Tag #Business Incorporation

What are the immediate consequences of Delaware's proposed corporate law changes, and how will they affect its status as a global corporate center?

Delaware is attempting to safeguard its position as a corporate haven following a judge's rejection of Elon Musk's Tesla compensation package. A new bill, supported by the governor, aims to modernize laws and maintain balance between corporate officers and shareholders. Critics, however, argue this will weaken shareholder rights and accountability.