4 ms·
>The $735 million settlement will be paid back to Tesla in what's called a "derivative lawsuit" — the largest ever awarded by Delaware's Court of Chancerty, acc
by moralestapia 3y ago
>The $735 million settlement will be paid back to Tesla in what's called a "derivative lawsuit" — the largest ever awarded by Delaware's Court of Chancerty, according to Reuters.
Musk is really making a good impression there, lol.
- agentgumshoe 3y agoWell I suppose he can pay out the arbitration a bit easier now...
- freeone3000 3y agoAs an investor, I am happy about this outcome. It’s more money in the company and less money for its employees — always a good thing.
- tibbydudeza 3y agoLove that name - Court of Chancerty - second time they did this - did they not enforce the Twitter buy offer against Elon ???.
- peterfirefly 3y agohttps://en.wikipedia.org/wiki/Court_of_Chancery https://en.wikipedia.org/wiki/Court_of_Chancery Derived from the word Chancellor.
- moralestapia 3y ago>did they not enforce the Twitter buy offer against Elon They did, I wouldn't be surprised if it was the same judge, lol. The lesson here is that DE's Court of Chancery doesn't fool around.