Hints and tips:
Related Special Reports
...In a statement, IRL, which remains incorporated under Delaware law, said there were “ongoing government investigations into the actions of Shafi and his family members” and that after months of review it...
...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....
...But Elliott insiders note that the address in question — 1209 North Orange Street in the US state of Delaware — is home to the Corporation Trust Center, where more than 250,000 companies are registered....
...“If your company is still incorporated in Delaware, I recommend moving to another state as soon as possible,” Musk wrote on X on Wednesday....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...It became a little less predictable. And that’s what inspired his posts on X aimed at Delaware. But Musk didn’t stop there....
...A high-profile lawsuit involving the online dating site Match Group that is pending in front of the Delaware Supreme Court may end up easing the requirements to pass legal muster on such conflicted deals...
...Here, per MainFT, is the latest thing: Elon Musk has said Tesla will “immediately” hold an investor vote on whether to move its corporate registration to Texas, after a court judgment in Delaware voided...
...Nor did it file in Delaware, where most of its entities are incorporated....
...Lawyer fee awards have become a hot topic in courts in Delaware, where more than 300 S&P 500 companies are incorporated....
...As to negotiating in a disciplined fashion on behalf of Tesla and other shareholders, it took a holiday from its duties. So it is not surprising that Delaware’s chancery court has had enough....
...First, the family said the $90mn value ascribed to the SSI stake was a net equity figure that already incorporated Save Mart’s pro-rata portion of the aggregate $109mn SSI debt....
...a spotlight on the rising frequency of such settlements....
...Recently, courts in Delaware, where most US companies are incorporated, have started to draw a line in the sand over bylaw changes, despite their record of deferring to companies’ discretion....
...Musk vs Delaware The small US state of Delaware has long been the refuge of large corporations seeking predictable courts....
...I think one thing that might be confusing to folks is that Tesla is based physically in Texas, as I mentioned, but it’s incorporated in Delaware. Why is that the case? Sujeet Indap Yeah....
...They are seeking to speed up proceedings as TMTG moves towards a stock market listing through a merger with blank-cheque company Digital World Acquisition Corporation....
...So, Sujeet, how does the arbitrator rule on this? Sujeet Indap So the arbitrator, who is a former Delaware judge, an expert in corporate law, in fact sides with Kingswood, and agrees . . ....
...Kathaleen McCormick, a Delaware judge, yesterday ruled that the award was improperly approved by the electric-car maker’s board and had short-changed the company’s shareholders....
...The review followed a labyrinth of more than 20 deals struck between Houchen’s corporation and the developers, arrangements described by one lawyer working on the project as “the most complex” of their type...
...Sepideh Moafi, as a lawyer for hacking victims who joins forces with Watson, also brings a welcome snap to scenes....
...If you doubt this I urge you to read a law journal article by corporate governance luminary, Leo Strine, the former chief justice of the Delaware Supreme Court....
...However Peter Backman, an industry analyst, said it may take a while to dethrone the major corporations, as catering contracts tend to be “difficult, complex, lucrative and very long-running”....
...spy on corporations....
...Levittown was a newly developed suburban community about 20 miles up the Delaware River from central Philadelphia. Everyone who lived there was white. William and Daisy were black....
International Edition