This blog posting represents the views of the author, David Fosberry. Those opinions may change over time. They do not constitute an expert legal or financial opinion.

If you have comments on this blog posting, please email me .

The Opinion Blog is organised by threads, so each post is identified by a thread number ("Major" index) and a post number ("Minor" index). If you want to view the index of blogs, click here to download it as an Excel spreadsheet.

Click here to see the whole Opinion Blog.

To view, save, share or refer to a particular blog post, use the link in that post (below/right, where it says "Show only this post").

Hypocritical Lawyers Wanted $5.6 billion For Blocking Elon Musk’s $100 billion Pay Package!

Posted on 8th December 2024

Show only this post
Show all posts in this thread (Business Ethics).

Fortune reports that the lawyers who successfully prevented Elon Musk from getting his approximately $100 billion pay deal in a Delaware court wanted $5.6 billion for winning the case.

This is the height of hypocrisy; arguing that Elon Musk's pay expectation were excessive and greedy, and the turning around and doing exactly the same.

The judge in the case, however, reduced the lawyers' payout to $345 million (in cash or Tesla shares), which is still a lot of money for one case.