Chancery Finds Potential Liability for Blocking Company Financings Despite Contractual Veto Rights

In Zync v. Porsche et al (May 29, 2026), the Delaware Court of Chancery, at the pleading stage of litigation, declined to dismiss claims against Porsche, a 5% stockholder in  Zync, Inc. (the “Company”), and Porsche’s designee on the Company’s board of directo…