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A comment on How China Built BYD, Its Tesla Killer. Parent comment

Re:How China Built BYD, Its Tesla Killer by JumpCrisscross on Sunday February 18, 2024 @06:45PM (#39424740)
> was thrown out purely on the grounds that the judge didn't like it

It was thrown out for technical but super legal reasons stemming from the Board’s lack of independence. Delaware judges don’t get to review pay packages approved by competently-run Boards.

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Re:How China Built BYD, Its Tesla Killer by thaumasiotes on Sunday February 18, 2024 @10:05PM (#39425868)
The pay package wasn't determined by the Board. It was approved by them, sure. But they didn't set it. Why would it matter whether they had any independence?

If lack of independence is grounds for annulling the pay package, it's also grounds for annulling every other decision the Board ever approved. (It's the same Board!) That wasn't suggested; the grounds for annulling the pay package are different.

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Re:How China Built BYD, Its Tesla Killer by nikau on Sunday February 18, 2024 @11:08PM (#39426157)
They set the upper limit, same thing
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