Ellen Bardash

The notices of appeal were filed a month after Vice Chancellor Bonnie W. David dismissed the litigation from the Court of Chancery, ruling that a forum selection clause in Tesla's current bylaws make Texas, not Delaware, the proper forum for derivative litigation.

The court anticipates the multi-year revision project will be completed later in 2026, with the final tranche of rules now under review.

The court overruled the defense's objections to the fee's reasonableness. Those objections were in part related to the contingency agreement the Gray companies entered into with Gibson Dunn, which would have set out a fee of 15% of the $296 million verdict, or more than $44 million.

If Chancellor Kathaleen St. J. McCormick approves the settlement, a stipulation of which was filed with the court on Thursday, it could bring more than four years of litigation to a close.

The proposed settlement would close more than four years of litigation. 3 minute read May 22, 2026 at 02:30 PM

The amount is the first post-trial win for AstraZeneca subsidiary Alexion but is a fraction of the indemnification the company had been seeking for its counterclaims, which involve Syntimmune's liability for the manufacturing of a monoclonal antibody drug.

In a 40-page memorandum opinion, Vice Chancellor J. Travis Laster wrote that Vince McMahon and WWE's senior officers "acted recklessly—at a minimum—in allowing the spoliation to occur."

DLA Piper is representing Thompson, who alleges World Mobile has continued to use his name, image and likeness despite terminating the agreement, which compensated Thompson in World Mobile's cryptocurrency token, WMTx.

Attorneys are using the predictive functions of AI to corroborate or identify potential holes in their thinking about litigation strategy.

In addition to addressing questions raised by U.S. District Judge Sparkle L. Sooknanan, this week's filings proposed revising the agreement to align it with a recent SEC rule change.