This Week in Chancery Court: TripAdvisor Appeal, Trade Desk

Oct. 28, 2024, 9:00 AM UTC

TripAdvisor Inc. will argue this week for the reversal of a Delaware Chancery Court opinion allowing shareholders to pursue damages over the travel review and booking website operator’s planned reincorporation in Nevada.

A look at what else is coming up in Chancery Court and the Delaware Supreme Court this week:

Tuesday: In re SwervePay Acquisition LLC, Del. Ch., No. 2021-0447, trial 10/28/24.

At issue: SPOSC Investment Holdings LLC allege Blue Star Innovation Partners and New Mountain Capital defrauded them during negotiations to buy SwervePay LLC’s payment facilitator technology in 2020 for $10 million plus post-closing earnouts. Former top executives ...

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