Re:Never incorporate your company in the state of Delaware
by user3939382 on Tuesday January 30, 2024 @10:46PM
(#39199598)
What I don’t get about the incorporate in state X schemes, maybe someone can enlighten me, is that you still need to file a foreign corporation to operate in whatever state you’re in. So what exactly are you evading by filing in a different state?
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Re:Never incorporate your company in the state of Delaware
by verdverm on Tuesday January 30, 2024 @10:48PM
(#39199614)
Delaware is a unique state because it has a dedicated business courts and a long history of litigation that makes understanding the likely outcome predictable
Re:Never incorporate your company in the state of Delaware
by user3939382 on Tuesday January 30, 2024 @10:57PM
(#39199692)
Right but whatever state you’re actually operating in still has jurisdiction, right?
Re:Never incorporate your company in the state of Delaware
by houston_Euler on Wednesday January 31, 2024 @03:41AM
(#39201485)
It depends on the case.
If it is in regards to shareholders, then I believe the state in which you're incorporated would have jurisdiction.
If it's another type of case, for example one brought by an employee, it might be based on the employment laws of the state they are employed in, so the trial would happen in the state of their employment.