This Week in Chancery Court: TripAdvisor, Gen Digital Settlement

May 1, 2023, 9:02 AM UTC

TripAdvisor Inc. investors will ask the Delaware Court of Chancery this week to fast-track their challenge to the company’s plan to move operations to Nevada. A similar maneuver by Elon Musk amid the court cases that followed his acquisition of Twitter Inc. recently highlighted Nevada’s lax corporate oversight compared to Delaware.

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

Monday: Bass v. Geneve Holdings Inc. , Del. Ch., No. 2022-0778, oral arguments 5/1/23.

At issue: A former Independence Holdings Corp. investor challenged the insurer’s $333 million take-private buyout by controlling stockholder Geneve Holdings Inc. The ...

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

See Breaking News in Context

Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.

Already a subscriber?

Log in to keep reading or access research tools and resources.