Green Car Congress

DECEMBER 9, 2012

reached agreement on the terms of an asset purchase agreement with Wanxiang America Corporation through which Wanxiang would acquire substantially all of A123’s assets for $256.6 The agreement was reached following an auction conducted under the supervision of the United States Bankruptcy Court for the District of Delaware.

Ni-Li 342

Ni-Li Energy Storage Li-ion Purchase 342

Teslarati

FEBRUARY 1, 2024

Following the rescindment of CEO Elon Musk’s pay package, Tesla is considering moving its incorporation status from Delaware to Texas, and it is just one step away from doing so. Based on the vote on X, it will be voted by Tesla shareholders that the company should move to Texas. Why did Tesla incorporate in Delaware?

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Texas Delaware Tesla Tax 144

Green Car Congress

OCTOBER 17, 2012

Satcon Technology Corporation, a leading provider of utility-scale power conversion solutions for the renewable energy market, and its subsidiaries have filed voluntary petitions under Chapter 11 of the United States Bankruptcy Code. The petitions were filed in the US Bankruptcy Court for the District of Delaware.

Delaware 218

Delaware United States Conversion Corporation 218

Green Car Congress

JULY 23, 2018

GTI (Gas Technology Institue) is leading a high-profile program on Hydraulic Fracturing Test Sites (HFTS) in the Permian Basin, bringing together government and industry to improve recovery, continue enhancing environmentally responsible methods of optimizing production, and lowering costs in the Midland and Delaware Basins.

Delaware 210

Delaware Production Texas Oil 210

Green Car Congress

SEPTEMBER 13, 2012

Chesapeake Energy Corporation entered into multiple agreements to sell the vast majority of its Permian properties, substantially all of its midstream assets and certain noncore leasehold for total net cash proceeds of approximately $6.9 The company will use a portion of the proceeds from these asset sales to fully repay its $4.0

Chevron 225

Chevron Delaware Oklahoma City Purchase 225

Teslarati

FEBRUARY 20, 2025

Delaware’s corporate grip seems to be slipping. ” The “Dexit” Exodus: Meta, Dropbox, Pershing Square, Trade Desk, Fidelity National Financial, and Sonoma Pharmaceuticals have drafted up plans to potentially exit Delaware and incorporate somewhere else, as noted in a Yahoo Finance report. .”

Corporation 74

Corporation Delaware Nevada Texas 74

Green Car Congress

FEBRUARY 10, 2013

Syntroleum Corporation filed suit against Neste Oil Singapore Pte Ltd with the High Court of Singapore asserting Syntroleum’s Singapore Patent No. The two companies have been wrangling since last year. 172,045 entitled “Even Carbon Number Paraffin Composition And Method of Manufacturing Same.”

Singapore 186

Singapore Oil Renewable Diesel 186

Green Car Congress

NOVEMBER 6, 2012

announced that the United States Bankruptcy Court for the District of Delaware (the "Court") has granted A123 interim approval to use $50 million of Debtor-in-Possession (DIP) financing, which is being provided by Wanxiang Group Corporation (Wanxiang). He suggested that what the company calls its “stalking horse”—i.e.,

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Financing Fisker Sale Delaware 225

Teslarati

JANUARY 31, 2025

Meta, the parent company of social media giants like Facebook and Instagram, is reportedly exploring options to change its legal home from Delaware to Texas. The company is also looking at other states for this legal shift, the WSJ reported. ALERT: Meta is preparing to Leave Delaware and incorporate in another state!

Delaware 66

Delaware Nevada Texas Legal 66

Green Car Congress

JULY 3, 2014

To date, the DOI’s Bureau of Ocean Energy Management (BOEM) has awarded five commercial wind energy leases off the Atlantic coast: two non-competitive leases (Cape Wind in Nantucket Sound off Massachusetts and an area off Delaware) and three competitive leases (two offshore Massachusetts-Rhode Island and another offshore Virginia).

Maryland 210

Maryland Wind Rhode Island Energy 210

Green Car Congress

APRIL 15, 2019

Chevron Corporation entered into a definitive agreement with Anadarko Petroleum Corporation to acquire all of the outstanding shares of Anadarko in a stock and cash transaction valued at $33 billion, or $65 per share. Upon closing, the Company will continue be led by Michael Wirth as Chairman and CEO.

Chevron 186

Chevron Mozambique Mexico Delaware 186

Green Car Congress

JANUARY 18, 2017

Exxon Mobil Corporation will more than double its Permian Basin resource to 6 billion barrels of oil equivalent through the acquisition of companies owned by the Bass family of Fort Worth, Texas, with an estimated resource of 3.4 The companies also hold producing acreage in other areas in the United States. —Darren W.

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Fort Worth Delaware Oil New Mexico 150

Teslarati

MARCH 11, 2025

. “That counterintuitive result defies settled principles of Delaware law, sound corporate governance, and common sense,” said the opening appeal brief. She said the $56 billion compensation plan was unfair to Tesla shareholders because the company’s directors at the time were “beholden” to Musk.

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Delaware Tesla 2018 Corporation 102

Teslarati

DECEMBER 3, 2024

Tesla CEO Elon Musk will get his $56 billion pay package from the company “one way or another” after Delaware Chancery Court Chancellor Kathaleen McCormick denied the massive compensation for a second time on Monday night. ” Shares are down just over two percent at 12:30 p.m. on the East Coast. on the East Coast.

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Delaware Tesla Legal Texas 132

Teslarati

MAY 5, 2024

One of Tesla’s largest individual shareholders has spoken out against CEO Elon Musk and his stake in the company, as investors vote on the CEO’s recently rejected 2018 pay package. After a Delaware judge ruled in favor of a shareholder in a lawsuit in January, officially voiding Musk’s 2018 compensation package worth $55.8

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Delaware Tesla 2018 Texas 144

Green Car Congress

NOVEMBER 20, 2011

Beacon Power Corporation reached an agreement with the US Department of Energy’s Loan Programs Office (LPO) at a second Delaware court hearing on 18 November in its Chapter 11 bankruptcy proceeding. We will now focus on attracting new capital to reorganize our company. —Bill Capp, Beacon Power President and CEO.

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2012 Powered Power New York 210

Teslarati

MAY 12, 2024

Tesla investors currently have the chance to vote on a number of proposals for the company’s upcoming shareholder’s meeting, with CEO Elon Musk’s 2018 pay package hanging in the balance after it was struck down by a Delaware judge. ” What are your thoughts?

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2018 Delaware Tesla Legal 140

Green Car Congress

FEBRUARY 7, 2009

VeraSun and 24 of its subsidiaries filed petitions for relief under chapter 11 of the US Bankruptcy Code in the US Bankruptcy Court in Wilmington, Delaware on 31 October 2008. The collapse of corn pricing left the company stuck with contracts at the much higher price. Earlier post.). Don Endres, VeraSun CEO.

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South Dakota Nebraska Iowa North Dakota 150

The Truth About Cars

JUNE 14, 2024

Tesla CEO Elon Musk recently got an even bigger chunk of the company as shareholders approved his controversial pay package, which will make him one of the highest-paid corporate leaders in history. The distractions from Delaware, violating shareholder rights and canceling arms length contracts, is over. Goodbye, Delaware.

Delaware 105

Delaware Texas Corporation Buy 105

Green Car Congress

MAY 28, 2009

Global automotive supplier Visteon Corporation and certain of its US subsidiaries voluntarily filed petitions for relief under Chapter 11 of the US Bankruptcy Code. The petitions were filed in the US Bankruptcy Court for the District of Delaware. Visteon is taking this step to maximize the long-term value of the company.

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United States Delaware Legal Financing 150

Green Car Congress

APRIL 30, 2019

Brought jointly by LGCMI, the US-subsidiary, and its parent corporation, the suits were filed concurrently with the United States International. Trade Commission and the United States District Court of Delaware. An internal audit of company communications and other data revealed that. SK Innovation, the company charged.

Li-ion 220

Li-ion Lithium Ion Charging Delaware 220

Teslarati

APRIL 10, 2023

is a privately held corporation. Its parent corporation is X Holdings Corp. No publicly traded corporation owns 10% or more of the stock of X Corp. The documents hint that Twitter is now a Nevada-based company rather than a company based in Delaware. or X Holdings Corp. Pursuant to Civil L.R.

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Nevada Delaware Corporation Personal 132

Teslarati

JANUARY 31, 2024

Former 2024 Presidential Candidate Vivek Ramaswamy has commented on the situation involving Elon Musk and his pay package that was rescinded by a Judge in Delaware. ” The Delaware Supreme Court can appeal the decision from Judge McCormick. Ramaswamy called the decision “a threat to the future of capitalism.”

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Delaware Tesla Future Texas 114

Teslarati

FEBRUARY 5, 2024

Thousands of retail Tesla ( NASDAQ:TSLA ) investors have banded together to express their support of CEO Elon Musk’s and his 2018 compensation plan, which was rescinded by a Delaware judge last week. The group also expressed their support to the idea of Tesla moving its state of incorporation from Delaware to Texas.

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Delaware Tesla 2018 Texas 140

Teslarati

FEBRUARY 8, 2024

The biggest winners in the case against Tesla CEO Elon Musk and his pay package that was thrown out by a Delaware Chancery Court Judge will be the lawyers who tried and won the case. The Financial Times article states that judges awarded $267 million to lawyers representing shareholders who settled with Dell Technologies for $1 billion.

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Delaware Tesla Tax Corporation 110

Teslarati

APRIL 17, 2024

The document included details about the electric vehicle maker’s 2024 annual meeting of stockholders, updates regarding the company’s plans for CEO Elon Musk’s 2018 pay package, as well as an initiative to move Tesla’s state of corporation from Delaware to Texas.

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Texas 2018 Delaware Tesla 113

Teslarati

MARCH 2, 2024

Elon Musk has responded to lawyers in the recent Delaware case regarding his Tesla compensation package, after the attorneys this week requested legal awards of 29 million Tesla shares — worth almost $6 billion. billion at the company’s current valuation (via Bloomberg ). Best to get out of Delaware as soon as possible possible.

Delaware 110

Delaware Tesla Legal 2018 110

Green Car Congress

JULY 17, 2020

University of Delaware. Enovix Corporation. Exelon Corporation. Westinghouse Air Brake Technologies Corporation (Wabtec Corporation). Ford Motor Company. West Virginia University Research Corporation. The Research Foundation for The SUNY Stony Brook University. University of Maryland.

Lithium Ion 236

Lithium Ion Vehicles Li-ion Universal 236

Green Car Congress

SEPTEMBER 9, 2016

Apache Corporation has confirmed the discovery of a significant new resource play—the “Alpine High”—in the southern portion of the Delaware Basin, primarily in Reeves County, Texas.

Oil 150

Oil Texas Gas Delaware 150

Green Car Congress

JUNE 2, 2017

have entered into a definitive business combination agreement (BCA) to come together under a new holding company through an all-stock merger-of-equals transaction. The proposed merger brings together two leading companies in the global industrial gas industry, leveraging the proven strengths of each. Linde AG and Praxair, Inc.

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Global Industrial Industry Gas 150

Teslarati

JANUARY 15, 2025

A spokesperson for Stichting Pensioenfonds ABP said to Bloomberg that “We had a problem” with Musk’s pay package, which is still in limbo after it was ruled to be unreasonable by Delaware Chancery Court Judge Kathaleen McCormick.

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Delaware Tesla Legal Europe 107

Teslarati

AUGUST 2, 2024

Elon Musk’s attorneys are in Delaware today, pleading with Judge Kathaleen McCormick to vacate her decision to invalidate the Tesla CEO’s $56 billion pay package that was ratified by shareholders this past June. Now, attorneys are in Delaware attempting to get Musk paid by bringing up the second ratification to Judge McCormick.

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Delaware Tesla Detroit Corporation 80

Teslarati

MAY 29, 2024

More importantly, Denholm noted that Delaware is simply no longer the right jurisdiction for Tesla, and that the company has been studying a move out of Delaware for some time. Over the last several years it has become clear that Delaware is no longer the right jurisdiction for us. But today, I want to talk about Texas.

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Texas Delaware Tesla Legal 104

Teslarati

JULY 15, 2021

A Form 4 is the necessary paperwork needed for “an insider” with a company to execute a transaction. The purpose is to make the public aware of the “insider’s various transactions in company securities, including the amount purchased or sold and the price per share,” the SEC writes.

India 125

India Delaware Tesla Legal 125

Green Car Congress

DECEMBER 20, 2013

In 2012, nearly 80% of total investment in the global fuel cell industry was made in US companies. In the stationary market, Bloom Energy announced that it was doubling the number of Bloom Energy Server installations and company revenue every six months. 2012 Fuel Cell Technologies Market Report.

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Hydrogen Market Fuel 2012 284

Baua Electric

JULY 13, 2023

Corporate executives mentioned it might additionally lift $500 million in the future via present credit score and mortgage guarantees. The corporate confronted delisting from Nasdaq as a result of its accumulation used to be buying and selling beneath $1. However the proportion worth has recovered to related at $1.38

Delaware 52

Delaware Financing Hydrogen Gasoline-Electric 52

Green Car Congress

JULY 27, 2018

Under the terms of the agreement, BP America Production Company will acquire from BHP Billiton Petroleum (North America) Inc. 100% of the issued share capital of Petrohawk Energy Corporation—the wholly-owned subsidiary of BHP which holds the assets—for a total consideration of $10.5

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Oil Gas Alaska Delaware 150