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...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....
...for large corporations thanks in part to a transparent corporate law regime, years of legal precedent and a community of lawyers....
...But that’s not the only reason corporations love it. It’s also because of how long it’s been in operation....
...A hard-to-replicate combination of decades of legal precedent and an established legal community make the state attractive to corporations....
...“The affairs of Delaware corporations, however, must be managed by Boards of Directors, not backroom deals,” said the lawsuit, saying non-Elliott shareholders never got the opportunity to approve the features...
...Nor did it file in Delaware, where most of its entities are incorporated....
...Musk vs Delaware The small US state of Delaware has long been the refuge of large corporations seeking predictable courts....
...The existence of the case was revealed in a Delaware Chancery Court filing from United Atlantic Ventures, a partnership set up by Andy Litinsky and Wes Moss, two former contestants of reality television...
...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....
...Court filings in Delaware show that Shenzhen-based Purplevine IP is backing two related intellectual property suits brought against a subsidiary of Samsung Electronics....
...Judge Colm Connolly in Delaware has yet to rule on the motion. Jankowicz is seeking damages in an amount to be determined at trial....
...Ader faces a growing number of legal headaches from the ill-fated attempt in 2021 to merge his Spac, 26 Capital Acquisition Corporation, with a casino business in the Philippines owned by Japan’s Universal...
...Novo bulks up to boost sales of weight-loss drugs The Danish pharma giant Novo Nordisk has become Europe’s most valuable corporation by making drugs that help people lose weight....
...In a call with analysts after the company’s results, Murdoch framed the settlement as a “business decision” to “avoid the acrimony of a divisive trial” while blaming a Delaware court for restricting Fox’...
...“cronies” colluding at Davos, monopolies and “woke” corporations....
...to buy the lender from the Federal Deposit Insurance Corporation....
...Nearly 70 per cent of New Castle County, where the trial is taking place, voted for Biden, and “even conservative jurors in Delaware are likely to have some respect for [Biden, a former US senator from Delaware...
...While the settlement brings the lawsuit filed in Delaware Superior Court to a close, it leaves Fox open to separate claims from shareholders accusing it of being in breach of fiduciary duties, one of which...
...The vibe is more Silicon Valley start-up than strait-laced Japanese corporation....
...Not that Delaware has done anything illegal. It has the backing of the US Constitution, which left the power to charter corporations in states’ hands....
...One shareholder has already filed suit in the Delaware Court of Chancery, accusing the company’s board members of failing to stop the damaging allegations from being aired....
...in Delaware....
...In a 130-page opinion, Judge Eric Davis of Delaware state court denied motions by Fox News and its parent Fox Corporation seeking a ruling from the bench, but agreed with Dominion’s contention that the claims...
...Late on Sunday, Judge Eric Davis — who is overseeing the case in Delaware, where both Fox and the plaintiff, voting machine maker Dominion, are incorporated — said the court had decided to delay the start...
...Those emails and texts would form the basis of a complaint filed by Dominion in Delaware in March 2021, seeking $1.6bn in damages....
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