Tuesday, February 5, 2013

The Super Bowl of Corporate-Friendly Law

Well, Super Bowl XLVII (that's 47 to you and me) is now in the books, with Baltimore's 34-31 win over San Francisco.  This was an especially good Super Bowl for story lines, including the Brothers Harbaugh, Beyonce's singing/syncing, the Blackout, the comeback, the goalline stand, the commercials, Ray Lewis, deer antler spray, the Pistol formation, post-Katrina New Orleans, and everything else.  But what I found most interesting about the game was the lack of major college pedigree from the two starting quarterbacks.  Baltimore's Joe Flacco played at the University of Delaware Fightin' Blue Hens.  San Francisco's Colin Kaepernick played for the University of Nevada Wolf Pack.

Besides being the breeding ground for two of the top young quarterbacks in pro football, Delaware and Nevada are also two of the most corporation-friendly states in the country.  Delaware corporate law is the gold standard for corporate law in the country.  Nevada is quickly rising as a popular place to incorporate based upon, among other factors, its lack of franchise tax or corporate income tax.

Delaware and Nevada.  Quarterbacks and Corporations.  Hmmmm.