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flag Delaware proposes new laws to protect businesses from shareholder lawsuits, aiming to keep companies in the state.

flag Delaware lawmakers have introduced a bipartisan bill to tweak the state's corporate laws to retain businesses and limit shareholder lawsuits. flag The bill, spurred by threats from companies like Meta Platforms and Dropbox to leave Delaware, would shield directors and controlling shareholders from litigation over alleged conflicts and restrict the internal records shareholders can access. flag This move aims to maintain Delaware's economic edge in corporate law, which affects about two-thirds of the S&P 500 companies.

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