Delaware Supreme Court News

Businesses Lobby Delaware to Keep ‘Loser Pays’ Option in Shareholder Suits

Big business is lobbying Delaware lawmakers for corporate bylaws to shift legal fees to shareholders who sue and lose, which legal experts say could curtail a booming type of investor class actions. An affiliate of the U.S. Chamber of Commerce …

Delaware Court Backs Fee-Shifting in Shareholder Class Actions

Delaware’s Supreme Court has ruled that corporations can adopt bylaws requiring an investor who sues and loses to pay the company’s legal costs, potentially upending the economics of a booming type of shareholder litigation. Thursday’s ruling in the little-noticed case …

Del. Gov. Nominates Corporate Attorney Bouchard to Lead Chancery Court

Delaware lawyer Andre Bouchard was nominated on Thursday to replace Leo Strine as the chief judge of the state’s Court of Chancery, one of the premier venues for business disputes, according to a statement by Delaware Gov. Jack Markell. Strine …

Delaware Chancery Court’s Strine Nominated to Lead State’s Supreme Court

Leo Strine, the outspoken chief judge of Delaware’s nationally important business court, has been nominated to lead the state’s Supreme Court, Delaware Governor Jack Markell said on Wednesday. The move, if confirmed, would take Strine’s outsize persona away from the …

Delaware’s Corporate Courts on Brink of Big Change

Two of the most important courts for resolving U.S. business disputes, Delaware’s Court of Chancery and its state Supreme Court, may be on the cusp of a dramatic turnover that could affect corporate cases for years to come. The state’s …

Delaware Court Allows Blockbuster $305 Million Attorneys’ Fee

Two law firms were poised on Friday to collect a blockbuster $305 million in legal fees for their work on a lawsuit, after Delaware’s Supreme Court declined to consider a challenge to the payout. The fee award to law firms …