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

Delaware's Corporate-Friendly Brand 'Facing an Unusual Amount of Pressure'

August 31, 2015 | Insights

www.delawareonline.com/story/news/local/2015/08/28/discord-tests-delawares-corporate-friendly-image/71319508/ Read More »

Tags: Lawsuit Abuse Impact, Delaware

'Growing Tide' of Shareholder Lawsuits Causing Companies to Sour on Delaware as their Corporate Homes

August 03, 2015 | Insights

The Wall Street Journal reports on a number of major corporations who are reconsidering the state of Delaware as their corporate homes. Read More »

Tags: Delaware

Addressing Abusive M&A Lawsuits in the Wake of Delaware's "Fee-Shifting" Prohibition

July 20, 2015 | Insights

Business Insurance highlights recent Delaware legislation prohibiting corporate "fee shifting" bylaws and the impact in "addressing the rising costs of litigation associated with merger and acquisition activity." Read More »

Tags: Delaware

In the News Today - July 15, 2015

July 15, 2015 | Insights

There is growing "resistance" among Delaware Chancery Court judges to "M&A settlements in which plaintiffs grant defendants broad releases of shareholder claims in exchange for just additional disclosures in deal proxy materials." Last week, Delaware Vice-Chancellors John Noble and Travis Laster both refused to approve disclosure-only settlements, and a Fordham law professor recently filed an objection to the settlement of shareholder litigation over Thoma Bravo's $3.6 billion acquisition of Riverbed Technologies to "provoke debate" on this disclosure-only settlements. (Reuters) Read More »

Tags: Delaware

Delaware Court Dismisses GM Defect Shareholder Suit

July 07, 2015 | Insights

Delaware Vice Chancellor Sam Glasscock dismissed a shareholder lawsuit against General Motors Co. over last year's ignition switch recalls, signaling a positive outlook for the company as it stares down hundreds more cases in connection with the recalls. Read More »

Tags: Delaware, Michigan

In The News Today - June 29, 2015

June 29, 2015 | Insights

ILR President Lisa A. Rickard was quoted on Delaware's recent passage of a law banning fee-shifting corporate bylaws but permitting forum selection, a provision some say ensures the state's ability to filter out meritless lawsuits. "The business world will be watching carefully to see if that promise holds true," she said. (Insurance Journal) Read More »

Tags: Delaware

Reuters Quotes ILR's Lisa Rickard in Story about Fee-Shifting Ban

June 26, 2015 | Insights

ILR President Lisa A. Rickard was quoted by Reuters on the recent signage of a law that bans Delaware companies from adopting fee-shifting bylaws. The bylaws are a method of curbing meritless shareholder litigation by forcing investors who bring unsuccessful lawsuits to pay the company's legal costs. Read More »

Tags: Delaware

In The News Today - June 16, 2015

June 16, 2015 | Insights

ILR's Harold Kim told Business Insurance that an anti-fee shifting bill in Delaware "would eliminate an important mechanism that corporations invoke to protect innocent shareholders against the costs of abusive legislation without providing an adequate replacement tool to deter the filing and prosecution of these illegitimate actions." (Business Insurance) Read More »

Tags: Delaware

Delaware as Nation's Corporation HQ Threatened by New Anti-Fee-Shifting Legislation

June 11, 2015 | Insights

Former SEC Commissioner Paul Atkins writes that Delaware risks "eroding its vaunted position" as the "undisputed champion of where companies choose to call home" if its legislature passes a bill preventing corporations from adopting fee-shifting bylaws. Read More »

Tags: Securities Litigation Reform, 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

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