Questions tagged [delaware]
Questions concerning the laws, criminal justice system, civil court procedures and related topics specific to the state of Delaware.
27 questions
23
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Under what corporate mechanism can the CEO of Intel transfer 10% of the company to the US government?
It was recently reported that Intel Corporation has made a deal with the US government where, for some consideration, the US government will end up with 10% of the total shares of Intel. This deal was ...
- 6,055
3
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1
answer
212
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How are creditors and public investors protected in the US if there is no minimum capital requirement for public companies?
I recently came across the legal capital requirements for public companies under the Companies Act 2006. Specifically, UK law requires a minimum allotted share capital of £50,000 for a company to ...
- 520
-3
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1
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On Forming an LLC in a State with Greater Privacy Protection [closed]
I live in Virginia and plan on starting a small LLC publishing company.
For privacy reasons, I would like to establish the LLC, in either Delaware or Wyoming which does not require the name nor the ...
- 153
6
votes
1
answer
2k
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Who has the right to examine a will?
If a person is notified that they are named in a will and there is an asset they will inherit, would that person then have the right to examine the will if it's not already public information? The ...
- 215
3
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1
answer
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How much incentives do Delaware Registered Agents have to keep coproration owners' identities condifential?
Say Bob wants to create Acme Inc. in Delaware and keep it secret from the public who the owner/director is. He contracts Alice to be his registered agent, and she signs an NDA.
Rob is desperate to ...
- 28.6k
7
votes
1
answer
4k
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Why was the Dominion v. Fox case tried in Delaware?
As reported, Fox News is sued in the Delaware courts by Dominion.
What determines which state(s) the Dominion v. Fox case is tried?
- 7,567
1
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1
answer
89
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Is it normal to reverse transfer ownership during a funding round? [closed]
Delaware Corp (for jurisdiction)
Got involved in an unfunded startup last year and we managed to strike pay dirt. I'm the engineering side of the equation. Got a request to return some of my shares ...
- 231
2
votes
1
answer
882
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Can an Association or Society Be Formed as a For-Profit Company?
I'm part of a group of three people who have worked for a while in a specific business niche. We pooled our knowledge and contacts and realized that a lot of businesses could benefit from the ...
1
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0
answers
121
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Is an LLC Membership Certificate Legally Binding?
I'm wondering if an LLC Membership Certificate that has been signed by the owner of the company and promises a certain amount of stake in the LLC is legally binding/would hold up in court if there was ...
- 111
1
vote
1
answer
99
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Whose meaning prevails in a consumer contract of adhesion?
A consumer calls his bank and requests that his account be closed.
The bank says that the account has been closed, and changes the status of the account such that the account can no longer be used to ...
- 528
3
votes
1
answer
216
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Who owns the company before the founders' shares vest (HBO's Silicon Valley plot point)?
In the HBO show Silicon Valley, an important plot point is when one investor fires the founder/CEO against everyone's objections.
Originally, the founder gave 10% of the company to investor A (a ...
- 1,758
2
votes
1
answer
147
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What prevents a business from separating the liability and revenue into two separate entities?
I know holding companies are a common way to separate the liability of business operations from the assets of a company, but is there any legal reason why businesses don't take this a step further?
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0
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1
answer
2k
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Can I form an LLC without a primary office physical address, preferably in Washington or Delaware? [closed]
Can I form an LLC without a primary office physical address, preferably in Washington or Delaware?
I am a "digit nomad": I am a US citizen but have no long-term physical address anywhere in ...
- 111
1
vote
1
answer
329
views
Do you need approval from the FAA for amateur model rocket launches?
I'm building a model rocket that will probably go a maximum of 30km. Do I need special permission from the FAA to do this? I'm in Delaware, U.S.A., and this is a Class 1 Model Rocket. If I do, where ...
- 624
0
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1
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52
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Do startups pay taxes on venture funds?
The corporate tax rate in Delaware is 8.7%. The federal corporate tax rate, which startups likely don't have the faculties to avoid paying, is 21%. If I'm a startup incorporated in Delaware, and I ...
- 2,293