ELI5: Explain Like I'm 5

Courts of Delaware

Okay kiddo, so you know how sometimes people can't agree on things and they need someone else to help them decide? That's where courts come in. They listen to both sides of the argument and make a decision based on what they think is fair.

Now, Delaware is a special state in America because a lot of big companies like to be based there. This is because the courts in Delaware are really good at making fair decisions that protect the companies and their investors.

The courts in Delaware are split into different levels. The highest level is called the Delaware Supreme Court and they are the ones who make the final decision on really important cases. The next level down is the Delaware Court of Chancery, and they handle cases that deal with things like business contracts.

Overall, the courts in Delaware are really important for businesses because they can help protect them from unfair treatment.