Delaware is a U.S. state on the Atlantic coast, widely known as a major corporate incorporation hub because of its business-friendly legal system.
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Elon Musk’s attacks on Delaware’s courts helped fuel a growing shift by businesses toward Nevada and other states that offer a more favorable legal and tax setup.
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Delaware is rushing a corporate law change after Elon Musk’s fight over Tesla’s pay deal, as the state tries to keep its role as the top place for companies to incorporate.
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