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Court Allows Tesla Dissenting Shareholder Suit to Go Forward

Court of Chancery says Tesla dissenting shareholders allege sufficient facts to show company CEO, Elon Musk, was a controlling shareholder, despite holding a minority interest; court allows breach of fiduciary claims concerning acquisition of related company to proceed.

In re Tesla Motors Stockholder Litig.

Court of Chancery says Tesla dissenting shareholders allege sufficient facts to show company CEO, Elon Musk, was a controlling shareholder, despite holding a minority interest; court allows breach of fiduciary claims concerning acquisition of related company to proceed.

Fair Value at Crux of Chrysler Bankruptcy

Bankruptcy court authorized a preplan of reorganization sale of substantially all of the debtors’ assets based on evidence of fair value in exchange.

In re Chrysler LLC

Bankruptcy court authorized a preplan of reorganization sale of substantially all of the debtors’ assets based on evidence of fair value in exchange.

Appeals Court Refuses to Disturb Lower Court’s Findings on Expert Credibility

Husband owned a Ford Motor Company SSIP (Savings and Stock Investment Plan) account. The account consisted of four components: (1) Ford Company Stock; (2) Ford Common Stock; (3) Current Inte ...

Purdy v. Purdy

Husband's motion to vacate an order overruling objections denied because of untimeliness (counsel was out of town) and retirement benefits divided must be based on wife's life expectancy.

Armstrong v. Armstrong

Suit to determine what portion of husband's stock benefit and savings plan his former wife was entitled to under their 1983 judgment of divorce.

Solomon v. Armstrong

Delaware Court of Chancery dismissed claims of the GM class E shareholders challenging the fairness of transaction that effected a split-off of its wholly owned subsidiary Electronic Data Sy ...

Solomon v. Armstrong

Delaware Court of Chancery dismissed claims of the GM class E shareholders challenging the fairness of transaction that effected a split-off of its wholly owned subsidiary, Electronic Data Systems Holding Corp.

In re General Motors class H shareholders litigation

At issue is breach of fiduciary duties.

In re General Motors Class H Shareholders Litigation

Delaware Court of Chancery dismissed claims of the GM class H shareholders challenging the fairness of transactions that split up GM's wholly owned Hughes Electronic Corp., which were approved by stockholder vote.

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