United States: Delaware Court Of Chancery Rescinds Elon Musk's $55.8 Billion Compensation Package In Cautionary Tale About Director Independence And Executive Compensation - Goodwin Procter LLP

United States: Delaware Court Of Chancery Rescinds Elon Musk's $55.8 Billion Compensation Package In Cautionary Tale About Director Independence And Executive Compensation - Goodwin Procter LLP

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On January 30, 2024, the Chancellor of the Delaware Court of Chancery struck down the $55.8 billion compensation plan that Tesla, Inc.'s board of directors had granted to Tesla's well-known CEO, ...

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