Muskâs Brother Said He Wasnât Aware Elon Pushed SolarCity Deal
Jul 15 2021, 7:00 PM
July 14 2021, 9:18 PM
July 15 2021, 7:00 PM
(Bloomberg) Kimbal Musk, a Tesla Inc. board member, told a Delaware judge he didnât know his billionaire brother Elon Musk was pushing the company to quickly acquire SolarCity in 2016 and said he didnât give much weight to concerns about the solar-power providerâs financial problems.âI was unaware of my brotherâs activitiesâ surrounding the SolarCity deal, Kimbal Musk told Delaware Chancery Court Judge Joseph Slights III on Wednes.
(Bloomberg) Kimbal Musk, a Tesla Inc. board member, told a Delaware judge he didnât know his billionaire brother Elon Musk was pushing the company to quickly acquire SolarCity in 2016 and said he didnât give much weight to concerns about the solar-power providerâs financial problems.
Musk s Brother Said He Wasn t Aware Elon Pushed SolarCity Deal
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MSG Networks Merger Challenge Gets Delaware Court Fast-Track
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Investor Suit Alleges Chemours Directors Misled About Firm’s Financials, Liabilities
Chemours Co.’s directors were accused in a lawsuit of duping shareholders about its financial health and the extent of its legal liability at the time it was spun off from a predecessor of DuPont de Nemours Inc.
When the former E.I. DuPont & Co. officials spun Chemours off in 2015, they saddled the ex-unit with more than $2.5 billion liability over environmental harm and health risks from a class of chemicals known as PFAS, an amount that left the firm insolvent at its inception, Robert Pinto, a Chemours investor, said in a Delaware Chancery Court suit unsealed Thursday.