“Activist Judges” Remain At Work in Delaware
Delaware’s “activist judges” remain hard at work on paring back “disclosure suits” in securities cases, with yet another ruling late last week. It’s interesting to watch courts in action on categories of suits, and the related complaints (or not) by the US Chamber of Commerce. A cynic might thing there’s a bias at the Chamber. I’ll bet heavily the Chamber will not be attacking Delaware’s chancellors as too activist.