Video Friday: Delaware Law Issues Update

CorporateSecretariesThe Society of Corporate Secretaries & Governance Professionals and The John L. Weinberg Center for Corporate Governance at the University of Delaware are pleased to announce a new conference focused on Delaware corporate law issues essential to corporate secretaries, in-house and outside counsel. The conference will be held at the University of Delaware in Newark, Delaware on Wednesday, November 20, 2013 through noon on Thursday, November 21.WeinbergCtr

Registration. Sponsorship Opportunities.

In this interview, Charles Elson previews a program on Delaware legal issues to be held at the University of Delaware November 20-21. Elson is Director of the University’s Weinberg Center for Corporate Governance. He highlights the panels and approach to be used at the November event, including the role of five Delaware judges who will be participating. Elson notes some key trends in Delaware law, and discusses director liability.

The conference will be co-chaired by: Anne Foster, Richards, Layton & Finger; Bill Lafferty, Morris, Nichols, Arsht & Tunnell LLP; Rolin Bissell, Young Conaway Stargatt & Taylor, LLP; John Grossbauer, Potter Anderson & Corroon LLP; Karen Valihura, Skadden, Arps, Slate, Meagher & Flom LLP; and David Katz, Wachtell, Lipton, Rosen & Katz. Charles Elson, Director of the Weinberg Center and Edgar S. Woolard, Jr. Chair in Corporate Governance, said, “The guidance from these firms has been critical in bringing a clear focus on the most important Delaware law issues, and we are very pleased with their participation.”

Elson added: “We are delighted that Chief Justice Myron T. Steele and Justice Jack B. Jacobs from the Delaware Supreme Court, as well as Vice Chancellor J. Travis Laster from the Delaware Court of Chancery, have agreed to deliver keynote addresses at the conference.”

In addition to the keynote addresses, the conference will consist of six panels.  Each panel will cover the most recent Delaware cases with an emphasis on practical tips (see agenda below). Panels include Delaware justices or judges, corporate lawyers, plaintiff’s lawyers and corporate secretaries/governance professionals as well as large institutional investors.

Ken Bertsch, the President & CEO of the Society until the end of the year, said: “Each panel will cover the cases but more importantly give best practice advice on how to avoid such suits or bad outcomes. The panels will focus on proactive steps that should be taken by those who regularly advise boards of directors – such as the proper taking of minutes, proper vetting of conflicts, proper provision of materials and the best processes to be followed in various factual scenarios.”

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