Uber’s Kalanick Says Benchmark Suit Should Go to Arbitration

Aug. 14, 2017, 10:16 PM
Travis Kalanick
Photographer: David Paul Morris/Bloomberg

Ex-Uber Technologies Inc. Chief Executive Officer Travis Kalanick said the lawsuit brought by venture-capital firm Benchmark seeking his ouster from the company’s board should be heard in private arbitration.

In a letter Aug. 14 to a Delaware judge, an attorney for Kalanick said Benchmark’s claims are subject to a mandatory arbitration provision contained in the voting agreement that is the focus of the suit. Forcing the suit into arbitration would likely keep details of the claims out of the public spotlight and may also enable Kalanick to present evidence that might otherwise be barred at a trial.

Benchmark last ...

To read the full article log in.

Learn more about a Bloomberg Law subscription.