This Week in Chancery Court: Apollo, Fidelity, FTX Creditor
Apollo Global Management Inc. will ask the Delaware Chancery Court this week to dismiss claims that it bet on senior citizens ...
Chancery Holds Proposed Conversion From Delaware Corporation to Nevada Corporation Requires Only Majority OK Under DGCL Statute
Other states, such as Nevada and Texas, are attempting to grow their corporate franchise, a byproduct of which has led to ...
JD Supra10h
Delaware court finds corporate charter cannot incorporate private agreement by reference
In Seavitt v. N-able, 321 A.3d 516 (Del. Ch. 2024), decided prior to the amendment of the Delaware General Corporate law to add Section 122(18), ...
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CITIZENS FOR JUDICIAL FAIRNESS WARNS DELAWARE LEADERS OF CHANCERY OVERREACH IMPACT TO $2 BILLION CORPORATE ECONOMY AS META PREPARES FOR "DEXIT"
Citizens for Judicial Fairness Raises the Alarm as the Chancery Court’s controversial rulings drive yet another Fortune 500 Company out of Delaware WILMINGTON, Del., February 01, 2025--(BUSINESS ...
Morningstar3d
CITIZENS FOR JUDICIAL FAIRNESS WARNS DELAWARE LEADERS OF CHANCERY OVERREACH IMPACT TO $2 BILLION CORPORATE ECONOMY AS META PREPARES FOR “DEXIT”
Chancellor McCormick and the Chancery Court continue to award exorbitant fees to lawyers while exploiting businesses and their workers. Companies that once flocked to Delaware for its globally ...
Trump seeks presidential immunity from any civil lawsuit filed against him in state court
Donald Trump wants to stop a lawsuit against his Truth Social company by arguing that, while he's president, he should be ...
JD Supra5d
Why Delaware remains the “First State” for business incorporation
One of the first decisions that a business owner must make is selecting a state of incorporation. This is a decision not to ...
Meta Discusses Reincorporating Its Business Outside Delaware
Meta Platforms Inc. is discussing reincorporating its business outside of Delaware, where the company has been legally ...
Meta in Talks to Reincorporate in Texas or Another State, Exit Delaware
The potential step by the social-media giant follows a similar move by Elon Musk, who moved to reincorporate his companies in ...
Meta Said to Explore Incorporating in a Different State
The owner of Facebook and Instagram is incorporated in Delaware, but is considering a change. Its corporate headquarters would remain in Silicon Valley, people with knowledge of the matter said.
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Meta mulling incorporation shift to Texas: report
Meta is considering whether to move its incorporation to Texas, a US state seen as amenable to companies run by big ...