What state has more corporations than people? Delaware, with approximately 950,000 people and well over a million registered corporations.
You would think that, given those demographics and the acceptance of Delaware courts as the premier authority in corporate law, practitioners would know how to obtain approval of an M&A “deal.” Unfortunately, that’s easier said than done.
To read the full text of this article by Duane Morris partner Stephen M. Honig, please visit the New England In-House website.