Green Car Congress

MARCH 2, 2009

Smith Electric Vehicles US Corporation (SEV US Corp) ( earlier post ), a Delaware corporation temporarily headquartered in Overland Park, Kan., is announcing the launch of its new company in conjunction with the National Truck and Equipment Association’s (NTEA) Work Truck Show to be held at Chicago’s McCormick Place, 4-6 March.

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Green Car Congress

FEBRUARY 15, 2014

After 19 rounds of bidding, Wanxiang America Corporation (Wanxiang) has been selected as the highest and best bidder in a competitive auction for Fisker Automotive, completed on Friday. The transaction includes the acquisition of Fisker’s Wilmington, Delaware plant. Wanxiang’s winning bid is valued at approximately $149.2

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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. Why did Tesla incorporate in Delaware? It now seems he has one foot out the door.

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Texas Delaware Tesla Tax 144

Green Car Congress

NOVEMBER 9, 2012

We are also encouraged by the interest in A123’s assets from Wanxiang Group Corporation and multiple additional parties.We We are encouraged by the continued interest in A123’s assets from Johnson Controls, which has stated an interest in expanding its bid to acquire A123’s government business.

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Green Car Congress

DECEMBER 21, 2012

Neste Oil Corporation has filed a new patent infringement action against Dynamic Fuels, LLC, Syntroleum Corporation, and Tyson Foods, Inc. in the US District Court for the District of Delaware.

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Oil Louisiana Delaware Finland 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.

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Delaware Production Texas Oil 210

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.

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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.

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Ni-Li Energy Storage Li-ion Purchase 342

Green Car Congress

NOVEMBER 2, 2009

of Delaware. A consortium led by the University of Delaware won a $4.4 Murray Professor of Physics and chairperson of the Department of Physics and Astronomy at the University of Delaware, is the principal investigator on the project. Source: Univ. Click to enlarge.

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Green Car Congress

JUNE 8, 2020

Exelon Corporation today announced that its six electric and gas utilities will continue advancing transportation electrification to benefit customers and communities by taking major steps to electrify its fleet of vehicles.

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Green Car Congress

DECEMBER 18, 2013

REG) has entered into an asset purchase agreement under which it would acquire substantially all of the assets of Syntroleum Corporation, and assume substantially all of the material liabilities of Syntroleum, a Fischer-Tropsch gas-to-liquids and renewable diesel fuel technology company. Syntroleum has 101 patents issued or pending.

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Renewable Companies Energy Louisiana 268

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 145

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 a subsidiary of Chevron Corporation. billion of term loans during the 2012 fourth quarter.

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Chevron Delaware Oklahoma City Purchase 225

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. On January 31, 2013, the United States District Court for the District of Delaware granted Syntroleum’s motion to stay Neste’s lawsuit pending reexamination of the ‘344 patent by the US.

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Singapore Oil Renewable Diesel 186

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 144

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 139

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). Li-ion maker A123 Systems, Inc. Earlier post.). Earlier post , earlier post.)

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Teslarati

JUNE 13, 2024

Texas Governor Greg Abbott expressed his support to Elon Musk and Tesla after the CEO noted on X that TSLA investors are on track to ratify his 2018 CEO Performance Award and approve the electric vehicle maker’s proposed redomestication from Delaware to Texas. Welcome to a state that has neither a personal nor a corporate income tax.

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Texas Delaware Tesla 2018 145

Green Car Congress

NOVEMBER 3, 2022

Bloom Energy Corporation inaugurated its high-volume commercial electrolyzer line at the company’s Newark facility, increasing the company’s generating capacity of electrolyzers to two gigawatts. The award-winning technology is the most energy-efficient design to produce clean hydrogen to date.

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Energy Production South Korea Idaho 210

Green Car Congress

DECEMBER 22, 2012

On 20 December, Neste Oil Oyj sued Syntroleum Corporation for alleged patent infringement regarding US Patent No. Syntroleum is currently defending Neste’s suit filed 29 May 2012 on the ’344 patent in the District of Delaware. 8,212,094 on the production process for NExBTL renewable diesel. Earlier post.)

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2012 Delaware Diesel Corporation 218

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. Best to get out of Delaware as soon as possible possible. You can see just a couple of his posts below.

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Delaware Tesla Legal 2018 144

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 This acquisition strengthens ExxonMobil’s significant presence in the dominant U.S.

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Fort Worth Delaware Oil New Mexico 150

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).

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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.

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Chevron Mozambique Mexico Delaware 186

Teslarati

APRIL 18, 2024

The filing came with a letter written by Chairperson Robyn Denholm, who wrote that the Tesla Board disagreed with the Delaware Court’s ruling on Musk’s 2018 pay package. “We do not think that what the Delaware Court said is how corporate law should or does work. billion and a $2.6

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Delaware Tesla 2018 Legal 141

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 145

Green Car Congress

JULY 27, 2016

Delaware Transit Corporation, six 35' Catalyst XR buses. With more than 2.4 million miles of revenue service, Proterra has more battery-electric buses on the road today in North America than any other manufacturer. The LoNo recipients are: Santa Clara Valley (California) Transportation Authority (VTA), five 40' Catalyst XR buses.

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Grant Purchase Louisiana Delaware 150

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 140

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 142

Teslarati

MAY 5, 2024

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 Tesla and Denholm have both expressed support for the ratification of Musk’s pay package, as well as for the company’s intent to move incorporation from Delaware to Texas.

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Delaware Tesla 2018 Texas 144

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. Earlier post.). VeraSun hedged its corn purchases during the price spike in the summer of 2008 when cost per bushel had soared to nearly $8.

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South Dakota Nebraska Iowa North Dakota 150

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.

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2012 Powered Power New York 210

Green Car Congress

MARCH 6, 2017

Nissan, Mitsubishi Corporation, Mitsubishi Motors Corporation, PSA Groupe, NUVVE, Frederiksberg Forsyning, Enel, Insero and DTU (Technical University of Denmark) Electrical Engineering (PowerLabDK) are partnering in the Danish project Parker to develop a universal definition for grid integration for electric vehicles.

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Grid Universal Power Grid Mitsubishi 231

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 109

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 142

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. Pursuant to Civil L.R.

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Nevada Delaware Corporation Personal 135

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 111