On March 18, 2025, WLF asked the Delaware Supreme Court to reverse a Chancery Court decision that cancelled Elon Musk’s compensation package for Tesla—even after 72% of Tesla’s shareholders ratified that compensation package. In its amicus brief urging reversal, WLF argues that affirming the lower court’s cramped view of shareholder ratification would curtail shareholder democracy, invite wasteful litigation, dampen innovation, and harm Delaware’s business climate. WLF’s brief also explores the shortcomings of judicial second-guessing of business judgments. The brief was filed with pro bono assistance from Rebecca Butcher of Landis Rath & Cobb LLP in Wilmington, Delaware.
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