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The Latest Breaking News from Kathaleen St Jude McCormick

Tesla CEO Elon Musk recovers $55 billion pay package in Delaware court ruling

Elon Musk, already the world’s richest man, scored another huge windfall Friday when the Delaware Supreme Court reversed a decision that deprived him of a $55 billion pay package that Tesla doled out in 2018 as an incentive for its CEO to steer the automaker to new heights

The Independent UK

Tesla awards Elon Musk $29 billion worth of shares

It comes after a judge ordered the company to revoke Musk’s massive pay package

The Independent UK

Delaware was rattled by Big Business moving their legal homes. Here's a look by the numbers

Delaware is poised to give corporate officers more protections in its courts against shareholder lawsuits after criticism by business titans that rattled top public officials in what is called the world's corporate capital

The Independent UK

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A judge has once again rejected Musk's multi-billion-dollar Tesla pay package. Now what?

For a second time, a Delaware judge has nullified a pay package that Tesla had awarded its CEO, Elon Musk, that once was valued at $56 billion

The Independent UK

Musk’s $101bn Tesla pay package again rejected by US judge

Judge says Tesla’s ‘unprecedented theories’ do not support argument to reverse previous ruling scrapping pay deal.

Al Jazeera

Delaware Judge To Rule On Tesla Pay Package Dispute

Legal battle ensues as attorneys seek to overturn ruling on Elon Musk's pay package at Tesla, despite shareholder approval.

Top News

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

Elon Musk is not entitled to landmark compensation package awarded by Tesla's board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday.

WEKU

Elon Musk’s 'unfathomable' $56bn Tesla pay package blocked by US judge

The judge found that Musk’s compensation was inappropriately set by the electric-vehicle maker’s board

Evening Standard

Frank Founder wins round against JPMorgan Chase

JPMorgan Chase fired Charlie Javice in November 2022. Now the bank must pay her legal fees, according to a Delaware Chancery Court ruling.

Fortune

Meet the judge who tamed the Musk-Twitter trial

A court fight between the world’s richest man and an influential social platform could easily have become a circus, particularly given Elon Musk's penchant for chaos

The Independent UK

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Al Jazeera

Judge refuses to delay Musk trial, allows whistleblower details

Details from a former Twitter security chief can be used as evidence, but judge strikes down a delay requested by Musk.

The Independent UK

Judge: Musk can use Twitter whistleblower but not delay case

Elon Musk will be able to include new evidence from a Twitter whistleblower as he fights to get out of his $44 billion deal to buy the social media company, but Musk won’t be able to delay a high-stakes October trial over the dispute, a judge ruled Wednesday

The Independent UK

Judge orders more document production in Musk-Twitter suit

The Delaware judge presiding over Twitter Inc.’s lawsuit to prevent billionaire Elon Musk from backing out of a $44 billion deal to buy the social media company has ordered both sides to turn over more information to opposing lawyers

Asharq Al-Awsat

Judge Sets October Trial for Musk-Twitter Takeover Dispute

Elon Musk lost a fight to delay Twitter’s lawsuit against him as a Delaware judge on Tuesday set an October trial, citing the "cloud of uncertainty" over the social media company after the billionaire backed out of a deal to buy it. "Delay threatens irreparable harm," said Chancellor Kathaleen St.…

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The Independent UK

Elon Musk, Twitter legal fight begins over trial date

An epic legal fight between Elon Musk and Twitter began in earnest in a Delaware court on Tuesday as lawyers for both sides fought over when to start the trial

The Independent UK

EXPLAINER: Twitter, Musk and the Delaware Chancery Court

Twitter Inc.’s lawsuit to force billionaire Elon Musk to make good on his promise to buy the social media giant will be resolved in a small but powerful Delaware court that specializes in high-stakes business disputes

The Independent UK

EXPLAINER: Twitter, Musk and the Delaware Chancery Court

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