For many decades, Delaware has enjoyed a favored position as the first choice for incorporation. Many U.S. companies incorporate in Delaware to benefit from its favorable tax and legal corporate environment. And other states look to specialized Delaware courts for guidance, particularly the Delaware Court of Chancery, with its expertise and deep precedent in corporate and shareholder dispute resolution. Delaware’s developed jurisprudence, with a perceived orientation to corporate interests, is unmatched in any other state and offers more guidance and certainty.
Now, the ...