Abstract

http://ssrn.com/abstract=1795310
 


 



Delaware Corporate Law and the Model Business Corporation Act: A Study in Symbiosis


Jeffrey M. Gorris


Morris, Nichols, Arsht & Tunnell, Attorneys At Law

Lawrence A. Hamermesh


Widener University School of Law

Leo E. Strine Jr.


Government of the State of Delaware - Supreme Court of Delaware; Harvard Law School; University of Pennsylvania Law School

March 25, 2011

Law and Contemporary Problems, Vol. 74, p. 107, 2011
Widener Law School Legal Studies Research Paper No. 11-15

Abstract:     
Despite criticism of Delaware’s corporate statutes by the drafters of the original Model Business Corporation Act (MBCA), there has been a constructive symbiosis between the MBCA and Delaware’s corporation law, including its statutory component: each set of statutes has been informed by drafting and case-law experience generated under the other; especially in recent years, Delaware’s legislature and judiciary have initiated important new elements of corporate law, subsequently adopted by the MBCA; and the MBCA’s more deeply deliberative style has led to useful refinements of Delaware law.

Number of Pages in PDF File: 15

Keywords: Delaware, corporation law, corporate law, model business corporation act, corporations

JEL Classification: K22

Accepted Paper Series


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Date posted: March 26, 2011  

Suggested Citation

Gorris, Jeffrey M. and Hamermesh, Lawrence A. and Strine , Leo E., Delaware Corporate Law and the Model Business Corporation Act: A Study in Symbiosis (March 25, 2011). Law and Contemporary Problems, Vol. 74, p. 107, 2011; Widener Law School Legal Studies Research Paper No. 11-15. Available at SSRN: http://ssrn.com/abstract=1795310

Contact Information

Jeffrey M. Gorris
Morris, Nichols, Arsht & Tunnell, Attorneys At Law ( email )
1201 North Market Street, 18th Floor
P.O. Box 1347
Wilmington, DE 19899-1347
United States
Lawrence A. Hamermesh (Contact Author)
Widener University School of Law ( email )
PO Box 7474
Wilmington, DE 19803
United States
302-477-2132 (Phone)
302-477-2257 (Fax)
Leo E. Strine Jr.
Government of the State of Delaware - Supreme Court of Delaware ( email )
820 N. French Street
P.O. Box 1997
Wilmington, DE 19801
United States
Harvard Law School ( email )
1563 Massachusetts Ave
Cambridge, MA 02138
United States
University of Pennsylvania Law School ( email )
3501 Sansom Street
Philadelphia, PA 19104
United States
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