Delaware Corporation and Entity Laws
The Sections of the Delaware Code that pertain to Legal Entities are: Title 5 – Banking Chapter 7 – Corporation Law for State Banks and Trust Companies Title 6 – Commerce and Trade Article 9 – Secured Transactions and UCC filings Chapter 15 – Partnership Chapter 17 – Limited Partnerships Chapter 18 – Limited Liability […]
Read MoreWhy Businesses Choose Delaware
The question is often asked—why Delaware? Why does this small state (the second smallest in the United States) occupy such a large place in the world of business entities? The question has several answers, but most of the answers are not what people think. For example, Delaware is not a tax haven, Delaware does not […]
Read MoreDelaware’s Options for Alternative Dispute Resolution
Delaware Rapid Arbitration Act The Delaware Rapid Arbitration Act (DRAA) establishes Delaware as a cutting-edge seat for business arbitrations. Crafted with extensive input from lawyers and businesses in the United States and across the globe, the DRAA was designed to make arbitration practice more timely and efficient. Here’s how. The DRAA imposes time limitations on […]
Read MoreLitigation in the Delaware Court of Chancery and the Delaware Supreme Court
Delaware is world-renowned for its efficient and professional court system, which is particularly prominent in the areas of corporate, business, and commercial law. For many experienced lawyers throughout the world, the principal reasons to recommend organizing in Delaware are the Delaware courts and the body of case law developed by those courts. They point, in […]
Read MoreForming a Delaware Corporation
Summary Companies of all sizes, including 79% of all US initial public offerings during calendar year 2022, 67.6% of the Fortune 500, and thousands of subsidiaries of companies based outside of the United States have chosen Delaware as their corporate home. Before making any decisions, consult corporate governance and law experts and make critical decisions […]
Read MoreFacts and Myths
Myth: Delaware is the largest U.S. jurisdiction for company formation. Fact: Delaware is the leading jurisdiction for publicly traded corporations listed on U.S. stock exchanges. More than half of such corporations (including 67.7% of Fortune 500 companies) have chosen to incorporate in Delaware.1 Delaware is also the leading jurisdiction for out-of-state incorporations, where a corporation […]
Read MoreDelaware’s Alternatives to Corporations
Delaware offers business solutions for managers and investors that go far beyond traditional stock corporations. Although the governing laws may differ, Delaware’s other advantages remain the same for these alternative entities excellent courts, a legislature willing to work with Delaware’s corporate bar, and a service-oriented Secretary of State’s Office. Thus, no matter which corporate form […]
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