Charters, Trusts, and Corporate Castles: The Making of Delaware’s Business Empire
Delaware’s rise as a corporate hub is explored, highlighting Wilmington Trust, du Pont family’s role, legal frameworks, and policies.
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How Delaware became a corporate tax haven
Over half of publicly traded companies on the NY Stock Exchange are incorporated in Delaware. Compared to the corporate laws of most states, Delaware’s make the state the ultimate corporate haven. How did that come about? “During the interval between 1898 and 1899,” says Samuel Arsht in ‘A History of Delaware Corporate Law,’ “a small…