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Incorporate Blog

Dozens of Public Benefit Corporations Registering in Delaware

Date Posted: 11/8/2013

A new law in Delaware allows companies that blend profit-seeking and enhancing societal-good to register as “Public Benefit Corporations” (aka “PBCs”). To date, 53 PBC’s have been formed making Delaware the fastest growing jurisdiction in the nation among the 20 states that have enacted similar legislation.

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Doing Well While Doing Good: New Delaware Law Authorizes “Public Benefit” Corporations

Date Posted: 11/8/2013

The current corporate law paradigm requires directors to focus their attention on stockholders and maximize value for them. New Delaware “public benefit” corporations change that paradigm by giving directors the ability to pursue broader goals, serving non-stockholder interests and promoting such interests even if it comes at some economic cost to stockholders.

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Welcome to the new State of Delaware Corporate Law Blog!

Date Posted: 11/7/2013

Thank you for visiting our blog! We will be posting updates after the official launch on Nov. 12, 2013.

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