Musk Seeks Powerful Corporate Laws

This is a Delaware news story, published by Gizmodo, that relates primarily to Richards, Layton & Finger news.

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corporate laws

Gizmodo

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US Politics

Democrats Expected to Pass a Bill (Drafted by Elon's Lawyers) That Threatens Your Retirement Fund

Summary

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71% Informative

The world’s richest man has introduced legislation that would rewrite Delaware 's corporate laws to empower corporations that are already immensely powerful.

Critics say the legislation would allow companies to misbehave on a massive scale and leave shareholders with few avenues of retaliation.

The legislation in question was drafted by Richards, Layton & Finger , a law firm that counts Musk as one of its clients.

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Informative language

Neutral language

Article tone

semi-formal

Language

English

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not offensive