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On the face of it, this seems like the board and the law firm both violated their fiduciary responsibilities. It also seems like Musk's primary claim should be
by JohnnyHerz 3y ago
On the face of it, this seems like the board and the law firm both violated their fiduciary responsibilities. It also seems like Musk's primary claim should be pointed at the board; but Wachtell Lipton is gonna have a hard time explaining invoices that don't describe the work performed, that is going to be a slam dunk for Musk.
My money says the board's insurance policy and Wachtell Lipton will almost certainly settle this for some tidy but undisclosed sum. claw backs are a b!+@h.