Reported 25 days ago
More CEOs are seeking to reincorporate their companies outside of Delaware, echoing Elon Musk's actions, due to frustrations with the state's Chancery Court. Companies like Meta and Dropbox are contemplating moves to states like Nevada and Texas, motivated by perceived legal challenges and a desire for a more favorable business environment. Despite being the leading state for corporate registrations, Delaware is at risk of losing its dominance as new competitors promote their own business-friendly laws.
Source: YAHOO