Delaware’s status as corporate capital might be on the line in a fight over shareholder lawsuits
Delaware is trying to protect its status as the corporate capital of the world amid fallout from a judge rejecting ...
JD Supra3h
Delaware General Corporation Law: Proposed Amendments to Sections 144 and 220
Delaware legislators introduced proposed Senate Bill 21, providing for amendments to Sections 144 and 220 of the ...
Meta, Elon Musk, and Delaware’s rush to rework corporate law.
Elon Musk has publicly railed against Delaware’s corporate law as its judges ruled against his wishes, moving the incorporation of Tesla and other companies out of state. Now, CNBC says a January WSJ ...
JD Supra1h
A “Course Correction” to Delaware’s General Corporation Law May be on the Horizon
On February 17, 2025, the Delaware General Assembly introduced a bill seeking to amend two sections in the General ...
Delaware Lawmakers Advance “Billionaires’ Bill” Shielding Corporate Executives from Accountability
Delaware’s Senate has approved a bill that would shield corporations from shareholder accountability in a state where two-thirds of all Fortune 500 companies are registered. The legislation is backed ...
The News Journal6d
Controversial Delaware corporate law changes head to state Senate for vote
Delaware Senate Bill 21, which aims to revise Delaware's corporate statutes, has sparked controversy over its potential impact on shareholder rights and Delaware's status as a leading state for ...
The News Journal5d
Controversial Delaware corporate law overhaul passed by Senate, heads to state House
Delaware's Senate passed legislation to amend the state's corporate laws, aiming to shield controlling stockholders from certain lawsuits. Proponents argue the changes offer predictability for ...
Business Insider3d
Delaware is trying to make nice again with corporations after Elon Musk's exit
However, the state is now working fervently to preserve its business-friendly reputation after Elon Musk moved the corporate home of both Tesla and SpaceX from Delaware to Texas last year.
Law7d
'A Growing Frustration'?: Fight Over Delaware Corporate Law Revisions Moves On After Senate Judiciary Hearing
A focus of several commentators was Delaware's unique place in corporate law, with the benefits that provides for the state. But some lawyers criticized the measure as unduly favoring "billionaires." ...
Law21d
Debate Over Proposed Delaware Corporate Law Revision Highlights Rift in Corporate Bar
It's been 10 days since Senate Bill 21, which proposes a number of changes to Delaware's corporate law, was introduced. Almost immediately, litigators began sharing their perspectives on the bill ...
The National Law Review6d
Delaware’s Fight to Remain Preeminent Home for Corporations
We collaborate with the world's leading lawyers to deliver news tailored for you. Sign Up for any (or all) of our 25+ Newsletters. Some states have laws and ethical rules regarding solicitation ...
USA Today16d
This billionaire corporate law smash-and-grab could destroy Delaware's economy | Opinion
Proposed amendments to Delaware's corporate law threaten investor protections and the state's standing in the business world. The amendments, allegedly driven by billionaires like Elon Musk and ...