Future Fund Managing Partner Gary Black has criticized two Delaware judges for allegedly overstepping their roles in a recent Tesla Inc. (NASDAQ:TSLA) case.
What Happened: Black took to social media platform X to express his disapproval of the actions of Delaware Chancellor Kathaleen McCormick and Vice Chancellor Travis Laster. He accused the judges of using their decisions to bypass the law, a role that does not fall under their purview.
“Judges are appointed to adjudicate the law, not make the law. DE Chancellor McCormick and Vice Chancellor Laster are using their decisions to overcome the law – which is not their roles [sic],” Black said
The case in question is related to the Delaware Senate Bill 313, which is being debated for its appropriateness in response to the judges’ decisions. The bill, allegedly aimed at restraining judicial activism, was approved by a 34-7 margin.
“The DE general assembly decided by a 34-7 margin it was appropriate to try to restrain what amounts to judicial activism by McCormick and Laster in recent decisions, which includes Tornetta vs Musk,” Black said.
Black highlights comments that were made by former Delaware Chancellor William Chandler, who served from 1997 to 2011. According to Black, Chandler also criticized the judges for their actions.