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Why will almost all patent suits be filed in Delaware specifically? Are most tech companies incorporated there?
by yazan94 9y ago
Why will almost all patent suits be filed in Delaware specifically? Are most tech companies incorporated there?
- ykler 9y agoYes, but not all. For instance, Microsoft and Apple aren't.
- kbutler 9y agoInterestingly, Microsoft was: Q.What year and where was Microsoft incorporated? A.Microsoft was incorporated in the state of Washington on June 25, 1981; reincorporated in the state of Delaware on September 19, 1986; and reincorporated in the state of Washington on November 1, 1993. https://www.microsoft.com/en-us/Investor/FAQ.aspx#section_2 https://www.microsoft.com/en-us/Investor/FAQ.aspx#section_2
- kbutler 9y agoHalf of US public companies, 64% of fortune 500. It's generally recognized as a corporation-friendly location. https://technical.ly/delaware/2014/09/23/why-delaware-incorporation/ https://technical.ly/delaware/2014/09/23/why-delaware-incorp...
- spangry 9y agoIt's a tax haven that doesn't tax earnings derived from 'intangible assets' (e.g. licensing fees that "Widget Co. California" pays to "Widget Co. Delaware" for using the trademarked Widget Co. logo).