A Superior Court judge and a Connolly Gallagher LLP attorney with experience in administrative law have been nominated by Delaware's governor to serve on the First State's five-justice Supreme Court, pending approval by the state Senate.
Mullen Automotive is urging the Delaware Chancery Court to reject a $3 million fee bid by investors in a mooted suit that challenged certain changes to the company's capital structure and plans to reincorporate in Maryland, arguing counsel for the stockholders deserve no more than $900,000.
A Delaware vice chancellor has ordered attorneys from Reed Smith LLP to stand in a courthouse with signs and answer any questions from stockholders after a notification error caused a settlement hearing to be postponed in litigation challenging equity compensation awards made to The ODP Corp.'s CEO.
Attorneys for Mullen Automotive Inc. stockholders are seeking a $3 million fee award for a mooted consolidated suit in Delaware Chancery Court that challenged certain changes to the company's capital structure and plans to reincorporate in Maryland.
Two groups of shareholders and their attorney teams are vying to lead a consolidated shareholder suit in Delaware Chancery Court challenging the fairness of Discovery Inc.'s $43 billion merger last year with AT&T's WarnerMedia business, which created Warner Bros. Discovery Inc.