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It's an accurate statement. The US (specifically Delaware) has a world-class corporate law system. Delaware has a court dedicated to only corporate and commercial disputes, with 200+ years of case law.


Man, good thing no one’s ever done something like reincorporate Tesla and SpaceX in Texas after loosing a court case in said Delaware court and having a pissy fit about it.


The state of incorporation doesn't often matter in interstate contracts. Usually they will include a choice of law and forum selection clause specifically to avoid this kind of thing.



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