Courts of equity

Citizens for a Pro-Business Delaware Urges Tesla CEO Elon Musk to Support Efforts to Diversify Chancery Court and Enhance Judicial Transparency

Retrieved on: 
Monday, July 19, 2021

Following a recent visit by Elon Musk to testify in front of the Delaware Court of Chancery, Citizens for a Pro-Business Delaware (CPBD) urged the billionaire Tesla CEO to use his influence to amplify the need for judicial reform in the First State.

Key Points: 
  • Following a recent visit by Elon Musk to testify in front of the Delaware Court of Chancery, Citizens for a Pro-Business Delaware (CPBD) urged the billionaire Tesla CEO to use his influence to amplify the need for judicial reform in the First State.
  • Delawares Chancery Court rules over more than half of the countrys Fortune 500 companies yet continues antiquated and opaque proceedings without juries or allowing cameras in the court.
  • CPBD has led the charge for Chancery Court reform and is calling on high-profile business leaders to join the fight for increased transparency, diversity, and accountability on the court.
  • While their primary goal of saving the company has been accomplished, they continue their efforts to fight for more transparency in the Delaware Chancery Court.

Citizens for a Pro-Business Delaware Celebrates Chancery Court Chancellor Andre Bouchard’s Retirement Five Years Early; Calls on Governor Carney to Appoint Diverse Replacement

Retrieved on: 
Wednesday, December 30, 2020

As Chancellor Bouchards reign on the Chancery Court comes to an end, we hope the new court will finally embrace the common-sense reforms weve proposed to rebuild trust in the judicial system.

Key Points: 
  • As Chancellor Bouchards reign on the Chancery Court comes to an end, we hope the new court will finally embrace the common-sense reforms weve proposed to rebuild trust in the judicial system.
  • To that end, it is critical that we replace Chancellor Bouchard with a person of color so that Delawares courts represent all of its citizens, not just the elite few.
  • Were optimistic that with Chancellor Bouchards retirement, we can achieve a more diverse, fair court for Delawareans to be proud of.
  • While their primary goal of saving the company has been accomplished, they continue their efforts to fight for more transparency in the Delaware Chancery Court.

TransPerfect and CEO Phil Shawe Win Sweeping Victory in Fight for Delaware Chancery Court Transparency as Motion to Unseal Full Court Record Is Granted

Retrieved on: 
Thursday, October 29, 2020

TransPerfect , the worlds largest provider of language and technology solutions for global business, today announced a major victory in Delaware Chancery Court.

Key Points: 
  • TransPerfect , the worlds largest provider of language and technology solutions for global business, today announced a major victory in Delaware Chancery Court.
  • By opening these records, the Court has broken with its long-standing reputation of operating in a "star chamber" environment.
  • TransPerfect and Shawe continue to work diligently to resolve all remaining housekeeping matters stemming from the Chancery Courts unpredictable and unprecedented order.
  • TransPerfect employees celebrated their active role in bringing diversity to the traditionally all-white Delaware Supreme Court as a major victory.

Number of Shareholder Appraisal Petitions in Delaware Continues Downward Trend in 2018

Retrieved on: 
Wednesday, February 13, 2019

BOSTON, Feb. 13, 2019 /PRNewswire-PRWeb/ --The number of appraisal petitions filed in the Delaware Court of Chancery continued to fall in 2018.

Key Points: 
  • BOSTON, Feb. 13, 2019 /PRNewswire-PRWeb/ --The number of appraisal petitions filed in the Delaware Court of Chancery continued to fall in 2018.
  • In the 34 appraisal cases that went to trial during the 13-year period, there has been considerable variation in the Court of Chancery and Delaware Supreme Court opinions.
  • Several recent decisions, including In Re: Appraisal of Dell Inc. and In Re: Verition Partners Master Fund Ltd. et al.
  • The top 10 petitionerslargely hedge funds and private equity firmsaccounted for more than half of the 433 petitions between 2006 and 2018.