The vote doesn’t negate the Delaware Chancery Court’s decision faulting the process by which Tesla’s board originally approved the CEO’s pay package.
'National Law News' Category Archives
A 'Death Penalty'? Ford Set to Ask Appeals Court to Reject $1.7B Verdict, Order New Trial
Appeal of the record verdict has drawn amicus briefs from the American Tort Reform Association, the Georgia and United States Chambers of Commerce, Georgians for Lawsuit Reform and the Alliance for Automotive Innovation.
Group Presses for Quicker Resolution of Child Victims Act Cases, Claiming Backlog
The Office of Court Administration pushed back, saying court leaders are prioritizing these complicated cases that often involve decades-old allegations.
Army of Lawyers Suit Up for Price-Gouging Antitrust Class Actions Against Shale Producers
“Eleven nearly identical putative class action complaints have been filed against defendants, alleging a conspiracy to constrain the production of shale oil to increase the price of oil products,” the oil company defendants said.
Amazon Accused of Monopolizing Audiobook Market in Antitrust Class Action
“Audiobooks are listened to by millions of Americans. We are proud to represent a proposed class of authors who create the content we enjoy and are striving in this case to unwind and undo the harm authors have suffered by amazons’ abusive monopoly practices. Taking 60 to 75 percent of sales is outrageous and amazon […]
After Federal Judge's Dismissal, Zantac Legal Fight Reignites in State Courts
On May 23, the first verdict in the nation over Zantac came out in Illinois, while a Delaware judge’s May 31 decision allowed plaintiffs’ experts for thousands of cases.
Employers Are Calling Their Lawyers as Overtime Rule Revisions Loom
“You need to stay up to the minute on developments,” said Mark S. Goldstein, a labor and employment lawyer at Reed Smith. “We have to be able to be flexible and pivot quite quickly, with the patchwork of employment laws at the state and local level.”
The Law Firm Disrupted: Deja Vu for a Regional Stalwart?
The spot that Boston’s Burns & Levinson finds itself in feels distressingly similar to Philadelphia’s Schnader Harrison Segal & Lewis a year ago.
Federal Judge Clears Path for Policyholder's Class Action Against USAA for $7M Interest on Improperly Retained Late Fees
U.S. District Judge Peter J. Messitte of the District of Maryland ruled the plaintiff pleaded facts clearly to suggest USAA “knew full well that they had the use of the late fees,” and “they understood the time-value of the fees” and their interest-bearing potential, according to a June 11 opinion.
Recent Revisions to the NVCA Model Forms
The National Venture Capital Association (NVCA), the self-designated flagship trade association of the venture capital (VC) industry, has developed a widely used set of annotated model legal documents as the starting point for negotiating VC financing transactions.