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The Delaware Supreme Court on Tuesday issued a decision involving TripAdvisor that could make it easier for some companies to move out of the state, which is the corporate home for about two ...
Tesla will appeal to Delaware’s state supreme court, after a ruling by judge Kathaleen McCormick striking down Elon Musk’s mammoth 2018 pay package. (Apu Gomes—Getty Images)
The Court in its current form was established by means of a constitutional amendment in 1951. Before that, the Court had operated under the Delaware Constitution of 1897 as a unique "leftover-judge" system, wherein appeals were heard by a panel of three judges who were not involved in the matter on appeal from either the Superior Court or the Court of Chancery.
The Delaware Supreme Court did not specify when fees become windfalls, but did say $5,000 an hour was "at the high end." That would suggest Tesla is on the hook for a fee of around $100 million ...
Unocal v. Mesa Petroleum Co., 493 A.2d 946 (Del. 1985) [1] is a landmark decision of the Delaware Supreme Court on corporate defensive tactics against take-over bids. Until the Unocal decision in 1985, the Delaware courts had applied the business judgment rule, when appropriate, to takeover defenses, mergers, and sales.
Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
The trial begins Oct. 17 and whichever side loses can appeal to the Delaware Supreme Court, which is expected to act swiftly. Musk and Twitter could also settle the case before, during or after ...
Delaware v. Pennsylvania, 598 U.S. 115 (2023), was a United States Supreme Court case related to unclaimed money and check escheatment. [1] This case was Justice Ketanji Brown Jackson's first majority opinion on the Supreme Court. [2] [3] It was also the first case the Supreme Court had taken on unclaimed property in over 30 years. [4]