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February 16, 2024 | Delaware Law Weekly

Glasscock Plans to Retire from Court of Chancery by Year End

Vice Chancellor Sam Glasscock, who was sworn in for a second term in July, is expected to step down at the end of the year, closing a 25-year run, first as a master in Chancery and later as vice chancellor.
3 minute read
February 09, 2024 | Delaware Business Court Insider

How Judge's Musk Pay Ruling Will Put In-House Legal Teams to Work

Boards of directors will need to take a closer look at which directors are truly independent and ensure they negotiate pay packages, not just acquiesce.
4 minute read
February 09, 2024 | Law.com

Inside Track: Judge's Musk Pay Ruling Will Put In-House Legal Teams to Work

Boards of directors will need to take a closer look at which directors are truly independent and ensure they negotiate pay packages, not just acquiesce.
4 minute read
February 05, 2024 | Corporate Counsel

Stinging Musk Defeat Throws Spotlight on Role of Tesla GC Todd Maron

Chancellor Kathaleen McCormick found Maron was "totally beholden" to the billionaire and that three of Tesla's eight board members were as well.
4 minute read
February 05, 2024 | Delaware Business Court Insider

Tesla GC Todd Maron In Spotlight Following Musk's Stinging Defeat

Chancellor Kathaleen McCormick found Maron was "totally beholden" to the billionaire and that three of Tesla's eight board members were as well.
4 minute read
February 02, 2024 | Litigation Daily

Litigators of the Week: Rolling Back Elon Musk's $56B Tesla Compensation Package

A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
10 minute read
February 02, 2024 | Delaware Business Court Insider

Plaintiff's Trial Team Discuss Rolling Back Elon Musk's $56B Tesla Compensation Package

A team led by Greg Varallo and Jeroen van Kwawegen of Bernstein Litowitz Berger & Grossmann and David Tejtel of Friedman Oster & Tejtel secured a post-trial ruling from Delaware Chancellor Kathaleen McCormick finding that when it came to the Tesla CEO's pay package "Musk launched a self-driving process, recalibrating the speed and direction along the way as he saw fit."
10 minute read
February 01, 2024 | New York Law Journal

It Happened In a 'Labor Law' Case

The issues Brian J. Shoot discusses in this Construction Accident Litigation column share two points in common: (1) all have arisen in cases involving alleged violations of Section 200, 240 and/or 241(6) of the Labor Law, and (2) none are specific to so-called Labor Law actions.
19 minute read
January 31, 2024 | Delaware Law Weekly

Elon Musk's $56B Executive Comp Ruling Could Reverberate, Lawyers Say

Shortly after Chancellor Kathaleen St. J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
5 minute read
January 31, 2024 | Delaware Business Court Insider

Here's How Elon Musk's $56B Executive Comp Loss Could Reverberate

Shortly after Chancellor Kathaleen St. J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."
5 minute read

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