The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group.
The Walt Disney Co board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of Delaware's Court of Chancery means that Disney will not have to turn over internal records including years of board members' emails sought by shareholder Kenneth Simeone, who sued Disney in December. The judge said Simeone cannot use a provision of Delaware corporate law meant to empower shareholders to investigate boardroom wrongdoing to "search for hypothetical conflicts."
WILMINGTON, Delaware, June 27 (Reuters) - The Walt
Disney Co board did not act negligently when it
criticized a sexual identity bill signed by Florida Governor Ron
DeSantis, a Delaware judge ruled on Tuesday, in a case the ju.
R.J. Reynolds Tobacco Co. has received another victory in its legal battle with ITG Brands LLC over who is responsible for annual Master Settlement Agreement payments on four traditional cigarette
R.J. Reynolds Tobacco Co. has received another victory in its legal battle with ITG Brands LLC over who is responsible for annual Master Settlement Agreement payments on four traditional cigarette