Push for Swift Review of Corporate Law Overhaul Gains Momentum

May 23, 2025, 7:16 PM UTC

Shareholder efforts to swiftly challenge a major corporate law overhaul in Delaware’s top court gained momentum after one of the state’s leading judges signaled support for the fast track.

The investor leading a lawsuit against Clearway Energy Group LLC—a joint venture between TotalEnergies SE and a BlackRock Inc. affiliate—moved Thursday for immediate Delaware Supreme Court review of his claims targeting state Senate Bill 21. The request came a day after Chancellor Kathaleen St. J. McCormick said the justices should get the first crack at parallel issues raised in a case involving Dropbox Inc.

The controversial legislation, which ruptured ...

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