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Is Forever 21 going out of business? Stores closing, locations in peril as retailer files for 2nd bankruptcy

Fast Company Tech

The company that operates the fast-fashion retail brand, called F21 OpCo, LLC, has filed for Chapter 11 bankruptcy protection in a Delaware court. Like Joann, Forever 21 is now in its second bankruptcy; it also filed for Chapter 11 protection in 2019, just months before the pandemic. Forever 21 is facing another bankruptcy.

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Elon Musk's Credibility Sinking as He's Caught in Web of Lies

Futurism

Over the last couple of years, Musk has filed a series of lawsuits against OpenAI, accusing it of being a " closed-source de facto subsidiary " of investor Microsoft and failing to live up to its promise of developing a "safe" AI that "benefits all of humanity."

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Elon Musk shifts SpaceX's state of incorporation from Delaware to Texas following legal spat over $56 billion Tesla pay

TechSpot

Musk's reputation for holding a grudge was evident after Delaware Judge Kathaleen St. Musk is expected to file an appeal to. McCormick in January agreed with Tesla shareholder Richard Tornetta's lawsuit that claimed Tesla breached its fiduciary duty by unjustly enriching its CEO to the tune of $56 billion. Read Entire Article

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Lucid to buy Nikola's Arizona EV facilities after the latter's bankruptcy

Engadget

Lucid Motors has announced that it's acquiring certain facilities in Arizona owned by Nikola, an EV truck maker that filed for Chapter 11 bankruptcy protection back in February. The acquisition is part of Lucid's planned expansion in Arizona, but it still has to be approved by the US Bankruptcy Court for the District of Delaware. "As

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Lawyers who stopped Elon Musk's "excessive" $56 billion Tesla pay ask for $6 billion fee

TechSpot

More than five years after shareholder Richard Tornetta filed suit against Tesla over claims it breached its fiduciary duty by unjustly enriching its CEO to the tune of $56 billion, a Delaware judge voided Musk's pay package in January. Read Entire Article

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Court to decide on $7.6 billion legal fee for lawyers who voided Elon Musk's pay

TechSpot

More than five years after shareholder Richard Tornetta filed suit against Tesla over claims it breached its fiduciary duty by unjustly enriching its CEO to the tune of $56 billion, Delaware Judge Kathaleen St. McCormick voided Musk's pay package in January. Soon after, the four law firms that represented. Read Entire Article

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Boston Dynamics sues rival robot dog maker over alleged copyright infringement

TechSpot

In its complaint, filed in Delaware federal court, Boston Dynamics claims Ghost Robotics' Vision 60 and Spirit 40, which dog-like robots, infringe on the Hyundai-owned company's patents.

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