[1117] in Commercialization & Privatization of the Internet
CIX Association, Inc.
daemon@ATHENA.MIT.EDU (Barry Shein)
Mon Aug 5 21:14:10 1991
Date: Mon, 5 Aug 91 21:12:16 -0400
From: bzs@world.std.com (Barry Shein)
To: rick@uunet.uu.net
Cc: com-priv@psi.com
In-Reply-To: Rick Adams's message of Mon, 5 Aug 91 18:24:11 -0400 <9108052224.AA09298@uunet.UU.NET>
The difference that's usually raised is director's liability, tho
there are some others, none this list should be concerned with to my
knowledge (or put better, it would be nice if someone would cite those
concerns rather than just alluding to them.)
A few years ago Massachussetts and Delaware were actually having
incorporation law wars, trying to outdo each other and draw in the
incorporation biz, I guess they make enough money on this stuff to be
worth the bother.
Because Mass and Delaware tend to be very close (purposely), and the
more favorable states, it's not at all shocking that an attorney would
have lots of boilerplate to use and be able to offer a cheaper
incorporation in one or both of them.
We went with Massachussetts for the same reason, about the same laws,
about the best, and our attorney had boilerplate so it was cheapest
for us. But when I raised the question of "why not Delaware?" that was
the story I got.
-Barry Shein
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