Issue of December 12th, 2007

Chancery Court Claims Jurisdiction in Derivative Suit

In a decision likely to catch the attention of corporate attorneys everywhere, the Court of Chancery ruled that it has jurisdiction over out-of-state practitioners named as defendants in derivative suits.    More


Del. Lawyers Provide Insight on General Corporation Law Revisions

Wisconsin has its cheese, Idaho has its potatoes and Delaware has its General Corporation Law. Some estimates say more than a quarter of the state’s revenue is generated by the Delaware General Corporation Law (DGCL), the alternative entity law, their attendant legal and judicial activity. This is no doubt why members of the bar work hard and carefully each year to improve the Delaware Code.    More


European Union Fines 4 Chemical Cos. Including DuPont

European Union regulators levied about $350 million in fines against DuPont and three other chemical companies last week for fixing the price of a type of rubber used to make shoe soles, condoms and other products.    More

NEWS IN BRIEF:

• Magazine Honors Steele
• Superior Court Expands Use of eFiling System
• South Asian Bar Holds Holiday Season Dinner

To submit a story, ideas, or People in the News items,     contact John Manser.

Editor:	John F. Manser jmanser@alm.com	Phone: (800) 722-7670 - Ext: 2382    Fax : (215) 557-2301