WHITHER FEDERALIZATION OF DELAWARE'S CORPORATE LAW?
Courtesy of The Hon. E. Norman Veasey, former Chief Justice of the Delaware Supreme Court, here is an article that was recently published in the Wilmington News Journal on the topic of federalism and corporate law, especially as it relates to the ongoing debate and "tug-of-war" between Delaware preeminence in regulating the internal affairs of corporations and the power of Congress to encroach on that turf.
Chief Justice Veasey takes a historical approach in his article, referring to the competing theories at work at the time of the formation of our Republic and the thought process of the men who formulated our U.S. Constitution. The article is a valuable addition to the scholarship in this area.
UPDATE: Here is Professor Bainbridge's commentary on the article.
