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The Latest Breaking News from Delaware

Who is Richard Tornetta, the heavy metal drummer who may cost Elon Musk $56 billion

In a stunning legal upset, Elon Musk, the visionary behind Tesla, faced one of the heftiest legal defeats in US corporate history. A Delaware court axed Musk's whopping $56 billion compensation package, a decision steered by an unlikely figure: Richard Tornetta, a former heavy metal drummer with a modest nine-share…

The Times of India

Tesla Shareholders to Vote on Moving Legal Home to Texas

Learn about Tesla CEO Elon Musk's plan to move the company's legal home to Texas and the shareholder vote that will determine its future.

Top News

Elon Musk acts to move Tesla legal base to Texas after pay package ruling

Tycoon announces shareholder vote on relocating after judge strikes down $56bn pay package as ‘unfathomable’

The Guardian - UK

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Elon Musk's Billionaire Crown Shaken After Judge Voids His Tesla Pay Package

Tesla shareholder Richard Tornetta sued Tesla and Elon Musk over a pay plan which he claims was "beyond the bounds of reasonable judgement".

International Business Times UK

Three cheers for the Delaware judge who stood up to Elon Musk

At last: a judgment that injects a dose of sanity into the process of handing out executive rewards

The Guardian - UK

Elon Musk cannot keep Tesla pay package worth more than $55 billion, judge rules

Elon Musk is not entitled to landmark compensation package awarded by Tesla's board of directors that is potentially worth more than $55 billion, a Delaware judge ruled Tuesday.

WEKU

Delaware court rules against Elon Musk's billion Tesla pay package

Delaware court rules against Elon Musk's billion Tesla pay package, highlighting shareholder concerns over excessive compensation and lack of board con...

Top News

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Measles and tuberculosis cases surge, border concerns grow

Learn about the recent cases of measles in Philadelphia, New Jersey, and Delaware, caused by unvaccinated travelers, and the concern over the surge in tube...

Top News

Governors issued 1,514 executive orders last year—fewer than in 2022

Welcome to the Tuesday, January 16, Brew.

Ballotpedia

State supreme courts issue 6,722 opinions in 2023, fewer than 2022 and 2021

State supreme courts issued 6,722 opinions in 2023. The Supreme Court of Appeals of West Virginia led the field with 528 opinions issued, followed by Texas with 446 and Delaware with 435.

Ballotpedia

Another life was just saved by an Apple Watch — A student suffering from carbon monoxide poisoning managed to get help just in time thanks to speedy SOS call feature

A Delaware student was saved from carbon monoxide poisoning by a last-minute interaction with her Apple Watch.

iMore

'There Were 70 PGA Tour Players There And They Thought Only 25 Or 30 Of Them Were Good Enough For That Meeting? Bit Of A Slap In The Face' - Mackenzie Hughes On Delaware Meeting, LIV Golf And Money

Mackenzie Hughes discussed not being invited to the 2022 Delaware players meeting as well as the state of the game

Golf Monthly

Biden's Motorcade Hit in Rain, Unintended Crash Shocks Wilmington

Unprecedented video surfaces showing a car colliding with President Biden's motorcade during a stormy night in Delaware. No malicious intent suspected.

Top News

Man charged with DUI after slamming car into Biden’s presidential motorcade

James Cooper, 46, from Wilmington, Delaware, was charged with driving a vehicle under the influence and inattentive driving

The Independent UK

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The Guardian - US

Joe Biden unharmed as vehicle collides with presidential motorcade

Secret Service indicate collision was accident in rainy conditions as president left campaign HQ in Delaware

The Independent UK

Joe Biden whisked to safety by Secret Service as car slams into motorcade

Biden was emerging from his Delaware campaign headquarters when the car ploughed into an SUV guarding his motorcade

The Independent UK

Berkshire can't use bribery allegations against Haslam in Pilot truck stop chain accounting dispute

A Delaware judge says Warren Buffett’s Berkshire Hathaway will not be allowed to use allegations that billionaire Jimmy Haslam tried to bribe employees at the Pilot truck stop chain as Berkshire defends itself in a trial over Pilot’s accounting practices

International Business Times

FTX Warns Of Potential Delay In Customers' Compensation Amid IRS' $24B Tax Claim

FTX, in its filing to a Delaware court, called the IRS' tax claim "meritless."

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The Independent UK

Missing laptops, gun charges and skipped taxes: Hunter Biden’s history of legal wranglings

Congressional Republicans have used Hunter Biden’s legal problems, past drug use, and foreign business dealings to open an impeachment inquiry into the president, despite no evidence supporting any links to the elder Biden, Gustaf Kilander writes

The Guardian - US

Hunter Biden lawyer accuses prosecutors of ‘bowing to Republican pressure’

Abbe Lowell says if client’s ‘last name was anything other than Biden, the charges would not have been been brought’

The Guardian - US

Hunter Biden indicted on tax charges in California in new criminal case

Charges come in addition to federal firearms charges and intensify pressure on president’s son ahead of 2024 election

France 24

Hunter Biden indicted on nine federal tax evasion charges in California

Hunter Biden was indicted on nine tax charges in California on Thursday as a special counsel investigation into the business dealings of the president's son intensifies against the backdrop of the looming 2024 election.

The Independent UK

Hunter Biden hit with new criminal charges by Department of Justice

President’s son is already facing gun charges in Delaware

Kiplinger

11 Reasons to Consider a 1031 Exchange

Deferring capital gains taxes might be at the top of the list, but growing your portfolio and your wealth and helping with estate planning are also compelling reasons.

Ballotpedia

State supreme courts issue 108 opinions from Nov. 20-26

State supreme courts issued 108 opinions from Nov. 20-26. The Pennsylvania Supreme Court led the field with 25 opinions issued, followed by New York with 18 and North Dakota with 12. Last week’s 108 opinions account for 2% of the year-to-date total of 6,079. The Supreme Court of Appeals of…

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