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German economy
Scholz’s energy policies branded ‘toxic’ by German business chief
...Experts point to Volkswagen’s decision last year to build a new battery factory in the US and BASF’s €10bn investment in a state of the art petrochemicals plant in China, which coincides with big cuts at...
February 6, 2024
Tesla Inc
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...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...
April 17, 2024
FT Live
Future of the Car
The technology and new business models shaping the next decade in automotive
Tuesday, 7 MaySancroft, Paternoster Square, London EC4M 7DQ, UK
Due Diligence
Delaware fires back at corporate lawyers Premium content
...Damocles of asserted uncertainty over the heads of Delaware judges . . ,” he drily noted....
March 15, 2024
Due Diligence
M&A giants debate Elon Musk’s war on Delaware Premium content
...Collins Seitz Jr, the chief justice of the Delaware Supreme Court, tried to play statesman, noting the state is “not trying to win popularity contests” and that “Delaware has always persevered”....
March 8, 2024
The FT ViewThe editorial board
Delaware versus Elon Musk
...Delaware has been accused in the past of being over-friendly to boards; it now faces a fresh judicial challenge. The US tradition of legal competition among states is distinctive....
February 6, 2024
Elon Musk
Can Elon Musk derail Delaware?
...Bainbridge said he believed Delaware’s willingness to harness Musk would buttress the state’s supremacy rather than threaten it....
February 5, 2024
FT Live
Business of Art
Market shifts and future growth
Monday, 7 October180 Studios, London, UK
Transcript
Transcript: Why Elon Musk is breaking up with Delaware
...So Delaware is a relatively small state. It’s one of the 13 original colonies, I believe....
February 14, 2024
Inside BusinessSujeet Indap
Texas is throwing down a legal challenge to Delaware
...Delaware now dominates incorporations. Between franchise fees and a vibrant legal community, it is an important driver of the small state’s economy....
January 29, 2024
LexElon Musk
Elon Musk says Texas forever. Shareholders shouldn’t Premium content
...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....
April 17, 2024
Live news: Rishi Sunak attacks Liz Truss’s policies in move to distance government from former PM’s legacy
Tesla asks shareholders to approve move to Texas and ratify Musk’s pay
...Tesla has asked its shareholders to approve moving its state of incorporation from Delaware to Texas, fulfilling Elon Musk’s promise in February after a Delaware court voided his $56bn pay package....
April 17, 2024
Space Exploration Technologies Corp
Elon Musk to make another break with Delaware by moving SpaceX to Texas
...Elon Musk is to shift the incorporation of SpaceX from Delaware to Texas, seeking to further limit exposure to the state after a judge there shot down his $56bn pay package from Tesla last month....
February 15, 2024
Behind the Money podcast16 min listen
Why Elon Musk is breaking up with Delaware
...Soon after, Musk took to his social network X and offered some advice: “Never incorporate your company in the state of Delaware.” But will anyone take it?...
February 14, 2024
Due Diligence
Elon Musk gets squeezed in Delaware Premium content
..., a state-owned oil and natural gas group....
February 2, 2024
Cryptocurrencies
An almost convincing Delaware-crypto-filing scam
...A spokesperson for the Delaware Department of State said Tuesday that it has referred what appears to be a faked iShares filing to the state’s Department of Justice....
November 14, 2023
Tesla Inc
Tesla shareholders to vote on moving incorporation to Texas, says Musk
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
February 1, 2024
FT Live
Future of AI
Igniting a new era of innovation and investment
Wednesday, 6 NovemberLondon. UK
Due Diligence
Czech’s in the Royal Mail Premium content
...The committee “initially considered all US states as well as the possibility of incorporating outside of the US”, before drawing up a 10-state shortlist — California, Delaware, Florida, Maryland, Nevada,...
April 18, 2024
Elon Musk
Elon Musk shifts Neuralink’s incorporation to Nevada
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
February 9, 2024
News updates from February 1: Meta announces first ever dividend, Bank of England holds interest rates
Tesla shareholders to vote ‘immediately’ on moving incorporation to Texas, says Musk
...Following the decision, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
February 1, 2024
Tesla Inc
Winning lawyers in Musk pay dispute may make billions
...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...
January 31, 2024
Elon Musk
Lawyers in Musk pay case seek $6bn in Tesla shares
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
March 2, 2024
Tesla Inc
Tesla is five times bigger than all the public companies in Texas
...The billionaire posted his comments about shifting to the state where Tesla’s physical headquarters are located following the ruling this week by Kathaleen McCormick, a judge in the Delaware Court of Chancery...
February 1, 2024
Tefaf Maastricht 2024
Battle to keep sculpture in Britain highlights European museums’ struggles
...For 40 years, a 12th-century walrus-ivory carving on loan to the V&A in London has captured the imagination of museum visitors....
March 2, 2024
Due Diligence
Carl Icahn, a Texas lawyer and a bottle of vodka Premium content
...On X, the social media platform that a Delaware court basically compelled him to buy for $44bn in 2022, the billionaire wrote: “Never incorporate your company in the state of Delaware.”...
January 31, 2024
News updates from January 22: US and UK launch new strikes at Houthis, Arnault to tap sons to LVMH board
Terraform files for bankruptcy protection as co-founder Do Kwon awaits SEC trial
...Terraform Labs, the company behind the $40bn collapse of TerraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware as its co-founder Do Kwon faces a civil trial...
January 22, 2024
John Gapper
Tesla’s board took a holiday from managing Elon Musk
...The ruling came from a small court that oversees most large US public companies, thanks to so many of them being incorporated in the state....
February 2, 2024

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