Process still matters. That’s the main takeaway from the Delaware Court of Chancery’s 200-page opinion striking down Tesla’s 2018 incentive package awarded to Elon Musk. The court rescinded the ...

Retaining key management at a distressed company in the midst of an out-of-court restructuring can be necessary for the success of the restructuring. To realign incentives, private credit lenders need ...

About 35% of Americans think tipping culture has gotten out of control—a five percentage point increase from last year—and slightly less than two-thirds have some negative perception of tipping, a new ...