This Week in Chancery Court: Paramount-Skydance, Seegrid, Aurion

Paramount Skydance Corp. will return to Delaware’s Court of Chancery over its Skydance Media LLC merger—days after announcing Warner Bros. Discovery formally inked an agreement to be taken over by the company.

Here’s a look at what is happening in the court this week:

Monday: Metro. Water Reclamation Dist. Ret. Fund v. Paramount Glob., Del. Ch., No. 2025-0377, pretrial conference 3/2/26.

At issue: Paramount’s recent M&A dealings have drawn several shareholder challenges, including this books-and-records demand seeking to peer into more informal discussions surrounding its merger with Skydance, which closed in 2025. Shareholders say their efforts have led ...