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”
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Austin, Texas — Coinbase Global Inc. is changing its state of incorporation from Delaware to Texas, a move that signals how the center of U.S. corporate law is starting to shift away from its traditional home. The company announced the decision in a filing with the Securities and Exchange Commission on Wednesday. The change gives … Continue reading “Coinbase Ends Delaware Charter, Registers in Texas Under Revised Corporate Laws – iShook Finance”