delaware

Are Delaware appraisal rules being applied, and interpreted under Delaware law, in the cases discussed because Ancestry.com and Dell are both Delaware corporations, or because the entity that actually owns the shares is a Delaware corporation?

While many startups are well served by following the Delaware C-corp (single class of stock) path, others may not be.

There are also fine-point decisions within a typical Delaware C-corp setup that can easily be missed.

But Delaware corporate law has a strange feature of saying appraisal seekers must own their shares continuously after demanding appraisal.

Kueski is backed by Crunch Fund and Core Ventures, having raised USD$1.3 M in the seed round and a Delaware Corp.

Southern New Jersey's Pine Barrens are a case in point, as is the Delaware Water Gap area in the state's Northwest.

These states seem to be a minority, see Intellectual Property and the Employee Engineer[1] California CA Labor 2870 -2872 Delaware 19 Del.

This is why some states more or less slavishly copy Delaware corporate law.

Because the companies that the shares are of (Dell) is a Delaware corporation.

If that were true then every business would be a Delaware corporation.

Your website indicates its for Delaware C-type corporations based in California.

The issue with incorporating elsewhere is that Delaware law is understood.

People think you incorporate in Delaware for the taxes, but the "real reason" is the large body of established case law.

But in this case, Group A's bank had changed ownership of the stock with another bank "behind the scenes", which caused a Delaware judge to reluctantly rule Group A's appraisal rights void.

Their problem was accepting players from legal states (Nevada, Delaware, New Jersey), and in this case, specifically the Nevada Gaming Commission came at them for not registering to be regulated while accepting US players and having "company officers" in the US.

In fact, even if the lawyers are working from "instinct" and can't fully describe their process, it's just a matter of getting a good sample of existing companies (a few hundreds, perhaps, some of which not Delaware corps) and asking the lawyer to "fake advise" each one.

These are public documents and copies can be obtained from the secretary of state's office in the state where the company is incorporated (typically Delaware).

While many big public corporations are incorporated in Delaware, there are also quite a few that are not.

Believe it or not, there are some startups that are best incorporated in their own local state and not in Delaware.