Former Chancellor Allen on Corporate Governance and Delaware Corporate Law
Willam Allen is the former Chancellor of the Delaware Court of Chancery, and is now the Director, NYU Center for Law & Business, Professor of Law and Clinical Professor of Business at New York University Law School. Professor Bainbridge highlights here, and provides a link to a new law review article the former Chancellor penned on modern corporate governance and Delaware corporate law. The good professor introduces the article in this way:
In a paper entitled Modern Corporate Governance and the Erosion of the Business Judgment Rule in Delaware Corporate Law, former Delaware Chancellor William Allen tackles two subjects near to my heart: (1) the role of the board of directors and (2) the centrality of the business judgment rule to corporate law.
