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Delaware acquired its status as a corporate haven in the early 20th century. Following the example of New Jersey, which enacted corporate-friendly laws at the end of the 19th century to attract businesses [5] from New York, Delaware adopted on March 10, 1899, a general incorporation act aimed at attracting more businesses.
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Title 10, Section 342 of the Delaware Code provides that the Court shall not hear any matters for which an adequate remedy exists at law or which can be heard by any other Delaware court. [8] As a practical matter, this means that the Court cannot grant relief in the form of money damages to compensate a party for a loss or where another court ...
William C. Carpenter, Jr. 1985 1993 Ronald Reagan and George H. W. Bush: Gregory M. Sleet: 1993 1998 Bill Clinton: Carl Schnee: 1999 2001 Bill Clinton Colm Connolly: 2001 2009 George W. Bush: Charles Oberly: 2010 2018 Barack Obama and Donald Trump: David C. Weiss: 2018 present Donald Trump and Joe Biden
The Delaware Constitution establishes a number of courts: The Delaware Supreme Court is the state's highest court. The Delaware Superior Court is the state's trial court of general jurisdiction. The Delaware Court of Chancery deals primarily in corporate disputes. The Family Court handles domestic and custody matters.
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Delaware's economy shifted to a manufacturing base in the late 19th century, led by the transformation of the DuPont Company. [1] Modern growth in the financial workforce has overtaken the manufacturing sector in the state's economy. The Delaware General Corporation Law provides a flexible and stable framework for national incorporation. [2]
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