M & A Law Prof Blog

Editor: Brian JM Quinn
Boston College Law School

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Tuesday, November 12, 2013

Delaware Arbitration Procedure Appeal Deadline

So, notwithstanding statements that Delaware was considering filing an appeal of the third circuit's opinion declaring the Chancery Court's arbitration procedure unconstitutional, it has allowed the first deadline to pass

Attorneys for Delaware and the Chancery Court could have demanded that all the judges on the U.S. Third Circuit Court of Appeals review the case, a procedure called an “en banc” review, but the deadline to make that request expired Nov. 6, leaving only a possible appeal to the U.S. Supreme Court, which must be done by January 21.

We'll see.  My personal opinion: Delaware should permit the arbitration procedure to go forward, but require the proceedings to remain open to the public.  

-bjmq

http://lawprofessors.typepad.com/mergers/2013/11/delaware-arbitration-procedure-appeal-deadline.html

Delaware, Litigation | Permalink

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