Reported 1 day ago
Elon Musk is appealing a Delaware court's decision that invalidated his $56 billion performance-based pay plan, contending the ruling was flawed despite shareholder approvals. The case has intensified political tensions in Delaware, prompting calls for legislative changes amid fears from corporations about the state's legal environment. Legal experts suggest the state's high court may clarify the definition of 'controlling shareholder' in response to the conflicts arising from the case.
Source: YAHOO