The HBS Blog offers insight on Delaware corporations and LLCs as well as information about entrepreneurship, startups, cryptocurrency, venture capitalism and general business topics.
How to Fix Business Mistakes in a Delaware Corporation
Tuesday, July 7, 2020
Drafting corporate resolutions, recording meeting minutes and tracking stock available for issuance is sometimes seen as a distraction from the company’s primary focus of pursuing its business plan and achieving its goals... Read More
Companies Are Adopting Poison Pills – Coronavirus Revives an 80’s Classic
Monday, July 6, 2020
The poison pill is one of the most widely-used and popular protective measures used to combat hostile takeovers of companies. When triggered, it causes the target to issue a large amount of stock to the public at below-market prices, diluting the position of the potential acquirer and making a successful hostile takeover more expensive and time-consuming... Read More
Non-Profit Corporation vs Public Benefit Corporation
Tuesday, June 30, 2020
Unlike a non-profit company, a PBC may be first and foremost engaged in a profitable enterprise of a very different nature from its mission, such as making food products, engaging in real estate investments or any other for-profit enterprise... Read More
Doing Business in D.C.: Ownership Disclosure Required
Monday, June 29, 2020
This article focuses upon the disclosure obligation and its attack on active and passive owners’ and investors’ much-valued privacy in operating a business or making an investment... Read More
Set Up A Non-Profit Corporation in Delaware
Tuesday, June 23, 2020
Once you have set up a Delaware Exempt corporation—also known as a non-profit corporation—you will need to file an application for non-profit status with the IRS. Part of your application should include your non-profit corporation’s mission statement. The mission statement is generally a statement of what your organization wants and aims to accomplish... Read More
What Is the Delaware Court of Chancery?
Jeremy Reed, Paul Sponaugle
Monday, June 22, 2020
The Delaware Court of Chancery has a long history deciding on equity and fairness between parties.
The tiny coastal state of Delaware is widely recognized as the best state in which to form a company, not only in the United States but throughout the world. One of the key reasons for this is the Delaware Court of Chancery... Read More
Delaware Corporation Directors Cannot Be Undisclosed
Tuesday, June 16, 2020
On the Delaware Annual Franchise Tax Report, all corporations must list their Company Name; Company Address; Names & Addresses of all Directors; Name & Address of one Officer... Read More
What is a Delaware Statutory Trust?
Monday, June 15, 2020
Delaware is one of the few states in America to have a statutory trust law. Most states still rely upon common law trusts, which have many outdated rules that can create uncertainty about a number of legal aspects of the trust... Read More
What is a DBA, or Doing Business As?
Tuesday, June 9, 2020
Business owners often choose to operate under multiple, different names for a number of different ventures. For example, ABC Company, Inc. may find the need to set up multiple, different DBAs using the names XYZ Landscaping, Inc. and 123 Construction, Inc... Read More
Which Companies Are Physically Based in Delaware?
Monday, June 8, 2020
We cover the various reasons why Delaware is the most popular choice for incorporation elsewhere on this site, but here we’ll take a look at some of the noteworthy and well-known companies with their base of operations within Delaware’s state borders... Read More