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The Latest Breaking News from Delaware

Defunct media startup The Messenger settles class action lawsuit with former employees for $4.5 million

‘This settlement will not result in immediate payment to the class members, because Defendant’s assets are being liquidated in a separate proceeding in Delaware state court,’ the settlement agreement notes.

The Independent UK

Forecasters warn of fire risk amid low humidity, wind gusts as Pine Barrens fire burns

Forecasters are warning of low humidity and gusty wind increased the risk fire could spread across parts of New Jersey, Philadelphia and its suburbs and Delaware as firefighters continued to battled a vast wildfire in the Pine Barrens

The Independent UK

Ex-OpenAI employees sign open letter to California AG: For-profit pivot poses ‘palpable threat’ to nonprofit mission

In a new letter to the California and Delaware attorneys general, former OpenAI insiders and AI luminaries warn the company’s restructuring threatens its original mission—and the public’s stake in AGI

Fortune

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As Manufacturing Grapples, Strategic Value+ Embraces the Digital Transformation to Build a Smarter Future

Headquartered in Delaware, Strategic Value+ operates all the way from the West to the East Coast, empowering all US manufacturers to boost their strategies with efficiency and innovation.

International Business Times

‘If there’s fascism, we need to call it out’: Delaware governor on post-Biden world

Matt Meyer finds himself playing Whac-a-Mole as he deals with Trump’s capricious actions while pursuing an ambitious agenda of his own

The Guardian - US

Newsmax defamed Dominion Voting Systems, Delaware judge rules

Newsmax settled similar defamation case with Smartmatic last year

The Independent UK

Delaware was rattled by Big Business moving their legal homes. Here's a look by the numbers

Delaware is poised to give corporate officers more protections in its courts against shareholder lawsuits after criticism by business titans that rattled top public officials in what is called the world's corporate capital

The Independent UK

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Corporate capital Delaware is changing its law in fight pitting corporate insiders vs. investors

Delaware lawmakers are putting aside protests from big investors and approving fast-tracked legislation that backers say will protect its status as the world's corporate capital

The Independent UK

House hearing ends abruptly after Republican misgenders trans member

Heated exchange after subcommittee chair Keith Self calls first out trans representative Sarah McBride ‘Mr McBride’

The Guardian - US

A Little-Known Tax Buster for Rich Retirees: Zero-Coupon DST

Maybe you've heard of using Delaware statutory trusts to defer taxes on real estate investments, but zero-coupon DSTs take those benefits a step further.

Kiplinger

69PWNDU License Plate PWN'd by Tennessee Supreme Court

A short excerpt from today's long decision by Justice Sarah Campbell in Gilliam v. Gerregano (note that Sarah Martin and… The post 69PWNDU License Plate PWN'd by Tennessee Supreme Court appeared first on Reason.com.

Reason

Elon Musk pay package: Can Tesla law firm change Delaware law?

With help from famed former judge Leo Strine, Delaware lawmakers have raced to propose a bill friendlier to controlling stockholders as the state scrambles to protect its $2 billion legal economy.

Fortune

Elon's 'Daily Proctology Exam'

Plus: Vance's AI speech, bubble boy playgrounds, Delaware antagonizes founders, and more...

Reason

Elon Musk and Bill Ackman are pulling out of Delaware. Now the state is scrambling to protect its $2 billion legal economy

Big names like Tesla and Dropbox have already left, and Meta is looking to do the same.

Fortune

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Kiplinger

Six Risks of Delaware Statutory Trusts in 1031 Exchanges

Here's how proper preparation can help you successfully navigate these DST risks, from market uncertainties to structural limitations.

Top News

Delaware Man Loses Wife And Son In Tragic Collision

Tragic incident at Reagan National Airport claims the lives of Julia and Sean Kay, leaving a community mourning their vibrant personalities and diverse tal...

Kiplinger

How to Use DSTs and 1031 Exchanges for Diversification

This hypothetical case study shows how an investor used Delaware statutory trusts (DSTs) to build a diversified 1031 DST portfolio and avoid a $2M tax bill.

The Independent UK

Lauren Boebert forced to apologize after trying to kick out ‘a guy’ from women’s bathroom at Capitol

Boebert was overheard on the House floor telling members that she had discovered Delaware Democrat Sarah McBride in the women’s bathroom

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International Business Times

Bitwise Takes First Step Toward Issuing Potential Dogecoin ETF

Another company has shown interest in memecoin ETFs as Bitwise took the first step toward issuing a $DOGE ETF, registering a Bitwise Dogecoin ETF entity in Delaware Wednesday.

The Guardian - US

‘All hands on deck’: Bird flu in US poultry puts state cooperation to the test

Unusually late migration season means poultry operations may continue to see H5N1 outbreaks, officials say

Evening Standard

Joe Biden's not ready for retirement yet as he signs with Los Angeles talent agency

The former president is set to be represented by the same Hollywood agency that works with Brad Pitt and Ariana Grande

Mic

Supreme Court Stays Silent on Gun Control Laws in Delaware and Maryland

The Supreme Court declines appeals against Delaware and Maryland gun laws, continuing its trend of avoiding state-level challenges on Second Amendment issues.

The Independent UK

What’s next for Joe and Jill Biden?

Outside of politics, the Bidens have embarked on academic endeavors – something they may continue after leaving the president leaves the White House for a final time on January 20