Delaware has recently passed legislation that could significantly impact its status as the preferred state for corporate incorporation. According to corporate governance expert Charles Elson, the changes to the Delaware General Corporation Law (DGCL) could lead to the self-destruction of Delaware's corporate role, with serious consequences for investors worldwide. The Council of Institutional Investors (CII) has made a final plea for Delaware's governor to reject the DGCL amendments. Critics argue that if a judge approves any payment close to the ask, it will further erode Delaware's standing and result in a 'time robbery' of value from the ecosystem that benefits from Delaware's incorporation status. The legislation was passed last month.