The Delaware Chancery Court As Corporate Regulator

Law360, New York (November 7, 2011, 3:49 PM EST) -- The Delaware Chancery Court has become the regulator of first and last resort overseeing director conduct in approving corporate transactions. For corporations incorporated in Delaware, which is most public companies, it is the Delaware court that has grown into the final arbitrator as to whether shareholders of the corporation are properly protected and are treated correctly when a corporate transaction is proposed.

The announcement of a proposed merger, buyout or significant sale of assets is often followed by the commencement of legal proceedings. Regardless of how...
To view the full article, register now.
Law360 Pro Say Podcast
Check out Law360's new podcast, Pro Say, which offers a weekly recap of both the biggest stories and hidden gems from the world of law.