Bloomberg Law

SCOTUS May Gut Voting Rights Act & Elon Musk Pay Package

15 snips
Oct 15, 2025
Supreme Court reporter Greg Stohr shares insights on the potential limitations the Court's conservative justices may impose on race-based electoral districts, raising fears over the future of the Voting Rights Act. Meanwhile, Columbia Law School professor Eric Talley analyzes the complexities of Elon Musk's controversial $55 billion pay package litigation, considering fiduciary duties and the impact of shareholder votes. The discussion highlights the intertwining of legal decisions with political consequences, particularly as they relate to upcoming elections.
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INSIGHT

Political Stakes And Court Legitimacy

  • Overturning Section 2 could advantage Republicans by eliminating some majority-minority districts in Republican-run states.
  • Stohr notes the political implications and court legitimacy concerns were raised during argument.
ADVICE

Watch Three Key Issues In Musk Appeal

  • Delaware Supreme Court will consider breach findings, the rescission remedy, and the effect of a June 2024 shareholder vote.
  • Eric Talley recommends watching which of these three points the court focuses on for likely reversal grounds.
INSIGHT

Rescission Without Restitution Creates Gap

  • Chancellor McCormick rescinded Musk's package but did not set an alternative restitution amount, leaving Musk unpaid for years.
  • Talley says appellants' strongest argument targets that remedy gap rather than the underlying liability finding.
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