Latest Stories

This Week in Chancery Court: Snap and Popwallet, Subnautica Game

Delaware’s Court of Chancery will hear post-trial arguments in a $250 million earnout suit tied to the postponed release of a popular underwater-survival game’s next installment. And it will consider Snap Inc.‘s motion to dismiss a lawsuit brought by a co-founder of Popwallet Inc., which the social media giant acquired, saying its stockholders were fraudulently induced into the 2021 deal.

Oroville Hospital Bankruptcy Loan Inadequate, Affiliates Say

Oroville Hospital’s proposed $40 million bankruptcy loan fails to account for ongoing lease payments and contractual amounts due to the Northern California health-care provider’s affiliated business partners, the non-bankrupt entities said.

Best Buy, Apple, Others Make Millions From California Tax Deals

A few dozen California cities have lucrative deals with retail giants like Apple, Best Buy, and Nike. These deals result in the cities paying millions of dollars from their local tax revenue back to the companies. In this video, we explore how these deals work and what some city and state lawmakers are hoping to do about it.