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Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media

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Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump Media


A Delaware judge has granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a merger-related lawsuit filed by two cofounders of the company

DOVER, Del. — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his Truth Social platform, to slow down a lawsuit filed by two cofounders of the company.

Vice Chancellor Morgan Zurn said Andrew Litinsky and Wesley Moss, former contestants on Trump’s TV show, “The Apprentice,” failed to justify putting certain claims in their lawsuit on a fast track for court rulings.

Litinsky and Moss filed a lawsuit in February claiming that Trump Media planned to dilute their stake in the company as part of a merger that took it public in late March. A different judge agreed to fast-track that lawsuit given the impending merger date. However, the plaintiffs’ concerns about their limited liability company’s 8.6% stake in Trump Media being diluted were mooted when defense attorneys assured the judge that the LLC, United Atlantic Ventures, would suffer no merger-related dilution.

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Following the merger, UAV filed a second amended complaint claiming that Trump and other defendants improperly imposed a “lock up” provision preventing UAV from selling its shares in the public company for six months. They simultaneously argued that the case should remain on the fast track because they would be harmed if they have to wait six months to sell their shares.

Zurn noted that UAV was on notice about the lockup provision on Feb. 12 as the result of a filing that day with the Securities and Exchange Commission. That was followed by two other SEC filings documenting the lockup provision.

UAV also wanted Zurn to fast-track arguments on its request for an “anti-suit injunction” prohibiting Trump Media from pursuing a Florida lawsuit against UAV. That lawsuit alleges that, because of pre-merger mismanagement by Moss and Litinsky, UAV has no right to own shares in the newly public Trump Media company. The Florida lawsuit also challenges UAV’s assertion that it has the right to appoint two directors to the Trump Media board.

Attorneys for Trump Media argue that the Florida lawsuit does not violate the Delaware court order because UAV in fact received its post-merger shares. They also say the venue provision does not apply to Trump Media and Technology Group.

Zurn said she was reluctant to expedite arguments on whether the Florida lawsuit complies with the venue provision, and whether its claims should be governed by Delaware law. She did say, however, that arguments on whether the filing of the Florida lawsuit violated the March 15 court order in Delaware “should be heard rapidly.”

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Delaware

DE222 Honoree: Kevin Kelly

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DE222 Honoree: Kevin Kelly


Title: Chair & Managing Principal

Kevin Kelly

Workplace: Leon N. Weiner & Associates

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Alma Maters: St. Anselm College, Suffolk University

Boards: Council on Development Finance

Wilmington-based homebuilder Kevin Kelly has been a tireless advocate for affordable housing in Delaware and throughout the United States over a decades-long career. Leon N. Weiner & Associates (LNWA) has a diverse portfolio of both affordable housing and commercial projects, building, developing and/or operating more than 14,000 homes, rental properties and apartments across 10 states for people of all income levels, and more than 650 hotel rooms. The firm has developed a reputation for firsts in affordable housing construction and financing, building Delaware’s first integrated community, the first turnkey public housing community, the first new construction Section 8 housing and the first Hope VI housing. Kelly’s leadership in those efforts led to his induction into the National Housing Hall of Fame.

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Pedestrian killed after being hit by truck in New Castle County

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Pedestrian killed after being hit by truck in New Castle County


Tuesday, May 21, 2024 3:30AM

Pedestrian killed after being hit by truck in New Castle County

NEWARK, Delaware (WPVI) — Delaware State Police are investigating a fatal pedestrian crash that took place in New Castle County Monday night.

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It happened near East Chestnut Hill and Salem Church roads in Newark.

Police say the victim was hit by a large truck, which was badly damaged after the collision.

East Chestnut Road is closed at Salem Church Road due to the crash, according to state police.

There is no word yet on what led to the crash. Police have also not yet identified the victim.

For the latest in traffic around the area, use the 6abc Traffic Map.

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Copyright © 2024 WPVI-TV. All Rights Reserved.



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Milford School Counselor Delaware 2024 Behavioral Health Professional of the Year – State of Delaware News

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Milford School Counselor Delaware 2024 Behavioral Health Professional of the Year – State of Delaware News















Milford School Counselor Delaware 2024 Behavioral Health Professional of the Year – State of Delaware News
















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Shannon Gronau sits smiling for the camera.

Shannon Gronau, a school counselor from the Milford School District, is the state’s 2024 Delaware Behavioral Health Professional of the Year.

Secretary of Education Mark Holodick and House Majority Leader Valerie Longhurst made the announcement at a statewide banquet honoring the district and charter network behavioral health professionals of the year.

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The Mispillion Elementary School counselor said by building strong relationships with students, she’s able to understand how to best support them.

Gronau told the story of a student who “hated school.

“This feeling manifested in many negative ways like attendance issues and aggression. Their parent considered pulling them from school,” she said. “To help I had to understand the student’s needs by building a strong, positive relationship.”

Through check-ins and weekly counseling, she helped the child build coping and anger management skills. She realized the student didn’t feel connected at school and didn’t have healthy morning and night routines at home. She also learned the student’s mother had died, and her family was grieving.  Gronau helped connect the student to therapy, worked with the child’s teacher on classroom behavioral techniques and met with the child’s parent to help develop good morning/nighttime routines. She also worked with the school’s family interventionist to connect the family with needed community resources.

As their work together progressed, she offered the student the opportunity to help her run a small group to help other girls in the school also feeling a lack of connection. Today the student is flourishing at school and home.

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“From this experience, I saw true growth because the student believed in their ability to do well and had someone that believed in them,” Gronau said.

Teaching leadership development is one of Gronau’s passions. She created a peer leadership group project that trains fourth and fifth grade students to mentor first graders who need a positive connection at school.

“Students thrive when they believe in their unique abilities and are given the opportunity to be a role model for younger students,” she said.

Her assistant principal, Ashley Ganley, said Gronau is beloved by her students.

“Walking the halls, you can see the hugs and waves she receives. The students trust her and confide in her,” Ganley said. “During her workday, Shannon can be found providing individual and group counseling. Her students learn valuable self-regulation skills in small groups or whole classes, which is so needed in today’s classroom and society.”

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The Delaware State Behavioral Health Professional of the Year (BHPY) program is administered by the Delaware Department of Education (DDOE). The program recognizes outstanding service by school employees who are health care practitioners or human service providers who offer services for the purpose of improving an individual’s mental health. The Delaware Charter School Network also is invited to participate. Employees considered for the award include:

  • School counselors
  • School social workers
  • Licensed clinical social workers
  • School psychologists
  • School nurses

From those nominated at a local level, one behavioral health professional of the year moves forward to represent each district or the charter school community in the state program. Each district/charter network winner receives a $2,000 personal award from the winner’s district or charter school. The state program then chooses one person annually to serve as Delaware’s Behavioral Health Professional of the Year. State winners receive an additional $3,000 personal award from DDOE as well as $5,000 to be used for the educational benefit of his or her students.

Learn more about all the 2024 District/Charter Behavioral Health Professionals of the Year here.

 

Media contact: Alison May, alison.may@doe.k12.de.us, 302-735-4006

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Related Topics:  award, Delaware, education, professional, support, year

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Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.

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Shannon Gronau sits smiling for the camera.

Shannon Gronau, a school counselor from the Milford School District, is the state’s 2024 Delaware Behavioral Health Professional of the Year.

Secretary of Education Mark Holodick and House Majority Leader Valerie Longhurst made the announcement at a statewide banquet honoring the district and charter network behavioral health professionals of the year.

Advertisement

The Mispillion Elementary School counselor said by building strong relationships with students, she’s able to understand how to best support them.

Gronau told the story of a student who “hated school.

“This feeling manifested in many negative ways like attendance issues and aggression. Their parent considered pulling them from school,” she said. “To help I had to understand the student’s needs by building a strong, positive relationship.”

Through check-ins and weekly counseling, she helped the child build coping and anger management skills. She realized the student didn’t feel connected at school and didn’t have healthy morning and night routines at home. She also learned the student’s mother had died, and her family was grieving.  Gronau helped connect the student to therapy, worked with the child’s teacher on classroom behavioral techniques and met with the child’s parent to help develop good morning/nighttime routines. She also worked with the school’s family interventionist to connect the family with needed community resources.

As their work together progressed, she offered the student the opportunity to help her run a small group to help other girls in the school also feeling a lack of connection. Today the student is flourishing at school and home.

Advertisement

“From this experience, I saw true growth because the student believed in their ability to do well and had someone that believed in them,” Gronau said.

Teaching leadership development is one of Gronau’s passions. She created a peer leadership group project that trains fourth and fifth grade students to mentor first graders who need a positive connection at school.

“Students thrive when they believe in their unique abilities and are given the opportunity to be a role model for younger students,” she said.

Her assistant principal, Ashley Ganley, said Gronau is beloved by her students.

“Walking the halls, you can see the hugs and waves she receives. The students trust her and confide in her,” Ganley said. “During her workday, Shannon can be found providing individual and group counseling. Her students learn valuable self-regulation skills in small groups or whole classes, which is so needed in today’s classroom and society.”

Advertisement

The Delaware State Behavioral Health Professional of the Year (BHPY) program is administered by the Delaware Department of Education (DDOE). The program recognizes outstanding service by school employees who are health care practitioners or human service providers who offer services for the purpose of improving an individual’s mental health. The Delaware Charter School Network also is invited to participate. Employees considered for the award include:

  • School counselors
  • School social workers
  • Licensed clinical social workers
  • School psychologists
  • School nurses

From those nominated at a local level, one behavioral health professional of the year moves forward to represent each district or the charter school community in the state program. Each district/charter network winner receives a $2,000 personal award from the winner’s district or charter school. The state program then chooses one person annually to serve as Delaware’s Behavioral Health Professional of the Year. State winners receive an additional $3,000 personal award from DDOE as well as $5,000 to be used for the educational benefit of his or her students.

Learn more about all the 2024 District/Charter Behavioral Health Professionals of the Year here.

 

Media contact: Alison May, alison.may@doe.k12.de.us, 302-735-4006

image_printPrint

Related Topics:  award, Delaware, education, professional, support, year

Advertisement

Graphic that represents delaware news on a mobile phone

Keep up to date by receiving a daily digest email, around noon, of current news release posts from state agencies on news.delaware.gov.

Here you can subscribe to future news updates.

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