Delaware has established itself as a corporate haven, attracting the majority of U.S. companies for registrations, especially IPOs. In 2023, 80% of initial public offerings were registered in Delaware. The state's stability, predictability, and expert judicial authority, especially in its Court of Chancery, make it a prime location for corporate matters. However, figures like Elon Musk are exploring alternatives as legal disputes arise regarding expansive executive compensations in Delaware, highlighting concerns around its long-standing dominance as the corporate law jurisdiction of choice.
The law on the books is not all that different from state to state, but there's a herding effect. Countries prefer Delaware due to its established corporate jurisprudence.
Delaware's state courts are the foremost authority on American corporate law. They have become the most important venues for shareholder disputes and corporate litigation.
Collection
[
|
...
]