@annmlipton@esq.social avatar

annmlipton

@annmlipton@esq.social

Law prof at Tulane, business and securities. Profile pic for the job you want, ... etc

@annmlipton.bsky.social

You can find my papers here: https://papers.ssrn.com/sol3/cf_dev/AbsByAuth.cfm?per_id=2365170

I also blog regularly at https://lawprofessors.typepad.com/business_law/

This profile is from a federated server and may be incomplete. Browse more on the original instance.

annmlipton, to random
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As a person who just flies, it's absolutely impossible for me to tell how much of this is a shift from the past versus increased reporting now that Boeing's in the spotlight

https://www.reuters.com/world/asia-pacific/24-injured-after-technical-problem-latam-sydney-auckland-flight-nz-herald-2024-03-11/

annmlipton, to random
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Seriously, what if anything has been written about how the platform gig worker identities are clearly being shared among multiple people?

annmlipton, to random
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BlackRock's gonna poll the electorate:
https://www.ft.com/content/3f0f26bf-cb33-4fd4-a1dd-4104cd294b17

annmlipton, to random
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Okay it'll take me a while to get thru VC Laster's nearly 200 page Columbia Pipeline opinion, but I'll highlight here that in a prior appraisal action, the court found that the deal price was equal to fair value. Now, in the fiduciary action -
https://courts.delaware.gov/Opinions/Download.aspx?id=349400

annmlipton, to random
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So here's the thing about the Tesla requests for shareholders to re-approve Musk's comp package, and approve the move to Texas.

annmlipton, to random
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It's bizarre reading about the oral argument. The court's upset that Uber wasn't more clear about the contractual terms, but Uber argues - correctly - no one would read them no matter what Uber did. That's kinda the point. As lots of contracts scholars have written -

https://news.bloomberglaw.com/us-law-week/ubers-consumer-contract-faces-hostile-massachusetts-high-court

annmlipton, to random
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I am making power points for a presentation I need to deliver next week.

For most people, that's no big deal. But if you've ever seen me present, you know that I don't use power points. I'm only making the attempt now under duress.

It is excruciating.

annmlipton, to random
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So I find VC Zurn's rationale for rejecting the AMC settlement fascinating:
https://courts.delaware.gov/Opinions/Download.aspx?id=350440

annmlipton, to random
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And here we go - Tesla seeks to reincorporate in Texas, and for ratification of the 2018 pay package (teeing up a waste challenge)
https://www.sec.gov/ix?doc=/Archives/edgar/data/0001318605/000110465924048040/tm2326076d13_pre14a.htm

annmlipton, to random
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I gotta be honest with you, I'm kind of uncomfortable with the metaphor VC Glasscock uses to open his opinion denying mootness fees to the losing pltfs in Oracle:

https://courts.delaware.gov/Opinions/Download.aspx?id=359770

annmlipton, to random
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"Agents say another common technique for restricting unprofitable growth is insisting on hard-to-locate paperwork upfront. Proof that the plumbing’s been updated, say, or documentation of work done on the roof. 'It’s a way to say, we don’t want the business,'"

https://www.wsj.com/business/insurance-home-auto-rate-increases-climate-change-03b806f3

annmlipton, to random
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Article on the proposed changes to Delaware law:

https://www.ft.com/content/e37967a5-7745-4d7c-89f1-8f3ba6d534d1

annmlipton, to random
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jfc

https://www.nbcnews.com/nbc-out/out-news/best-buy-offers-screen-lgbtq-nonprofit-donations-conservative-pressure-rcna145603

annmlipton, to random
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"journalist-friendly" - definitely the first thing I think of when it comes to Elon Musk

annmlipton, to random
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"'We live in a world in which people are afraid to speak the truth,' Mr. Ackman said. 'I’ve gotten calls from some of the most prominent people in the world who say, "I wish I could say what you’re saying."'"

The lurkers support him in email.

https://www.nytimes.com/2024/03/24/business/bill-ackman.html

annmlipton, to random
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hoo boy
"The U.S. Chamber [says]... mandatory disclosure [of stock buybacks] 'not only risk the public airing of important managerial decisions but also compel speech in violation of the First Amendment,'"
https://www.law360.com/securities/articles/1607431

annmlipton, to random
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As the ghosts of Twitter v. Musk continue to haunt us, in one of the follow-on private securities cases, Baker v. Twitter, the court agreed that the pltf had in fact alleged some false statements, but dismissed the case on loss causation grounds.

annmlipton, to random
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They're gonna use things like the CROWN Act to say hair styling is expressive

https://www.9and10news.com/2023/07/11/traverse-city-hair-salon-no-longer-servicing-lgbtq-members/

annmlipton, to random
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Elon Musk just keeps giving me hypotheticals for the BizOrgs final:

"Some Tesla board members over the years have talked among themselves about their concerns over Musk’s alleged drug use but haven’t said anything formally that would end up as an official board agenda item or in meeting minutes,"

https://www.wsj.com/business/elon-musk-illegal-drugs-e826a9e1

annmlipton, to random
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Last night's storm took out my internet (I assume the same storm that hit Houston earlier in the day) and now I'm sitting at my computer reading previously downloaded files and staring forlornly at web pages that won't load.

annmlipton, to random
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Well, this is new:

https://news.bloomberglaw.com/securities-law/sec-sues-elon-musk-over-refusal-to-testify-in-twitter-probe

annmlipton, to random
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Okay I'm not really liveblogging my read but this is actually my favorite line so far:

annmlipton, to random
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ngl i laughed out loud:

https://www.nytimes.com/2023/09/07/magazine/ben-sasse-university-florida.html

annmlipton, to random
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"Even home showings have become a politically sensitive issue. He recalled showing an elderly woman one property where there were Confederate flags at the gate and swastikas on the fish tank."

https://www.nbcnews.com/politics/economics/leaving-florida-rcna142316

annmlipton, to random
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was waiting for this opinion re: whether directors owe duties to "diversified" shareholders.

awesome opening, correct as to doctrine, but there's a lot of tension in the doctrine

https://courts.delaware.gov/Opinions/Download.aspx?id=363410

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