> East Texas was popular with plaintiffs because it was very troll-friendly.
Plaintiff-friendly, whether or not the plaintiff was a troll.
And even that has noticeably been changing in the last couple years.
> Delaware is popular with companies because of its tax laws.
No, it popular because it is perceived as having both very well settled and very well understood corporate governance law, so that investors are secure.
> Delaware knows what side it's bread is buttered.
Delaware has only limited influence over the composition, court rules, and judgments of the US District Court for the District of Delaware, which the State of Delaware does not control. So, even to the extent that Delaware wants the court to rule a particular way, its ability to influence it is quite limited.
... and given that many companies are incorporated in Delaware, it's not unlikely that the defendant and plaintiff in a suit would often both be Delaware companies. So it's unclear that favoring one or the other would be better for Delaware from the perspective of maintaining their status as the go-to destination for incorporation.
Plaintiff-friendly, whether or not the plaintiff was a troll.
And even that has noticeably been changing in the last couple years.
> Delaware is popular with companies because of its tax laws.
No, it popular because it is perceived as having both very well settled and very well understood corporate governance law, so that investors are secure.
> Delaware knows what side it's bread is buttered.
Delaware has only limited influence over the composition, court rules, and judgments of the US District Court for the District of Delaware, which the State of Delaware does not control. So, even to the extent that Delaware wants the court to rule a particular way, its ability to influence it is quite limited.