With all the favor-trading, back door deals, and outright corruption that
@TransPerfect had to overcome in the Delaware Chancery Court, to get healthy enough to escape to Nevada—We can attest to the vast challenges for companies dealing with this insular and archaic institution.
@elonmusk’s recent ordeal underscores the need for businesses to consider the advantages of other domiciles. Thank you to the
@DailyMail for shedding some light on this dark, outdated and bizarre corner of the U.S. business law system. “Justice” in Chancery has nothing to do with the merits of your case—but only the judges’ personal agendas and their relationships with local attorneys.
dailymail.co.uk/news/article…