OPINION Companies Openly Saying Being Incorporated in Delaware Could Hurt Their Options
Folks, for the first time to my knowledge, companies are saying that being incorporated in Delaware could hurt their business and discourage opportunities going forward.
While companies leaving Delaware has become a dreadful problem, threatening to more deeply hurt the outlook for America’s First State, this is even worse that companies are saying being in Delaware may be detrimental.
I thought it couldn’t get worse! What do you think? Please share your thoughts, they’re valued and appreciated.
Please click on the X link from Leave Delaware below. This is scary stuff, folks.
Being Incorporated in Delaware Could Threaten Acquisition Opportunities
On March 27, 2025, 3 companies filed that Delaware law could prevent their companies from being acquired.
—Durect Corp., MySize Inc., and Aspira Women’s Health Inc.— per their annual shareholder reports
Our certificate of incorporation, bylaws and Delaware law could discourage an acquisition of us
Judson Bennett
Author
Captain A. Judson Bennett was a life- long resident of Lewes, DE. He served the maritime industry for 33 years, primarily as a Delaware River Pilot, guiding large ships to the Port of Philadelphia. Captain Bennett has been an active and consistent entrepreneur over the years.
He was elected as a Lewes City Councilman for 6 years. Afterwards he ran for the Sussex County Council as a Republican, and with 20 thousand people voting, lost Delaware’s closest election by 3 votes to an 8 year incumbent. Abandoning his personal political ambitions, he became the Republican District leader, advocating conservative values. Captain Bennett became a lobbyist in the state legislature advocating among many ideas, financial literacy concepts in education. He managed several political campaigns, including one for Governor of Delaware and one for the US Senate against VP Joe Biden. He is now the owner, operator, and writer for the Coastal Network which communicates regularly with over 6000 people throughout the State of Delaware.
Captain Bennett is a graduate of St. Andrew’s School in Middletown, DE (where the movie “The Dead Poet’s Society was filmed) and also graduated “Magna Cum Laude” from the University of Delaware with a BA in Criminal Justice and an MA in Liberal Studies.
He is now a Widower, living in West Palm Beach, Florida. Captain Bennett has one son, three grandchildren, and one great grand-daughter, all who live in Richmond, Virginia.
