Business & Economy · 5 views
Delaware’s federal court forced litigation funders into the open. Its most important court still lets them hide
We warned in the pages of Fortune last week that the corporate flight from Delaware would only accelerate on the heels of Delaware Chancery Court Vice Chancellor Travis Laster’s controversial and widely criticized decision in the highly…
Summary
We warned in the pages of Fortune last week that the corporate flight from Delaware would only accelerate on the heels of Delaware Chancery Court Vice Chancellor Travis Laster’s controversial and widely criticized decision in the highly watched Cloudflare case. Since then, Virtu Financial has announced its own relocation from Delaware to Texas on Nov. 4, following the recent exits of at least 30 companies over the last two years .
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