Bloomberg Law
Aug. 30, 2017, 9:54 PM UTC

Uber’s Kalanick, Benchmark Face Off in Court Over Board Fight

Bloomberg Media

By Jef Feeley and Steven Church, Bloomberg News

Lawyers for Uber Technologies Inc. co- founder Travis Kalanick are facing off before a Delaware judge with venture capital firm Benchmark, the company’s largest shareholder, which is attempting to oust him from the company’s board.

Benchmark took the unusual step earlier this month of waging a public battle with the founder of a startup it invested in, accusing Kalanick of duping the firm in order to gain control of three board seats. Kalanick is fighting back with claims that Benchmark pressured and threatened him into resigning as chief executive officer in June. ...

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