DECALS -- Delaware Corporate and Legal Services

The Delaware Corporate and Legal Services Blog

DECALS keeps the international legal and business communities current on Delaware Corporate Law and related matters. Subscribe here to receive updates from the Delaware Department of State.

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Faster, Smarter Dispute Resolution with World-Renowned Business Judges: Mediation in Delaware’s Chancery Court

7/31/2014

Litigation is seldom the best option for resolving complex commercial disputes. It is costly, and can be particularly difficult for those unaccustomed to the U.S. judicial process. The Delaware Court of Chancery offers a faster, smarter alternative: Mediation by one of its world-renowned judges.

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Sample Mediation Agreement

7/31/2014

The following is a sample provision that can be included in a commercial contract to require the parties to submit disputes to the Court of Chancery for mediation. The sample provision addresses such matters as payment terms for mediation costs, the minimum time period for mediating the dispute and confidentiality issues.

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Karen Valihura Sworn in as Justice to the Delaware Supreme Court

7/28/2014

Karen Valihura was sworn in by Chief Justice Leo Strine as Justice to the Delaware Supreme Court on July 25 at a swearing-in ceremony at the New Castle County Courthouse.

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Exclusive Forum Bylaws Gain Momentum

7/8/2014

A growing number of Delaware companies are including exclusive forum bylaws in their charters or bylaws to ensure that if business disputes arise, they will be heard by Delaware’s Court of Chancery. Several state courts outside of Delaware have upheld the enforceability of these clauses, and there has been little negative shareholder reaction during the 2014 proxy season for companies adopting such clauses.

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Karen Valihura Confirmed to Serve on Delaware Supreme Court

6/26/2014

Yesterday, the Delaware Senate unanimously confirmed the nomination of Karen Valihura to serve on the Delaware Supreme Court.

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*The views expressed in these articles are solely those of the authors and should not be attributed to the authors’ firms, clients, places of employment, or employers, or to the Delaware Department of State or the State of Delaware, nor do they necessarily represent positions that the authors’ law firms or employers might assert in litigation on behalf of clients unless an article specifically so states. While the articles are intended to accurately describe certain areas of the law, they are not intended to be and should not be construed as legal advice. If legal advice or other professional assistance is required, the services of a competent professional person should be sought.