Ann Lipton

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

Public Key

npub1n6wlxjpns8med6t3cnk7nnaycsyup0uw48n8t0y4tmmvuu65ngusllulfl

NIP-05 Address

annmlipton_at_esq.social@mostr.pub

Profile Code

nprofile1qqsfa80nfqecrauka9cufm0fe7jvgzwqh782nen4hj24aakwwd2f5wg6vtju2

Author Public Key

npub1n6wlxjpns8med6t3cnk7nnaycsyup0uw48n8t0y4tmmvuu65ngusllulfl

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Last Notes

2024-09-17 21:31:09

Express Scripts is suing the FTC for issuing a ... report that it doesn't like? Are you shitting me?
https://www.evernorth.com/sites/default/files/2024-09/express-scripts-legal-complaint.pdf
https://sb-esq-social.b-cdn.net/media_attachments/files/113/155/024/731/523/589/original/4c91a2643552d87c.png
https://sb-esq-social.b-cdn.net/media_attachments/files/113/155/025/224/873/770/original/c5b9e553021d6f0b.png

2024-09-16 07:24:39

My civ pro is rusty but I'm pretty sure this isn't going to work
https://www.law360.com/securities/articles/1879087

2024-09-13 22:31:59

This is actually a great story of short term thinking; increasing margins immediately using strategies that were very damaging long term for the brand
https://www.bloomberg.com/news/features/2024-09-13/nike-nke-stock-upheaval-defines-ceo-john-donahoe-s-tenure?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTcyNjI0OTg3NSwiZXhwIjoxNzI2ODU0Njc1LCJhcnRpY2xlSWQiOiJTSlJEU1NEV1JHRzAwMCIsImJjb25uZWN0SWQiOiJBMUY5NDA1ODI2OUU0NkJDOTY1MjdCM0VEODE3MERBRSJ9.T2GWneldrt71yrqU3avwlP6z50OTFOFlll8nFph788o&sref=shF7q0yt

2024-09-13 16:44:07

This week's blog post is really just a plug for my new podcast with Mike Levin. And my shareholder primacy meme.
https://lawprofessors.typepad.com/business_law/2024/09/what-the-world-needs-is-a-new-podcast-amirite.html

2024-09-11 17:59:49

My favorite texts to receive.
https://sb-esq-social.b-cdn.net/media_attachments/files/113/120/220/810/922/353/original/d368c8cc29651f99.jpg

2024-09-11 17:11:30

What the world needs is a new podcast, amirite?
So Michael Levin - an activist investor and finance guy - and I created one, called Shareholder Primacy. First episode's now up; my half of the convo involves the current status of the Tesla pay dispute, so probably not a whole lot new there for my regular followers here, but we'll expand as we go.
Mike, though, has stuff to say about universal proxies that may be new :-)
https://podcasts.apple.com/us/podcast/updates-from-tesla-and-universal-proxies-in-2024/id1766349471?i=1000669142808

2024-09-10 15:07:11

So Penzey's Spice company now has a website tab "About Republicans," which is ... an unflattering assessment of Republicans:
https://www.penzeys.com/shop/about-republicans/
And it's impossible not to think of this from a corpgov perspective.

2024-09-10 03:07:19

Fun fact: After Hurricane Ida in 2021, Tulane Law started building hurricane makeup days into the schedule, to account for this kind of thing
https://sb-esq-social.b-cdn.net/media_attachments/files/113/111/048/816/624/889/original/a1434e494399a302.png

2024-09-09 07:46:15

Businesses are not prepared for the level of political interference that is coming their way in terms of how they manage operations, advertise, target consumers, etc
https://www.ft.com/content/0b38aaed-ec58-40cd-9047-0c7b7b83164a
https://sb-esq-social.b-cdn.net/media_attachments/files/113/106/481/693/778/337/original/42f964cdaab754d3.png
https://sb-esq-social.b-cdn.net/media_attachments/files/113/106/482/672/026/345/original/7ebef1f445efda80.png

2024-09-08 23:37:41

I'm reading this expose on Chapek's tenure at Disney and ... this is so baffling? He didn't ... know the numbers? Didn't ask precisely what they were?
https://www.nytimes.com/2024/09/08/business/media/disney-bob-iger-chapek.html
https://sb-esq-social.b-cdn.net/media_attachments/files/113/104/561/555/964/940/original/177be7ad5bf3b3a7.png
https://sb-esq-social.b-cdn.net/media_attachments/files/113/104/562/158/874/203/original/d6db87abde64ce8f.png

2024-09-07 11:11:27

Blogged about Elon Musk, Twitter, Starlink, and corporate separateness:
https://lawprofessors.typepad.com/business_law/2024/09/in-which-elon-musk-once-again-becomes-a-classroom-hypothetical.html

2024-09-06 13:18:37

he is literally buying Paramount for his son
https://variety.com/2024/tv/news/larry-ellison-own-control-paramount-skydance-deal-filing-1236132167/

2024-09-06 10:13:55

blearg
Wordle 1,175 X/6*
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2024-09-06 09:54:24

So this is interesting. Court refuses to dismiss 10b claims against Coinbase for concealing the risk that customers' assets would be treated as part of the estate in the event of bankruptcy
https://www.law360.com/securities/articles/1877024

2024-09-05 18:02:19

That sound you hear is the furious typing of the Harris campaign's ad writers.... and the forehead slapping of GOP strategists
https://www.reuters.com/legal/texas-sues-block-biden-rule-protecting-privacy-women-who-get-abortions-2024-09-05/

2024-09-04 22:02:58

So naturally, the Teamsters can't decide whether to endorse Trump - backed by Musk, who praised Musk's policies - or Harris
https://cwa-union.org/news/releases/birds-feather-audubon-joins-elon-musk-challenging-constitutionality-labor-law-after

2024-09-04 19:53:27

America.
https://www.reuters.com/world/us/georgia-officers-respond-reports-shooting-high-school-2024-09-04/
https://sb-esq-social.b-cdn.net/media_attachments/files/113/081/031/435/258/274/original/4b0fe59b50adbb35.jpg

2024-09-04 19:23:26

this quote will be added to complaints against tesla for commingling business interests, mark my words
https://www.wsj.com/business/telecom/spacex-brazil-elon-musk-supreme-court-2acb87e3?st=zc20tuhezjped08
https://sb-esq-social.b-cdn.net/media_attachments/files/113/080/913/434/652/609/original/d160090f96d8acfe.png

2024-09-04 18:52:53

can't even call it x, smdh
https://www.justice.gov/d9/2024-09/exhibits_10a_and_10b.pdf
https://sb-esq-social.b-cdn.net/media_attachments/files/113/080/792/630/941/656/original/b6ab51bd9ed9d96f.png

2024-09-04 00:13:01

this tweet did not end where i expected
https://sb-esq-social.b-cdn.net/media_attachments/files/113/076/388/589/698/741/original/29635b8495793569.png

2024-09-03 20:45:12

teaching walkovszky v. carlton this year will be a trip
https://www.bloomberg.com/news/articles/2024-09-03/nyc-risks-taxi-uber-meltdown-as-biggest-insurer-faces-huge-losses

2024-09-03 15:27:10

i'm no political strategist but if i were a dem i'd be including this in campaign ads
https://www.axios.com/2024/09/03/private-equity-pac-republicans-democrats

2024-09-03 14:55:08

I don't know if this is a usual thing for corporations in receivership, but I am amused that the Jack Wills company changed its name to Wack Jills for the purpose of an assignment for the benefit of creditors proceeding:
https://courts.delaware.gov/Opinions/Download.aspx?id=368790

2024-09-02 16:35:33

every one of the execs he's consulting will have a proposal that the govt could save billions if only they contracted the function out to a private vendor
https://www.washingtonpost.com/business/2024/09/02/trump-elon-musk-commission-doge/

2024-09-02 08:06:28

https://www.ft.com/content/52dcc64f-aae5-4d4b-907a-a25c1d5882db
https://sb-esq-social.b-cdn.net/media_attachments/files/113/066/925/909/913/919/original/e3f4a029a71d1b67.png
https://sb-esq-social.b-cdn.net/media_attachments/files/113/066/926/679/132/035/original/7824b47015780a66.png
https://sb-esq-social.b-cdn.net/media_attachments/files/113/066/928/431/506/513/original/af8a7cce5396eb59.png

2024-09-01 08:37:17

Look, I don't know if this will work but it's great if it does; also gives a boost to efforts to beef up the SEC's human capital disclosures:
https://www.ft.com/content/c5c72493-4d32-4d65-b49e-1df7b49a14a3
https://sb-esq-social.b-cdn.net/media_attachments/files/113/061/388/226/815/536/original/299427e493c0afd1.png

2024-08-31 10:34:53

Isn't it romantic?
"Tinder, Hinge, Bumble and Grindr said they are building or testing AI tools and chatbot assistants to do everything from generate icebreakers and building profiles to providing feedback on user flirting."
https://www.ft.com/content/7df96597-8761-4315-8ac5-0d287c455de4

2024-08-30 21:36:03

- reply

I'm referring by the way to reports like these:
https://www.cnbc.com/2024/08/29/elon-musk-brazil-judge-x-ban-starlink-freeze.html
https://sb-esq-social.b-cdn.net/media_attachments/files/113/053/122/982/940/745/original/d54711c95b1018d4.png

2024-08-30 21:28:31

I want to point out that Justice de Moraes is treating SpaceX assets as indistinguishable from Twitter assets. If this were America you'd have to jump through hoops to draw that conclusion and you probably couldn't in the end. But it seems ... broadly correct.
(adds hypo to veil piercing/enterprise liability section of syllabus)
(we can also talk about why it's an appearance problem, if not a technical one, that Reed O'Connor's Tesla stock doesn't disqualify him from adjudicating X matters)

2024-08-30 19:31:29

New blog post about what happens if we lose 14a-8:
https://lawprofessors.typepad.com/business_law/2024/08/14a-8-alternatives.html

2024-08-30 12:36:39

"sold at a premium price"
https://www.law360.com/corporate/articles/1874562
https://sb-esq-social.b-cdn.net/media_attachments/files/113/050/992/032/885/833/original/6c494a8330792fd7.png
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https://sb-esq-social.b-cdn.net/media_attachments/files/113/050/999/864/959/158/original/9857c8fb4390c33c.png

2024-08-30 09:37:02

boo
Wordle 1,168 X/6*
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2024-08-28 11:55:12

I feel like this is a stupid question but what relationship with Brown do these Republican AGs have, exactly? They vaguely mention state pension funds holding Brown debt; is that true? What other business do the state instrumentalities have with Brown?
https://www.bloomberg.com/news/articles/2024-08-26/brown-gets-warning-from-24-state-ags-on-israel-divestment-vote

2024-08-27 16:23:43

We have now found at least one scenario involving a statutory violation where the Court of Chancery will not permit ratification under Section 205:
https://courts.delaware.gov/Opinions/Download.aspx?id=368660
https://sb-esq-social.b-cdn.net/media_attachments/files/113/034/908/272/099/304/original/c3c06c0926342bbb.png

2024-08-26 11:52:34

We've had "suing in Texas federal court to overturn a regulatory rule" and "suing in Texas federal court to dissolve an agency" so it's only natural to get "suing in Texas federal court to prevent regulators from investigating"
https://news.bloomberglaw.com/litigation/private-equity-firm-broadstreet-sues-to-stop-sec-investigation

2024-08-24 23:23:52

"the neighbors complained. The parrots shrieked and squawked, they said. The parrots shouted human words, but not clearly enough for the neighbors to follow their conversations"
Rude.
https://www.nytimes.com/2024/08/22/nyregion/nyc-parrots-apartment-court.html

2024-08-20 09:54:19

https://www.wsj.com/articles/elon-musks-twitter-takeover-is-now-the-worst-buyout-for-banks-since-the-financial-crisis-3f4272cb
https://sb-esq-social.b-cdn.net/media_attachments/files/112/993/740/635/666/987/original/3a2aa22b42f88dc0.jpg
https://sb-esq-social.b-cdn.net/media_attachments/files/112/993/740/945/558/881/original/cdc1f91e4835274f.jpg

2024-08-19 07:40:03

In this history of the universe there has never been anything as predictable as the last line of this excerpt:
https://www.ft.com/content/eae4b603-e4c0-429c-94c3-5fb8fa034eb3
https://sb-esq-social.b-cdn.net/media_attachments/files/112/987/549/979/872/936/original/35a8b3866e7d3bb2.png

2024-08-16 16:46:59

Understandably omitted from this article (since law profs aren't the target audience), is the entity is Scottish, so the claims are brought under Scots law - except for a claim of A&A for breach of fiduciary duty, which is alleged under New York law! ...Interesting!
https://www.axios.com/2024/08/16/fanduel-founders-sue-private-equity-firms-fraud
https://sb-esq-social.b-cdn.net/media_attachments/files/112/972/714/214/127/285/original/a7235b7a79e588e1.png

2024-08-16 16:06:36

I blogged about NVIDIA, one of the two PSLRA pleading cases pending before the Supreme Court:
https://lawprofessors.typepad.com/business_law/2024/08/nvidia.html

2024-08-15 23:52:46

hello, i've been warning about this forever, as barrier to Texas seriously competing w/ Delaware for charters. There is a risk of a politically-motivated attempt to revoke charters of companies that Ken Paxton objects to. Imagine if Disney or Target had been Texas companies
https://www.law360.com/articles/1870336

2024-08-15 23:25:48

Reading the transcript of the oral argument about the effect of the ratification vote on Musk's pay package, and laughed out loud:
https://sb-esq-social.b-cdn.net/media_attachments/files/112/968/619/688/080/018/original/b6e96643e528cb3c.png

2024-08-15 20:48:51

At what point do the incredulous headlines, not to mention the constant repetition of the horrible story, cost the company more in customer goodwill than just settling the case?
https://www.washingtonpost.com/nation/2024/08/15/disney-death-terms-of-service-florida/

2024-08-15 03:46:54

"The suit was filed by Attanasio’s next-door neighbor James Kohlberg, son of Jerome Kohlberg, who founded the global investment company Kohlberg Kravis Roberts & Co."
https://www.latimes.com/california/story/2024-08-13/billionaire-accused-of-stealing-sand-from-malibus-broad-beach-lawsuit-says
https://sb-esq-social.b-cdn.net/media_attachments/files/112/964/040/357/646/190/original/83f75c0f182ad72f.png

2024-08-14 19:26:18

Dell atty fee of $266.7 million okayed by Del SCt; presumably this will give some guidance to McCormick in the Tesla case (if she rejects the new pay vote):
https://courts.delaware.gov/Opinions/Download.aspx?id=368080

2024-08-14 08:45:35

"Researchers said that high schoolers over the past two years — 386 students from The Rooted School in New Orleans, The Rooted School Indianapolis and G. W. Carver High School — who received payments missed fewer days of school, showed more literacy growth and enjoyed more financial stability than their peers who did not receive money."
https://www.nola.com/news/education/guaranteed-income-study-expands-to-more-high-schoolers/article_b1636f56-5692-11ef-97bd-57631bf1517c.html

2024-08-13 17:21:09

- reply

@npub1p0w…22r5 sorry i assumed he was recusing because of the tesla thing. the recent disclosures of all the tesla stock he owns.

2024-08-13 17:11:38

- reply

@npub1p0w…22r5 isn't he the judge on x v. media matters? if he recuses for one, why not the other?

2024-08-13 17:02:29

- reply

@npub1p0w…22r5 what about media matters??

2024-08-13 16:48:32

didn't Laxman Narasimhan have to apprentice as a barista for like 6 months? another example of a white guy vaulting past hurdles in the paths of women/poc.
i'm not entirely kidding
https://www.ft.com/content/494b174d-4c66-4db3-bbd2-a0f51af7c1da

2024-08-13 11:48:37

I jotted!
Here's my Jotwell review of Hilary Allen's Interest Rates, Venture Capital, and Financial Stability:
https://corp.jotwell.com/venture-capital-and-financial-stability/

2024-08-12 16:50:32

- reply

And I've previously stated, you might want to give money to Trump if he is/you expect he will be President. So the stock is an excellent investment in a piece of Trump's future graft.

2024-08-12 16:49:33

This is from the registration statement when Truth Social went public. Given Trump is apparently returning to Twitter (he's been posting there) it actually shows how much Truth Social has no business plan at all other than as a vehicle to give money to Trump.
https://www.sec.gov/Archives/edgar/data/1849635/000119312523276045/d408563ds4a.htm
https://sb-esq-social.b-cdn.net/media_attachments/files/112/950/074/836/026/993/original/76439ea21b8b3c51.png

2024-08-12 16:43:44

Mostly bc I assume people are interested, gift link:
https://www.wsj.com/politics/elections/inside-elon-musks-hands-on-push-to-win-800-000-voters-for-trump-0a7d55b3?st=7tonnm0a1nuzyqt&reflink=desktopwebshare_permalink
https://sb-esq-social.b-cdn.net/media_attachments/files/112/950/051/960/664/086/original/1572fa398ec5e475.png

2024-08-12 08:17:13

Hoo boy:
https://www.ft.com/content/afb729b9-9641-42b2-97ca-93974c461c4c
https://sb-esq-social.b-cdn.net/media_attachments/files/112/948/059/850/498/832/original/008827319e8dd142.png
https://sb-esq-social.b-cdn.net/media_attachments/files/112/948/060/596/262/598/original/80264e852f77dce4.png

2024-08-11 14:22:44

Thinking a lot about this French OpEd, which I think illustrates
why Dems have found an effective counter:
https://www.nytimes.com/2023/07/06/opinion/maga-america-trump.html

2024-08-11 13:51:16

reality is that the history of organized labor is also a history of racist exclusion, and lo and behold
https://www.politico.com/newsletters/politico-nightly/2024/08/09/the-gop-convention-speech-that-wont-go-away-00172390

2024-08-11 13:27:10

Teaching BizOrgs for nearly 10 years, still can't spell "Van Gorkom" correctly on the first try.

2024-08-11 10:00:09

This panda slander will not stand.
https://www.wsj.com/articles/pandas-china-zoo-san-diego-337c052b
https://sb-esq-social.b-cdn.net/media_attachments/files/112/942/802/851/738/174/original/02c1112ad63fef5c.jpg
https://sb-esq-social.b-cdn.net/media_attachments/files/112/942/803/121/619/818/original/3b712f044ac7669c.jpg

2024-08-10 10:50:26

Okie dokie.
https://on.ft.com/3SGR2sw
https://sb-esq-social.b-cdn.net/media_attachments/files/112/937/337/364/343/901/original/5c93bf2cb20e7c58.jpg

2024-08-09 15:51:15

Look, the polls all show that RFK takes more votes from Trump than Harris. We just saw Joe Rogan and Tim Pool endorse RFK. RFK's backers have been Trump supporters. So ... I think I've figured this out:
https://www.nbcnews.com/politics/2024-election/rfk-jrs-incredible-disappearing-campaign-rcna164873

2024-08-09 11:20:06

- reply

Incidentally, the serious part of this post: one problem w/ wealth inequality is that the superrich increasingly buy private services (security, individual solar/generator power, schools), so they're less dependent on public services. Support for those svces erodes, while the rest of us rely on them

2024-08-09 10:48:39

I dunno, if we're looking for people who don't have a stake in America's future and therefore should have reduced political power ...
https://www.wsj.com/us-news/the-rise-of-luxury-doomsday-prepping-bd34e901
https://sb-esq-social.b-cdn.net/media_attachments/files/112/931/669/241/684/723/original/fd8dadb170a0555c.jpg

2024-08-08 14:28:21

"the two allegedly stole a package containing the remains of a deceased person and the victim's bicycle before fleeing the scene."
kind of a fitting punishment for package thieves
https://www.nola.com/news/crime_police/new-orleans-bywater-two-allegedly-took-human-remains/article_0e839346-558f-11ef-993b-4b6fa8084772.html

2024-08-08 09:58:45

Tl;dr: Google knows that the "unknown" age segment of YouTube viewers are mostly under 18, and allowed Instagram to market to "unknowns" to skirt Google's ban on under-18 targeted ads.
https://www.ft.com/content/b3bb80f4-4e01-4ce6-8358-f4f8638790f8

2024-08-07 11:16:50

- reply

Better (different article, same paper)
https://www.ft.com/content/12a4e348-021a-4f88-a372-2b83c3cbb869
https://sb-esq-social.b-cdn.net/media_attachments/files/112/920/454/412/983/683/original/f558cbc5c4641e7f.png

2024-08-07 11:11:27

New rule: Every time you use the "free speech absolutist" line you have to add that he's suing advertisers for not speaking on his platform.
https://www.ft.com/content/31919b4e-4a5a-4eba-ada7-88d3fec455f8
https://sb-esq-social.b-cdn.net/media_attachments/files/112/920/433/817/023/020/original/de43d35e82b13b26.png

2024-08-06 15:36:24

I assume this was filed before a right wing judge, and regardless of outcome, the point is to drive up litigation expenses to the point where advertisers think throwing a few bucks in Twitter's direction is easier.
Businesses are not prepared for a second Trump presidency.
https://sb-esq-social.b-cdn.net/media_attachments/files/112/915/813/300/463/892/original/2132fafad636437b.png
https://sb-esq-social.b-cdn.net/media_attachments/files/112/915/813/666/298/263/original/fb55074bd2c582b4.png

2024-08-06 13:55:12

Enjoying Musk's new complaint against Sam Altman this morning:
https://sb-esq-social.b-cdn.net/media_attachments/files/112/915/415/172/451/976/original/f01b886ec3c07c0b.png

2024-08-05 22:40:36

Imma let experts - in nonprofit, RICO, false advertising, contract, etc - take the lead, but when the case was first filed, I said - how can Musk seek specific performance of a governance arrangement w/ a Delaware corp?
https://www.reuters.com/technology/elon-musk-revives-lawsuit-against-sam-altman-openai-nyt-reports-2024-08-05/

2024-08-05 08:15:10

Great long read on changes to Delaware law, both legally and in terms of norms/practices:
https://www.ft.com/content/9effb213-6ec7-4f3a-9f81-b235bfc0c108

2024-08-05 08:00:45

Here is an example of PSLRA pleading standards taken to absurdity.
https://www.law360.com/securities/articles/1864817

2024-08-04 23:05:12

this was inevitable, and since the victim wasn't the tesla owner, there won't be an arbitration agreement; it's interesting that they're arguing for a "reasonably prudent auto braking system" standard
https://www.reuters.com/business/autos-transportation/tesla-sued-by-family-motorcyclist-killed-autopilot-crash-2024-08-02/

2024-08-04 20:19:34

this is what we in the biz call "private ordering"
https://www.washingtonpost.com/business/2024/08/04/bitcoin-investments-state-pension-funds/
https://sb-esq-social.b-cdn.net/media_attachments/files/112/905/602/431/094/785/original/b6018a4f09682249.png

2024-08-03 00:06:11

TripAdvisor oral argument scheduled (is reincorporation from Delaware to Nevada a conflict transaction?)
https://sb-esq-social.b-cdn.net/media_attachments/files/112/895/168/605/689/956/original/f9995f2e67d65070.png

2024-08-02 18:24:26

Tulane is hiring, entry level and lateral! Feel free to email me if you have any questions:
https://sb-esq-social.b-cdn.net/media_attachments/files/112/893/823/930/913/998/original/8200f0ecd70500bc.png
https://sb-esq-social.b-cdn.net/media_attachments/files/112/893/824/965/444/209/original/9eef7b47c0a82c36.png

2024-08-02 15:16:54

The part that gets me is this is a class action lawsuit by one of the fake "partners." She also alleges discrimination against women and POCs.
https://www.reuters.com/legal/litigation/us-law-firm-duane-morris-hit-with-class-action-over-partner-tiers-2024-08-01/

2024-08-02 15:15:18

OH MY FREAKING GOD
https://www.cnbc.com/2024/08/02/elon-musk-pac-voter-data-trump-harris.html
https://sb-esq-social.b-cdn.net/media_attachments/files/112/893/080/798/765/895/original/ac69e677b60bdd10.png
https://sb-esq-social.b-cdn.net/media_attachments/files/112/893/081/216/325/214/original/ee3b875484083faf.png

2024-08-02 15:02:58

can't say i disagree but as the man says, the market can stay irrational longer than you can stay solvent
https://www.ft.com/content/24a12be1-a973-4efe-ab4f-b981aee0cd0b

2024-08-01 11:28:47

Is this in case the US has to pay blackmail money or something?
https://www.lummis.senate.gov/press-releases/lummis-introduces-strategic-bitcoin-reserve-legislation/

2024-08-01 10:50:14

happy sb 313 day to all who celebrate

2024-08-01 00:35:27

huh
https://www.vcsforkamala.org/

2024-08-01 00:30:06

ad i was just served on twitter. hoo boy.
https://sb-esq-social.b-cdn.net/media_attachments/files/112/883/938/290/131/341/original/195d5bece243ccf0.png

2024-07-31 11:20:57

"Groupon last year lost its only diverse director—Helen Vaid—who did not stand for re-election,"
First of all, diversity is a characteristic of groups, not individuals.
https://news.bloomberglaw.com/legal-ops-and-tech/white-male-boards-explain-to-investors-why-diversity-is-elusive

2024-07-30 13:52:21

i've said before there's a rational case for the stock, if you think trump will be president and doing business w/ Trump Media is a way of funneling cash to Trump. You can buy a piece of future corruption
https://www.propublica.org/article/trump-media-truth-social-jedtec-james-davison-conflict-of-interest

2024-07-29 08:55:36

"A presumably false story"
Oh my God.
https://www.hollywoodreporter.com/news/politics-news/jd-vance-couch-sex-story-stephen-colbert-1235959237/

2024-07-29 08:31:21

The schadenfreude is delicious.
https://on.ft.com/4c1P39c

2024-07-29 00:52:44

"Skillz, which has lost business to the newer rivals, sued Avia and two other companies, Papaya and Voodoo, accusing them of stealing its market share and profit in part by cheating players....Players have also filed class-action suits against Avia and Papaya"
https://www.bloomberg.com/news/articles/2024-07-26/are-you-playing-a-person-or-a-bot-for-cash-gaming-prizes

2024-07-28 12:56:04

This would certainly suggest that dropping him is not in the cards.
https://www.washingtonpost.com/technology/2024/07/28/jd-vance-peter-thiel-donors-big-tech-trump-vp/

2024-07-27 15:58:56

This week's blog post is honestly a throwaway thought on special committees of one:
https://lawprofessors.typepad.com/business_law/2024/07/special-committees-of-one.html

2024-07-26 21:50:45

oh man this is going to be one of the legendary "stfu during the waiting period" stories
https://www.barrons.com/articles/bill-ackman-pershing-square-usa-ipo-postponed-76f55189
https://sb-esq-social.b-cdn.net/media_attachments/files/112/854/999/290/511/111/original/049deb1ac112aa2d.png

2024-07-26 10:48:00

oh no
https://www.wsj.com/sports/olympics/swimming-paris-games-pool-780dd98f?st=iopgjz23o21x99l&reflink=desktopwebshare_permalink
https://sb-esq-social.b-cdn.net/media_attachments/files/112/852/393/947/991/873/original/53fbe07e91eec12d.png

2024-07-25 15:05:30

just a lawyer, not a financial analyst, but if i were an early investor in xai i'd be looking for exits
https://sb-esq-social.b-cdn.net/media_attachments/files/112/847/744/175/737/135/original/8a12aaa0192de687.png

2024-07-24 21:22:25

This is a fantastic corpgov-ESG adjacent dispute. Rupert Murdoch established a trust for his media assets to be divided equally among his kids. Now, he wants to amend it so only Lachlan has governance rights, to preserve the conservative political bent
https://www.nytimes.com/2024/07/24/business/media/rupert-murdoch-succession-fox.html

2024-07-24 09:44:01

It's sort of a weird framing but the article makes clear just how much the robotaxi thing is vaporware
https://www.theverge.com/2024/7/23/24204794/tesla-robotaxi-elon-musk-earnings-fmvss-steering-wheel

2024-07-24 01:16:55

Texas coming out strong with the NLRB is unconstitutional
https://www.law360.com/articles/1860829

2024-07-23 23:12:52

current lawsuits pending about diversion of resources from tesla to xai (in Delaware, filed just before the Texas move), so here's Tesla's preemptive defense.
I don't see how that gets resolved without discovery though.
https://sb-esq-social.b-cdn.net/media_attachments/files/112/838/335/506/226/868/original/e1e427667d7822bf.png

2024-07-23 23:12:04

so soon?
https://fortune.com/2024/07/23/elon-musk-backs-down-from-45-million-a-month-pledge-to-trump-says-he-doesnt-subscribe-to-cult-of-personality/

2024-07-23 17:06:13

tfw after 2.5 years the cat finally uses the cat bed
https://sb-esq-social.b-cdn.net/media_attachments/files/112/836/893/859/778/991/original/32418cd68df9afcd.jpg

2024-07-23 08:49:42

Okay fine
https://sb-esq-social.b-cdn.net/media_attachments/files/112/834/940/832/930/544/original/2b017335b2fdafba.jpeg