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  1. Home
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  3. Can Delaware Be Dethroned?
  • Cited by 3
  • Edited by Stephen M. Bainbridge, University of California, Los Angeles School of Law, Iman Anabtawi, University of California, Los Angeles School of Law, Sung Hui Kim, University of California, Los Angeles School of Law, James Park, University of California, Los Angeles School of Law
Publisher:
Cambridge University Press
Online publication date:
January 2018
Print publication year:
2018
Online ISBN:
9781316670279
DOI:
https://doi.org/10.1017/9781316670279
Subjects:
Corporate Law, US Law, Law
Information

Book 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 importantly, however, the federal government is increasingly 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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