Corporate Bylaws Center of Chancery Court Focus in 2014
The Delaware Court of Chancery largely focused its attention in 2014 on the validity of fee-shifting and exclusive forum bylaws. Although both issues remain largely undefined, the plaintiff activity in these cases could help decide the scope of such bylaws next year.
January 04, 2015 at 10:36 PM
6 minute read
The original version of this story was published on Law.com
Editor's Note: This piece originally appeared in the Delaware Business Court Insider, a sibling publication of the New York Commercial Litigation Insider.
The Delaware Court of Chancery largely focused its attention in 2014 on the validity of fee-shifting and exclusive forum bylaws. Although both issues remain largely undefined, the plaintiff activity in these cases could help decide the scope of such bylaws next year.
Other significant events impacting the Chancery Court in 2014 included the appointment of a new chancellor and an end to the Chancery Court's arbitration program. In an unusual move for an equity court, the Chancery Court issued its first-ever arrest warrant in April.
|Chancellor Bouchard
Former corporate litigator Andre G. Bouchard was confirmed as chancellor of the Delaware Court of Chancery in April. He replaced former Chancellor Leo E. Strine Jr., who was promoted to chief justice of the Delaware Supreme Court.
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