About this episode

Greg Varallo discusses the implications of the Tornetta v. Musk case and the future of Delaware corporate law with Professor J.W. Verret.

Greg Varallo built one of Delaware’s most respected corporate defense practices over 36 years at Richards, Layton & Finger before crossing to BLB&G’s plaintiff side in 2019. He served as lead trial counsel in Tornetta v. Musk, the largest executive compensation case ever litigated. In December 2025, the Delaware Supreme Court affirmed liability but reversed the $55.8 billion rescission. Greg joins Professor J.W. Verret to walk through Tornetta in chapters, unpack what SB 21 means after Rutledge, and preview his forthcoming article on Delaware’s path forward.

People in this episode

Host: J.W. Verret

Guest: Greg Varallo

Topics covered

• corporate law
• executive compensation
• Delaware Supreme Court
• Tornetta v. Musk
• legal practice
• corporate defense

Keywords

• Tornetta v. Musk
• Delaware corporate law
• executive compensation
• Greg Varallo
• J.W. Verret
• SB 21
• Rutledge
• Delaware Supreme Court

Mentioned in this episode

Organizations: Richards, Layton & Finger, BLB&G

Books & works: SB 21, Rutledge

Places: Delaware

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