News & Analysis as of

Public Benefit Corporation Choice of Entity

Royer Cooper Cohen Braunfeld LLC

To “B” or Not to “B” a Benefit Corporation *

As counsel for many socially-conscious businesses, perhaps the most frequent early-stage question we field from entrepreneurs is whether they should organize their business as a traditional business entity (such as a...more

BCLP

Making a Difference (and a Profit): Advantages and Disadvantages of Forming or Converting into a “B” Entity

BCLP on

With the creation of “B” Entities, businesses no longer need to choose between shareholder value and social impact. Under traditional corporate structures, directors have a fiduciary duty to maximize corporate profits and...more

BCLP

Making a Difference (and a Profit): Advantages and Disadvantages of Forming or Converting into a “B” Entity

BCLP on

With the creation of “B” Entities, businesses no longer need to choose between shareholder value and social impact. Under traditional corporate structures, directors have a fiduciary duty to maximize corporate profits and...more

Akin Gump Strauss Hauer & Feld LLP

Follow-Up on Delaware Public Benefit Corporations

On August 1, 2013, the Delaware legislature effected amendments to the Delaware General Corporation Law allowing corporations to elect to be formed as, or convert to, a public benefit corporation (PBC) (Subchapter XV of...more

Stinson LLP

Minnesota Public Benefit Corporation Act

Stinson LLP on

In This Issue: - Introduction - Minnesota Public Benefit Corporation Legislation - Effective Date - Types of Public Benefit Corporations - Establishment of a Public Benefit Corporation - Name -...more

Akin Gump Strauss Hauer & Feld LLP

Delaware Public Benefit Corporations: A Brief Introduction

On August 1, 2013, the Delaware legislature added a potentially important new subchapter to the General Corporation Law, allowing corporations to elect to be formed as, or convert to, a public benefit corporation (PBC)...more

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