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Cooley LLP

Blog: What is a Benefit Corporation?

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Over the last several years, there has been a dramatic increase in entrepreneurs interested in using business to drive positive social change. While corporations retain substantial flexibility to pursue social and...more

Cooley LLP

Blog: Chief Justice Strine: In Praise Of B-Corps

Cooley LLP on

In an interesting article In the Harvard Business Law Review, Chief Justice Strine of the Delaware Supreme Court makes clear his view that the concept promoted by some academics and other commentators that corporate directors...more

Cozen O'Connor

Benefit Corporations – A New Type Of Corporation – Are Now Authorized In Pennsylvania

Cozen O'Connor on

On January 23, 2013, the Pennsylvania Benefit Corporation Act (the Act) became effective. The Act authorizes a new type of for-profit business corporation known as a benefit corporation. Pennsylvania is now one of 12 states...more

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