Corporate capital Delaware is changing its law in fight pitting corporate insiders vs. investors

Alarm Bells Ring as Delaware 'Radically' Shifts More Power to Corporate Insiders - Bucks County Beacon

Written by Jessica Corbett, Common Dreams While Democratic Gov. Matt Meyer declared that “Delaware is the best place in the world to incorporate your business, and Senate Bill 21 will help keep it that way,” critics reiterated concerns about the corporate-friendly state legislation he signed this week. The Delaware House of Representatives sent the Senate-approved S.B. 21 to Meyer’s desk on Tuesday in a 32-7 vote, with two members absent. The De…

Should You Incorporate in Delaware or Texas? The Answer May Surprise You

After Elon Musk reincorporated Tesla and SpaceX in Texas, Delaware changed its laws to stay competitive.

Meta Drags Delaware To The Bottom

Delaware just passed a law this week that would shield tech billionaires Mark Zuckerberg and Elon Musk from an array of potential misconduct that could impact active litigation against them alleging theft from shareholders. The bill was crafted by Democratic Governor Matt Meyer’s office in direct consultation from Meta’s own legal team and a roster of corporate defense lawyers representing both billionaires, according to documents released last …

Musk’s War on Delaware Spurs Law Pushed by Private Equity

Delaware just passed a ‘billionaires bill’ to keep Zuckerberg from following Musk out the door

Delaware lawmakers on Tuesday night passed a bill restructuring its corporate code, as the state tries to prevent companies like Meta (META) from exiting the state.Read more...

Del. corporate law bill enacted

The House Tuesday approved a bill to make changes to make revisions to Delaware's corporate laws that have drawn companies to The First State for decades.