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News in-depthElliott Management Corp
Why hedge fund Elliott is locked in a bitter legal fight over AC Milan
...But Elliott insiders note that the address in question — 1209 North Orange Street in the US state of Delaware — is home to the Corporation Trust Center, where more than 250,000 companies are registered....
March 29, 2024
Space Exploration Technologies Corp
Elon Musk to make another break with Delaware by moving SpaceX to Texas
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
February 15, 2024
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
Elon Musk
Elon Musk shifts Neuralink’s incorporation to Nevada
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
February 9, 2024
Investor activism
Elliott Management named in suit blasting ‘sweetheart’ activist deal
...“The affairs of Delaware corporations, however, must be managed by Boards of Directors, not backroom deals,” said the lawsuit, saying non-Elliott shareholders never got the opportunity to approve the features...
February 28, 2024
Digital World Acquisition Corp
Trump media company co-founders allege ‘stock grab’ in lawsuit
...They are seeking to speed up proceedings as TMTG moves towards a stock market listing through a merger with blank-cheque company Digital World Acquisition Corporation....
February 29, 2024
Due Diligence
A game of chicken: Labour vs private equity over taxes Premium content
...UniCredit to return €8.6bn to shareholders (FT) Private equity buys majority stake in US accounting firm Baker Tilly (FT) ADM’s accounting procedures probed by US prosecutors (FT) Can Elon Musk derail Delaware...
February 6, 2024
FT Live
TNW Conference 2024 - The Next Web
Europe’s leading tech event for corporates, startups, investors and governments
Thursday, 20 JuneAmsterdam, Netherlands
News in-depthFox Corporation
The 2020 legal baggage awaiting Lachlan Murdoch at Fox
...Judge Colm Connolly in Delaware has yet to rule on the motion. Jankowicz is seeking damages in an amount to be determined at trial....
November 15, 2023
Fox Corporation
Fox defends settlement with Dominion as a ‘business decision’
...It has been a tumultuous year for Fox Corp, with star anchor Tucker Carlson abruptly exiting the network last month, only days after the Dominion settlement....
May 9, 2023
LexRupert Murdoch
News Corp: value-hunting minorities outFox the Murdochs Premium content
...Chalk up another win for Delaware corporate law. Late on Tuesday, News Corp and Fox abandoned their push to reunify the Murdoch media empire....
January 25, 2023
Fox Corporation
Murdoch’s Fox agrees $787.5mn settlement in Dominion defamation case
...A judge on Tuesday announced the “parties [had] resolved their case” in a last-minute deal reached on the cusp of a six-week trial in Delaware, which centred on claims aired on Fox News in the wake of Donald...
April 18, 2023
Fox Corporation
High-stakes Fox defamation trial begins with search for unbiased jury
...Nearly 70 per cent of New Castle County, where the trial is taking place, voted for Biden, and “even conservative jurors in Delaware are likely to have some respect for [Biden, a former US senator from Delaware...
April 13, 2023
Due Diligence
‘Success fees’ and thirsty emails: inside a $90mn Twitter payout Premium content
...The email copied Wachtell Lipton’s ace litigator Bill Savitt, and Leo Strine, the former Delaware judge who’s now a Wachtell Lipton adviser....
July 11, 2023
Fox Corporation
Fox on trial as $1.6bn Dominion defamation case set to begin
...in Delaware....
April 18, 2023
X Corp
Fact-checking some dull bits of Elon Musk’s biography
...by the Delaware Chancery Court....
September 22, 2023
Rupert Murdoch
Rupert Murdoch engaged to be married for fifth time
...Murdoch, co-chair of the Fox Corporation and executive chair of News Corp, told the Post his planned marriage to Ann Lesley Smith, the 66-year-old widow of a former radio and TV executive, would “be my last...
March 20, 2023
FT Live
Innovative Lawyers Awards Asia-Pacific
Celebrating innovations from both law firms and in-house teams in the region
Thursday, 16 MayHong Kong
News in-depthFox Corporation
Fox pays high price to end bruising Dominion defamation case
...Just moments earlier, the outcome of Dominion’s legal battle was far from clear, amid the latest delay to a six-week trial that was supposed to start on Monday in Delaware, a favoured legal domicile for...
April 19, 2023
Fox News Network
Judge delays Fox defamation case by a day
...Late on Sunday, Judge Eric Davis — who is overseeing the case in Delaware, where both Fox and the plaintiff, voting machine maker Dominion, are incorporated — said the court had decided to delay the start...
April 17, 2023
Inside BusinessSujeet Indap
US court reins in the questioning of the intent of corporate lawyers
...In a December ruling, the five-person body reversed a $690mn judgment that the lower Chancery Court had entered against Loews Corporation....
January 24, 2023
News in-depthMcDonald's Corp
McDonald’s court ruling turns up heat on corporate executives
...The Delaware courts have typically ruled on M&A and shareholder disputes, not personal misconduct claims....
February 1, 2023
Fox Corporation
Murdoch predicted ‘riots like never before’ if 2020 US election was overturned
...The correspondence is part of a large number of communications, testimony and other evidence unsealed on Tuesday in a defamation lawsuit against Murdoch’s Fox News and its parent, Fox Corp, brought by Dominion...
March 8, 2023
Rana Foroohar
The new space race could turn science fiction into reality
...Amazingly, Weinzierl suggests, Luxembourg is already positioning itself to be for space companies what Delaware is for US corporations looking to avoid taxes. This is unacceptable....
December 27, 2022
News in-depthUS banks
The weekend US officials hatched a plan to stave off a banking crisis
...US president Joe Biden spent the weekend at his home in Wilmington, Delaware....
March 14, 2023
Elon Musk
Twitter ‘cannot become a free-for-all hellscape’, says Elon Musk
...The post comes just a day before his $44bn deal to buy Twitter is set to close, in keeping with a deadline imposed by a Delaware court....
October 27, 2022
Due Diligence
Can Tesla’s stock rally pay for Twitter? Premium content
...Twitter has pressed its stronger position by setting a Delaware trial for October....
August 11, 2022
X Corp
Twitter deal tests banks’ resolve as they brace for big losses
...In a motion filed in a Delaware court on Thursday, attorneys for Musk said each lender had “prepared to honour its obligations”, “subject to satisfaction of the conditions” in their debt commitment letters...
October 7, 2022

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