The Delaware Senate confirmed the governor’s appointment of Leo Strine, Jr. as the new Chancellor of the Delaware Court of Chancery. Strine has been a vice chancellor on the court for more than 12 years. I think he would have been anyone’s reasonable choice. (Delaware Senate Confirms Strine as Chancellor., Delaware Corporate & Commercial Litigation Blog, 6/22/2011)
For my take on Strine, who leans somewhat against giving more power to shareowners, see my event coverage, Strine Rocks Stanford.