Delaware Supreme Court Allows Law Professors’ Briefs Arguing Musk Compensation Decision Should Be Upheld

The Delaware Supreme Court has agreed to consider two amicus briefs from law professors who argue the court shouldn’t overturn the Court of Chancery decision that rescinded Elon Musk’s compensation package at Tesla.

The briefs, which the court on Monday entered orders granting leave to file, are two of eight amicus briefs that have been entered in the appeal, which was filed in January and has not yet been scheduled for argument. The other six, approved last month, all support Tesla and Musk, who are asking the Supreme Court to reverse the decision to avoid infringing on shareholders’ rights.

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