Judge assured that Tesla won't contest Musk pay ruling outside Delaware
DELAWARE (Reuters) - The Delaware judge who voided Elon Musk's record Tesla pay package told the parties in the case that she felt assured by the ...
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DELAWARE (Reuters) - The Delaware judge who voided Elon Musk's record Tesla pay package told the parties in the case that she felt assured by the ...
Tesla is likely in for some fresh legal entanglements after recommending stockholders vote to reinstate Elon Musk’s compensation package.
In June, Tesla will ask shareholders to vote on the same pay package that was denied in January by Delaware Judge Kathaleen McCormick.
Few people in the world have the power to order around Elon Musk. One of them is a soft-spoken, small-town-raised, 44-year-old Delaware judge named Kathaleen McCormick. When the planet’s richest person tried to back out of buying Twitter in 2022, it was McCormick who stood in the way, taking a no-nonsense approach to a lawsuit that ended with Musk backing down and completing the deal. And last month, it was McCormick who issued a landmark ruling against Musk in a Tesla shareholder lawsuit that c
Greg Varallo, the shareholder's attorney, told Reuters the two sides will agree to a stay if they can reach a deal on an appeal bond.