Jennifer Kay

The ex-CEO of Twitter Inc., now known as X Corp., and other former top executives of the company—all ousted when Elon Musk took over the social media platform last year—sued in the Delaware Court of Chancery to recover over $1.6 million in legal fees arising from shareholder lawsuits and government investigations. The court’s chief judge will consider this week whether some of those fees and expenses are as “unreasonable” as Musk’s company claims.

The Delaware Court of Chancery faces the same quandary as historians trying to learn more about the golden age of Atlantic piracy, an attorney for an undersea explorer said Monday during closing arguments in a lawsuit over the management of an 18th-century shipwreck.

Elon Musk and Tesla Inc. could come face-to-face this week in the Delaware Court of Chancery with a shareholder who objects to a settlement worth up to $919 million to resolve claims brought by a Detroit pension fund alleging the electric vehicle maker’s board members overpaid themselves from 2017 to 2020.

An increasing number of claims from investors seeking accountability from company boards and executives is giving the Delaware Court of Chancery the opportunity to address some “gray areas” in corporate law, the court’s chief judge said.

Attorneys for Tesla Inc. asked a Delaware judge to substantially slash the legal fees sought by lawyers representing investors in a proposed $919 million settlement over board pay at the electric-vehicle maker.

Insiders of cryptocurrency exchange Coinbase Global Inc. and dating app Bumble Inc.—including billionaire venture capitalist Marc Andreessen and Blackstone Inc., respectively—will argue this week for an end to separate lawsuits claiming they manipulated stock offerings. Here are some highlights from the court’s calendar for the upcoming week:

Bumble Inc. founder Whitney Wolfe Herd and her backers at Blackstone Inc. must face claims of insider trading from investors, a Delaware judge has ruled.

A dispute over refinancing at trampoline parks shuttered during pandemic-era shutdowns bounces into the Delaware Court of Chancery this week.

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Contract language concerning deductions involved in flipping a Gucci flagship store clearly shows why an investor lost out on an extra $3 million payment, an attorney for real estate investment firm Festival Cos. argued Wednesday before the Delaware Supreme Court.