Open Thread for May 24, 2017
HSBC Cuts 450 Delaware Jobs. Jellyfish John caught unawares. Did someone wake him up from a nap to tell him? Rogue Presidency Seeks to Avoid Ethics Requirements. Ethics Office Strikes…
TransPerfect’s Campaign Imperfect. Did any of you see that commercial sponsored by some PAC called something like Pro-Business Delaware? Basically the ad says that, thanks to the Court of Chancery’s decision in the TransPerfect case, a decision necessitated b/c the two key TransPerfect officials just couldn’t get along, Delaware will lose its pre-eminent status for incorporations? It’s part of a $500,000 (!) campaign to influence Delaware legislators. Well, so far the score is one who has been influenced (Bonini) and two who have turned thumbs down (Simpson and Lavelle). When a so-called pro-business PAC loses the R Senate leadership, it has lost Delaware. Maybe they should spend the $500 K to send the two feuding officers to counseling.