Hints and tips:
...“Insider sales by high-level execs of large amounts of stock are never a good sign, it’s quite simple,” said Elson from the University of Delaware....
...another Delaware entity called SV America Inc....
...Still, Delaware, Inc is going to have to decide whether its brand should be based on being an even-handed, dispassionate system or something more corporate-friendly, designed to keep up in a regulatory race...
...Expert as Musk is at disruption, Delaware’s incumbency will be hard to dislodge....
...Tesla has asked its shareholders to approve moving its state of incorporation from Delaware to Texas, fulfilling chief executive Elon Musk’s promise in February after a Delaware court voided his $56bn pay...
...Most Delaware watchers are, however, unworried....
...Amid New Orleans festivities, rainmakers wonder if the party is over for Delaware Delaware, Inc. may be the enterprise now under the most intense activist threat....
...A Delaware court recently struck down Elon Musk’s $56 billion Tesla pay package....
...Texas corporate law, it says, leans on Delaware doctrines and will not impede shareholder rights....
...The bigger picture is that Delaware chancery courts are there to make sure company boards and management are behaving appropriately....
...Per Bloomberg: Apollo Global Management Inc bet on the longevity of senior citizens by acquiring illegal life insurance policies and funneling the payouts through shell entities, according to a new lawsuit...
...Investor concerns around whether Elon Musk was ‘all in’ on Tesla have been weighing heavily on the stock since the compensation package was rejected by Delaware judge....
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...If granted by the Delaware court, Bernstein would be among the 10 largest shareholders of the company....
...But Bernstein’s Varallo vigorously defended Delaware as a fair venue for both shareholders and companies....
...Delaware-incorporated companies are valued at $34tn in aggregate, so Tesla is 1.7 per cent of that total....
...Texas last year created its own business court, although it has a long way to go to rival Delaware....
...Musk is also seeking to change the company’s state of incorporation to Texas, partly in protest at a Delaware court decision to void a $56bn pay package he was awarded in 2018....
...Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented remuneration was improperly approved by the electric-car maker’s board of directors and had...
...The Delaware court decided that Musk “controlled” Tesla even with just a 20 per cent stake in 2018....
...The latest NHTSA ruling caps a week that has seen the role of Tesla’s board come into greater focus after a Delaware court struck down chief executive Elon Musk’s record pay package....
...The Delaware court agreed with the plaintiff that Musk “controlled” Tesla even with just a 20 per cent stake in 2018....
...Investors, who are already digesting a steadily falling share price, disappointing sales figures, and a contentious plan to move company headquarters from Delaware to Texas, face another conundrum: whether...
...A trial in a Delaware court was expected to start on Monday....
...former top investment banker at Centerview Partners did not strike a valid agreement to become a full-fledged partner at the elite advisory firm during a restaurant meeting held more than a decade ago, a Delaware...
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