Simpson Thacher Attorneys Author Article on Delaware Supreme Court Reversal of Recission of Elon Musk’s 2018 Compensation Grant
Litigation Partners Stephen Blake, Michael Garvey, Meredith Karp, Peter Kazanoff, Laura Lin, Craig Waldman and Jonathan Youngwood authored an article titled, “Delaware Supreme Court Reverses Recission of Elon Musk’s 2018 Compensation Grant,” which was published by Wolters Kluwer Insights: The Corporate & Securities Law Advisor. The article discussed the Delaware Supreme Court reversal of a Court of Chancery decision that rescinded Elon Musk’s $100 billion+ 2018 equity compensation package. The article detailed the background and procedural history of the case, as well as how the Court of Chancery’s recission was improper because the status quo ante was neither possible nor equitable.
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