Delaware Corporation

Delaware Public Benefit Corporations: Doing Well and Doing Good

Changing from a for-profit corporation to a public benefit corporation requires 90% stockholder approval (dissenters are given appraisal rights), and terminating public benefit status requires a 2/3 vote. Directors are given strong protection against stockholder claims. Any claims from stockholder interest must meet a high threshold to succeed, as the director is considered to have […]

By John Williams August 5, 2013
Delaware LLC

How long will it take to incorporate my Delaware LLC and have it be open for business?

A Certificate of Formation (a.k.a “Articles of Organization” in a number of other states) is processed by a skilled team of experts at the Delaware Division of Corporations. The Delaware Secretary of State’s Division of Corporations’ office processes about 10 times as many certificates per day as most other states. Although your Delaware LLC is […]

By John Williams May 28, 2013
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