Articles & Interviews

Delaware Practice Benefits From A Powerful And Effective Judiciary

Editor: On January 18, 2011, the Delaware Court of Chancery became one of the first state courts to issue a guideline for the preservation of electronically stored information (ESI). Can you provide some background on this development? Bissell: The development of best practices for...

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Bankruptcy: The Game-Changer For Directors And Officers Who May Face Claims By Shareholders Or Others

Directors of solvent Delaware corporations typically hope and expect to look to what has been referred to as the "three-legged stool" of protection against loss: (i) exculpation from liability for money damages caused by a breach of the fiduciary duty of care; (ii) advancement of defense expenses...

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Recasting The Gold Standard: Proposed Amendments To The DGCL

Within the past two years there has been considerable debate over the appropriate roles of stockholders and directors in Delaware corporations. To adapt and respond to the continually changing landscape of corporate law and practice, several amendments to the Delaware General Corporation Law ("...

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