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Liability Considerations for Delaware Public Benefit Corporations
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Liability Considerations for Delaware Public Benefit Corporations

By Will Perkins and Christina Bailey

A public benefit corporation (PBC) is a statutorily designated type of corporation in Delaware that melds two concepts that are often seen as opposites: maximizing profit and providing public benefit. This choice of entity presents a compromise for those companies who are committed to operating in a responsible and sustainable manner, while acting as a for-profit entity.

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