To address growing concerns, Delaware lawmakers this month introduced Senate Bill 21, a proposal aimed at making the state's corporate laws more appealing to executives like Musk, Meta CEO Mark Zuckerberg, and Ackman.
With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling stockholders as the state scrambles to protect its $2 billion legal economy.
Elon Musk’s $100 billion Tesla pay dispute has escalated beyond the courtroom, drawing Delaware lawmakers into a race to prevent corporate flight. As Tesla officially moved its incorporation to Texas following Musk’s legal defeat in the Delaware Court of Chancery,
The legislation would amend Delaware General Corporation Law and could pave the way for the reinstatement of Musk’s 2018 CEO pay package at Tesla.
DelawareOnline.com (Wilmington, DE) on MSN2d
Delaware health department makes budget asks to state Joint Finance CommitteeDivisions under the Department of Health and Social Services will present their requests to committee members.
Tesla's law firm helps draft legislation that some experts say could restore Musk's $55B pay package
A law firm representing Elon Musk and Tesla helped draft a bill some experts say could, if passed, possibly restore Musk's lost multibillion-dollar compensation package.
After a bruising battle with Elon Musk, the state where most of the S&P 500 is incorporated, is making itself more pliable for boards and big shareholders.
· 2d · on MSN
Federal court grants preliminary injunction blocking DOGE from accessing personal data
· 3d · on MSN
Judge blocks Department of Education, federal personnel office from sharing data with DOGE
Judge blocks DOGE from accessing education department’s sensitive data
A federal judge on Monday issued a two-week restraining order preventing Department of Government Efficiency employees from accessing sensitive data held by the U.S. Department of Education and U.S. Office of Personnel Management.
More CEOs fed up with Delaware and its powerful Chancery Court are going the way of Elon Musk, reincorporating their companies elsewhere and publicly airing their frustrations.
Now, "Doge" has an even more powerful definition — standing for "Department of Government Efficiency," which was started by Trump during his first day of the presidency on Jan. 20. It is headed by Musk.
Meta, AI entrepreneurs, academics, and other charities and activists are criticizing the startup's plan to shed its ties to its nonprofit parent.
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