Court of Chancery expands for the first time since '89 - Technical.ly Delaware

Civic

Oct. 5, 2018 9:25 am

Court of Chancery expands for the first time since ’89

Morgan Zurn and Katie McCormick bring the number of chancellors on the nation's favored business court to seven.

The nation's top business court welcomes two new chancellors.

(Photo by Pexels user Pixabay, used under a Creative Commons license)

The Delaware Court of Chancery is known across the nation as the business court in the land, serving the many entities incorporated in Delaware, including some of the world’s biggest companies, like Apple, Yelp and Coca-Cola. Remember when Mark Zuckerberg hung out at the Iron Hill Brewery last year? The Court of Chancery — where Zuckerberg testified in a stock restructuring case against Facebook — was why.

This week, the Court got bigger. Two new vice chancellors — both women — have officially expanded the Court of Chancery, for the first time in nearly 30 years. Morgan Zurn and Katie McCormick were unanimously approved by the State Senate on Oct. 4.

From Delaware State News:

The Court of Chancery oversees disputes and questions involving some of the world’s largest companies. Delaware is home to more than 1 million legal entities, including two-thirds of the Fortune 500 companies, and the Court of Chancery and its detailed case law is a major reason why.

“What’s different about our courts for the business community is we deliver real-world answers with world-class quality,” Chief Justice [Leo] Strine said in a November budget hearing. “Remember for businesses, they’re not going to agree with everything you do. Nor are the stockholders. But you get a fair shake here.”

Zurn and McCormick are the third and fourth women to serve on the Court of Chancery.

-30-
JOIN THE COMMUNITY, BECOME A MEMBER
Already a member? Sign in here

Advertisement

The Delaware Chancery Court case that was like ‘TMZ on steroids’

Learn the basics of protecting your intellectual property

Tech2gether 2017 is seeking speakers in fintech and legaltech

SPONSORED

Delaware

Join our Technical.ly Match beta, an opt-in alternative to recruiting

Kennett Square, PA

Chatham Financial

Software Developer in Test

Apply Now
Kennett Square, PA

Chatham Financial

User Experience Designer

Apply Now
Kennett Square, PA

Chatham Financial

Full Stack Software Developer

Apply Now

Zynga lawsuit reopened in Delaware Supreme Court

This professor thinks your ideas are worth protecting. Come learn how

Counsl is now CorpTech

SPONSORED

Delaware

Win up to $360,000 in funding at the WeWork Creator Awards

Wilmington, DE

CSC

Business Analyst

Apply Now
Wilmington DE

JPMorgan Chase & Co.

Hadoop, Big Data Associate

Apply Now
Wilmington DE

JPMorgan Chase & Co.

VP, Kafka Software Engineer

Apply Now

Sign-up for daily news updates from Technical.ly Delaware

Do NOT follow this link or you will be banned from the site!