Cheniere Energy may face tough road in compensation fight

|About: Cheniere Energy, Inc (LNG)|By:, SA News Editor

Legal experts say Cheniere Energy (LNG +1.9%) executives could face a tough legal battle against shareholders who have taken action to try to force CEO Charif Souki to return more than $1.6B in compensation.

“It looks like a serious lawsuit,” says UofPenn corporate law professor William Bratton, adding that a legitimate challenge in the Delaware Court of Chancery will receive close scrutiny.