Delaware Changes Corporate Law Amid Investor Concerns

Reported 3 days ago

Delaware lawmakers have approved a fast-tracked bill aimed at maintaining the state's status as the corporate capital, despite significant pushback from investors. The legislation, which enhances protections for corporate insiders against shareholder lawsuits, has been criticized as favoring billionaires while potentially harming the interests of regular investors. The bill is expected to lead to legal challenges after being signed by Governor Matt Meyer.

Source: YAHOO

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