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The internal affairs doctrine is a choice of law rule in corporate 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,[1][2][3] sometimes referred to as the lex incorporationis.[citation needed]
- ^ LoPucki, Lynn M.; Verstein, Andrew (2024). Business Associations: A Systems Approach (2nd ed.). Burlington, Massachusetts: Aspen Publishing. pp. 74–75. ISBN 9798892073653. Retrieved November 15, 2024.
- ^ Edgar v. MITE Corp., 457 U.S. 624 (1982).
- ^ VantagePoint Venture Partners 1996 v. Examen, Inc., 871 A.2d 1108, 1112-1113 (2005).