Plaintiffs And The ABCs (Anywhere But Chancery)

Law360, New York (June 19, 2012, 1:42 PM EDT) -- For decades, Delaware and in particular, its Court of Chancery, has been considered the “go-to” place for sophisticated corporate litigation. It is not difficult to understand why. The majority of public corporations are incorporated in Delaware, as are many private corporations, and directors and officers of Delaware corporations are automatically subject to jurisdiction in Delaware as a consequence of so serving.

Hence, it is not surprising that plaintiffs would regularly chose to bring suit where they can be assured that jurisdiction over the defendants will not...
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