"Beware Delaware"

"A string of recent decisions handed down by the Delaware Supreme Court � considered the "mother court of corporate law" � has been virtually ignored by the business press. Yet experts say the decisions could have as profound an impact on business than anything Congress or the SEC has done. Since last summer, the Delaware Supreme Court has issued at least five decisions of great concern to the corporate bar. Each was remarkable not only because it found against directors and in favor of shareholders, but also because it reversed a lower court ruling that went the other way," New York Lawyer reports here.