Will an ‘increasingly litigious environment’ in Delaware drive incorporation out of state?

Delaware Business Court Insider

February has seen the start of another wave of discussion about Delaware’s place in the corporate law world, with the release of a Supreme Court decision, talk of large corporations redomesticating and commentary from Delaware’s new governor all coinciding.

Rumors of Meta potentially leaving Delaware for Texas surfaced on Jan. 31. The same day, Dropbox released a statement indicating plans to reincorporate in Nevada, claiming Nevada’s strategy of codifying corporate law is more predictable than Delaware law’s tendency to be shaped by litigation.

Continue reading here.

Leave a comment