Mergers & Acquisitions,
Corporate
Feb. 8, 2017
Avoiding California law as a Delaware corporation
Recent developments in California and Delaware law have created a path for a California-based Delaware corporation to avoid becoming subject to California corporate law.
Marc Boiron
Associate
Rutan & Tucker LLP
Email: mboiron@rutan.com
Marc focuses his practice on transactional matters involving emerging and mid-market companies in the areas of California and Delaware corporate laws.
TRANSACTIONS WITH BOIRON
Most shareholders and many attorneys representing the corporations owned by those shareholders are unaware that a private corporation incorporated in the state of Delaware, with a majority of its stock held by California residents and a majority of its property owned, payroll paid and sales made in the state of California (a "California-based Delaware corporation"), generally must satisfy the requirements of both Delaw...
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