While Delaware remains the hub of corporate law with a large number of publicly traded companies choosing to incorporate there, Connecticut is aiming to compete with the state and other large commercial jurisdictions, as recent reforms have been made to state laws governing corporations and limited liability companies.
Corporate law practitioners say these changes to Connecticut’s LLC and corporations law are part of the state’s effort to compete in being friendly to businesses and to entice corporate lawyers to advise their clients to incorporate in Connecticut.
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