Travis Kalanick says Benchmark’s claims are ‘fabricated allegations’

Travis Kalanick says Benchmark’s claims are ‘fabricated allegations’

7 years ago
Anonymous $wKBR2uNMvM

https://techcrunch.com/2017/08/28/travis-kalanick-says-benchmarks-claims-are-fabricated-allegations/

Travis Kalanick, former CEO of Uber, filed a document today arguing the case involving Benchmark Capital should move to arbitration. This filing reiterates Kalanick’s earlier argument that Benchmark’s claims are subject to mandatory arbitration and that the Delaware Chancery Court doesn’t have the jurisdiction to settle them.

In the filing, Kalanick’s lawyer argues that, “to allow Benchmark to proceed in this forum on its claims would contravene the express terms of Section 5.18 of the Voting Agreement and Delaware law, would turn the presumption in favor of arbitration on its head, and would expose the company to significant and unnecessary harm for no reason other than Benchmark’s desire to use this forum to publicly slander Mr. Kalanick with its fabricated allegations.”