On April 27, 2022, the Delaware Court of Chancery in In re Tesla Motors Stockholder Litigation rendered a post-trial verdict finding for Elon Musk, co-founder and CEO of Tesla Motors, Inc., on claims that Musk breached his...more
In a recent decision reversing FCC-imposed conditions on Charter Communications’ 2016 acquisition of Time Warner Cable, a three-judge panel of the D.C. Circuit Court of Appeals raised significant questions about the FCC’s...more
Under the Delaware Supreme Court's decision in Corwin v. KKR Financial Holdings, 125 A.3d 304 (Del. 2015), business judgment review applies to cleanse a fiduciary challenge to a noncontrol transaction that was approved by an...more
On May 31, 2017, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery declined to dismiss purported derivative and direct stockholder claims for breaches of fiduciary duty against the directors of Charter...more
Some solid non-search-engine growth helped Alphabet post pretty solid Q4 numbers (with profit missing estimates but revenue surging past them)....more
In major media news yesterday, Gannett has bypassed Tribune Publishing’s leadership and gone directly to its shareholders with a $815 million takeover offer. If accepted, the move would add the LA Times and Chicago Tribune to...more
With approval of their proposed merger pending in the FCC, Charter and TWC recently filed an application to amend service provider certifications of operating authority with the Public Utility Commission of Texas. On Friday,...more
Local Governments Can Protect Themselves and the Public By Filing Comments - Charter Communications, Inc., Time Warner Cable Inc. and Advance/Newhouse Partnership recently filed a public interest statement with the FCC...more
Charter Communications, Inc., Time Warner Cable Inc. and Advance/Newhouse Partnership recently filed a public interest statement with the FCC seeking approval of the proposed merger of the companies. The FCC must determine...more
Local governments may also have authority to review, raise concerns and seek conditions to protect their communities - The Federal Communications Commission has opened a proceeding to review the proposed merger...more
The Federal Communications Commission has opened a proceeding to review the proposed merger announced in May between Charter Communications Inc. and Time Warner Cable Inc., and the associated acquisition of Bright House...more