21Oct
Electricity in the Air: Court Decides that Stockholder Ratification Not Enough to Insulate Tesla CEO’s $55.8 Billion Compensation Package from Entire Fairness Review
The Delaware Chancery Court rejected an attempt by Tesla’s Board of Directors to dismiss a challenge to CEO Elon Musk’s “extraordinary” 2018 compensation package. Because Musk is also Tesla’s controlling stockholder, the Court ruled that his...
By:
Dechert LLP
Related
Activist investor Third Point LLC and three funds that it controls have agreed to settle Federal Tra...
Read More >
Beginning September 29, 2019, it will be against the law in Illinois for employers to ask job applic...
Read More >
On Nov. 4, 2019, the Securities and Exchange Commission (SEC) filed an amended complaint against Col...
Read More >
HEADLINES - Buyouts and M&A secured a combined €75.4 billion of loan issuance in 2019 - Proceeds ...
Read More >
Once the parties to a transaction have signed a definitive agreement, there may be a sense that the ...
Read More >
CONVERGE19 is in its 4th year of bringing together the world’s leading companies for 2 days of dyna...
Read More >