Delaware Shields Corporate Officers Amid Musk's Criticism

• Delaware lawmakers fast-tracked legislation to protect corporate officers from shareholder lawsuits.
• The bill was backed by Gov. Matt Meyer and Delaware business leaders but criticized by shareholders' lawyers and pension funds.
• Delaware is home to 2.2 million business entities, including two-thirds of Fortune 500 companies.
• The state earns $2.2 billion annually from corporate license fees and taxes, supporting one-third of its budget.
• Elon Musk's criticism of Delaware's corporate laws has fueled corporate unrest and influenced the legislative changes.

Source: The Independent, The Independent