Foley & Lardner LLP of counsel Alidad Vakili authored the Westlaw article, “Delaware Public Benefit Corporations,” providing an overview of this relatively new type of business entity that has gained popularity in recent years as social and environmental issues have taken center stage.
Vakili explores what sets public benefit corporations (PBC) apart from traditional corporations and Certified B corporations, as well as the benefits and drawbacks of forming a PBC.
“When forming your company, it is important to consider all your options and choose the structure that best fits your needs, and your company mission,” Vakili concludes.
This article was originally published on Foley Ignite.