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Attendees inspect Smith and Wesson firearms at the National Rifle Association's (NRA) annual meeting, in Indianapolis, Indiana, U.S., April 28, 2019. Smith & Wesson, which is incorporated in Nevada, did not respond immediately to a request for comment. The group of nuns filed the lawsuit in their role as Smith & Wesson shareholders, in what is known as a derivative lawsuit. The nuns alleged that the directors of Smith & Wesson have ignored growing legal risks from making assault-style rifles. Smith & Wesson warned in its 2022 annual report that it might have to pay significant damages due to legal proceedings against the company.
Persons: Smith, Bryan Woolston, Jeffrey Norton, gunmakers, gunmaker Remington, Adrian Dominican, Bon, Francis of Philadelphia, Jesus, Tom Hals, Alexia Garamfalvi, Leslie Adler Organizations: Wesson, REUTERS, Smith, Tuesday, Smith & Wesson, Sandy, Elementary, U.S, Supreme, Adrian, Bon Secours, St, Jesus &, Thomson Locations: Indianapolis , Indiana, U.S, WILMINGTON , Delaware, Nevada, Colorado, Connecticut, New York , Illinois, California, Adrian , Michigan, Marriottsville , Maryland, Aston , Pennsylvania, Ontario Province, Marylhurst , Oregon, Wilmington , Delaware
Berkshire Hathaway Chairman Warren Buffett walks through the exhibit hall as shareholders gather to hear from the billionaire investor at Berkshire Hathaway Inc's annual shareholder meeting in Omaha, Nebraska, U.S., May 4, 2019. Berkshire owns 80% of Pilot, having paid the Haslams $2.76 billion for a 38.6% stake in 2017 and $8.2 billion for another 41.4% in January. The Haslams sued Omaha, Nebraska-based Berkshire in October, accusing it of seeking a "windfall" by adopting "pushdown" accounting for Pilot. Berkshire countersued on Nov. 28, saying Jimmy Haslam tried to bribe Pilot executives with millions of dollars to inflate earnings in 2023 at the expense of future years. According to court papers, the Haslams believe the 20% Pilot stake was worth $3.2 billion before Berkshire's accounting change, an amount Berkshire disputes.
Persons: Warren Buffett, Scott Morgan, Warren Buffett's Berkshire Hathaway, Jimmy Haslam, Chancellor Morgan Zurn, Haslam, Zurn, Berkshire, Berkshire countersued, Tom Hals, David Holmes Organizations: Berkshire Hathaway, REUTERS, Rights, Travel Centers, Cleveland Browns, Berkshire, Pilot, Thomson Locations: Omaha , Nebraska, U.S, Rights WILMINGTON , Delaware, Delaware, Delaware's, Berkshire, Knoxville , Tennessee, Wilmington , Delaware
Logo of Bayer AG is pictured at the annual results news conference of the German drugmaker in Leverkusen, Germany February 27, 2019. Each was diagnosed with non-Hodgkin lymphoma that they alleged was caused by using Roundup on their family property. Bayer has said that decades of studies have shown Roundup and its active ingredient, glyphosate, are safe for human use. The verdict is the fourth straight loss in court for Bayer, after the company had been found not liable to plaintiffs in nine consecutive trials. In 2020, Bayer settled most of the then-pending Roundup cases for up to $10.9 billion.
Persons: Wolfgang Rattay, Bayer, Valorie Gunther, Jimmy Draeger of, Daniel Anderson of, Draeger's, Brenda, Bart Rankin, Forrest Weldon, Tom Hals, Bill Berkrot Organizations: Bayer AG, REUTERS, Bayer, Monsanto, Union Investment, U.S . Environmental Protection Agency, EU Commission, European Food Agency, European Chemicals Agency, Thomson Locations: Leverkusen, Germany, Missouri, Cole County , Missouri, New York, Jimmy Draeger of Missouri, Daniel Anderson of California, Wilmington , Delaware
Freeman also worked as a contract lawyer for Jackson Walker after leaving the firm. Jones and Jackson Walker signed off on the arrangement without disclosing the relationship, court papers show. Until then he was the busiest bankruptcy judge in the United States, overseeing the dissolution or restructuring of corporate titans ranging from Neiman Marcus to J.C. Penney. Bankruptcy judges often serve as mediators in complex cases that are being run by other judges. In the GWG bankruptcy, Jackson Walker on Nov. 30 asked the judge overseeing the case to appoint Jones as mediator.
Persons: David Jones, Jones, Jackson Walker, Elizabeth Freeman, Freeman, Neiman Marcus, J.C, Tom Kirkendall, Jackson, Debtwire, Tehum, Bruce Markell, Tom Hals, Dietrich Knauth, Alexia Garamfalvi, Amy Stevens, Grant McCool Organizations: Reuters, REUTERS, Staff, McDermott International, Houston, GWG Holdings, Wall Street, U.S, Circuit, Appeals, U.S . Department of, Tehum Care Services, Corizon, U.S ., Thomson Locations: Houston , Texas, U.S, WILMINGTON , Delaware, Texas, Houston, United States, Penney, GWG, Wilmington , Delaware, New York
The company wants Kathaleen McCormick, chief judge on the court, to approve a fee of no more than $64 million. The attorneys represented a Detroit police union pension plan that sued Tesla's directors for excessive compensation during 2017 to 2020. Nearly all of the directors' compensation comprised stock options and they only got paid if the stock rose. The 2020 lawsuit settled in July with the directors agreeing to return to Tesla $735 million as part of a $919 million agreement. The difference in the two values boils down to the stock options.
Persons: Thomas Peter, Kathaleen McCormick, Elon Musk's, James Murdoch, Rupert Murdoch, Larry Ellison, Tesla, Tom Hals, Noeleen Walder, David Gregorio Our Organizations: REUTERS, Oracle Corp, Tesla, Detroit, Oracle, Thomson Locations: Beijing, China, WILMINGTON , Delaware, Delaware, Delaware's Court, Wilmington , Delaware
Below is a list of Musk's legal entanglements. The SEC had said in May 2022 that it was looking into Musk's disclosures about his stake in company. $56 BILLION TESLA COMPENSATION LAWSUITA ruling is also expected soon following a non-jury trial challenging Musk's $56 billion pay at Tesla. EMPLOYMENT DISPUTESMusk's major companies Tesla, SpaceX and the X social media platform are embroiled in several legal disputes alleging age, gender or race-based discrimination. LAWSUITS SPARKED BY MUSK'S TWEETSMusk's tweets on the social media platform that he now owns has often courted controversy and been the subject of legal trouble.
Persons: Elon Musk, Chuck Schumer, Leah Millis, Musk, X, Tesla, Donald Trump, Tom Hals, Jaspreet Singh, Zaheer Kachwala, Noeleen Walder, Matthew Lewis, Rod Nickel Organizations: Intelligence, Senate, U.S, Capitol, REUTERS, Twitter, U.S . Securities, Exchange Commission, SEC, Tesla, SpaceX, U.S . Justice Department, California's Department of Civil Rights, U.S . National Labor Relations Board, U.S . SEC, Supreme, Wall Street, Thomson Locations: Washington , U.S, Florida, California, San Francisco, U.S, Los Angeles, Manhattan, Wilmington, Del, Bengaluru
[1/5] U.S. President Joe Biden's son, Hunter Biden, walks to appear in a federal court on gun charges in Wilmington, Delaware, U.S., October 3, 2023. Biden wore a dark suit and tie during his appearance at the federal courthouse in Wilmington, Delaware, which lasted 25 minutes. Six men wearing earpieces who appeared to be Secret Service agents sat near Hunter Biden during the court proceedings and escorted him out of the courtroom through a side door. Burke said Hunter Biden submitted to tests for illegal drug use multiple times recently and had tested negative. Reporting by Tom Hals in Wilmington, Delaware; Editing by Andy Sullivan, Scott Malone and Alistair BellOur Standards: The Thomson Reuters Trust Principles.
Persons: Joe Biden's, Hunter Biden, Mike Segar, Biden, Christopher Burke, Abbe Lowell, earpieces, Burke, Hunter Biden's, Biden's, Donald Trump, Maryellen Noreika, Hunter, Trump, Joe Biden, Tom Hals, Andy Sullivan, Scott Malone, Alistair Bell Organizations: REUTERS, Rights, Secret, Republican, U.S, District, Supreme, Republicans, Thomson Locations: Wilmington , Delaware, U.S, Rights WILMINGTON , Delaware, Wilmington, Lowell, Ukraine, China
Senator Bob Menendez (D-NJ) and his wife Nadine Arslanian arrive for a state dinner in honor of French President Emmanuel Macron at the White House in Washington, U.S., December 1, 2022. A lawyer for Arslanian, who also goes by Nadine Menendez, said she denied wrongdoing and would "vigorously defend" against the allegations in court. Arslanian, 56, reportedly met Menendez, 69, at an IHOP pancake restaurant, which the senator has praised as a favorite dining spot. Soon after she met Menendez, Arslanian worked with businessman Wael Hana to introduce the senator, the powerful chairman of the U.S. Senate Committee on Foreign Relations, to Egyptian officials, the indictment said. She then forwarded it to Egyptian officials, according to the indictment.
Persons: Bob Menendez, Nadine Arslanian, Emmanuel Macron, Amanda Andrade, Rhoades, Menendez, Arslanian, Nadine Menendez, Wael Hana, Hana, Tom Hals, Luc Cohen, Daniel Wallis Organizations: White, REUTERS, U.S ., Foreign Relations, U.S . State Department, U.S, Embassy, Strategic, Business, Thomson Locations: Washington , U.S, New Jersey, COVID, India, Cairo, Egypt, Englewood Cliffs , New Jersey, Wilmington , Delaware, New York
David Minkin, an attorney for Maui County, told Reuters that only a small portion, if any, of its land was involved in the blaze. Wildfire victims have struggled over the years to hold landowners liable, even for fires ignited on their property. Rick Linkert, a California attorney who specializes in defending wildfire cases, said it may not be easy for Wells' legal team to show negligence. They would have to demonstrate there was an accepted standard for managing grasslands and that the landowners ignored it, he said. Maui County has filed its own lawsuit against Hawaiian Electric, which it blames for the fire.
Persons: Joe Biden, Jill Biden, Kevin Lamarque, Harold Wells, Rebecca Rans, Wells, Bishop, David Minkin, Rans, Jim Bickerton, Bickerton, Rick Linkert, Linkert, Pauahi Paki, Kamehameha, Tom Hals, Amy Stevens, Noeleen Walder, Josie Kao Organizations: REUTERS, Rights, Kamehameha Schools, Reuters, Honolulu Star, U.S . Forest Service, Hawaiian Electric, Thomson Locations: Lahaina, Maui, Hawaii, U.S, Rights WILMINGTON , Delaware, Harold Wells of Arizona, Maui County, Wailuku, Guinea, California, Hawaiian, Wilmington , Delaware
The lawyers want a judge to approve $229 million in fees, or $10,690 an hour, according to a Sept. 8 filing in Delaware's Court of Chancery. The legal fee and the settlement must be approved by a Delaware judge at a hearing scheduled for October. The Telsa directors have not objected to the fee request but are expected to do so, according to a court filing by the plaintiffs' lawyers. In 2012, the Delaware Supreme Court affirmed a $304 million fee in a Southern Copper shareholder lawsuit involving $2 billion of damages. The Delaware Court of Chancery judge overseeing the Tesla case, Kathaleen McCormick, has scheduled a hearing on Oct. 13 to approve the settlement and the fee.
Persons: Tesla's, James Murdoch, Larry Ellison, Bleichmar Fonti, McCarter, Ronald King, Clark Hill, George Bauer, David Paige, Paige, Kathaleen McCormick, Tom Hals, Amy Stevens, Marguerita Choy Organizations: REUTERS, Partners, Bleichmar, Shukurov, Advisors, Southern, Thomson Locations: Oslo, Norway, Victoria, WILMINGTON , Delaware, Delaware's Court, Delaware, New York, Wilmington , Delaware, Lansing , Michigan
State law would still apply if the case is moved to federal court. The federal officer removal law protects people from state prosecution for carrying out official federal duties. It says that if a person were carrying out duties placed on them by federal law, they cannot be prosecuted for committing a state crime. Legal experts said Jones could allow the case to proceed in federal court and address immunity at a later hearing. If he determines immunity did not apply to the accused actions, the jury trial would take place in federal court, with the broader jury pool.
Persons: Mark Meadows, Al Drago, Donald Trump, Trump's, Meadows, firebrand Marjorie Taylor Greene, Joe Biden, , Jeffrey Clark, Trump, Eric Segall, Fani Willis, Willis, Georgia's, Alvin Hellerstein, Steve Jones, Josh Blackman, Jones, Tom Hals, Noeleen Walder, Amy Stevens, Stephen Coates Organizations: White, REUTERS, Fulton County Superior Court, Trump, Department of Justice, Republican, Northern District of, Georgia State College of Law, Miami . Fulton, Prosecutors, U.S, U.S . Constitution, Circuit, Appeals, District, South Texas College of Law, Thomson Locations: Washington , U.S, Fulton County, Meadows, Shafer, Northern District, Northern District of Georgia, New York, Washington, Miami ., Miami . Fulton County, Georgia, United States, U.S ., Manhattan's, Atlanta, Wilmington , Delaware
No defendants have entered a plea in the Georgia case. The federal officer removal law protects people from state prosecution for carrying out official federal duties. Legal experts said the accused acts in the Georgia case are more plausibly related to official duties than the hush money payments in the New York case. Legal experts said Jones could allow the case to proceed in federal court and address immunity at a later hearing. If he determines immunity did not apply to the accused actions, the jury trial would take place in federal court, with the broader jury pool.
Persons: Donald Trump, Ray Smith, Rudy Giuliani, Jenna Ellis, Sidney Powell, Cathy Latham, Trump's, Mark Meadows, Meadows, firebrand Marjorie Taylor Greene, Joe Biden, Jeffrey Clark, David Shafer, Trump, Eric Segall, Fani Willis, Willis, Georgia's, Alvin Hellerstein, Steve Jones, Josh Blackman, Jones, Tom Hals, Noeleen Walder, Amy Stevens, Stephen Coates Organizations: Trump, Georgia Republican, Fulton County Superior Court, of Justice, Republican, Northern District of, Georgia State College of Law, Miami . Fulton, Prosecutors, U.S, U.S . Constitution, Circuit, Appeals, District, South Texas College of Law, Thomson Locations: Georgia, Fulton County, Meadows, Shafer, Northern District, Northern District of Georgia, New York, Washington, Miami ., Miami . Fulton County, United States, U.S ., Manhattan's, Atlanta, Wilmington , Delaware
Hawaiian Electric CEO Shelee Kimura received a cash bonus in 2022 based on her performance against 10 measures including profit and customer satisfaction. Wildfire risk mitigation was not on the list, according to the utility’s pay disclosures. Wildfire risk had been a concern for several years before the blaze ripped through Lahaina, a historic resort town in Maui. Idacorp declined to comment on its pay practices and how they relate to wildfire mitigation. “You don’t want a wildfire disaster to be the catalyst for a change in public policy,” said Glazer, who supports linking executive pay to wildfire mitigation.
Persons: Mike Blake, , Alison Silverstein, Shelee Kimura, Kimura, , Michael Cerasoli, Michael Underhill, Brian Buckham, ” Buckham, Idacorp, Larry Glazer, Glazer, Tim McLaughlin, Tom Hals, Peter Henderson, Noeleen Walder, Rich Valdmanis, Marguerita Choy Organizations: Workers, REUTERS, Hawaiian Electric, U.S . Federal Energy Regulatory, Electric, Hawaii Wildfire Management Organization, San Diego Gas &, Global Renewable Energy Income Fund, Reuters, Capital Innovations, SEC, Portland General Electric Co, Boston’s Mayflower Advisors, Thomson Locations: Lahaina, Maui, Hawaii, U.S, California, Honolulu, Maui ., Idaho , Oregon, Washington, Idaho
WASHINGTON, Aug 15 (Reuters) - The indictment of Former President Donald Trump for interfering in the 2020 presidential election in Georgia will be the biggest case of prosecutor Fani Willis' career, but it will not be her first contentious prosecution. “She’s not afraid of big cases,” said Gerald Griggs, a criminal defense attorney and president of the Georgia state conference of the NAACP. Willis worked from 2001 to 2018 in the Fulton County prosecutor's office, then won election as county prosecutor in 2020, defeating her former boss, Paul Howard. Willis campaigned on building leniency programs for some low-level offenders, but also adopted a hard line on violent crime and gang activity. “Anybody that thinks they can unleash insults from a podium and that’s going to shake Fani Willis is sorely mistaken."
Persons: Donald Trump, Fani Willis, Willis, Trump, She’s, , Gerald Griggs, “ She’s, Brian Kemp, Elijah Nouvelage Georgia's, Jeffery Lamar Williams, Young, Jay Abt, ” Abt, Kamala Harris, Paul Howard, Griggs, ” Griggs, Andrew Goudsward, Tom Hals, David Bario, Alistair Bell Organizations: NAACP, Republican, Democrat, Trump, Georgia, Fulton, REUTERS, South Atlanta Magazine, Black Panther Party, Howard University, Washington , D.C, Emory University School of Law, Thomson Locations: Georgia, Fulton County, overreach, Atlanta, Georgia's, Atlanta , Georgia, U.S, Washington ,, Washington, Wilimington , Delaware
Aug 15 (Reuters) - Former U.S. President Donald Trump was indicted on Monday for his alleged efforts to illegally overturn the Georgia vote in the 2020 presidential election which put Joe Biden in the White House. After defendants in Georgia are indicted by a grand jury, they are arraigned, which is the formal reading in court of the charges. Trump will have his mugshot taken upon being taken into custody, Fulton County Sheriff Pat Labat told local media this month. A jury of 12 people from Fulton County must all agree beyond a reasonable doubt that Trump is guilty for a conviction on any count. If Trump is convicted, he would likely seek a new trial by asserting the outcome was inconsistent with evidence or contrary to the law.
Persons: Donald Trump, Joe Biden, Bail, Trump, Fulton County Sheriff Pat Labat, Fani Willis, Elijah Nouvelage, Biden, Young, Jeffery Lamar Williams, Tom Hals, Jack Queen, Noeleen Walder, Alistair Bell Organizations: Former U.S, Fulton County Sheriff, REUTERS, Republican, Thomson Locations: Former, Georgia, Fulton County, Atlanta , Georgia, U.S, Atlanta, Wilmington , Delaware, New York
The ruling sent the shares of the company's preferred stock soaring 27%. The company's common stock fell 27%. Under the approved class action settlement, AMC will provide stock worth an estimated $129 million to holders of its common stock to settle potential legal claims related to a stock conversion plan. Without the proposed settlement, common stockholders and preferred shareholders would end up owning 34.28% and 65.72% of AMC, respectively. Under the proposed settlement, common stockholders and preferred shareholders would own 37.15% and 62.85%, respectively.
Persons: Brendan McDermid, Chancellor Morgan Zurn, Zurn, Tom Hals, Deepa Babington Organizations: AMC Theatre, REUTERS, AMC Entertainment Holdings, AMC, Delaware, AMC Entertainment Holdings Inc, Chancery, Thomson Locations: New York City, U.S, WILMINGTON , Delaware, Delaware, Wilmington , Delaware
The settlement resolves a 2020 lawsuit by a retirement fund which holds Tesla stock and challenged stock options that were granted to Tesla directors starting in June 2017. A ruling is expected soon in the Musk case. The directors, including Oracle co-founder Larry Ellison, agreed to return the equivalent value of 3.1 million Tesla stock options, according to a court filing. Along with that gain in stock value, stock options awarded to the directors and to Musk rose sharply in value. Tesla had argued it used the stock options to ensure the incentives of directors were aligned with the goals of investors.
Persons: Lucy Nicholson, Tesla, Larry Ellison, Musk, coercing Tesla, Tom Hals, Nick Zieminski, David Evans Organizations: REUTERS, Elon Musk, Oracle, Police, Thomson Locations: Los Angeles , California, U.S, WILMINGTON , Delaware, Delaware, City of Detroit, Wilmington , Delaware
Disney wants Judge Margaret Schreiber in Orlando to dismiss a lawsuit filed in May by the Central Florida Tourism Oversight District, which controls development around the company's theme parks. The lawsuit seeks to void "backroom deals" favorable to Disney that the district alleges were struck with a prior district board and in violation of state law. Lawmakers also retroactively invalidated agreements that Disney reached with the prior board on the eve of it being brought under DeSantis's control. Such a ruling would allow the company to focus on its federal case, which claims DeSantis violated the company's constitutional right to free speech. "If Disney's contracts are void, nearly all of Disney's claims in the federal case disappear," the district said in a court filing.
Persons: Octavio Jones, Ron DeSantis, Margaret Schreiber, DeSantis, Disney, Lawmakers, Tom Hals, Deepa Babington Organizations: Walt Disney, REUTERS, Walt, Co, Walt Disney Co, Disney, Central, Republican, Improvement, Thomson Locations: Orlando , Florida, U.S, WILMINGTON , Delaware, Florida, Orlando, Central Florida, Wilmington , Delaware
NEW YORK, July 12 (Reuters) - An Arizona man filed a defamation lawsuit against Fox News on Wednesday, alleging the network spread a conspiracy theory that he played a key role in the violent storming of the U.S. Capitol by supporters of former U.S. President Donald Trump. This years-long campaign of disinformation, Epps claims in his suit, "destroyed" the lives of Epps and his wife. The lawsuit in Delaware state court comes as voting technology company Smartmatic is suing Fox for defamation, and several months after the company settled defamation claims brought by Dominion Voting Systems for $787.5 million. The company acknowledged the court found some Fox claims about Dominion were false. Carlson told viewers in January 2022 that Epps was a "central figure" in the attack and "helped stage-manage the insurrection," according to the lawsuit.
Persons: Donald Trump, Ray Epps, Fox, Trump, Epps, Abby Grossberg, Tucker Carlson, Carlson, Helen Coster, Jack Queen, Tom Hals, Jamie Freed Organizations: YORK, Fox News, U.S, Capitol, Trump, FBI, Dominion Voting Systems, Fox, Dominion, Fox Corp, United States Capitol, Thomson Locations: An Arizona, Delaware, Washington, New York, Wilmington , Delaware
WILMINGTON, Delaware, June 29 (Reuters) - A legal case making its way through the courts could remove the abortion pill mifepristone from the market or restrict access to the drug. George Delgado - A California palliative care specialist, Delgado helped pioneer "abortion reversal" treatments for women who change their mind after taking mifepristone. Circuit Court of Appeals as an example of the harm caused by the approval of the abortion pill. The American College of Obstetrics and Gynecologists has said abortion reversal is not supported by science and does not meet clinical standards. Foley said in his abortion pill testimony he also treats women for abortion pill reversal.
Persons: George Delgado, Delgado, mifepristone, Gynecologists, Ingrid Skop, Skop, Donna Harrison, Harrison, Tyler Johnson, Johnson, AAPLOG, Steven Foley, Foley, CMDA, Tom Hals, Rosalba O'Brien Organizations: U.S, Circuit, Appeals, American, of Obstetrics, American Association of Pro, Christian Medical, Dental, Charlotte Lozier Institute, Reuters, Indiana, Alliance, Hippocratic, Republican, FDA, Thomson Locations: WILMINGTON , Delaware, California, Texas, Florida, North Dakota, An Indiana, Indiana, Wilmington , Delaware
REUTERS/Evelyn Hockstein/File PhotoWILMINGTON, Delaware, June 29 (Reuters) - A prominent U.S. lawsuit to ban the abortion pill mifepristone has focused on the drug's safety and approval process. Skop and 10 other doctors submitted their testimony when the case began in November. She said she was harmed by the FDA expanding access to the pill because she has treated dozens of women at her hospital's emergency room with mifepristone complications. Erin Hawley, an attorney with the Alliance Defending Freedom legal organization representing the plaintiffs, said abortion sets the case apart. In the abortion pill case, the two initial court rulings found harm to Skop and other doctors was "impending" because the mifepristone label says the treatment may be unsuccessful in up 7% of women.
Persons: Evelyn Hockstein, mifepristone, Ingrid Skop, Roe, Wade, Skop, doesn’t, Leah Litman, Erin Hawley, Hawley, Matthew Kacsmaryk, Samuel Alito's, Danco, Tom Hals, Amy Stevens, Deepa Babington Organizations: Alamo Women's, REUTERS, U.S . Food, Drug Administration, Supreme, FDA, University of Michigan Law School, Alliance Defending, Alliance for Hippocratic, District, Appeals, U.S, Fifth, Amnesty International, Danco Laboratories, Thomson Locations: Carbondale , Illinois, U.S, WILMINGTON , Delaware, Texas, America, Amarillo , Texas, Amarillo, New Orleans, Louisiana, United States, Wilmington , Delaware
Companies Walt Disney Co FollowWILMINGTON, Delaware, June 27 (Reuters) - The Walt Disney Co (DIS.N) board did not act negligently when it criticized a sexual identity bill signed by Florida Governor Ron DeSantis, a Delaware judge ruled on Tuesday, in a case the judge said was improperly directed by a conservative legal group. The ruling by Lori Will of Delaware's Court of Chancery means that Disney will not have to turn over internal records including years of board members' emails sought by shareholder Kenneth Simeone, who sued Disney in December. Disney's criticism touched off a war of words with DeSantis and led to the state removing the company's control of a special administrative district that promotes development around the Walt Disney World resort. DeSantis, who is seeking the Republican presidential nomination, has used his battle against what he calls "woke Disney" to raise his national profile. Simeone, Jonna and Disney did not respond immediately to requests for comment.
Persons: Ron DeSantis, Lori Will, Kenneth Simeone, Will, Disney, Paul Jonna, Tom Hals, Jamie Freed Organizations: Walt Disney Co, Florida, Delaware's, Disney, Walt Disney, Thomas More Society, Thomson Locations: WILMINGTON , Delaware, Delaware, Wilmington , Delaware
Musk was the biggest shareholder in both companies at the time of the deal and Tesla shareholders alleged he pushed the carmaker's board into the deal to bail out the billionaire's investment in the struggling rooftop solar company. The state's highest court said that while a judge on the Delaware Court of Chancery erred in some portions of his analysis, his overall premise still supported his determination that Tesla paid a fair price for SolarCity. They also argued that Slights determined after a 10-day trial in 2021 that Musk meddled in the deal but failed to hold him liable. Shareholders wanted to force Musk to return the Tesla stock he received in the takeover, which at one point was worth $13 billion. The Delaware Supreme Court said that the Slights' ruling was not "pitch perfect" but did not have to be and noted the "total collapse" of the shareholders' theory that SolarCity was insolvent.
Persons: Elon Musk, Musk, Tesla, Randall Baron, Joseph Slights, SolarCity, Slights, Tom Hals, Mark Porter Organizations: Tesla, Delaware Supreme, Shareholders, Thomson Locations: SolarCity, Delaware, Wilmington , Delaware
May 17 (Reuters) - Federal appeals court judges appeared to express support on Wednesday for opponents of the abortion pill mifepristone to pursue their challenge to its U.S. approval, which has potentially far-reaching consequences for abortion access across the country. Circuit Court of Appeals in New Orleans to overturn last month's unprecedented ruling by U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas suspending mifepristone's approval. [1/2] A patient prepares to take Mifepristone, the first medication in a medical abortion, at Alamo Women's Clinic in Carbondale, Illinois, U.S., April 20, 2023. Circuit Judges James Ho and Wilson were appointed by Donald Trump. SAFE AND EFFECTIVEMifepristone remains available for now, following an emergency order from the U.S. Supreme Court putting Kacsmaryk's order on hold during the appeal.
[1/2] A patient prepares to take Mifepristone, the first medication in a medical abortion, at Alamo Women's Clinic in Carbondale, Illinois, U.S., April 20, 2023. REUTERS/Evelyn Hockstein/File PhotoMay 17 (Reuters) - U.S. appeals court judges began hearing arguments on Wednesday in a legal battle over the availability of the abortion pill mifepristone, with potentially far-reaching consequences for abortion access across the United States. Circuit Court of Appeals in New Orleans to overturn last month's unprecedented ruling by U.S. District Judge Matthew Kacsmaryk in Amarillo, Texas suspending mifepristone's approval. Danco Laboratories, which sells the drug under the brand name Mifeprex, is also expected to argue before the court. The emergency room doctors said they were being forced to complete surgical abortions, which was against their conscience, for women who took the pill and failed to complete a medical abortion.
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