Can Delaware Be Dethroned?: Evaluating Delaware's Dominance of Corporate Law

Can Delaware Be Dethroned?: Evaluating Delaware's Dominance of Corporate Law
ISBN-10
1108677398
ISBN-13
9781108677394
Category
Law
Language
English
Published
2017-12-31
Publisher
Cambridge University Press
Authors
Stephen M. Bainbridge, James Park, Iman Anabtawi

Description

Delaware is the state of incorporation for almost two-thirds of the Fortune 500 companies, as well as more than half of all companies listed on the New York Stock Exchange, NASDAQ, and other major stock exchanges. This gives Delaware a seemingly unchallengeable position as the dominant producer of US corporate law. In recent years, however, some observers have suggested that Delaware's competitive position is eroding. Other states have long tried to chip away at Delaware's position, and recent Delaware legal developments may have strengthened the case for incorporating outside Delaware. More important, however, the federal government increasingly is preempting corporate governance law. The contributors to this volume are leading academics and practitioners with decades of experience in Delaware corporate law. They bring together a variety of perspectives that collectively provide the reader with a broad understanding of how Delaware achieved its dominant position and the threats it faces.

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