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2 Jul 2013, 6:15 am
In a much anticipated decision, the Delaware Chancery Court upheld on June 25, 2013 the validity of the forum selection bylaws adopted by the boards of directors of FedEx Corporation (“FedEx”) and Chevron Corporation (“Chevron”). [read post]
28 Jun 2013, 8:01 am
Those clauses in the corporations’ bylaws provided that litigation relating to the companies’ internal affairs should be conducted... [read post]
27 Jun 2013, 5:58 pm
The bylaw that Chancellor Strine upheld (adopted by the boards of both Chevron Corporation and FedEx Corporation) provides that the Delaware Court of Chancery will be the sole and exclusive forum for (i) any derivative action brought on behalf of the corporation, (ii) any action asserting breach of fiduciary duty claims, (iii) any action asserting a claim arising under the DGCL, or (iv) any action asserting a claim governed by the internal affairs doctrine. [read post]
26 Jun 2013, 7:09 pm
Chevron Corp., Civ. [read post]
26 Jun 2013, 8:40 am
Chevron Corp., et al., C.A. [read post]
26 Jun 2013, 4:06 am
Here's a brief summary from Claudia Allen of Neal Gerber: Chancellor Strine's opinion upholds the facial validity under the DGCL of the forum selection bylaws adopted by Chevron and Fed Ex, and holds that such bylaws are contractually valid even though adopted without shareholder consent. [read post]
25 Jun 2013, 4:49 pm
As discussed here, in 2010, Vice Chancellor Laster in the Revlon Shareholder litigation endorsed the idea of corporation’s modifying their corporate charters to designate a forum for resolution of corporate litigation. [read post]
28 May 2013, 1:52 pm
Shariq Yosufzai, Chevron Corporation's new Vice President of Global Diversity, Ombuds, and University Affairs. [read post]
24 May 2013, 10:34 am
Verizon, for what it’s worth, filed a letter citing a recent DC Circuit opinion upholding the free speech rights of corporate conveyors of speech against control by others. [read post]
20 May 2013, 6:07 am
[Corporate Counsel] * “It’s no surprise these lawyers would want to get off this sinking ship. [read post]
8 May 2013, 5:58 am
In 2012 the successful plaintiffs sued Chevron Corporation and Chevron Canada Ltd. in Ontario, seeking to have the Ecuadorian judgment enforced there. [read post]
30 Apr 2013, 7:41 am
Third, the SEC’s proposed redefinition of the term “customer” does not warrant Chevron deference.Where a statute is administered by more than one entity, noted the former SEC Commissioners, no single entity can claim Chevron deference. [read post]
10 Apr 2013, 4:41 am
The challenge to Chevron's forum selection bylaw is before Chancellor Strine today. [read post]
22 Mar 2013, 11:15 am
At Corporate Counsel, there's an interesting piece by journalist Michael Goldhaber entitled Kindergarten Lessons from Chevron in Ecuador. [read post]
7 Mar 2013, 1:17 pm
FCC (affirming substantially revised pole attachment rules) underscore the primacy of judicial deference to agency decision making under Chevron v. [read post]
6 Mar 2013, 7:17 am
2 USC 441b imposes similar restrictions on corporations, national banks, and labor unions. [read post]
25 Feb 2013, 1:12 pm
John Watson, Chairman and CEO of Chevron Corporation said, "Driven by private sector innovation and investment, the United States is poised to regain its status as an energy superpower. [read post]
18 Feb 2013, 10:23 am
On February 5, the Investor Environmental Health Network (IEHN) issued a press release announcing that shareholders have filed resolutions with Cabot O&G, Chevron, Exxon Mobil, EOG Resources, ONEOK, Pioneer Natural Resources, Spectra Energy, Range Resources and Ulta Petroleum challenging the companies "to quantifiably measure and reduce environmental and societal impacts" of their exploration activities. [read post]
30 Jan 2013, 12:28 am
Reddy's LGE USCourts DuPont Intellectual Ventures HP Monsanto J&J Sony Google Intel P&G CPA Global Philips Huawei 3M GlaxoSmithKline NIH ZydusCadila Genentech Eli Lilly Motorola Nokia Boeing Siemens RIM Torrent Pharma Alcatel-Lucent OceanTomo US Army Roche BMS BP Alembic-India LifeTechnologies ExxonMobile USITC Agilent Hitachi Honeywell US Navy Chevron US DOJ Glenmark Pharma US Airforce Pioneer Canon Orchid Pharma SAP [read post]
17 Jan 2013, 10:55 am
A Chevron Gulf credit card belonging to RG was recovered from defendant. [read post]
