Steven Davidoff Solomon

Lawyers burnish Tesla’s deal for SolarCity

Steven Davidoff Solomon writes for The New York Times, Sept. 2, 2016

The lawyers have grabbed control of the merger between Tesla Motors and SolarCity. They are blanketing the deal with legal process to try to smooth over the conflict of interest stemming from Elon Musk’s ownership interest in both companies. But will it be enough?

Trying to turn back the clock on deals gone sour

Steven Davidoff Solomon writes for The New York Times, August 23, 2016

Several such clawback cases over buyouts that were hammered out in the years before the financial crisis but later failed have resulted in thousands of shareholders now fighting to keep the money that was paid out to them.

Lessons from the Viacom dispute

Steven Davidoff Solomon writes for The New York Times, August 22, 2016

Whatever the reason, there is a lesson here for others: remember what your end game is and what is reasonable given your situation. Mr. Dauman never really had an answer to either other than keeping himself in power — and that has not worked so well as the board appeared to back away from supporting him.

Tech giants gobble start-ups in an antitrust blind spot

Steven Davidoff Solomon writes for The New York Times, August 16, 2016

Facebook and its elite brethren will do anything to make sure they are not the next Yahoo or Radio Shack, killed by disruption and failure to innovate. This translates into paying obscene sums for technology that might challenge their dominance one day.

Years of litigation loom as Redstone casese open a Pandora’s box

Steven Davidoff Solomon writes for The New York Times, August 2, 2016

In both cases, the courts ruled against Viacom’s controlling shareholder — National Amusements — as well as Sumner M. Redstone and his daughter, Shari. Both courts found that the issues raised required a trial to examine whether Mr. Redstone, 93, was competent to remove Philippe P. Dauman and George Abrams from the trust that will control Viacom and CBS on Mr. Redstone’s death or incapacity.

Uber may have won the world by ceding China

Steven Davidoff Solomon quoted by San Francisco Chronicle, August 1, 2016

“This gives Uber participation in the upside and a dominant position in the market in China,” said Steven Davidoff Solomon. … “My sense is that Uber shareholders and other investors felt there was more revenue and more growth to be had by combining (with Didi). In China, commerce can be political.”

Theresa May’s vision of a radical British conservatism

Steven Davidoff Solomon writes for The New York Times, July 19, 2016

The changes she outlined, in tying corporations more closely to the state, represent a significant shift from the generally laissez-faire positions the Conservatives have held since the Thatcher revolution of the 1980s. Ms. May’s proposal has the potential to be equally revolutionary: a call to rethink not just the supervision of the corporation but the state’s relationship to the corporation.