Law360 (May 3, 2021, 8:48 p.m. EDT) – The Chancellery Court on Monday allowed a limited breach of attorney-client privilege in a derivative shareholder lawsuit challenging Tesla Inc.’s approval of a potential $ 55 billion 10-year dollars compensation deal for company founder Elon Musk.
Speaking after an end-of-day teleconference, Vice-Chancellor Joseph R. Slights III ordered that all requested documents on the prize or its disclosure of which Musk was the source or recipient before the Tesla board of directors did ‘approved the deal in early 2018 to be shared with lawyers. for shareholders, including those who seek legal advice.
“These documents must be produced, and any privilege between an internal lawyer, an external lawyer …
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