The Court of Chancery has amended 12 Del. C. Section 3521 to allow trust beneficiaries to waive the need for future judicial accountings. On all existing testamentary trust cases, if
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News
Sections 204 and 205 of the Delaware General Corporation Law Enacted
On April 1, 2014, new provisions of the Delaware General Corporation Law (the DGCL) went into effect, Sections 204 and 205 of the DGCL.
Section 204 of the DGCL provides…
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Amendments to Court of Chancery Rule 171 and Rule 10 will be Effective Tomorrow
Tomorrow, April 1, 2014, the Court’s amendments to Rule 171 and Rule 10 will go effective. Through these amendments, the Court has required that all pleadings, papers, letters and other…
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New Chancellor of the Court of Chancery Nominated by Governor Markell
Delaware Governor Jack Markell recently nominated Andre Bouchard for Chancellor of the Court of Chancery. This position is presently vacant as a result of the appointment of Leo E. Strine…
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U.S. Supreme Court Denies Certiorari in Delaware Chancery Arbitration Case
On March 24, 2014, the U.S. Supreme Court declined to hear the Delaware Court of Chancery’s appeal of the Third Circuit Court’s ruling declaring its confidential arbitration program unconstitutional. In…
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Leo E. Strine, Jr. Nominated for Chief Justice of the Delaware Supreme Court
Chancellor Leo E. Strine, Jr. has recently been nominated by Governor Jack Markell to succeed retired Chief Justice Myron Steele as the highest ranking member of the judiciary of the…
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Third Circuit Strikes Down Chancery’s Private Arbitration Program
The United States Court of Appeals for the Third Circuit recently held as unconstitutional the Delaware Court of Chancery’s private arbitration program in the case of Delaware Coalition for Open …
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Sheldon K. Rennie Appointed as Judge to the Delaware Court of Common Pleas
The Honorable Sheldon K. Rennie, a former partner with Fox Rothschild LLP, and editor of this blog, was nominated as a Judge with the Court of Common Pleas of New…
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Panel Discussion at the Cardozo School of Law on the Challenge to the Court of Chancery’s Private Arbitration Proceedings
On February 7, 2013, the Benjamin N. Cardozo School of Law, Yeshiva University will be hosting a panel discussion on the challenge to the Delaware Court of Chancery’s Arbitration Proceedings.
Court of Chancery Issues Discovery Guidelines
The Court of Chancery has recently expanded its Guidelines for Practitioners, to incorporate guidelines regarding discovery. On January 13, 2012, this blog provided a summary review of…
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