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31 Jul 2023, 6:30 am
The Walt Disney Company rebuffing a stockholder attempt to inspect books and records of The Walt Disney Company (“the Company”) related to the Company’s March 2022 response to Florida’s “Parental Rights in Education” bill, sometimes referred to as the “Don’t Say Gay” law (the “Legislation”). [1] Based in large part on the stockholder’s own testimony, the… [read post]
31 Jul 2023, 6:30 am
The Walt Disney Company rebuffing a stockholder attempt to inspect books and records of The Walt Disney Company (“the Company”) related to the Company’s March 2022 response to Florida’s “Parental Rights in Education” bill, sometimes referred to as the “Don’t Say Gay” law (the “Legislation”). [1] Based in large part on the stockholder’s own testimony, the… [read post]
20 Jul 2023, 9:05 pm by renholding
The Walt Disney Company held that a stockholder’s disagreement with a corporation’s decision to speak on public policy did not constitute a “proper purpose” for making a books and records demand under Delaware law. [read post]
14 Jul 2023, 3:00 am by Meredith Ervine
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 by renholding
Note that while this post focuses on proxy contests that went to a vote, Trian disclosed in its subsequently withdrawn proxy contest at The Walt Disney Company that its estimated proxy contest expenses were $25,000,000 while the company expected to spend $40,000,000.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]
7 Jul 2023, 3:15 am by John Jenkins
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, 10:34 am by Eugene Volokh
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]
27 Jun 2023, 6:09 pm by Legal Profession Prof
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]
7 Jun 2023, 7:08 am by Dan Bressler
” “‘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]
15 May 2023, 11:18 am by Kevin LaCroix
In the latest litigation example, late last week a plaintiff shareholder filed a securities class action lawsuit against The Walt Disney Company related to the fallout from the company’s early pandemic-related success with and commitment to its Disney+ streaming services, a bet that soured as the pandemic progressed. [read post]
The post Florida oversight board sues Walt Disney Company in ongoing legal battle appeared first on JURIST - News. [read post]
28 Apr 2023, 4:00 am by Jim Sedor
Hutchinson is one of five former Arkansas lawmakers convicted after a federal Medicaid fraud investigation, along with six health care company executives and lobbyists. [read post]
27 Apr 2023, 3:23 pm by lennyesq
The lawsuit is here: Walt Disney Parks and Resorts v. [read post]
Generative AI largely requires the following process: (1) an original artist creates works, (2) a developer trains an AI model on these works, and (3) an end-user prompts the AI to generate an output, such as “a mouse in the style of Walt Disney. [read post]