An exclusive license between the parties specified that the defendant would compensate the plaintiffs through distributions of its cryptocurrency, in lieu of traditional currency.
On April 27, 2022, the Delaware Court of Chancery in In re Tesla Motors Stockholder Litigation rendered a post-trial verdict finding for Elon Musk, co-founder and CEO of Tesla Motors,.
Judge Paul Wallace of the Delaware Superior Court issued a recent opinion in Diamond Fortress Technologies, Inc. v. EverID, Inc., clarifying the treatment of cryptocurrency assets when.
In Diamond Fortress Technologies Inc. v. EverID Inc., Defendant failed to compensate plaintiffs for their work in helping develop EverID’s cryptocurrency trading platform. the court was required to determine the proper method for calculating the damages