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Press release content from Business Wire. The AP news staff was not involved in its creation. Citizens for a Pro-Business Delaware Joins Pastor Hackett’s Protest for Diversity on Chancery Court April 15, 2021 GMT Activists protest the lack of diversity on the Chancery Court (Photo: Business Wire) DOVER, Del. (BUSINESS WIRE) Apr 15, 2021 After the recent nomination of former Skadden lawyer, Lori Will, to the Chancery Court, Citizens for a Pro-Business Delaware joined with Pastor Blaine Hackett of St. John African Methodist Church along with community members to protest the decision and the lack of diversity in Delaware’s court system. ....
Press release content from Business Wire. The AP news staff was not involved in its creation. Citizens for a Pro-Business Delaware Slams Lack of Transparency and Clear Conflicts of Interest in Recent Chancery Court Nominations April 13, 2021 GMT DOVER, Del. (BUSINESS WIRE) Apr 13, 2021 Yet again, Governor John Carney disregarded pleas for racial diversity in the Chancery Court through the recent nomination of former Skadden Arps lawyer Lori Will to join the Court as a Vice Chancellor, replacing outgoing Chancellor Andre Bouchard, while picking current Vice Chancellor Kathleen McCormick to rise to Chancellor. On April 9, 2021, Governor John Carney nominated Lori Will, a white woman, to replace the open seat left by Chancellor Andre Bouchard. Despite pastors and community leaders calling for a Black justice on the court, Governor Carney once again nominated an elite white lawyer to a court whose decisions affect thousands of Black workers. ....
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11 Min Read (Reuters) - Chancellor Andre Bouchard of Delaware Chancery Court ruled Monday that WeWork cannot voluntarily dismiss a lawsuit accusing Softbank and Vision Fund of breaching a multi-pronged agreement in which the defendants pledged to complete a $3 billion tender offer for WeWork shares in addition to providing financing to the struggling company. Bouchard’s ruling resolved an extraordinarily unusual dispute over corporate control. The lawsuit was filed on the company’s behalf last April, after Softbank ditched the tender offer, by a special committee comprised of the two WeWork board members who had negotiated the SoftBank deal. At the time of the filing, the special committee had the backing of the company’s outside counsel at ....