A new study found that courts in the state, where many big companies reside, often cleared big payouts to lawyers. It may further embolden the state’s critics.
Category: Delaware
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Avelo Airlines Faces Backlash for Aiding Trump’s Deportation Campaign
The company, which serves airports in liberal cities on the coasts, has agreed to operate chartered flights for Immigration and Customs Enforcement.
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WeightWatchers Files for Bankruptcy to Reduce $1 Billion in Debt
The company, which has shaped how millions eat and exercise, is trying to reduce its debt as it expands its telehealth business.
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Forever 21 Operator Files for Bankruptcy
The company, which helped popularize fast fashion in the United States, has struggled to compete with online retailers. It is the company’s second bankruptcy filing in six years.
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Top Law Firms Defend Overhaul of America’s Business Court
After backlash from Elon Musk and companies like Meta, Big Law is publicly supporting a bill seeking to reform the Delaware Court of Chancery.
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Rodney McMullen, Kroger CEO, Resigns After Board’s Personal Conduct Investigation
The grocery chain said it had investigated its chief executive, Rodney McMullen, and found that his actions were “inconsistent” with its business ethics policy.
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From the Military to a Watchmaker’s Bench
Since its first class in 2017, the Veterans Watchmaker Initiative has provided free training to almost 80 former servicemen and women.
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Will Elon Musk Ever Collect His Full Tesla Pay Package?
The electric vehicle maker vowed to appeal after a Delaware judge rejected the tech mogul’s massive compensation deal for a second time.
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Elon Musk’s $50 Billion Tesla Pay Can’t Be Reinstated, Delaware Judge Rules
The judge said she would not reverse her decision to strike down the compensation package after Tesla shareholders approved Mr. Musk’s pay a second time.
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Smartmatic-Newsmax Defamation Case Heads to Trial
Smartmatic, an election technology company, has accused the right-wing cable news channel of knowingly spreading false vote-rigging claims.
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Tupperware, Food Container Pioneer, Files for Bankruptcy
The once-mighty kitchenware company has struggled financially for years. It says the direct sales model that fueled its success has become a weakness.
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Delaware Judge Questions Tesla About Vote on Elon Musk’s Tesla Pay
Lawyers for Tesla have asked a Delaware judge to reverse her decision to void a multibillion-dollar pay package for Mr. Musk after shareholders approved it a second time in June.