Comments on: Delaware Banks? http://xrlq.com/2008/10/08/delaware-banks/ Politische Kommentare mit Snarkenremarken Fri, 19 Mar 2010 10:52:35 -0400 http://wordpress.org/?v=2.9.2 hourly 1 By: Xrlq http://xrlq.com/2008/10/08/delaware-banks/comment-page-1/#comment-453992 Xrlq Mon, 13 Oct 2008 19:49:30 +0000 http://xrlq.com/?p=3889#comment-453992 You are right that there are advantages to incorporating in Delaware, Nevada, or a few other incorporation-friendly states. All relate to boring, corporate housekeeping issues few liberals or conservatives, aside from individual shareholders, are likely to care about. AFAIK the Big Three are all Delaware corporations, but that doesn't exempt them from Michigan taxes, Michigan labor laws, etc. You are right that there are advantages to incorporating in Delaware, Nevada, or a few other incorporation-friendly states. All relate to boring, corporate housekeeping issues few liberals or conservatives, aside from individual shareholders, are likely to care about. AFAIK the Big Three are all Delaware corporations, but that doesn’t exempt them from Michigan taxes, Michigan labor laws, etc.

]]> By: craig mclaughlin http://xrlq.com/2008/10/08/delaware-banks/comment-page-1/#comment-453962 craig mclaughlin Mon, 13 Oct 2008 18:19:39 +0000 http://xrlq.com/?p=3889#comment-453962 It's been more than a decade since I dropped out of law school but while there I took a banking law course and a corporations course. I think Obama confused the two. There is no advantage for banks, because of the regulatory scheme to headquarter in Deleware. There is an advantage, or was, for businesses to incorporate in Delaware. But hey, he's the Harvard law graduate... It’s been more than a decade since I dropped out of law school but while there I took a banking law course and a corporations course. I think Obama confused the two. There is no advantage for banks, because of the regulatory scheme to headquarter in Deleware. There is an advantage, or was, for businesses to incorporate in Delaware.

But hey, he’s the Harvard law graduate…

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