The corporate law world, typically insular, has become a battleground due to Elon Musk’s clash with the Delaware Chancery Court and subsequent moves by Dropbox and Meta to change their incorporation locations. The issue of minority shareholder influence in controlled companies has been amplified as founders like Musk voice their opinions. Delaware’s economy and politics are at stake as businesses consider moving away from the state, prompting legislative changes and potential concessions to retain corporate interest. The Super Bowl illustrates the complexities of broadcasting rights and streaming services, with networks like Fox navigating the shift towards online platforms while maintaining relationships with cable providers.
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Junior Bridgeman, N.B.A. Player Turned Mogul, Dies at 71
Junior Bridgeman, a former N.B.A. player turned successful entrepreneur, passed away at 71 in Louisville, Ky. He amassed a net worth of $1.4 billion through investments in fast-food restaurants, a Coca-Cola bottling business, and a minority stake in the Milwaukee Bucks. Bridgeman's business acumen and leadership extended beyond basketball, leaving a lasting legacy in both the sports and business worlds. Full Article
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