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I'm not an expert. I believe it's because Delaware nurtured a reputation for being predictable and safe, but its recent behavior has caused worries that it is b
by sandspar 1y ago
I'm not an expert. I believe it's because Delaware nurtured a reputation for being predictable and safe, but its recent behavior has caused worries that it is becoming erratic and activist.
A good writeup here:
https://news.law.fordham.edu/jcfl/2025/03/31/delawares-corporate-crack-up-the-great-business-exodus-and-its-legal-fallout/ https://news.law.fordham.edu/jcfl/2025/03/31/delawares-corpo...
Relevant clip:
>One of the main reasons for the recent corporate departures is likely the series of high-profile rulings by the Delaware courts that seem to run counter to established Delaware precedent. The Chancery Court has increasingly delivered rulings that expand corporate liability, intensify shareholder scrutiny, and impose heightened governance expectations.