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...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...
...Musk’s international following has brought unprecedented attention to the once-niche topic of incorporation. Most Delaware watchers are, however, unworried....
...of Delaware,” he told his 171mn followers on his social network X....
...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...
...Damocles of asserted uncertainty over the heads of Delaware judges . . ,” he drily noted....
...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....
...Smart reads Pirate panic Security crises on the high seas are causing problems for the international economy, the Wall Street Journal writes....
...Read a transcript of this episode on FT.com...
...The company is asking shareholders again to vote in favour of Elon Musk’s 2018 pay package — the same one nullified earlier this year by the Delaware Court of Chancery....
...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.”...
...Since then, he has shifted incorporation of two of his companies away from Delaware — SpaceX to Texas, and Neuralink to Nevada....
...The lawyers who represented victorious Tesla shareholders may be in line for a record-breaking payout worth hundreds of millions, or even billions, of dollars after a Delaware court on Tuesday voided a $56bn...
...Delaware-incorporated companies are valued at $34tn in aggregate, so Tesla is 1.7 per cent of that total....
...It is extraordinary,” Charles Elson, a governance expert at the University of Delaware, told me this week....
...of its incorporation to Texas from Delaware and revealing plans to cut more than 10 per cent of its workforce — at least 14,000 jobs....
...company’s incorporation from Delaware to Texas....
...in Delaware....
...The order from the Delaware Court of Chancery on Tuesday sent Tesla shares down more than 4 per cent in after-market trading, dealing a blow to Musk as he seeks billions of dollars of investment for a new...
...His quant trading firm Susquehanna International Group owns roughly 15 per cent of the company, and the stake represents a significant chunk of his net worth....
...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....
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