Over a week ago, on August 3rd, the Wall Street Journal ran an interesting article on Delaware as a place where companies incorporate for favorable legal reasons. The focus of the article is the number of corporations facing shareholder lawsuits. "Firms sour on Delaware as corporate haven," by Liz Hoffman goes into a lot of detail on this.
Interesting reading, especially as Pennsylvania has railed against the Delaware Loophole for years. Maybe this loophole is being to unravel.
Friday, August 14, 2015
Delaware Losing Popularity as Corporate Friendly State?
Labels:
Economics
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