DE law is also, broadly speaking, favorable to corpos -- they didn't just go there because common law got hashed out. Plenty of other east coast states with long histories and lots of lawsuits.
replybut the parent poster is correct: it is unambiguous and well litigated in its benefits and downsides.
even if the benefits are only mild, it makes it easy to map out and control the legal risks.
Off topic: I’ve never seen a flywheel analogy that actually understands what a flywheel is. People love to use it to describe a forever growing thing, when it’s actually just a buffer.
replyIn this case, the flywheel analogy only demonstrates is that there is low friction in the legal system aspect.
replyIf we are talking about a flywheel as an energy storage, low friction is a key component of its ability to store energy as a buffer. If this was not the case, the flywheel would lose its energy quickly on its own and the buffer would be gone.
> People love to use it to describe a forever growing thing, when it’s actually just a buffer.
A thing has other characteristics other than its intended purpose. Your assumption that you need to use intended purpose for a successful analogy is false.
Ah yes, I too have noticed the "prevalence of flywheel-analogy-misuse" flywheel.
reply