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Farrell Fritz, P.C.

Conditional Grants of Membership Interests Are a Roadway to Courtroom Conflict

Farrell Fritz, P.C. on

In the world of business divorce litigation, this summer saw everything but a slowdown.  We witnessed (and blogged about) Justice Crane cap a long-running fair value proceeding with helpful guidance on appraisals and...more

Skadden, Arps, Slate, Meagher & Flom LLP

Court Finds Mindbody CEO Liable Under Revlon and That Buyer Aided and Abetted Disclosure Violations

In March 2023, the Delaware Court of Chancery issued a rare decision holding an officer personally liable for damages for breach of fiduciary duty under a post-closing Revlon enhanced scrutiny analysis. Specifically, the...more

Porter Hedges LLP

Business Litigation Alert: "The Tesla Lesson When An Electric CEO Threatens The Company's Future"

Porter Hedges LLP on

On August 7, 2018, Tesla CEO Elon Musk shocked Wall Street and surprised his board of directors. He announced via Twitter that he was “considering” taking the company private at $420 per share and, importantly, that he had...more

Amundsen Davis LLC

Backdating: You Can’t Do that in Litigation!

Amundsen Davis LLC on

In a recent case the CEO of a public company testified that he backdated the review of a whistleblower. It was not helpful testimony. What’s worse, based on the report of the incident, it appeared that the case was a winner...more

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