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...Internal Affairs Doctrine But Reverses Dismissal Of Fiduciary Duty Breach Claims Under Scottish...
JD Supra· 6 days agoOn May 23, 2024, the New York Court of Appeals reversed the dismissal of breach of fiduciary duty claims brought by former shareholders ...
Elon Musk accused of selling $7.5 billion of Tesla stock before releasing disappointing sales data...
Fortune via Yahoo Finance· 10 hours agoThe Tesla CEO faces claims he pocketed $3 billion in ill-gotten gains in late 2022 after learning Q4...
District court "bumps-up" D&O insurers' coverage defense: Long-running saga continues
Reuters· 9 hours agoIn light of the proliferation of lawsuits challenging corporate mergers, the issue of whether a...
ESG Update: Two Court Decisions Highlight the Importance of the “G” in “ESG”
The National Law Review· 9 hours agoHere, we break down these decisions, provide background, and outline takeaways for the regulated...
How Much Will It Cost to Remove a Trustee From My Will?
SmartAsset via Yahoo Finance· 6 days agoA trustee is responsible for managing the assets held in the trust on behalf of its beneficiaries....
Elon Musk accused of $7.5 billion insider trading in lawsuit from Tesla shareholder
Fox Business via Yahoo Finance· 3 days agoTesla CEO Elon Musk is accused of profiting $7.5 billion from insider trades by a shareholder who...
SHAREHOLDER ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Bolt...
Benzinga· 4 days agoNEW YORK, May 30, 2024 /PRNewswire/ -- Pomerantz LLP is investigating claims on behalf of investors of Bolt Biotherapeutics, Inc. ("Bolt" or the "Company") (NASDAQ:BOLT). Such investors are advised to
Nevada Supreme Court Rejects the "Uncontrollable Child" Theory of Parent-Subsidiary Relationships
The National Law Review· 4 days agoHowever, it would be an overstatement to say that Nevada is a "liability free" jurisdiction. For example, the Nevada Supreme Court recently held that directors and officers of a parent corporation ...
Ability of Creditors' Committees to Prosecute Estate Claims Given a Boost in Delaware Bankruptcy...
JD Supra· 4 days agoThe practice of conferring "derivative standing" on official creditors' committees or individual creditors to assert claims on behalf of a bankruptcy estate in cases where the debtor or a bankruptcy ...
Bun B Is Reportedly Being Sued For Stealing 'Trill Burger' Idea For Popular Food Chain | Essence
Essence· 4 hours agoHouston rap legend Bun B and his Trill Burgers business partners are being sued by former...