The state of Delaware has made itself a very comfy home for corporations to legally domicile themselves.  Many large publicly listed companies are officially Delaware corporations, in part because the Delaware Chancery Court has specialized in issues of corporate governance and is widely regarded as expert and fair.  But another component of Delaware’s legal system for registering and governing corporations is its lack of transparency compared to other states.  Owners of companies registered in Delaware can remain anonymous.  Like, for example, in Panama. Thus, as The Free Beacon reports: The address “1209 North Orange Street” in Wilmington, Del., has become known in recent years as the epicenter of U.S. corporate secrecy. The squat, split-level building is the official address of over 285,000 companies, many of which are looking to take advantage of Delaware’s Panama-like secrecy rules, tax incentives, and business-friendly case...(Read Full Post)