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Judge Voids Musk's Multibillion Dollar Pay Package Again

Bloomberg Law

INSIGHT

Corporate Law Jurisdiction

  • Delaware's robust body of law and specialized judges make it attractive for corporate legal battles.
  • There's debate on federalizing corporate law, but it would require significant expansion of the federal government.
  • Elon Musk's stance on this is inconsistent with his other views on government size.
  • State law is likely to remain the primary jurisdiction for most corporate matters, except for publicly traded companies where federal securities law also plays a significant role.
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