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...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”....
...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....
...So Delaware is a relatively small state. It’s one of the 13 original colonies, I believe....
...Delaware now dominates incorporations. Between franchise fees and a vibrant legal community, it is an important driver of the small state’s economy....
...Elon Musk is to shift the incorporation of SpaceX from Delaware to Texas, seeking to further limit exposure to the state after a judge there shot down his $56bn pay package from Tesla last month....
...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...
...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?...
..., a state-owned oil and natural gas group....
...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 change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...Following the decision, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...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...
...The billionaire posted his comments about shifting to the state where Tesla’s physical headquarters are located following the ruling this week by Kathaleen McCormick, a judge in the Delaware Court of Chancery...
...Attorneys for shareholders who defeated Elon Musk’s $56bn Tesla pay package have asked a Delaware state court to award them shares in the electric vehicle maker worth nearly $6bn as payment....
...On X, the social media platform that a Delaware court basically compelled him to buy for $44bn in 2022, the billionaire wrote: “Never incorporate your company in the state of Delaware.”...
...Terraform Labs, the company behind the $40bn collapse of TerraUSD digital tokens in 2022, has filed for Chapter 11 bankruptcy protection in the state of Delaware as its co-founder Do Kwon faces a civil trial...
...The ruling came from a small court that oversees most large US public companies, thanks to so many of them being incorporated in the state....
...“Never incorporate your company in the state of Delaware,” Musk posted on X after Tuesday’s decision. “I recommend incorporating in Nevada or Texas if you prefer shareholders to decide matters.”...
...The material was found in Biden’s private offices and residences, including in the garage of his Delaware home....
...The Financial Times’ UK poll tracker combines voting intention surveys published by major British pollsters ahead of the general election expected this year....
...He must end the rampant theft of oil in which state officials are implicated....
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