Federalism and Corporate Law: Reflections upon Delaware

Федерализм и корпоративное право: размышления о штате Делавэр
William L. Cary
1974-03-01

Delaware corporate lawMichigan Corporation Lawcorporate lawfederalism
18.One sponsor of the new Michigan Corporation Law described it as an effort "with the primary purpose of providing a unified, simple code that would, in the words of some, out-Delaware Delaware."Downs, Michigan to Have A New Corporation Code?, 18 WAYNE ST.L. REV.
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Michigan’s new Corporation Law was presented as a unified, simplified code designed to “out-Delaware Delaware.”
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The abstract frames Delaware corporate law as a benchmark that Michigan sought to surpass through legislative competition.
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The paper’s focus is the relationship between federalism and corporate law, examined through reflections on Delaware and Michigan’s corporate-code reform.

Delaware corporate law and the new Michigan Corporation Law

Federalism and the comparative effort to create a unified, simple corporate code that could rival Delaware’s law

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1974-03-01
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William L. Cary
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