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'Mixed Bag' Chancery Ruling Keeps Utah Mine Suit Alive

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Mixed Bag Chancery Ruling Keeps Utah Mine Suit Alive
Law360 (July 29, 2021, 7:05 PM EDT) In what he called a mixed bag ruling, a Delaware vice chancellor moved toward trial some counterclaims in a sprawling Chancery Court battle over an alleged international loan-to-own scheme dating to 2013 and focused on a $600 million Utah copper mine.
In a 60-page opinion filed late Wednesday, Vice Chancellor Joseph R. Slights III said that much of the case filed by Sky Mineral Partners LLC and its equity investors landed too late to survive under statutes of limitations, but some counts survived.
Retained counterclaims included one party s tortious interference with a contract allegation and others tied to claims that minority. ....

United States , Chancery Court , Sky Mineral Partners , Vice Chancellor Joseph , ஒன்றுபட்டது மாநிலங்களில் , சான்சரி நீதிமன்றம் , துணை அதிபர் ஜோசப் ,

Tesla Stock Gains Flagged As Missing Point In Chancery Trial

Tesla Stock Gains Flagged As Missing Point In Chancery Trial
law360.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from law360.com Daily Mail and Mail on Sunday newspapers.

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Tesla Stock Gains Flagged As Missing Point In Chancery Trial

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Tesla Stock Gains Flagged As Missing Point In Chancery Trial
Law360 (July 23, 2021, 7:13 PM EDT) Testimony on Tesla s meteoric stock price increase after its more than $2 billion acquisition of rooftop solar company SolarCity Corp. in 2016 drew an objection Friday in a Delaware Chancery stockholder suit seeking damages from CEO Elon Musk for his allegedly conflicted role.
A Tesla sedan awaits a buyer at a Colorado dealership. (AP Photo/David Zalubowski)
The stir followed Vice Chancellor Joseph R. Slights III s quizzing of a Tesla witness on how synergy expectations figured into a vote on the combination of Tesla s electric car and Powerwall battery business with the country s then-largest residential and commercial solar installer. ....

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Musk Testifies Tesla Needed SolarCity For Clean Power Goals

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Musk Testifies Tesla Needed SolarCity For Clean Power Goals
Law360 (July 13, 2021, 9:53 PM EDT) Tesla Motors Inc. CEO Elon Musk told a Delaware vice chancellor Tuesday that the electric car company s $2.6 billion purchase of SolarCity Corp. reflected efforts to advance sustainable energy goals, as a bench trial with potentially billions of damages in the balance continued.
Elon Musk testified Tuesday that Tesla s $2.6 billion acquisition of SolarCity was driven by the need to advance the electric car company s clean energy goals. (AP Photo/Matt Rourke) Posing questions directly from the bench, Vice Chancellor Joseph R. Slights III asked Musk about the timing and justification for the deal during the second day of a 10-day Delaware. ....

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Tesla CEO Elon Musk defends SolarCity purchase against conflict of interest allegations

Tesla CEO Elon Musk defends SolarCity purchase against conflict of interest allegations
Isabel Hughes, Delaware News Journal
Elon Musk to testify at Delaware Court Monday
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Elon Musk was quietly whisked into the New Castle County Courthouse in Delaware on Monday morning, evading a gaggle of press anxiously awaiting his arrival in connection with a lawsuit over Tesla s 2016 acquisition of a solar energy generation company.
What was lacking in any grand entrance, however, was made up for inside the seventh-floor courtroom, where the Tesla CEO sparred with the lead attorney in the shareholder lawsuit for much of the day. ....

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