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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 | 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 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 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
Law Journal Press | Digital Book Florida Construction Defect Litigation 2022 Authors: Gary L. Brown View this Book

View more book results for the query "Tesla"

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J. McCormick issued her post-trial opinion finding Elon Musk's $56 billion compensation agreement with Tesla should be rescinded, Musk posted one possible takeaway: "Never incorporate your company in the state of Delaware."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
January 30, 2024 | Delaware Business Court Insider

Tesla Shareholder Wins Challenge to Elon Musk's Tesla Comp Package

Chancellor Kathaleen McCormick concluded Musk was a controller of Tesla under Delaware law, putting the burden of entire fairness on his defense team from Cravath, Swain & Moore and Ross Aronstam & Moritz.
3 minute read
January 30, 2024 | Corporate Counsel

Tesla Rival Taps Mercedes-Benz GC for Top Lawyer Job

"Lucid's products set an incredibly high bar for automotive companies, and I'm energized to join at a time when the company is poised to expand further," new legal chief Matt Everitt said.
4 minute read
January 26, 2024 | Corporate Counsel

'We're Seeing the Floodgates Open': EEOC's Flip to Democratic Control Already Turbocharging Agency

"We sometimes hear employers sort of downplay the concern with the EEOC, believing they're going to slip under the agency's radar. But it's important to remember that where the EEOC leads, the private plaintiffs bar follows," Seyfarth Shaw partner Christopher DeGroff said.
4 minute read

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