Tag: Delaware Court of Chancery
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Delaware Court Reinstates Musk’s $55B Pay Package, Penalties Narrow to $1
Overview: A High-Stakes Corporate Pay Dispute Revisited In a ruling that captured headlines across corporate America, the Delaware Supreme Court reinstated Elon Musk’s $55 billion pay package, originally granted in 2018 to the Tesla and SpaceX chief executive. The decision represents a major pivot from the Delaware Court of Chancery, which had previously struck down…
