Internal affairs doctrine

The internal affairs doctrine is a choice of law rule in corporations law. Simply stated, it provides that the "internal affairs" of a corporation (e.g. conflicts between shareholders and management figures such as the board of directors and corporate officers) will be governed by the corporate statutes and case law of the state in which the corporation is incorporated, sometimes referred to as the lex incorporationis.[1][2]

  1. ^ Edgar v. MITE Corp., 457 U.S. 624 (1982).
  2. ^ VantagePoint Venture Partners 1996 v. Examen, Inc., 871 A.2d 1108, 1112-1113 (2005).

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