Chamath Palihapitiya Relocates Businesses To Nevada Citing Delaware 'Judicial Activism' Against Tesla Shareholders
Chamath Palihapitiya has moved his recent business incorporations to Nevada, citing concerns over Delaware's judicial system.
Billionaire hedge fund manager Bill Ackman says he will move management company out of Delaware
Bill Ackman announced on Saturday that his management company would leave Delaware to reincorporate in Nevada.
Billionaire Ackman to reincorporate management company in Nevada
Bill Ackman, the owner of investment firm Pershing Square, said on Saturday that he is reincorporating his management company ...
Delaware governor tells BI things may 'need to change' as companies threaten to leave the state
As Delaware, long considered a business-friendly state, faces a potential corporate revolt, Gov. Matt Meyer tells BI change ...
The National Law Review1d
Dropbox Discloses Plan to Move to Nevada
In explaining the move, Dropbox took aim at, among other things, the litigation environment in Delaware: As described above, ...
The Old Farmer's Almanac spring 2025 forecast: Warm, wet spring for much of US
The Old Farmer's Almanac, which has been in business since 1792, recently released its spring weather forecast. The outlook? ...
JD Supra4d
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 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 ...
Gerber teething sticks discontinued, recalled after emergency room visit: 'Return the product'
An iconic baby food brand is discontinuing a teething product after a child was sent to the emergency room after using it.
The National Law Review3d
Nevada Supreme Court Finds Want Of Personal Jurisdiction Over LLC Members
In a recent post, I questioned why personal jurisdiction was unquestioned. See Questioning Delaware's Control ...
Hoodline2d
Steve Asher Sworn In as New Constable for Precinct 4 in Collin County with Decades of Experience
Steve Asher is sworn in as the new constable for Precinct 4 in Collin County with extensive law enforcement experience.
Delaware Faces Exodus of Tech Companies
Delaware is facing a further exodus of tech companies amid reports that Meta and Dropbox are moving out of the state. Newsweek has contacted Meta and Dropbox for comment via email.