Application for Court Account Delaware Courts Courts Delaware Form

Instructions and help about Application For Court Account Delaware Courts Courts Delaware

In Delaware with a corporation, the structure is very predictable. You have stockholders ,who elect the directors, the directors appoint the officers, the officers run the show. Many other states it's not clear what rights the stockholders have or the directors have because case law hasn't been decided on those points, there's gaps in the law. It's not all covered by statutes. In Delaware we have the Court of Chancery, which has provided a great deal predictability to stockholders and also to directors to have a very predictable form of corporate organization. If you take advantage and form your company in Delaware you have a business friendly climate, you have a court that knows how the company should be structured and they will not make decisions based on whims, they make it based on firm principles of corporate law. And you have access to the Delaware Court of Chancery by forming your company in Delaware, where as a stockholder, you'll have rights, and as a director he'll have a cer