Exxon Mobil wants to abandon its corporate registration in New Jersey and redomicile in Texas, where its headquarters is located, the oil giant announced Tuesday. If approved by shareholders, Exxon ...
Exxon Mobil is seeking to move its legal home from New Jersey to Texas, saying the change would help the company avoid “frivolous” shareholder lawsuits.
ExxonMobil on Tuesday said it is redomiciling its legal headquarters to Texas. It’s top reason: Texas’ new business court and regulatory framework.
The oil giant is considering relocating its legal home to Texas, where its headquarters already operate, pending a shareholder vote in May.
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The oil giant says relocating its legal home could strengthen its position in policy and shareholder matters. ELIZABETH, NJ - It's not just families and retirees fleeing the government of New Jersey.
ExxonMobil’s board has unanimously recommended relocating the company’s legal domicile from New Jersey to Texas, aligning its legal base with its operational headquarters.
In addition to the human toll, at risk are multibillion-dollar oil and gas facilities owned by Houston giants such as Exxon, Chevron, Occidental Petroleum.
The oil company announced Tuesday that it plans to abandon its corporate registration in New Jersey and "redomicile" in Texas, aligning its legal headquarters with the company's operational ...
Exxon Mobil is seeking to abandon its corporate registration in New Jersey and redomicile in Texas where its headquarters is located, the U.S. oil major said on Tuesday, in a move that could help ...
Gov. Greg Abbott celebrated the announcement on Tuesday, crediting Texas’ legal environment. Exxon has based its operations in the Houston area since 1989.
ExxonMobil said Tuesday the company is seeking to move its legal incorporation from New Jersey to Texas, a change that would end more than 140 years of business in the Garden State. The company’s ...