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News
Delaware Top Court Nominee Offers Relief From ‘Tempestuous Era’
3+ mon, 2+ day ago (125+ words) Bloomberg Law News Elon Musk’s billions are no longer Delaware’s problem. Last year’s contentious statutory overhaul is settled law. And the state’s top court has a consensus nominee. Maybe, after years of false starts, America’s corporate capital finally has a…...
Delaware Recusal Bids Look More Like Odd Blip Than New Normal
3+ mon, 3+ week ago (101+ words) Bloomberg Law News Rumors of a judicial recusal crisis in Delaware’s Chancery Court appear to have been greatly exaggerated. After Elon Musk wielded bias allegations to get his final Delaware cases reassigned, it was only natural the aggressive maneuver by…...
Delaware Supreme Court Again Reverses Judge, Litigants Still Pay
3+ mon, 4+ week ago (438+ words) In 2022, the Delaware Supreme Court, en banc, reversed a decision of Superior Court Judge Karsnitz in a pro hac vice matter, writing that “[b]oth the tone and the explicit language of the Superior Court’s memorandum opinion and order suggest…...
Tesla Investors Look to Revive Final Delaware Cases Against Musk
3+ mon, 4+ week ago (69+ words) Bloomberg Law News Just when Elon Musk thought he was out, a group of Delaware lawyers pulled him back in. Tesla Inc. investors asked the state’s top court Wednesday to revive the final lawsuits filed against the billionaire before he…...
Delaware Court Sides with Joe Kiani in Severance Fight
4+ mon, 2+ week ago (181+ words) Sends dispute back to California A Delaware court last week ruled in favor of Joe Kiani, sending his dispute with the medical device company he founded back to California. The court dismissed Masimo’s case against Kiani, which sought to invalidate…...
Tesla drops Musk's $29B 'interim' award after Delaware court restored larger pay package
4+ mon, 2+ week ago (568+ words) Tesla has revoked the “interim” pay package worth $29 billion that it gave its CEO Elon Musk last year, after the Delaware Supreme Court recently restored his larger $56 billion compensation award from 2018. The company had given Musk the interim package in…...
Delaware Court Upholds Ousting of Market Basket CEO Arthur T. Demoulas
4+ mon, 3+ week ago (839+ words) Delaware Chancery Court Vice Chancellor J. Travis Laster ruled Monday, April 20, 2026, that the Market Basket board of directors acted validly in terminating CEO Arthur T. Demoulas. The decision follows a long-running legal battle between Demoulas and his sisters over the management of…...
Delaware Chancery Rejects “Race To The Courthouse” In Enforcing Texas Exclusive Forum Bylaw, Dismissing Three Derivative Lawsuits Filed Before Tesla’s Redomestication
4+ mon, 3+ week ago (205+ words) Vice Chancellor David addressed three arguments raised by plaintiffs seeking to avoid enforcement of the Texas forum selection bylaw. Plaintiffs also argued that enforcing the Texas forum selection bylaw violated Section 115, which prohibits Delaware corporations from adopting bylaws that bar…...
Delaware Supreme Court upholds reforms to curb ‘DExit’ concerns
6+ mon, 1+ week ago (792+ words) A Delaware law passed last year in the wake of escalating assaults on the state’s corporate brand shielded powerful company leaders from facing certain lawsuits brought by smaller investors. What it didn’t do was violate the Delaware Constitution, the state…...
Musk Texas Gambit Works, Leaving Delaware to Pick Up the Pieces
4+ mon, 3+ week ago (978+ words) Elon Musk may finally be done with Delaware. Almost. The messy split between the world’s richest person and America’s corporate capital cleared another hurdle this week when a judge dismissed the last Tesla Inc. investor lawsuits filed in Delaware, effectively…...