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Regulation and litigation surrounding auto safety and manufacturing.
By Ross Todd | February 2, 2024
A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
10 minute read
By Charles Toutant | February 1, 2024
The plaintiff suffered a left shoulder tear and cervical and lumbar herniations. He ultimately underwent a lumbar laminectomy, a lumbar fusion and the insertion of a spinal cord stimulator.
2 minute read
By Ellen Bardash | January 31, 2024
Shortly after Chancellor Kathaleen St. J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
5 minute read
Delaware Business Court Insider
By Ellen Bardash | January 30, 2024
Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
3 minute read
By Maria Dinzeo | January 30, 2024
"Lucid's products set an incredibly high bar for automotive companies, and I'm energized to join at a time when the company is poised to expand further," new legal chief Matt Everitt said.
4 minute read
By Chris O'Malley | January 30, 2024
The law firm's 195-page internal report blasts Cruise for "poor leadership, mistakes in judgment, lack of coordination" and a failure to grasp its obligation to be transparent and accountable to the public and regulators.
8 minute read
By Maydeen Merino | January 19, 2024
National Automobile Dealers Association says agency acted arbitrarily and capriciously.
3 minute read
By Chris O'Malley | January 17, 2024
The legal fallout is just beginning for Cummins, which opened up its wallet to settle charges it installed emissions-control defeat devices in Dodge Ram pickups.
5 minute read
Delaware Business Court Insider
By Ellen Bardash | January 11, 2024
"Because settlements of derivative actions are not indemnifiable by the nominal company defendant in Delaware, this would defeat a key function of D&O insurance."
3 minute read
By Chris O'Malley | January 11, 2024
The agreement "sends a signal the EPA is making an example of someone. Make sure your house is in order," said Joshua Van Eaton, a principal at Beveridge & Diamond.
6 minute read
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