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Analysis-Tesla tries legal Band-Aid to revive Musk s huge pay deal

Tesla and Elon Musk are seizing upon an obscure provision in corporate law to attempt to restore Musk's $56 billion pay package, in an untested move that could again mire the company in litigation, legal experts said. The electric vehicle maker on Wednesday proposed putting Musk's 2018 pay deal to a shareholder vote, even though a Delaware judge voided it in January. Tesla is using a little-known section of Delaware's corporate law that lets companies fix procedural defects that would otherwise nullify their boardroom decisions.

Tesla tries legal Band-Aid to revive Musk s huge pay deal

Boaz Weinstein s Sculptor Bid at Stake in Dual Court Hearings

Boaz Weinstein s Sculptor Bid at Stake in Dual Court Hearings
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Demand for $40 Billion Bond From Venezuela Snags Citgo Auction

Demand for $40 Billion Bond From Venezuela Snags Citgo Auction
bnnbloomberg.ca - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bnnbloomberg.ca Daily Mail and Mail on Sunday newspapers.

Demand for $40 Billion Bond From Venezuela Snags Citgo Auction

Demand for $40 Billion Bond From Venezuela Snags Citgo Auction
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

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