Chancery Court's Arbitration Loss Won't Tarnish Sterling Rep

Law360, Wilmington (September 4, 2012, 6:49 PM EDT) -- A federal judge's decision barring Delaware Chancery Court judges from arbitrating business disputes behind closed doors won't knock the venerable court off its pedestal in the realm of corporate law, experts say, despite ominous warnings from the court itself.

On Thursday, U.S. District Judge Mary A. McLaughlin cut down the Chancery Court's private arbitration program, agreeing with a nonprofit that sued the court and its five judges in November that the process violates the First Amendment right of access to the courts.

Set up by a...
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.