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The Latest Breaking News from Ann Lipton

Companies moving their legal homes to Texas is good PR, but don’t expect many new jobs

A company’s legal home determines which state taxes and laws governing corporations it will be subject to. Some are fleeing Delaware in search of a friendlier environment in Texas.

The Texas Tribune

Tesla shares tumble as Elon Musk floats new US political party

Musk’s political ambition has spooked investors as the auto company reports a decrease in sales in the second quarter.

Al Jazeera

Tesla shareholders who are furious with Elon Musk have 2 main options to advocate for change

Launching a lawsuit against Musk is unlikely to work, says a legal scholar.

Fortune

From analysis to the latest developments in health,
read the most diverse news in one place.

Elon Musk’s $45bn Tesla pay package not a done deal, say legal experts

Although shareholders have backed chief executive’s remuneration deal, doubts remain over whether he will be able to access share-based package

The Guardian - US

Shareholders Approve Elon's $56B Pay But He Won't Get The Money Just Yet - Here's Why

Tesla shareholders approved Musk's $45 billion pay, but legal disputes linger. Judge's ruling on board independence and fairness unresolved.

International Business Times UK

Elon Musk loves a good lawsuit

How Musk uses litigation to deflect—and bully—his critics.

Fortune

Could X’s creditors push the social media company into bankruptcy?

Elon Musk has a ‘spotty reputation’ for paying his debts, but experts say the investment banks who funded his $44bn Twitter takeover will cut him some slack

The Independent UK

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Everything we don't know about Elon Musk's latest about-face on Twitter

Elon Musk wants to buy Twitter for $54.20 a share: A headline from April, yes, but also breaking news, with the on-again, off-again Silicon Valley saga looping back around on itself to end up, on the eve of a courtroom showdown, exactly where it started.

Los Angeles Times

What if Musk loses the Twitter case but defies the court?

Twitter wants a Delaware court to order Elon Musk to buy the social media service for $44 billion, as he promised back in April

The Independent UK

Texts released ahead of Twitter trial show Elon Musk assembling the deal

Elon Musk's takeover of Twitter went down via private text messages between the Tesla CEO and a small circle of Silicon Valley's rich and powerful, according to court filings released this week.

WEKU

Michael Hiltzik: Who's really on the hot seat in the Musk/Twitter fight? This little-known Delaware court

Most non-lawyers probably have no idea that the Delaware Chancery Court even exists. Thanks to Elon Musk and Twitter, it's about to become world-famous.

Los Angeles Times

Elon Musk says he won't buy Twitter

The billionaire Tesla CEO has changed his mind about buying Twitter, but it's not so easy to walk away from the legal agreement he signed with the social network.

WEKU

SSRN Removes Academic Paper Due to Defamation Claim

A paper by Professor Ann Lipton has been deplatformed because Philip R. Shawe does not like how it portrays his actions in a business dispute, and now a law review may refuse to publish the piece.

People

Kathaleen St J McCormick

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Delaware Chancery Court

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SSRN

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Delaware Supreme Court

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