This Week in Chancery Court: Carlyle Group, Prince Estate Fight

Jan. 22, 2024, 10:00 AM UTC

The Carlyle Group Inc. will hear this week whether Delaware’s Court of Chancery will allow a challenge to a $344 million payment to the private equity firm’s senior leaders. Separately, the firm also goes to trial in a lawsuit it says “defies the laws of economics” in challenging its sale of Authentix Inc. to Blue Water Energy LP in 2017.

A fight over the management of pop icon Prince’s estate also could be fast-tracked this week, amid ongoing trials:

Monday: Manti Holdings LLC v. The Carlyle Group Inc., Del. Ch., No. 2020-0657, trial 1/22/24. ...

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