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Delaware tightens corporate laws, limiting shareholder lawsuits and access to company records.
Delaware has updated its corporate laws to make it harder for shareholders to sue directors and officers and to limit access to company records.
The changes, part of Senate Bill 21, raise the threshold for defining a controlling shareholder, making it tougher for shareholders to challenge transactions.
They also restrict what corporate documents shareholders can inspect, limiting access mainly to formal records like minutes and bylaws.
These changes aim to keep Delaware competitive as a corporate home by reducing legal risks for businesses.
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Delaware endurece las leyes corporativas, limita las demandas de los accionistas y el acceso a los registros de la compañía.