ENHANCING DELAWARE JUDICIARY’S INTERNATIONAL REPUTATION
Two members of the Delaware Judiciary, Chief Justice Myron T. Steele and Vice Chancellor Stephen P. Lamb, were part of a team from Delaware that traveled to Israel in May to meet with members of the Israeli legal community. The team, which also included representatives of the Delaware Secretary of State’s Office and the Delaware State Bar Association, was organized by the Secretary of State’s Office to further strengthen economic ties between Israel and Delaware. (Israel is currently one of Delaware’s 15 top trading partners and thousands of Israeli-based businesses are incorporated in Delaware.) The objectives of the trip were to: 1) enhance understanding of Delaware corporate law and Court of Chancery practice; 2) aid in establishing a specialized court for corporate law in Israel, and 3) strengthen international bar relations.
Among the highlights of the trip was a Delaware Corporation Workshop, chaired by Supreme Court Chief Justice Myron T. Steele, and a conference focusing on establishing a specialized corporate law court hosted by the State of Delaware, the University of Pennsylvania Law School and Ono Academic College, an Israeli law school. The conference included an afternoon session devoted to Delaware corporate law and a moot court, with Vice Chancellor Lamb presiding, followed by panel discussions including Delaware Chief Justice Steele and Israeli Supreme Court Justice Aharon Barak.
A final highlight of the trip was the annual meeting of the Israeli Bar Association, at which Chief Justice Myron Steele and Delaware State Bar Association President Helen Winslow, Esquire, addressed members of the Israeli Bar and other international Bar leaders on strengthening bar relations internationally.
In another effort of the Delaware Judiciary to work with the Delaware Secretary of State’s Office, Justice Jack B. Jacobs of the Delaware Supreme Court traveled as part of a Delaware Secretary of State’s office team to The Hague in April. The Netherlands, which has expressed the goal of becoming the “Delaware” of the European Union with regard to corporate law matters, asked Delaware to provide information in this area at a conference sponsored by the Ministry of Economic Affairs. Justice Jacobs presented a paper on the role of specialized courts in corporate law issues at the conference, focusing, to a large degree, on the experience of Delaware’s Court of Chancery.