Major shareholders of Texas Pacific Land Corp. knew they were breaching their voting commitment in opposing a plan to issue new stock, an attorney for the Permian Basin land giant told the Delaware Supreme Court on Wednesday.
The Delaware Supreme Court, sitting en banc, recently affirmed Vice Chancellor Lori Will's dismissal of the plaintiffs' claims in In re Baker Hughes, a GE Company.
Quinn Emanuel is pleased to report the successful conclusion of its representation of a Special Litigation Committee (SLC) of the Baker Hughes Board after the Delaware Supreme Court affirmed last week a Court of Chancery order dismissing a derivative suit against GE and certain Baker Hughes Directors.