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14 Jul 2023, 3:33 pm
So, kudos to Hapag-Lloyd, AIDA and Disney which all decided to do the right thing! [read post]
14 Jul 2023, 3:00 am
Here’s an interesting development on books & records requests that John blogged about last week on TheCorporateCounsel.net: The Delaware Chancery Court recently dismissed a books & records action against The Walt Disney Company premised on alleged breaches of fiduciary duty by the company’s board arising out of its decision to publicly oppose Florida’s “Don’t Say Gay” legislation. [read post]
12 Jul 2023, 9:05 pm
Note that while this post focuses on proxy contests that went to a vote, Trian disclosed in its subsequently withdrawn proxy contest at The Walt Disney Company that its estimated proxy contest expenses were $25,000,000 while the company expected to spend $40,000,000. [read post]
11 Jul 2023, 6:45 pm
Plaintiff's theory was that "that officers and directors of Disney may have breached their fiduciary duties to the Company and its stockholders by, inter alia, failing to appreciate the known risk that the Company's political stance would have on its financial position and the value of Disney stock. [read post]
11 Jul 2023, 3:05 pm
For example, earlier this week I discussed the recent Delaware case in which activist investors sought to hold the Disney board liable for the company’s actions regarding Florida’s “Don’t Say Gay” legislation. [read post]
9 Jul 2023, 7:40 am
The shareholder, contending that Disney was obliged to provide further documents, filed a books and records action against the company in Delaware Chancery Court. [read post]
7 Jul 2023, 3:15 am
The Delaware Chancery Court recently dismissed a books & records action against The Walt Disney Company premised on alleged breaches of fiduciary duty by the company’s board arising out of its decision to publicly oppose Florida’s “Don’t Say Gay” legislation. [read post]
29 Jun 2023, 7:40 pm
Not long ago, Disney was the only company selling a Fantasyland, but now that’s the ambition of every tech empire. [read post]
29 Jun 2023, 10:34 am
Walt Disney Co., decided Tuesday: This books and records action originates from The Walt Disney Company's response to Florida House Bill 1557. [read post]
29 Jun 2023, 6:05 am
Hungarian Prime Minister Victor Orban sparked widespread outrage a year ago with a speech to members of the Hungarian minority in Romania in which he said Europeans should “not want to become peoples of mixed-race. [read post]
28 Jun 2023, 6:04 am
[Law.com] * Chancellor laughs off Disney investor suit looking to make a case out of the company's decision to oppose bigotry and, ultimately, drag Supreme Court dicta into a fight. [read post]
27 Jun 2023, 6:09 pm
The Delaware Court of Chancery ruled in favor of The Walt Disney Company in a stockholder suit that derived from the Florida Governor's attack on the company This books and records action originates from The Walt Disney Company’s response to... [read post]
25 Jun 2023, 5:55 pm
Gallo and Sweet Revenge expressly represented that “Bulletproof Hearts” was a work made for hire.In the early 1990s, Paramount transferred its rights to “Bulletproof Hearts” to Disney’s Hollywood Pictures. [read post]
22 Jun 2023, 4:30 pm
"ending a six-year stint that generated controversies as the Mouse House adopted 'woke' policies that have alienated many of its core customers" The post Disney’s Diversity Chief Steps Down as Company Struggles With String of Failures first appeared on Le·gal In·sur·rec·tion. [read post]
16 Jun 2023, 5:00 am
Variety speculates that Bill C-11 uncertainty may be at play: One reason for Disney’s absence could be Bill C-11, Canada’s Online Streaming Act, which was passed in late April, and will require online streaming companies to invest in Canadian content (known locally as CanCon), as traditional broadcasters in the country already do. [read post]
8 Jun 2023, 2:02 pm
Moreover, the proliferation of high-demand content through other over-the-top (OTT) media services like Netflix, Disney Plus, HBO Max, and Apple TV have also made it so that big cable companies no longer have anything like “monopoly power” over programming (if they ever did) to “force” bundles on users who demand high-speed internet. [read post]
7 Jun 2023, 7:08 am
” “‘Even though I believe it is highly unlikely that these proceedings will have a substantial effect on The Walt Disney Company, I choose to err on the side of caution — which, here, is also the side of judicial integrity — and disqualify myself,’ Walker wrote in a 14-page order. [read post]
6 Jun 2023, 2:15 pm
Selmi, Dawn at Mineral King Valley: The Sierra Club, the Disney Company, and the Rise of Environmental Law (2022). [read post]
1 Jun 2023, 6:55 am
The DeSantis-appointed board earlier this month sued Disney in state court in Orlando seeking to void the deals the company made with the previous board. [read post]
30 May 2023, 2:13 pm
To our knowledge only Disney Cruise Line and one MSC cruise ship, the MSC Meraviglia, have these systems. [read post]
