WILMINGTON – In a significant legal victory for The Trade Desk, Delaware’s Chancery Court has dismissed shareholder claims challenging CEO Jeff Green’s multibillion-dollar compensation package. The Trade Desk is a technology company that deals with digital advertising, with a net worth of $3.9 billion. The ruling, issued by Vice Chancellor Paul A. Fioravanti, Jr., highlights procedural insufficiencies in the plaintiffs’ …
ChristianaCare has filed a lawsuit to stop the creation of a board that would oversee hospital budgets, saying it violates the system’s state and federal constitutional rights and corporate laws, and threatens its mission to care for the community. The suit, filed in Delaware’s Court of Chancery, which deals with business issues, says House Bill 350 illegally gives the …
Famed lawyer Alan Dershowitz’s lively appearance Thursday in a Delaware Court of Chancery included debating former Harvard student and now Chancellor Kathaleen St. J. McCormick and eventually dropping checks worth nearly $5 million onto the defense table. It essentially paid in full what TransPerfect Global owes the Chancery Court. Along the way, the hearing — to decide if Transperfect should …
Juli LaBadia, the chief court reporter for the Delaware Court of Chancery, says she doesn’t dream about working on her steno machine, even after 40 years on the job. “You dream that you’re on a vacation at the beach and you have an emergency hearing and all you have is a stick and so you have to write …
A Delaware judge ruled Tuesday that social media behemoth Twitter Inc. and the world’s richest man, Elon Musk, will face off in a five-day trial beginning in October. Attorneys for Twitter asked Chancellor Kathaleen St. Jude McCormick to grant an expedited trial in the company’s lawsuit against Musk. Twitter sued Musk in the Delaware Court of Chancery after he announced …
Townsend Free Will Baptist Church in Townsend, Del. Two pastors have announced separate lawsuits against Gov. John Carney in the Delaware Court of Chancery. A 92-page complaint made public Tuesday night alleges that Carney’s Emergency Orders throughout the first 14 weeks of the COVID-19 lockdown in 2020 denied the pastors their absolute religious freedoms on 29 separate occasions. Behind the …
Carney’s nominations must be confirmed by the Delaware Senate.
