Is Delaware still a have for incorporation?
Article Abstract:
Delaware continues to provide corporations with the most favorable incorporation environment in the US because of a number of factors, most important of which is the state's continued commitment to attracting corporations. Delaware's General Corporation Law is one factor, but its knowledgeable judiciary, well-established case law and legislative responsiveness to corporate concerns are at least as important. Surveys show that over 80% of reincorporating corporations choose Delaware, though larger corporations are more inclined to choose the state than smaller corporations.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1995
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A straight forward, clarifying, statutory interpretation of Section 220(b) and (c)
Article Abstract:
The Delaware Supreme Court's' 1993 ruling in Compaq Computer Corp v. Horton simultaneously expanded shareholders' rights to inspect shareholder lists and stock ledgers while emphasizing the limits on such rights. The court held shareholders' solicitations of others to join in non-derivative actions could constitute a proper purpose for such inspections. However, inspections are prohibited when sought for improper purposes adverse to corporations' interests.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1995
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1994 statutory amendments to the Delaware General Corporation Law
Article Abstract:
The Delaware General Assembly's 1994 amendments to the state's General Corporation Law created summary proceedings procedures and modified section 145 on indemnification of corporate agents, officers, employees, and directors, and s. 218 on voting trusts and agreements. The indemnification amendments should provide quicker dispute resolutions, while summary proceeding procedures provide non-litigative commercial dispute adjudication.
Publication Name: Delaware Journal of Corporate Law
Subject: Law
ISSN: 0364-9490
Year: 1995
User Contributions:
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