Category Archives: UMBLR Insights

Starbucks’s Proxy Contest Highlights Deep-Rooted Labor Relations Problem and Single-Issue Activist Campaigns Under the Universal Proxy Rules

Matthew Mallon – Since 2021, Starbucks locations across the country have elected to be represented by the Starbucks Workers United union, an affiliate of the Service Employees International Union (“SEIU”). Over 380 locations have voted to unionize, but despite this, no location has been able to negotiate a collective bargaining agreement with the company. Starbucks, […]

Tesla’s Governance Challenges: Navigating the Complex Intersection of Relationships and Fiduciary Duties

Amelia White – On January 30, 2024, a Delaware judge struck down Elon Musk’s compensation package of $56 billion, criticizing the close relationships between Tesla’s board of directors and Musk’s influence over them. Boards must be largely independent to be publicly traded on Nasdaq. Nasdaq defines an independent director as someone “who is not an […]

Hit or Miss: How the New CBA Played Out During the 2024 NBA All-Star Weekend

Aisha Jehaludi – NBA All-Star Weekend ideally should be a fan favorite. It’s a weekend filled with the league’s best players showcasing their talent, skills, and iconic slam dunks. However, in recent years, the all-star game has faced immense criticism not only from fans, but also from NBA coaches over a lack of competitiveness. Michael […]

USDA Declares Lab-Grown Meat Safe for Human Consumption. Will You Eat It?

Ygnacio Garcia-Saladrigas – In 2023, the USDA granted permission to two businesses, Upside Foods and Good Meat, to produce and sell chicken cultivated from a culture of animal cells. The decision makes the United States the second country after Singapore to allow the sale of lab-grown meat. Supporters of the new technology praise it for […]