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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...
...Read a transcript of this episode on FT.com...
...Musk, the world’s richest man, switched the incorporation of his brain-implant company Neuralink from Delaware to Nevada last week....
...Killian O’Donnell Cashel, County Galway, Ireland...
...Maria O’Donovan Clonakilty, County Cork, Ireland...
...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....
...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...
...“At the moment, I’m sheriff for only half the county . . . and my arsenal is weaker than other regulators....
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...The suit filed in Delaware district court on Thursday is the latest in a string of actions taken against Pfizer and BioNTech over their Comirnaty vaccine....
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...Counties, rural areas, and cities will undoubtedly reveal further differences. With a country the size of the US — which also has vast inequalities — national-level data can be a bit blinding....
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