In recognition of her leadership role, Chancellor Kathaleen St. J. McCormick has named Selena E. Molina Senior Magistrate ...
Delaware Chancellor Kathaleen McCormick struck down Elon Musk's $55.8 billion Tesla compensation, emphasizing strict corporate governance. Known for her fair judgments, McCormick previously ...
Delaware Chancellor Kathaleen McCormick held again last week that the pay package that Tesla’s board of directors awarded to Elon Musk in 2018 suffers from “fatal flaws,” and it was ...
But Chancellor Kathaleen McCormick of the Delaware Court of Chancery voided the plan, agreeing with a shareholder who argued that Tesla’s board was too beholden to the company’s chief when it ...
The Timeline: Delaware Chancery Court Judge Kathaleen McCormick ruled in January that the pay package would be voided due to Tesla’s board being influenced by Musk when they adopted the plan.
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 ...
DOVER, Del. (AP) — A Delaware judge has reaffirmed her ruling that Tesla must revoke Elon Musk’s multibillion-dollar pay package Chancellor Kathaleen St. Jude McCormick on Monday denied a ...
A Delaware judge ruled on Monday that Tesla CEO Elon Musk still is not entitled to receive a $56 billion compensation package despite shareholders of the electric vehicle company voting in June to ...
The order by Chancellor Kathaleen McCormick of the Court of Chancery opens the 30-day window for an appeal to the Delaware Supreme Court. Musk and the board that approved the 2018 pay package can ...
Naples attorney Tom Grady is one of the lawyers representing Florida shareholders in Tesla who are appealing a judge's decision to block a record pay package for Elon Musk.
In “Musk Loses, Trial Lawyers Win” (Review & Outlook, Dec. 4), the editorial board makes the point that Delaware Court of Chancery Judge Kathaleen McCormick “based her ruling on a vague ...
In January, Delaware judge Kathaleen McCormick deemed the largest compensation plan in US history null and void, arguing that Musk had full control over Tesla and its board, leading to a ...