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Pension Funds Lead in Corporate Cases, Enhancing Big Fee Demands

A lone investor with just nine shares in Tesla Inc. led the fight over Elon Musk’s $56 billion pay package, but high-stakes cases at the Delaware Chancery Court are far more likely to be brought by those with much larger investments: pension funds.

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Meet the Delaware judge who keeps foiling Elon Musk

Meet the Delaware judge who keeps foiling Elon Musk

Few people in the world have the power to order around Elon Musk. One of them is a soft-spoken, small-town-raised, 44-year-old Delaware judge named Kathaleen McCormick. When the planet’s richest person tried to back out of buying Twitter in 2022, it was McCormick who stood in the way, taking a no-nonsense approach to a lawsuit that ended with Musk backing down and completing the deal. And last month, it was McCormick who issued a landmark ruling against Musk in a Tesla shareholder lawsuit that c