This Week in Chancery Court: Musk, Qualtrics, DraftKings (1)

July 8, 2024, 8:45 AM UTCUpdated: July 8, 2024, 12:30 PM UTC

A Delaware Chancery Court judge will hear arguments on a request to award billions in Tesla stock to the lawyers who brought the case that voided Elon Musk‘s $56 billion pay package.

Here’s what else is happening in court this week:

Monday: Tornetta v. Musk, Del. Ch., No. 2018-0408, hearing 7/8/24.

At issue: Chancellor Kathaleen St. J. McCormick will hear arguments about an unusual attorney fee award application: the lawyers for a Tesla Inc. investor who persuaded her to reject Musk’s $56 billion pay package want their legal fees paid in company stock. The shares are worth roughly ...

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