As I note in this piece by @tomhals@Reuters, docs released in litigation show that troop deployment in LA and other cities is highly risky: it puts the military “on a knife's edge” & “potentially damages the U.S. military's reputation and broad support across the U.S. population.” https://t.co/N5qbenDEFQ
In the next edition of "historic criminal trials," crack addiction and a Colt .38 revolver take center stage, replacing porn star hush-money payments https://t.co/zy9rqHVvcL
The judge wants answers why $500 million was sent to a 20-something with no qualifications who was running a hedge fund with "its primary business location turned out an International House of Pancakes in Miami."
The legal team that voided Musk's $56 bln pay package from Tesla are now asking for their own huge payday that works out to $288,000 an hour -- but by some measures, that's a bargain. https://t.co/ry2jrmiBjh
A former executive of the blank-check acquisition vehicle that plans to take Donald Trump's social media company public sued to block the deal until he obtained a larger payout, according to a lawsuit docketed Feb. 29 in Delaware https://t.co/hLOGVYu8Mh
In Alabama a frozen embryo is a person in a wrongful death lawsuit. In Texas, a brand-new old PO Box is a "principal place of business" if a company wants a favored bankruptcy judge. https://t.co/Ydv09uhuwU
@anthonyrickey Yes, plaintiffs can be paid awards. It’s not automatic or even standard from my experience covering the court. The plaintiff may or may not get an award for a successful case. But they will benefit as other shareholders do.
Are corporate boards violating their duty to investors by adopting DEI policies? Some conservative groups think so, and some companies are modifying their diversity programs https://t.co/eZ4nNLgjQA
After losing a shareholder trial Dole Foods owner David Murdock moved to a Nevada charter. Elon Musk did the same with Twitter/X after a Delaware judge basically forced him to buy the company. But those are still outliers.
Interesting ESG spat between former AG Bill Barr and Travis Laster, elder statesman on Delaware's Court of Chancery. Barr warns Corporate America will flee DE over the court's supposed love affair with ESG.
Barr warns companies might start to reincorporate their businesses outside Delaware. The same threat was made after the financial crisis, when the idea of a national charter briefly emerged, then faded.