Jennifer Barnette

Cooley LLP

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Blog: FAQ - Delaware Public Benefit Corporations

What is a Delaware public benefit corporation? A Delaware public benefit corporation (PBC) is a for-profit corporation intended to produce a public benefit and operate in a responsible and sustainable manner. A PBC must be...more

5/12/2020 / Board of Directors , Corporate Governance , Fiduciary Duty , Public Benefit Corporation

Blog: You’re a Delaware Public Benefit Corporation — Now What?

So you’ve decided to incorporate as (or convert into) a Delaware Public Benefit Corporation (PBC). In your Certificate of Incorporation you have chosen a public benefit, or mission statement. Now what? This article discusses...more

5/12/2017 / Benefit Corporations , Board of Directors , Corporate Social Responsibility , Public Benefit Corporation , Shareholders

Blog: So You Want to Be a “B Corp.” — What Does That Mean?

Many of our clients approach us with some variation of “We want to be a B Corp.” What does that mean exactly? The term “B Corp” is often used interchangeably to refer to both benefit corporations and Certified B Corporations,...more

5/12/2017 / B Corporation , Benefit Corporations , Corporate Governance , Public Benefit Corporation , Shareholders

Blog: Delaware Public Benefit Corporation — Is It Right For You? A Five-Part Test

If you’re an entrepreneur considering incorporating as or converting into a Delaware Public Benefit Corporation (PBC), the following five-part test may be helpful in determining whether it is the right choice of entity. ...more

5/12/2017 / Benefit Corporations , Corporate Governance , Corporate Social Responsibility , Public Benefit Corporation , Shareholders

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