The Court of Chancery, as many of you know, is one of the great perks of incorporating in Delaware. At Harvard Business Services, Inc., we like to keep up with the latest news regarding nominations. Here's an excerpt from a Delawareonline article on this latest breaking news.
Vice Chancellor Leo E. Strine Jr., the colorful and sometimes combative judge in Delaware's Court of Chancery, has been nominated to lead the forum considered the premier venue for corporate battles and the linchpin to the state's lucrative incorporations franchise.
Gov. Jack Markell announced the nomination Wednesday, just one week before the scheduled retirement of Chancellor William B. Chandler III, whose last day is June 17.
Strine, 47, who is widely known in America's corporate law community as a highly intelligent and talented jurist, has served on the court since 1998 as one of four vice chancellors. In that position, Strine developed a national reputation for his penetrating opinions and courtroom humor.