This Week in Chancery Court: IBEW, Sol Goldman, New Relic

July 1, 2024, 9:00 AM UTC

A hearing in a case challenging GoDaddy Inc.'s $850 million buyout of investor tax benefits will be held Monday at the Delaware Chancery Court.

Here’s more from the court’s calendar next week:

Monday: IBEW Local Union 481 Defined Contrib. Plan & Trust v. Winborne, Del. Ch., No. 2022-0497, hearing 7/1/24.

At issue: GoDaddy Inc.‘s board of directors is fending off a lawsuit over the company’s $850 million buyout of the tax benefits held by its founder and other investors. Vice Chancellor J. Travis Laster denied GoDaddy’s motion to dismiss in August 2023, finding it plausible the board could’ve ...

Learn more about Bloomberg Law or Log In to keep reading:

Learn About Bloomberg Law

AI-powered legal analytics, workflow tools and premium legal & business news.

Already a subscriber?

Log in to keep reading or access research tools.