Lawyers who sued to void Musk's Tesla pay package less likely to receive 'windfall' fees
The team of lawyers who sued to void Tesla CEO Elon Musk's $56 billion pay package have requested $6 billion in legal fees for their work, but their request may run afoul of a new court ruling that discourages judges from awarding "windfalls" in legal fees. Chancellor Kathaleen McCormick of the Delaware Court of Chancery is currently weighing the legal team's $6 billion fee request as well as whether Tesla shareholders' vote to reinstate Musk's pay package, which McCormick voided in January, was sufficient ...