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Corporate Governance

: The Race to the Bottom

Delaware and Responsibility for the Current Financial Turmoil

By J. Robert Brown

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Marcia Coyle from the National Law Journal has written a nice piece, Delaware in the Crosshairs, an examination of the responsibility of Delaware and its courts for the current crisis in the financial markets. As the article notes: "The federal financial bailout contained a small inroad on the national dominance by Delaware law and courts on corporate governance issues, but that state and its courts soon may see larger federal vehicles barreling toward them because of the economic crisis." It is worth a look. For a bit more, see the post from the Conglomerate on the article.

Full post as published by The Race to the Bottom on October 16, 2008 (boomark / email).

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