The Delaware Chancery Court invalidated a substantial equity award to Elon Musk – the largest in history. It applied the entire fairness test instead of the more deferential business judgment rule, finding that Musk...more
2/15/2024
/ Board of Directors ,
Breach of Duty ,
Business Judgment Rule ,
Compensation Committee ,
Disclosure Requirements ,
EBITDA ,
Elon Musk ,
Entire Fairness Standard ,
Equity Compensation ,
Executive Compensation ,
Fiduciary Duty ,
Majority Shareholders ,
Shareholders ,
Tesla
The COVID-19 pandemic has created significant disruption in the financial performance of businesses across the globe, creating real challenges for compensation programs maintained by both public and private U.S. companies....more
3/18/2020
/ Board of Directors ,
Compensation & Benefits ,
Compensation Committee ,
Coronavirus/COVID-19 ,
Corporate Governance ,
Executive Compensation ,
Incentive Compensation ,
Privately Held Corporations ,
Publicly-Traded Companies ,
Shareholders ,
Strategic Planning