An interview with Justice Randy Holland

The Internal Affairs Doctrine of the U.S. Constitution provides that disputes between shareholders and directors (and other internal matters) must be decided by the state of incorporation. Since publicly traded corporations have stockholders in every state, such litigation is frequently commenced in...

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Veröffentlicht in:The Judges' journal 2014-06, Vol.53 (3), p.4
1. Verfasser: Edmunds, Jr., Robert H
Format: Artikel
Sprache:eng
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Zusammenfassung:The Internal Affairs Doctrine of the U.S. Constitution provides that disputes between shareholders and directors (and other internal matters) must be decided by the state of incorporation. Since publicly traded corporations have stockholders in every state, such litigation is frequently commenced in the state and federal courts of the other 49 states. In an effort to accommodate other jurisdictions, the Delaware Constitution provides for certified questions to the Delaware Supreme Court from all federal courts, the highest court in each state, the Securities and Exchange Commission, and all bankruptcy courts. Because Delaware is the home of incorporation for so many publicly traded companies, the decisions of the Delaware Supreme Court effectively represent the corporate law of the United States. [...]you were just selected for the 2015 Justice Lewis Powell Professionalism Award, which will be presented at the United States Supreme Court.
ISSN:0047-2972
2162-9749