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Why this fascination with Delaware? How are Delaware corps different from other states' corps?
by ufocia 3y ago
Why this fascination with Delaware? How are Delaware corps different from other states' corps?
- dragonwriter 3y agoMostly, it’s that Delaware’s corporate law is more developed so investors have more certainty of what they are getting; this is also a self-reinforcing condition, since the preference for Delaware corps means more corporate issues get resolved under Delaware law.
- JumpCrisscross 3y ago> Delaware’s corporate law is more developed so investors have more certainty of what they are getting Delaware courts are also efficient, which makes litigation less likely to turn into a multi-year and multi-million dollar affair.