Delaware: Corporate Haven or Legal Loophole?

This chapter examines Delaware's unique role in U.S. corporate governance, where its lenient incorporation laws attract a multitude of businesses, often with little oversight. It highlights both the advantages of forming companies in Delaware, such as anonymity and tax benefits, and the darker implications, including tax evasion and the facilitation of criminal activities. The discussion raises important questions about the need for reform and transparency in the face of these practices.