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The Chancery Daily and 99 others
@chancery_daily
Elon Musk's Tesla compensation runs November 14th-18th. All the links are below to follow along! If you want to support our work, find all the ways here: chancery.ink/merch chancery.ink/m/links chancery.ink/stack 💓
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The Chancery Daily and 99 others
@chancery_daily
Trial has arrived! 🥳 Tornetta v. Elon Musk — aka the $TSLA Tesla compensation trial in front of Chancellor McCormick & we start at 9:15am! ⏰ You can listen live or follow here for updates throughout the day as I provide the high-level play-by-play of what's happening. ⤵️ 1/
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The Chancery Daily and 99 others
@chancery_daily
here's day 4! one more tomorrow, then we're off the case until post-trial briefs and post-trial argument! what shall we pick up next? 👀
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The Chancery Daily and 99 others
@chancery_daily
It’s Day 4 of the Tornetta v. Musk compensation trial, and we’ll pick back up with more expert testimony. Hopefully we can get @ProfEricTalley to carry some of the quant water with his expertise. Almost time to tune in! 1/
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J.R.
@NotALib33
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@chancery_daily
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@BennettTomlin@mstdn.social
@BennettTomlin
So the FTX Bankruptcy filing points out that no one besides the founders owned more than 5%, but CZ used to own 9.35% of the West Realm Shires part and Binance Capital Management owned 19.8% of FTX Trading. CZ was deep into FTX:
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West Realm Shires Services Inc. - owned 100% by West Realm Shires Inc. West Realm Shires Inc. • Samuel Bankman-Fried (57.6%) • Zixiao (Gary) Wang (18.4%) • Nishad Singh (4%) • Changpeng Zhao (9.35%) • Dinghua Xiao (5.33%) • Samuel Wenjun Lim (5%) FTX Trading Ltd • Paper Bird Inc. (owned 100% by Sam Bankman-Fried) (79.2%) • Binance Capital Management Co. Ltd (19.8%) • Two other parties (1.0%)