Known for providing cutting-edge legal advice on matters that are redefining industries, Morrison & Foerster has 17 offices located in the United States, Asia, and Europe. Our clients include Fortune 100 companies, leading tech and life sciences companies, and some of the largest financial institutions. We also represent investment funds and startups.
Four years after Delaware first enacted its Public Benefit Corporation (PBC) statute, the state has taken another step forward in advancing legal entity forms for social enterprises.
Four years after Delaware first enacted its Public Benefit
Corporation (PBC) statute, the state has taken another step forward
in advancing legal entity forms for social enterprises. In August
2018, Delaware added a new legal entity to its code: the Public
Benefit Limited Liability Company, or PBLLC.
Because of the generality of this update, the information
provided herein may not be applicable in all situations and should
not be acted upon without specific legal advice based on particular
situations.
