Jennifer Kay

Pennsylvania

Correspondent at Bloomberg Industry Group

I have too many tabs open, IT says • @BLaw @BGov correspondent • @[email protected] • going back to Flickr, things are simpler there

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Articles

This Week in Chancery Court: Squarespace, Bristol-Myers Squibb

6 days ago | news.bloombergtax.com | Jennifer Kay |Carmen Castro-Pagan

Squarespace Inc. will hear this week from the Delaware Chancery Court about whether it must release CEO Anthony Casalena’s emails related to the website publishing company’s $7.2 billion sale to Permira Advisers LLC. A look at what else is on the calendars for Chancery Court and the Delaware Supreme Court:Monday: Goldenberg v. Immunomedics, Inc., Del. Ch., No. 2020-0523, trial 6/2/25.
This Week in Chancery Court: Squarespace, Bristol-Myers Squibb

6 days ago | news.bloomberglaw.com | Jennifer Kay

June 2, 2025, 9:00 AM UTC The Leonard L. Williams Justice Center in Wilmington, home of the Delaware Chancery Court. Photographer: Jennifer Kay/Bloomberg Law Squarespace Inc. will hear this week from the Delaware Chancery Court about whether it must release CEO Anthony Casalena’s emails related to the website publishing company’s $7.2 billion sale to Permira Advisers LLC. A look at what else is on the calendars for Chancery Court and the Delaware Supreme Court:Monday: Goldenberg v.
CD&R, Cornerstone Reach $45 Million Settlement in Buyout Dispute

1 week ago | news.bloomberglaw.com | Jennifer Kay

Lawsuits alleged CD&R controlled Cornerstone, forced buyoutSettlement also releases pending federal securities claimsClaims that Cornerstone Building Brands Inc.‘s board manipulated the company’s forecasts amid pressure from Clayton, Dubilier & Rice LLC to approve a $5.8 billion take-private buyout will be resolved with a $45 million cash settlement, a Delaware judge ruled Thursday. The accord also resolves pending federal securities claims, Vice Chancellor J.
CD&R, Cornerstone Reach $45 Million Accord in Buyout Dispute (1)

1 week ago | news.bloombergtax.com | Jennifer Kay

Claims that Cornerstone Building Brands Inc.‘s board manipulated the company’s forecasts amid pressure from Clayton, Dubilier & Rice LLC to approve a $5.8 billion take-private buyout will be resolved with a $45 million cash settlement, a Delaware judge ruled Thursday. The accord also resolves pending federal securities claims, Vice Chancellor J. Travis Laster said in a Delaware Chancery Court hearing.
This Week in Chancery Court: Squarespace Deal Books and Records

1 week ago | news.bloomberglaw.com | Jennifer Kay

Internal documents from Squarespace Inc. related to its $7.2 billion acquisition last year are the subject of a trial this week in Delaware Chancery Court. Here’s a look at the highlights from a holiday-shortened court calendar:At issue: A pension fund filed a books-and-records lawsuit in October seeking Squarespace’s documents related to its sale to Permira Advisers LLC’s.
This Week in Chancery Court: Squarespace Deal Books and Records

1 week ago | news.bloombergtax.com | Jennifer Kay

Internal documents from Squarespace Inc. related to its $7.2 billion acquisition last year are the subject of a trial this week in Delaware Chancery Court. Here’s a look at the highlights from a holiday-shortened court calendar:Thursday: Mich. Elec. Emp. Pension Fund v. Squarespace, Inc., Del. Ch., No. 2024-1041, trial 5/29/25. At issue: A pension fund filed a books-and-records lawsuit in October seeking Squarespace’s documents related to its sale to Permira Advisers LLC’s.
Delaware Courts Announce Plan to Explore Bar Exam Alternatives

2 weeks ago | news.bloombergtax.com | Jennifer Kay

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Bankrupt Celsius’ Spinoff Ionic Told to Reopen Board Nominations

2 weeks ago | news.bloomberglaw.com | Jennifer Kay

Ionic, formed from Celsius bankruptcy, has been strugglingJudge orders annual meeting set, nomination window reopenedA Delaware judge reached a split decision Wednesday in a dispute over the number of board seats up for election at bankrupt Celsius Network’s offshoot Ionic Digital Inc. Ionic’s directors breached their fiduciary duties by cutting one board seat “not for a valid corporate purpose, but as an inequitable defensive measure,” according to a 52-page Delaware Chancery Court opinion.
This Week in Chancery Court: Exxon, Pioneer CEOs’ Emails, Texts

2 weeks ago | news.bloombergtax.com | Jennifer Kay

The Delaware Chancery Court’s chief judge will review this week a decision to block access to texts and emails from Pioneer Natural Resources Co.'s ex-CEO related to the Texas-based energy exploration and production company’s sale to ExxonMobil Corp. Here’s more from the court’s calendar:Monday: Thomas v. American Midstream GP, LLC, Del. Ch., No. 2019-0641, trial 5/19/25. At issue: Vice Chancellor Morgan T. Zurn ruled Dec.
This Week in Chancery Court: Exxon, Pioneer CEOs’ Emails, Texts

2 weeks ago | news.bloombergtax.com | Jennifer Kay |Andrew Harris

The Delaware Chancery Court’s chief judge will review this week a decision to block access to texts and emails from Pioneer Natural Resources Co.'s ex-CEO related to the Texas-based energy exploration and production company’s sale to ExxonMobil Corp. Here’s more from the court’s calendar:Monday: Thomas v. American Midstream GP, LLC, Del. Ch., No. 2019-0641, trial 5/19/25. At issue: Vice Chancellor Morgan T. Zurn ruled Dec.