Delaware Senate Passes Controversial Senate Bill 21

Delaware Senate Passes Controversial Senate Bill 21

The Delaware Senate unanimously passed Senate Bill 21 on Thursday, a controversial measure that has sparked heated discussions inside Legislative Hall.

Controversial corporate law bill passes Senate

Why Should Delaware Care?A major piece of state legislation will change the rules of its influential business court, making it more difficult to sue powerful, rich owners of companies. Proponents of the bill say it is necessary to ensure that Delaware remains the incorporation capital of America, which contributes about a third of the state budget independent of taxpayers.The Delaware Senate on Thursday passed a controversial corporate law bill …

Controversial Delaware corporate law overhaul passed by Senate, heads to state House

The Delaware Senate passed legislation amending Delaware's corporate code on Thursday.

Senate Bill 21: What would it do? What would it not do?

A State Senate Committee clears the way for a vote on much-debated legislation to make changes in Delaware's incorporation laws.

Will Delaware Overhaul Shareholder Rights Laws?

Hey look, Elon Musk is at the center of a controversy that has nothing to do with DOGE, the Hatch Act, or exploding rockets.  We’re talking about his ongoing push to reclaim a $56 billion pay package that was nullified by the Delaware Court of Chancery last year. The case has since prompted the introduction of legislation in the state — Senate Bill 21, or SB 21 — that could alter the balance of power between shareholders in Delaware, the legal h…

Corporate law revision bill heads to Senate with Meyer’s endorsement

Senate Bill 21, a controversial corporate law amendment, advances with Gov. Meyer's support, after public debate over shareholder rights and state revenue. The post Corporate law revision bill heads to Senate with Meyer’s endorsement appeared first on Delaware Business Times.