Is Dexit Warranted? A Texas federal court recently underscored at least one good reason companies are voting to depart from Delaware.

By Daniel W. Glasser on May 16, 2025. For decades, Delaware has been regarded as the “go-to” forum for business formation, especially for publicly traded companies. The state’s Court of Chancery, a specialized court dedicated exclusively to business matters, has provided companies with consistent, predictable, and expert resolution of corporate disputes without jury trials. Delaware’s General Corporation Law has long …