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...On Thursday, March 28, a group of powerful Delaware lawyers put in motion a plan to make a series of changes to the state’s eminent corporate code, known as the Delaware General Corporation Law....
...Damocles of asserted uncertainty over the heads of Delaware judges . . ,” he drily noted....
...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”....
...Elon Musk’s $55bn pay package from Tesla has been voided by a Delaware judge, who ruled that the unprecedented compensation was improperly approved by the automaker’s board of directors and had short-changed...
...I’m talking about Delaware. Sujeet Indap Of the 470 public companies in the Fortune 500, more than 300 of them are incorporated in Delaware, in the likes of Disney or Amazon or Google, Microsoft....
...of Delaware,” he told his 171mn followers on his social network X....
...“After ‘investment banker’, ‘independent director of a Delaware public company’ is the safest job in M&A,” Leo Strine, former chief justice of the Delaware Supreme Court, liked to quip....
...One vice-chancellor of the Delaware Court of Chancery, perhaps surprisingly, welcomed the competition when asked by the Financial Times, citing how much work he had....
...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...
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...Musk, the world’s richest man, switched the incorporation of his brain-implant company Neuralink from Delaware to Nevada last week....
...The bigger picture is that Delaware chancery courts are there to make sure company boards and management are behaving appropriately....
...Handler’s breach of contract claims against Centerview over back pay and equity remain pending in the Delaware court....
...Sir Declan MorganChief Commissioner, ICRIR, Belfast, UK...
...Ng Teck Hean High Commissioner, Republic of Singapore London SW1, UK...
...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....
...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....
...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....
...The immediate fate of 72,000 of them lies with a judge in Delaware who, after a hearing in January, is expected to announce within weeks whether to admit plaintiffs’ scientific evidence alleging that the...
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...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...
...Alongside digital and communications problems, the commissioner cited recruitment and infrastructure as the two biggest challenges for the Bundeswehr....
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