Del. Chancellor Presses Tesla On Musk Pay Salvage Scheme
Del. Chancellor Presses Tesla On Musk Pay Salvage Scheme https://www.law360.com/delaware/articles/1865859?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-08-05&read_main=1&nlsidx=0&nlaidx=0 By Jeff Montgomery Delaware's chancellor pointed Friday to "zero cases under Delaware law" where stockholders were allowed to ratify a corporate act that had been found to be a breach of fiduciary duty, asking an attorney for Tesla Inc. why she should allow the company to use a post-verdict vote to resurrect Elon Musk's $56 billion stock-based compensation plan. 3 documents attached | Read full article » https://www.law360.com/delaware/articles/1865859?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-08-05&read_more=1&nlsidx=0&nlaidx=0 | Save to favorites » https://www.law360.com/delaware/articles/1865859?nl_pk=8f2e5a76-bb66-462b-a05a-b234142584d6&utm_source=newsletter&utm_medium=email&utm_campaign=delaware&utm_content=2024-08-05&read_later=1&nlsidx=0&nlaidx=0
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Gunnar Larson