The Latest Breaking News from Kathaleen McCormick

Elon Musk appeals a court ruling that rescinded his $56 billion Tesla pay package, arguing the decision was unfair and legally flawed.

With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling stockholders as the state scrambles to protect its $2 billion legal economy.

Defendants who lose at trial can’t just “hit reset” with a new stockholder vote, the chancellor concluded.

The craven stance of Tesla’s board should not be lost in the legal back-and-forth

The pay plan, now worth over $100 billion, was the largest proposed for any public CEO in U.S. history

Remember Elon Musk's $56 billion payday? I know what you're thinking: not this news again. But, yes, this news again—Musk's multi-billion-dollar pay package is once again a topic of debate. More than five months after it fell off the news cycle, things aren't looking great for ol' Elon despite the…

After Elon Musk’s CEO pay package, currently worth over $100 billion in stock, was struck down once more, Tesla will argue its case before the state’s supreme court.

Kathaleen McCormick in Delaware rules Musk not entitled to vast sum despite Tesla shareholders voting to reinstate it

A US judge on Monday upheld her decision to reject Elon Musk's massive $55.8 billion compensation package at Tesla, denying an attempt to restore the pay deal through a shareholder vote.