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The New York Court of Appeals upheld that a corporation’s internal affairs are governed by its place of incorporation, ...
Section 626 of New York’s Business Corporation Law governs standing to sue derivatively in New York. It states that “an action may be brought in ...
The Delaware Supreme Court, for example, has held that “internal affairs doctrine is a major tenet of Delaware corporation law having important federal constitutional underpinnings.” ...
The incorporation doctrine is dubious at best, but even if it’s sound, it can’t be applied to state support of religion that has no coercive effect. If a state gives money to a religious ...
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