Delaware holding companies are a byproduct of Delaware state income tax law that allows out-of-state companies to exempt some of their income from taxation. Specifically, the Delaware Code provides that:
Wired.com has a piece about Elon Musk's revolutionary proposals for a high-speed transit system capable of carrying passengers cross-country in less than an hour. Buried in the article is this interesting tidbit:
We previously noted here Professor George Kuney’s recent critique of legal education, in which he focused on the need to restructure traditional law firm summer associate programs.