Delaware

We’re number 1! Currently, Delaware boasts the best lawsuit climate in America. For nine consecutive times now The First State has come in first in lawsuit fairness.

Delaware at a Glance

NERA Study: Impact of Lawsuit Reform Get the Full Report
$73 Potential Tort Cost
Reduction ($1,000,000)
0.28% - 0.76% Potential Increase
in Employment

All Results for Delaware

In the News Today - May 20, 2015

May 20, 2015 | Insights

An anti-fee-shifting measure approved by the Delaware state Senate last week is moving to the lower House. SB 75 would prevent companies from adopting bylaws that force activist shareholders to assume attorneys' fees when they file unsuccessful lawsuits over the decisions of corporate officers. (Delaware Law Weekly) Read More »

Tags: Class Actions, Delaware

Delaware Senate Passes Bill Banning Fee-Shifting Bylaws

May 13, 2015 | Insights

Yesterday, the Delaware Senate passed legislation that would bar companies from forcing the losers of shareholder lawsuits to cover both parties' legal fees. Critics of the bill, including the U.S. Chamber Institute for Legal Reform, claim it will take away an important tool for combating abusive lawsuits against businesses and damage Delaware's highly-regarded legal climate. Read More »

Tags: Delaware

U.S. Chamber Comments on Delaware State Senate Vote on "Fee Shifting" Bill

May 12, 2015 | Press Release

WASHINGTON, D.C. - Lisa A. Rickard, president of the U.S. Chamber Institute for Legal Reform (ILR), issued the following statement today on a vote by the Delaware State Senate to bar companies from adopting "fee shifting" bylaws to guard against abusive merger-and-acquisition lawsuits (SB 75): Read More »

Tags: Delaware

ILR Delivers Letter & Testimony in Response to Delaware Senate's Fee Shifting Legislation

May 07, 2015 | Insights

ILR delivered this letter and testimony in response to the Delaware Senate Judiciary Committee's consideration of SB-75, which would restrict a corporation's ability to adopt fee shifting bylaws. Read More »

Tags: Delaware

ILR's Lisa Rickard Opposes Fee-Shifting Measure in Delaware Senate

May 06, 2015 | Insights

"Helping trial lawyers instead of shareholders calls into question Delaware's commitment to maintaining the balanced legal system that until now has been the hallmark of its corporate franchise," said ILR President Lisa A. Rickard, in a Delaware Law Weekly story about ILR's opposition to a bill aimed at banning corporate "fee-shifting" bylaws. Read More »

Tags: Delaware

In the News Today - April 21, 2015

April 21, 2015 | Insights

A Wall Street Journal opinion piece comments on the "foreign-bribery sinkhole" at the Justice Department, noting that it takes more than seven years on average to conclude Foreign Corrupt Practices Act (FCPA) cases, coming at a huge cost to companies. (Wall Street Journal) Read More »

Tags: Unclaimed Property, Delaware

Cracking Down on Delaware's Unclaimed Property 'Cash Grab'

April 20, 2015 | Insights

The courts may be on the verge of significantly curtailing a controversial cash-grab program for the state of Delaware. Read More »

Tags: Unclaimed Property, Delaware

In the News Today - April 7, 2015

April 07, 2015 | Insights

Looking to heighten their enforcement profile, federal agencies such as the Securities and Exchange Commission (SEC) and the Federal Energy Regulatory Commission (FERC) are tapping former Justice Department prosecutors to lead their enforcement units, and in the case of FERC, to lead the entire agency. (Wall Street Journal) Read More »

Tags: Securities Litigation Reform, Delaware

DE Proposal to Prohibit Fee-Shifting 'Huge Win for Lawsuit Business'

March 12, 2015 | Insights

ILR president Lisa A. Rickard was quoted in Reuters regarding the Delaware State Bar Association's proposal to prohibit businesses in the state from adopting fee-shifting bylaws. Read More »

Tags: Delaware

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