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Goosehead Insurance Investor Looks To Pause Chancery Deal

Law 360

who struck a settlement last year with the Texas-based company to end his proposed class action over disproportionate insider control asked Delaware's Court of Chancery on Tuesday to put the deal on hold until another case involving investment bank Moelis & Co. A stockholder of Goosehead Insurance Inc. plays out.

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Chancery Partly Shoots Down Moelis Founder Control Suit

Law 360

Global investment bank Moelis & Co. lost much of its bid Monday for summary dismissal of a stockholder suit seeking to invalidate stockholder agreements said to have wrongly ceded board powers to company founder and CEO Kenneth Moelis, Delaware's Court of Chancery ruled late Monday.

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Moelis Class Urges Chancery Curbs On CEO's Board Clout

Law 360

An attorney for Moelis & Co. stockholders argued Wednesday that Delaware's Court of Chancery should keep alive a suit seeking to invalidate stockholder agreements that ceded board powers to company founder and CEO Kenneth Moelis, saying the terms chiseled away bedrock principles of corporation law.

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Chancery Scuttles Moelis Pact Ceding Control To Founder

Law 360

All but three provisions of a stockholder agreement that gives Moelis & Co.

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