Rescission of Elon’s comp package stands. No soup for Elon. courts.delaware.gov/Opinions/Dow... - ThreadSky

chancerydaily.bsky.social • 124 days ago

Rescission of Elon’s comp package stands.

No soup for Elon.

https://courts.delaware.gov/Opinions/Download.aspx?id=372420

Comments

wilkos.bsky.social•62 days ago

chancerydaily.bsky.social•62 days ago

We're all paying the price of Delaware having integrity right now.

esghound.com•124 days ago

There are a ton of bangers in there

chancerydaily.bsky.social•124 days ago

It's absolutely loaded.

lawnerd.bsky.social•124 days ago

Tfw you know a footnote the size of the chicxulub impactor is about to strike

chancerydaily.bsky.social•124 days ago

😂😂😂😂😂

esghound.com•124 days ago

you can say so much by just putting the facts in a particular order

madamehardy.bsky.social•62 days ago

I adored "a bold ask".

agusnox.bsky.social•124 days ago

How’s the Delaware Supreme Court?

Serious people or a bunch of political choads?

skyywise.bsky.social•124 days ago

More than anything else, the Delaware Supreme Court will act to protect the institution and supremacy of Delaware in Corporate Law & Governance.

coloradotravis.bsky.social•124 days ago

Fuck yes.

1loafofmeat.bsky.social•124 days ago

That is a very expensive soup... Must me made with truffles or the tears of Tesla bulls...
In your opinion, what happens next?

chancerydaily.bsky.social•124 days ago

appeal to the Delaware Supreme Court is basically guaranteed

1loafofmeat.bsky.social•124 days ago

Yeah.
Looking forward to your highlights from the decision!

lessdismalsci.bsky.social•124 days ago

The US is gonna invade Delaware

chancerydaily.bsky.social•124 days ago

😭😭😭😭😭

firthermor.bsky.social•124 days ago

D(SIC)OGE is going to be zeroing out any federal funds that would be going to Delaware.

toddcorley.bsky.social•124 days ago

May he EAT CAKE

sthomas451.bsky.social•62 days ago

It's cool, he has the keys to Treasury now

chancerydaily.bsky.social•62 days ago

oh nice

isoughtajam.bsky.social•62 days ago

only soup cans

agusnox.bsky.social•124 days ago

All this from a guy with 9 shares

mrkd26.bsky.social•124 days ago

texas-ip-lawyer.bsky.social•124 days ago

Mamma mia, that's-a spicy Opinion

thefaisalalam.bsky.social•124 days ago

Can't wait to read, but should we expect an appeal and this getting dragged out for another year?

chancerydaily.bsky.social•124 days ago

Yes, there will be an appeal.

jenonymous.bsky.social•124 days ago

Unpleasantly surprised to see my old firm working for Musk now.

sunnycorax.bsky.social•124 days ago

Been waiting for this. Gonna be a fun read.

nhegday.bsky.social•124 days ago

He doesn’t need soup. He now has cake after buying America.

suzieqq.bsky.social•124 days ago

Hell has risen.
Elon is gonna appeal all the way to the Supreme Court.
And we all know how that will work out.
SMDH.
In my lifetime/experience, I never in a million years thought, I would be living in a day/nightmare.

oldhoundderby.bsky.social•124 days ago

Elon is going to be raging over this... and I'm hear for it!

fermissocks.bsky.social•124 days ago

kathryntewson.bsky.social•124 days ago

putting the “douche” in “fiduciary”

mkwun.bsky.social•62 days ago

no more soup, true, but that boy has way too much soup already

hippiepappa.bsky.social•110 days ago

He was just trying to strike Tesla before its financial collapse. It’s broke and owes more than its cash reserves so he wanted to strip the cash.

They can’t sell cars, have dropped price, SpaceX is in trouble as well.

He’s just a corporate raider.

jeanette73.bsky.social•62 days ago

What does it matter when he has the entire US treasury at his disposal

durzolint.bsky.social•62 days ago

“…their unprecedented theories go against multiple strains of settled law” I presume is legalese for “it was a bunch of bullshit”?

durzolint.bsky.social•62 days ago

Oh sorry did not realize this was 2 months old 😅

dascoochie.bsky.social•124 days ago

“The defendants make additional arguments but this decision is already too long”

batterystaple51.bsky.social•124 days ago

saw the news notification and went straight to your page here. is it over finally?

chancerydaily.bsky.social•124 days ago

It will technically be appealed to the Delaware Supreme Court now, surely.

resultsovercoffee.bsky.social•124 days ago

Does Delaware SC operate with the same speed as Delaware Court of Chancery or will this drag out for a few years?

chancerydaily.bsky.social•124 days ago

It will be 3-9 months, could easily go 12 if the parties delay.

resultsovercoffee.bsky.social•124 days ago

Meanwhile no stock goes to Elon and doing an in-the-money grant would be increasly spendy...

whetstone.bsky.social•124 days ago

My enormous thanks-to-you vicarious crush on KSJM makes me believe that she will not be overturned.

chancerydaily.bsky.social•124 days ago

The law here is rock solid, this was their moon shot.

whetstone.bsky.social•124 days ago

I wouldn't like her as much if she were petty, which is what would have been required to grant the full award plaintiffs requested. So this is not *maximum* schadenfreude. Just clawing the stock back and paying out 300-something-million will have to do.

whetstone.bsky.social•124 days ago

Also: I followed you to Mastodon but not to Threads, and I missed you! So, so glad to see you here.

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