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539. Why Does One Tiny State Set the Rules for Everyone?

Freakonomics Radio

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Delaware's Chancery Court: A Double-Edged Sword

This chapter explores the distinctive structure and functioning of Delaware's Court of Chancery, emphasizing its role in fiduciary disputes without juries. It evaluates the state's unique reputation for corporate anonymity while questioning the balance between transparency and accountability. Additionally, the chapter discusses the influence of political figures in shaping Delaware's business-friendly laws, particularly in the lending industry.

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