This Week in Chancery Court: Musk, Sears Hometown, and JPMorgan

Feb. 21, 2023, 10:45 AM UTC

Elon Musk’s unprecedented $55 billion compensation package at Tesla Inc. will get another look from a Delaware judge this week.

Musk testified in Delaware’s Chancery Court last year that he played no role in the pay deal at the electric-car company, and that he was focusing most of his time on reorganizing Twitter Inc.

Here’s a look at what else is on the court’s calendar:

Tuesday: Tornetta v. Musk, Del. Ch., No. 2018-0408, post-trial arguments on 2/21/23.

At issue: A shareholder’s lawsuit claims Tesla’s board failed to exercise independence from Musk as it drew up the 2018 pay ...

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