The invite also went to James Honaker, an attorney with Morris Nichols, a firm that's represented Meta in federal court in Delaware, and to William Chandler, former chancellor of the Delaware Court of Chancery, who is now part of Wilson Sonsini's Delaware litigation practice.
Roughly two weeks later, Delaware lawmakers were being asked to vote on a bill, known as SB 21, that, if enacted, would overhaul the state's corporate law in a manner that could favor Musk, Mark Zuckerberg and other controlling shareholders of large companies.
Among other things, SB 21 would alter how companies can use independent directors to ensure the deals they've made will not be subject to court scrutiny, and would limit the records that shareholders can obtain from companies when investigating possible breaches of fiduciary duty.