Delaware Chancery Court

Galaxy Digital Holdings (OTC: BRPHF), led by Mike Novogratz, has triumphed in a legal battle against BitGo over the latter’s $1.2 billion acquisition deal that never materialized.  Quoting a document from the Delaware Chancery Court dated June 9, Bloomberg reported that Galaxy...

A single material misleading disclosure to shareholders could put to end Tesla Inc (NASDAQ: TSLA) CEO Elon Musk’s $65 billion pay. What Happened: Chancellor Kathaleen McCormick, a judge at the Delaware Court of Chancery, asked lawyers for Tesla directors and the investor challenging Musk...

Tesla Inc. (NASDAQ: TSLA) director James Murdoch created a stir by reportedly suggesting that CEO Elon Musk has already identified a potential successor to replace him. He disclosed this while testifying in the Musk compensation trial that is currently underway in the Delaware Chancery Court....

Elon Musk is facing a shareholder lawsuit in the Delaware Chancery Court over his executive compensation, and a Tesla Inc. (NASDAQ: TSLA) board director, who testified on Monday, strongly defended the billionaire. What Happened: Ira Ehrenpreis, who has been serving as a director on the electric...

Twitter Inc. (NYSE: TWTR) stock will be suspended from trading in the public market even as all signs point to Elon Musk completing the deal to take the social media company private. What Happened: Twitter’s shares will be suspended from the NYSE, effective Friday, Reuters reported, citing...

The much-awaited deposition of Elon Musk in the Twitter Inc. (NYSE: TWTR) lawsuit has been delayed, according to several reports, citing sources. What Happened: Musk will now be deposed on an unspecified future date, according to a Bloomberg report. The original schedule was for a two-...