Madison Square Garden follows trend of companies fleeing Delaware for Nevada

by

More: “In the official proxy statement, reasons for leaving include more predictability and certainty in decision-making; and reducing the risk of opportunistic litigation against the Company, and its directors and officers, which can be time-consuming, burdensome, and expensive.”

This is Biden’s true legacy. Judges attacked corporations based on perceived political leanings causing corporations to leave now rather than wait to see if they will be the next target. Delaware has made big bucks off their reputation of being corporate friendly. It is very easy to destroy a reputation.