Proposed Texas Law Could Cut Shareholder Litigation, Make State Haven for Incorporations
A new Senate Bill, SB 29, seeks to make Texas the preferred choice for publicly traded companies to establish their headquarters. In particular, the law could make Texas a more attractive incorporation jurisdiction for businesses seeking protection from shareholder litigation.
Delaware’s grip on corporations seemed solid. Elon Musk led a revolt.
Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, it’s scrambling to change its laws.
Forget Delaware—‘Y’all Street’ Is Open for Business
Companies are moving to Texas as the Chancery Court makes the First State a hostile climate.
Tesla Corporate Shift to Texas Ruled Valid by Delaware Judge (1)
Tesla Inc.'s move to Texas after a Delaware judge voided Elon Musk’s record $56 billion pay package complied with the company’s charter and corporate law, the same judge said in a ruling made public Tuesday.
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Revisions To Delaware SB 21 Made Public After Initial Draft Criticized As Too Controller-Friendly
On March 3, a committee of the Delaware State Bar Association (DSBA) announced revisions to Senate Bill 21 (SB 21) aimed at paring back some of
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Couple arrested in Delaware County allegedly tied to nationwide Lululemon theft ring
State police say the couple is suspected of having stolen from Lululemon locations in Southern California, Washington, Delaware and Pennsylvania.
When Incorporating Your Business, Skip Delaware and Head to Ohio
Thompson Hine’s Ned Babbitt assesses options for businesses to reincorporate outside of Delaware, as the Delaware Supreme Court paves the way for a move to other states such as Ohio.