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They still tell you Delaware; people are upset about the Elon decision. They still tell you Delaware because Delaware has a long tradition of protecting shareh
by refulgentis 2y ago
They still tell you Delaware; people are upset about the Elon decision.
They still tell you Delaware because Delaware has a long tradition of protecting shareholders from corporate malfeasance.
- dragonwriter 2y agoThey also still tell you Delaware also (and why they tell you this particularly in law school) Delaware has the most well-developed body of corporate law, meaning (policy preferences aside) how to achieve particular goals with formal structure and outcomes of particular decisions are most predictable when Delaware corporate law is being applied, which mitigates risk for all parties.