SpaceX Bylaws: 2 Class Action Waivers Face Unresolved Questions

SpaceX Bylaws: 2 Class Action Waivers Face Unresolved Questions

SpaceX bylaws could restrict shareholder class actions through provisions whose enforceability remains unresolved. A Consumer Finance Monitor podcast examines the company’s rules for litigation and arbitration after its IPO. Host Alan Kaplinsky spoke with Professor Mohsen Manesh of the University of Oregon School of Law. The discussion addressed shareholder consent, federal securities law and competition between Texas and Delaware. SpaceX Bylaws…

Podcast Release: SpaceX’s Novel Shareholder Dispute-Resolution Bylaws Could Have Far-Reaching Implications

The SpaceX IPO generated enormous attention for obvious reasons. It was the largest IPO in history, and the company’s stock price initially surged after trading began. But an important legal development associated with the IPO has received considerably less attention: SpaceX adopted an unusually comprehensive shareholder dispute-resolution regime (the “Regime”) in its bylaws.... Continue Reading