In a high-profile case, the New York Supreme Court had occasion to articulate the equitable doctrine of cy pres. In In re Paul Smith’s College of Arts and Sciences,
In Stanford Social Innovation Review, Kate Cooney, Justin Koushyar, Matthew Lee, & Haskell Murray have published a study on new forms of business entities entitled "Benefit Cor
For over a century, Delaware has been a popular domicile for business entities of all types.
New Hampshire has become the latest state to enact a benefit corporations statute. In July 2014, Governor Maggie Hassan signed into law the New Hampshire Benefit Corporation Act, NH RSA 293-C.
UPDATED 1/8/14 at 3:09 PM: Governor Markell's office confirms that Chancellor Strine has been nominated for the position of Chief Justice of th
Oregon, which previously passed a benefit corporation statute, has now become the second state in the country to enact benefit limited liability company (BLLC) legislation.