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A Matter Of Propriety: Delaware Courts Reject Books-and-Records Demand Driven by Ulterior Motive | Mayer Brown

Section 220 demands are a commonly used tool for stockholders to gain access to a company’s books and records. Although this provision of the Delaware General Corporation Law vests...

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Meta Calls Investor's Social Ills Suit 'Antithetical' To Del. Law

An activist investor's assertion that Meta Platforms Inc. should prioritize wider social impact over company profits when determining company policies is "antithetical" to principles of Delaware law, and his suit against the social media giant and its board should be dismissed, an attorney for Meta told Delaware Chancery Court on Wednesday.

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Skechers board sued for letting execs take company jets on luxe vacations

Skechers' top executives allegedly cost the footwear giant millions by using company private jets to luxury tropical vacations in Fiji, Bora Bora and Hawaii.

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Tesla $919 Million Board Pay Pact Draws Shareholder Objections

A Tesla Inc. investor is objecting to a $919 million legal settlement over concerns that CEO Elon Musk could curry favor with other board members—who set the billionaire’s compensation—by paying the full amount himself.

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Epstein-Linked Apollo Sued Over 'Improper' $570 Million Executive Payments To Cover Tax Bills

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

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Today, AMC Shares Are In Freefall Before The Market Opens

(CTN News) - It is important to note that the shares of movie theater chain AMC Entertainment Holdings, Inc. -AMC-36.0%+ Free Alerts..........

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Top US Business Court Bolsters Reputation With Big Lawyer Fees

A windfall for lawyers who landed a $1 billion settlement with Dell Technologies Inc. showcases how the country’s premier court for battles over M&A deals rewards litigators pursuing high-risk cases.

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Centerview Chief Concedes There Was a Verbal Equity Promise to Ex-Partner

Banker David Handler claims he’s owed compensation for 6.25 percent equity granted in 2013, under the oral agreement in 2012, and for an additional 1 percent promised in 2014.

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Centerview Chief Concedes There Was a Verbal Equity Promise to Ex-Partner

Centerview Chief Concedes There Was a Verbal Equity Promise to Ex-Partner
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

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GreenLight Shareholders Sue In Del. For Company Books

Shareholders of GreenLight Biosciences filed two separate lawsuits in Delaware Chancery Court on Tuesday, both seeking more information about the biotech's announcement that a group of buyers led by Fall Line Capital LLC would take the company private in an all-cash deal that values the business at $45.5 million.

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