Delaware is poised to give corporate officers more protections in its courts against shareholder lawsuits after criticism by billionaire Elon Musk and other influential business titans that rattled top public officials in what they call the corporate capital of the world.
Lawmakers approved fast-tracked legislation Tuesday night backed by the Gov. Matt Meyer and Delaware business leaders. But shareholders' lawyers and pension funds slam it as a giveaway to billionaires and corporate insiders.
