Articles Posted in Business and Corporate Law

The CEO, CFO, and chief legal officer who left Twitter when Elon Musk took over have asked the Delaware Court of Chancery to award them over $1 million in unpaid reimbursements for legal fees.

United Healthcare must drop its claim for a more than $2 million refund, a Texas appeals court ruled, because it should have been able to intervene before a much smaller settlement check was cashed had it exercised due diligence.

The landlord of a San Francisco office space operated by the social media company has sued for unpaid rent, echoing problems that Twitter has faced at other properties.

Musk's company Neuralink, which aims to develop a brain implant for humans, faces an investigation of alleged animal abuse during rushed and poorly executed experiments.

Sony Music Entertainment sued Triller, Inc. in the U.S. District Court, Southern District of New York, on Monday, August 29, 2022, alleging that Triller failed to pay licensing fees and permitted the unauthorized use of Sony's copyrighted music in the Triller app.

On Tuesday, July 5, 2022, Ben & Jerry's sued its parent company, Unilever, in an attempt to stop the sales of its ice cream in the West Bank through a third party distributor.

Five New York City pension groups that own stock in Activision Blizzard sued the company over concerns that it undervalued itself in a wrongful and rushed sale to Microsoft.

A former partner sued his ex-firm Tuesday, claiming that it owes him hundreds of thousands of dollars in unpaid compensation and the value of his equity interest, including an interest in $250 million worth of cryptocurrency accepted by the firm as payment. The suit follows one by another former partner alleging that he was illegally ousted from the firm so that other equity partners would not have to share the $250 million asset.

A bipartisan group of state attorneys general argues that Google has used improper anti-competitive methods to force developers and consumers to use its app store.

Companies with $100 million or more in global annual gross revenue would need to pay a percentage of the revenue received from digital advertisements shown in Maryland.