The issue before the Supreme Court in this matter centered on a Court of Chancery decision arising from a 2011 acquisition by MacAndrews & Forbes Holdings, Inc. (M&F), a 43% stockholder in M&F Worldwide Corp (MFW), of the remaining common stock of MFW. M&F’s proposal to take MFW private was made contingent upon two procedural conditions. Appellants initially sought to enjoin the transaction. They withdrew their request for injunctive relief after taking expedited discovery, including severa...| Justia Law
Tesla's Board is attempting to award Musk compensation that is obscenely unfair, using a proxy statement prepared with a flawed process and containing egregiously inadequate disclosures.| montanaskeptic.substack.com
Legally, the only clear course was to create a new stock options grant for Musk. Yet the Tesla board is trying to revive the old one. Let's explore why.| montanaskeptic.substack.com
Tesla’s biggest retail shareholder, Leo Koguan, confirmed that he is voting against Elon Musk’s $55 billion package and the re-election...| Electrek