Program examines Delaware’s famed general corporation laws
Public Relations - Published: April 29, 2008

Delaware’s famed corporation law and how it fits into a 21st-century world will be the subject of a daylong conference that draws practicing business law attorneys and corporate law scholars from Delaware, the nation and around the world.

The Monday, May 5 event, “The Delaware General Corporation Law for the 21st Century,” will be held in the Ruby R. Vale Moot Courtroom in the Delaware campus main law building. Principal sponsors are the law school and Corporation Service Company, a leading provider of legal and financial services for many of the world’s largest companies, law firms and financial institutions. Other event sponsors include The Vale Foundation, Abrams & Laster LLP, Potter Anderson & Corroon LLP, Richards Layton & Finger, P.A., and Skadden Arps Slate Meagher & Flom LLP.

Participants will consider whether Delaware’s general corporation law needs reforming to meet global challenges brought by revolutionary changes in technology, finance and capital markets that have taken place since the law was revamped 40 years ago. Presenters will consider the potential for statutory reform affecting takeovers, stockholder litigation and corporate governance.

Speakers for the day include academics from schools around the nation and world, including Professor Lucian Bebchuk of Harvard Law School, Professor Jennifer Hill of the University of Sydney Law School in Australia and Professor Charles Elson of the University of Delaware. Presenting attorneys work in Delaware and New York practices and have represented stockholders and corporations in major Delaware litigation. Vice Chancellor Leo E. Strine Jr. of Delaware’s famed Court of Chancery will give a luncheon keynote address.

“Delaware’s corporation law is at the heart of the state’s dominance in public companies’ choice of where to incorporate,” said Lawrence A. Hamermesh, the Ruby R. Vale Professor of Corporate and Business Law and director of Widener’s Institute of Delaware Corporate and Business Law. “As the state’s only law school, we are in a unique position to draw on the resources of the business law community and host a thought-provoking discussion. It should be an enlightening and stimulating day.”

The conference is open to the public. Pennsylvania attorneys who attend will earn six continuing legal education credits and Delaware attorneys who attend will earn 6.3 credits (no ethics). The cost to attend for credit is $100 or $75 for Widener Law alumni, and includes lunch. The event is free to students and the general public, without lunch service.

For more information, or to register, contact Constance Sweeney at 302.477.2177 or cmsweeney@widener.edu.