DELAWARE CORPORATION

A legally registered corporation in the state of Delaware that can conduct business in any states. Delaware first began to adapt its laws in the late 19th century, making changes that would attract businesses away from neighboring New York State. Delaware's Court of Chancery is a well-respected court of equity that resolves disputes between Delaware corporations and has an extensive set of precedents, statutes and case studies from their 200-plus years of operation. Decisions from the Court of Chancery have routinely set the benchmark for U.S. corporate law; the court's experience can be very beneficial to Delaware-incorporated companies that are seeking guidance on a particular issue.

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