Re:Ask HN: Next best to incorporate other than Delaware?
by WillyWonkaJr on Saturday December 07, 2024 @02:13PM
(#42352051)
An activist judge in Delaware overrode a vote of shareholders. Now, the vote was to give Elon Musk a big payday, but the more general problem is a judge intervened in corporate activity. It's widely assumed this will cause a lot of business to leave Delaware. There is now a new, legal risk in Delaware.
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Re:Ask HN: Next best to incorporate other than Delaware?
by binarymax on Saturday December 07, 2024 @02:17PM
(#42352082)
That is very much an edge case and won't have any bearing on the countless small LLCs that incorporate in Delaware.
If you have the problem you mentioned, you're on a whole different level than the OP.
Re:Ask HN: Next best to incorporate other than Delaware?
by echelon on Saturday December 07, 2024 @02:24PM
(#42352137)
pg tweeted [1] that companies may consider incorporating elsewhere. I'd say this is on everybody's [2] radar now.
[1] https://x.com/paulg/status/1863737832818479385
[2] in the startup sphere