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...The lawyers are members of the Delaware state bar association that customarily makes such proposals to update the state’s corporate law....
...The state-backed group is the second-largest developer by sales in China and is one of the companies that has helped build modern China....
...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”....
...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....
...Bainbridge said he believed Delaware’s willingness to harness Musk would buttress the state’s supremacy rather than threaten it....
...The state itself, obviously, Joe Biden, the current president of the United States, is the long time senator from Delaware. The DuPont chemical company is famously from Delaware....
...Specialised state and federal courts are not unusual in the US. But in business matters, Delaware and New York state law remain pre-eminent....
...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...
...“If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” Musk wrote on X on Wednesday....
...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?...
...Antony Blinken: The US secretary of state arrives in China for a three-day visit. Here’s what to expect from the visit....
...The next step should be for the New York State Senate finance committee to announce hearings on the proposed laws....
...It went on to say that it made sense for Tesla to incorporate in the Lone Star State because “Tesla is all-in on Texas” because Tesla is “intertwined with our Texas corporate headquarters.”...
...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 bigger picture is that Delaware chancery courts are there to make sure company boards and management are behaving appropriately....
...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....
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...The most closely watched race in California is to fill the US Senate seat vacated by the death of Democrat Dianne Feinstein....
...Netanyahu’s current coalition remains in power after the war begins to wind down, and continues to pursue dangerous and inflammatory policies that test existing US standards for assistance, then the United States...
...After the decision Musk posted on X, the social media platform he owns: “Never incorporate your company in the state of Delaware.”...
...But cases continue in state courts....
...Moreno defeated Matt Dolan, a more moderate state legislator who had received the endorsement of Mike DeWine, the state’s popular Republican governor who has at times been a pointed critic of Trump, as well...
...Though Maryland, which borders the nation’s capital, often leans left, Hogan was elected governor twice, spending eight years in the state’s top office until last year....
...He then appeared to freeze in two separate incidents speaking to reporters in the halls of Congress and in his home state of Kentucky....
...Following the decision, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
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