On March 28, 2018, in In re Tesla Motors, Inc. Stockholder Litigation, the Delaware Court of Chancery denied a motion to dismiss a lawsuit brought by stockholders of Tesla Motors, Inc. (“Tesla” or the “Company”)....more
4/16/2018
/ Board of Directors ,
Breach of Duty ,
Business Litigation ,
Controlling Stockholders ,
Elon Musk ,
Entire Fairness Standard ,
Fiduciary Duty ,
Minority Shareholders ,
Motion to Dismiss ,
Popular ,
Shareholder Litigation ,
SolarCity ,
Tesla
On February 1, 2018, the Delaware Court of Chancery granted defendants’ motion to dismiss an action brought by minority unitholders of Trumpet Search, LLC (“Trumpet” or the “Company”). The defendants were other unitholders...more
2/12/2018
/ Breach of Contract ,
Corporate Counsel ,
Covenant of Good Faith and Fair Dealing ,
Delaware Limited Liability Company Act ,
Fiduciary Duty ,
Implied Covenants ,
Limited Liability Company (LLC) ,
Minority Shareholders ,
Motion to Dismiss ,
Operating Agreements ,
Shareholder Litigation