. v. [read post]
10 Jan 2024, 8:05 pm
Now on to the capital cases docket. [read post]
2 Jan 2024, 12:56 pm
The directors’ and officers’ liability environment is always changing, but 2023 was a particularly eventful year, with important consequences for the D&O insurance marketplace. [read post]
28 Dec 2023, 6:49 pm
Tool Without a Handle: Are You Not Trained? [read post]
24 Dec 2023, 3:26 pm
Netflix, Inc. [read post]
22 Dec 2023, 4:00 am
In its election materials, the GGC also stated that its candidates expressed “support [for] establishing an LSO working group to determine whether it needs electoral reform to prevent the running of slates in Bencher elections. [read post]
4 Dec 2023, 4:58 am
The First “Preliminary Agreement” Letter Flor expressed her interest, following which Johnston sent Flor an email entitled “preliminary offer” attaching a Johnston-signed letter laying out the terms of an offer. [read post]
1 Dec 2023, 10:14 am
Introduction In recent years, states across the U.S. have threatened to cut ties with banks and asset managers that incorporate Environmental, Social, and Governance (ESG) screening into their accounting, or otherwise screen for climate risk. [read post]
30 Nov 2023, 4:50 am
Bias response and the First Amendment The highest-profile case is undoubtedly Speech First, Inc. v. [read post]
20 Nov 2023, 9:01 pm
” 28 On the second issue, the defendants attacked the claims on the basis that the claims were protected from clawback under the Bankruptcy Code’s “safe harbor”provision in section 546(e). 29 According to the defendants, the Bankruptcy Code’s safe harbor provision, intended to provide stability to the capital markets and to protect capital market transactions from being undone by Bankruptcy Code avoidance provisions, insulated the relevant transfers.30… [read post]
18 Nov 2023, 7:38 am
Así eran los tiempos de designaciones express. [read post]
15 Nov 2023, 1:28 pm
Court of Appeals for the 4th Circuit denied rehearing en banc, with seven of the judges expressing their view that the defendant’s legal argument is correct, but voting against rehearing because “[t]his appeal raises an important and recurring issue that should be considered by the Supreme Court. [read post]
9 Nov 2023, 9:01 pm
In addition, the person must become a member of SIPC, adhere to a comprehensive regulatory regime, including the net capital rule[5] and Consolidated Audit Trail reporting, and be subject to examination by the SEC and FINRA. [read post]
