New Articles on Delaware Corporate and Commercial Law
The current issue of the ABA publication The Business Lawyer, just came in the mail today (though the cover describes it as the August 2005 edition), and there are several articles by luminaries and living legends on topics of Delaware corporate and commercial law (including at least one sitting Vice Chancellor and one former Chancellor.) Most of the articles relate to Martin Lipton's contribution to theories of takeover law and impact on Delaware law, such as the Unocal case, but there is also an article on the importance of the implied contractual covenant of good faith and fair dealing in light of the Delaware LLC statute that allows all duties, including fiduciary duties, to be contracted away--except for the implied duty of good faith and fair dealing.
