The Corporate Laws Committee of the Business Law Section of the ABA recently issued a white paper on benefit corporations. The white paper discusses various benefit corporation alternatives states have adopted. It also includes language that could be used by a state that is amending its business corporation act to address benefit corporations. Frederick Alexander, a member of the Corporate Laws Committee and the principal drafter of the white paper, spoke on the white paper.
Frederick H. Alexander, Morris, Nichols, Arsht & Tunnell
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