Explore stories from Atlantic Canada.
Seniors displaced after Yarmouth fire | SaltWire #fire #yarmouth #seniors #newsDELAWARE - The Delaware judge who voided Elon Musk's record Tesla pay package told the parties in the case that she felt assured by the electric vehicle maker that it would not use an upcoming shareholder vote to attack her ruling.The shareholder legal team who sued over Musk's $56 billion pay package had asked Chancellor Kathaleen McCormick for orders to prevent their case from being undone in a Texas court.
Tesla called that"rank speculation" in court papers and said Delaware would retain jurisdiction over the pay dispute, comments that McCormick took as an assurance that the company would not attempt to work around her previous ruling."If I have interpreted the defendants’ position incorrectly, then defense counsel - as officers of the court - are duty-bound to correct it.
McCormick must decide if the shareholder's legal team should get the $6 billion they requested from Tesla as a legal fee before Musk and Tesla can appeal. She has scheduled a hearing for July 8 on the legal fee.Attorneys for the company did not immediately respond to a request for comment.It has been our privilege to have the trust and support of our East Coast communities for the last 200 years. Our SaltWire team is always watching out for the place we call home.
Malaysia Latest News, Malaysia Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Judge assured that Tesla won't contest Musk pay ruling outside DelawareThe Delaware judge who voided Elon Musk's record Tesla pay package told the parties in the case that she felt assured by the electric vehicle maker that it...
Read more »
Delaware judge refuses to fast-track certain claims in post-merger lawsuit against Trump MediaDOVER, Del. (AP) — A Delaware judge on Tuesday granted a request by attorneys for Donald Trump and Trump Media & Technology Group, parent company of his...
Read more »
Musk's Tesla pay package is 'excessive' and should be voted down, shareholder advocate saysProxy adviser firm Glass Lewis weighed in on Tesla’s upcoming shareholder proposals and once again said CEO Elon Musk’s pay package is a problem.
Read more »
Glass Lewis: Tesla shareholders should reject Musk's pay dealTesla (TSLA) shareholders are bracing themselves for a crucial vote on June 13, which will determine the fate of Elon Musk's pay package. The pivotal...
Read more »
Tesla shareholders advised to reject Musk's $56 billion payExplore stories from Atlantic Canada.
Read more »
Tesla shareholders advised to reject Musk’s $56-billion pay packageThe report cited reasons like the “excessive size” of the pay deal, the dilutive effect upon exercise and the concentration of ownership
Read more »