Raine Group LLC likely drove Olo Inc. into an underpriced $2 billion sale to Thoma Bravo LLC that prioritized the private equity firm’s exit timeline over shareholder value, according to a hedge fund lawsuit.
Delaware’s standard for reviewing shareholder approval in merger cases involving fiduciary breach claims was correctly applied in a challenge to Zendesk Inc.'s $10.2 billion take-private sale, the state’s supreme court said Wednesday.
An FTX trust sued Bitcoin mining company Genesis Digital Assets Ltd. to claw back $1.15 billion it says was fraudulently transferred by the fallen cryptocurrency exchange’s co-founder, Sam Bankman-Fried.
The EPA finalized a water quality rule for the Delaware River Monday that was first proposed during the Biden administration.
A new SEC policy that allows companies to compel arbitration rather than litigation removes a key legal tool holding startups accountable, investor attorneys said.
Moviemaking heavyweights including Warner Bros. Entertainment, Sony Pictures Entertainment, and Fox Corp. must keep defending against claims they copied patented LED tube lights after a Delaware federal judge largely denied their dismissal bids.
An attorney with experience in estate litigation and adult guardianships has been appointed Magistrate in Chancery, one of two new judicial officers who will help manage the Delaware business court’s busy caseload.
Revived claims over an abandoned merger between Mike Novogratz’s Galaxy Digital Holdings and crypto custodian BitGo, and the latest dispute involving education technology firm Jenzabar Inc., are the highlights on the Delaware Chancery Court calendar this week.
The nation’s largest business lobby is soliciting support from its members for a lawsuit against the Trump administration over its changes to the visa system for skilled foreign workers, setting up a potentially rancorous battle between corporate America and the president.
Democrats in Congress want more information on three major law firms’ possible work for the Commerce Department after making deals with the White House to evade executive orders.
California Gov. Gavin Newsom (D) signaled his support Wednesday for more regulation of AI companies, potentially including a first-in-the-nation measure that would require developers of advanced artificial intelligence models to disclose their safety protocols.