Does Revised Statute Abrogate Ruling Musk Pay Case?

The Weinberg Center was pleased to host a neutral forum to explore some of the most pressing debates in corporate law, focusing on Delaware’s role as a leader in corporate chartering and the ongoing discussions about proposed legislation that could alter judicial opinions.  A key issue that emerged from the panel discussion, co-hosted with Mayer Brown on February 24, 2025, was whether the recently proposed legislation might overturn the decision in the high-profile case that nullified Elon Musk’s multi-billion dollar pay package. During the panel, Professor Edward Rock offered an explanation as to why he believed the legislation wouldn’t reverse the ruling. In response, other professors engaged in a robust debate, dissecting and challenging his reasoning. The entire conversation unfolded on the LinkedIn page of Center Director, Lawrence Cunningham.