If you need to be in court in the morning but lost your suit on the Amtrak train to Wilmington, Del., Leonard Simon is your guy. Simon owns a men’s wear shop where out-of-state attorneys account ...

Delaware built its identity on being home to the world’s largest companies. But after Elon Musk’s Tesla took off for Texas, ...

Another billionaire, Bill Ackman, piled on: “Top law firms are recommending Nevada and Texas over Delaware.” He, too, has now clarified that he is simply considering it. Why would Ackman ...

It's not enough to ruin the federal government. Musk doesn't think corporations should have to play by state rules, either.

But several companies, including Meta Platforms, Dropbox and Bill Ackman's management company, recently have said they were moving or considering moving their incorporation out of Delaware ...

It comes after several high-profile tech companies threatened to pull out of Delaware and move to states where shareholder litigation is more difficult. Bill Ackman also announced that his hedge ...

These days, though, Simon is feeling uneasy as a growing number of prominent business leaders like Elon Musk and Bill Ackman, who are critical of Delaware’s courts, are pulling up stakes and ...

Leonard Simon runs a men’s wear shop in downtown Wilmington, a mecca of U.S. corporate law. © 2025 Fortune Media IP Limited. All Rights Reserved. Use of this site ...