Court System: Who Will Hear My Case?
At times, even with careful planning and drafting, business relationships may turn sour and amicable resolution impossible. This is where being a Delaware entity might prove to be decisively advantageous. Delaware houses the nation’s oldest business court, the Delaware Court of Chancery established in 1792. As a court of equity, it has broad jurisdiction over disputes involving the internal affairs of Delaware business entities and has developed a respected body of case law interpreting Delaware business law.… Read the rest