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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 US Department of Agriculture at the start of this week banned infected cattle from crossing state borders and said it would test ground beef for bird flu particles, as the UN’s World Health Organization...
...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”....
...In the longer run, Delaware, Texas, or Florida law will offer alternatives, and given some of the fragilities of New York jurisprudence, there’s room for improvement....
...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....
...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...
...Nor did it file in Delaware, where most of its entities are incorporated....
...the state’s Regional Economic Development Council....
...Delaware now dominates incorporations. Between franchise fees and a vibrant legal community, it is an important driver of the small state’s economy....
...Musk is now reviving the debate about Delaware and the power its courts wield over corporate America....
...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....
...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....
...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 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....
...Their ways of working just don’t apply to Tesla, which is less a company and more the publicly traded division of a self-contained hysteria factory....
...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....
...The change from Delaware to Nevada was completed on Thursday, according to documents filed to the office of the Nevada secretary of state....
...Hours after the ruling, which Tesla can still appeal against, Musk wrote on X: “Never incorporate your company in the state of Delaware.”...
...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.”...
...They contend that the draft law would raise the cost of finance for poor countries, and they’ve threatened to move the sovereign debt market to Texas, Delaware, or some other jurisdiction that won’t try...
...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...
...That trip would end up changing their lives — and possibly, the future of the public’s access to millions of acres of land in America's western states....
...Ranchers from New York state to California have been some of the projects’ first beneficiaries....
...The initiative will also involve the conversion of an existing oil refinery in the north-eastern Brazilian state of Bahia acquired from state-controlled Petrobras in 2021....
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