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Incorporation Shareholder Litigation Publicly-Traded Companies

Skadden, Arps, Slate, Meagher & Flom LLP

The Informed Board - Spring 2025

In this issue of The Informed Board, we go behind all the talk about companies reincorporating in states other than Delaware. In our lead article and our podcast, we point out that few companies actually moved, and we explain...more

Allen Matkins

For Delaware, Are The Times A-changin'?

Allen Matkins on

Last Friday, California headquartered Affirm Holdings, Inc. filed preliminary proxy materials for a special meeting of stockholders to consider a proposal to reincorporate from Delaware to Nevada.  Affirm is joining several...more

Allen Matkins

For Delaware, The Garden Party May Soon Be Ending Despite SB21

Allen Matkins on

In speaking with a reporter earlier this year, I observed that this proxy season will tell whether DExit has legs.  While not exactly, a flood, several well-known and lesser-known corporations have recently filed proxy...more

Nelson Mullins Riley & Scarborough LLP

Reincorporating a Delaware Entity Elsewhere: Could This Be the Next Great DExodus?

Amidst a flurry of recent reincorporations—conveniently coined “DExits”—of major corporations such as Dropbox, Tesla, and potentially Meta, Delaware’s future as a corporate safe-haven faces uncertainty. Delaware has long been...more

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