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Tag: court

Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead

The Delaware Supreme Court made its ruling in the fight over Tesla CEO Elon Musk’s $55 billion pay package from 2018, reversing the Court of Chancery’s decision and reinstating the pay package. But the Court still penalized Musk $1 plus attorney’s fees due to the award’s unfairness. The ruling is the latest and likely last … Continue reading “Delaware Court reinstates Musk’s $55B pay package, penalizes him $1 instead”

Berkeley’s gas ban was blocked in court. Now a new plan has emerged.

Community members gathered more than 4,500 signatures to get the proposed gas tax on the ballot, which officially qualified at the end of May. The tax would charge large building owners $2.96 for every 100 cubic feet or 100,000 BTUs of natural gas used, a value based on the social cost of carbon, which estimates the … Continue reading “Berkeley’s gas ban was blocked in court. Now a new plan has emerged.”