Nearly every time Delaware litigation was mentioned at this year’s Tulane Corporate Law Institute, so were attorneys’ feelings of uncertainty.
Panelists who said Delaware may be in the midst of a legal “doomsday” said as a result of a number of decisions issued in the past year, merger and acquisition practitioners are having a difficult time figuring out how best to counsel their clients, and litigators are left with questions on how best to make their case to the Court of Chancery.