Three Of The Court Of Chancery Named To The Directorship 100

Saturday, November 1, 2008 - 00:00

For the second year in a row, Delaware Supreme Court Chief Justice Myron T. Steele, Court of Chancery Chancellor William B. Chandler III and Vice Chancellor Leo E. Strine, Jr., have been named to the 100 most influential individuals and institutions that are shaping boardrooms in America by Directorship, a leading magazine for public company board directors, in the September 1, 2008 publication.

In placing the Delaware courts on its list of the top 100 influential players in corporate governance, Directorship noted that Chief Justice Steele's "name jumps immediately to mind when thinking of the vastly influential decisions that have defined corporate law over the past decade, including the recent decision in the CA Inc. case. It was noted that Chief Justice Steele "has presided over dozens of corporate-law cases whose decisions have been felt throughout the nation in his 20 years as a Delaware jurist.

Chancellor Chandler is recognized "for the authority of his office and his scholarly wit, which have contributed to the respect and admiration he has earned as the Delaware Chancellor." Directorship noted Chancellor Chandler's decisions in the Walt Disney case and more recently in a case involving a Yahoo shareholder have a great impact on the role of the director. According to the Directorship, Vice Chancellor Strine is "known for his sharp pen and well-reasoned rulings, including a recent dispute between Clear Channel and a buyout firm that he called 'rich bouillabaisse of exciting M & A facts' to dig into."