Delaware’s newly adopted Rapid Arbitration Act, as previously explained on these pages, is intended to provide a procedure for expedited resolution of major commercial disputes, as an alternative to conventional corporate and commercial litigation, with assistance from the Court of Chancery to implement the parties’ agreement to follow the new procedure, subject to limited challenges on an expedited basis to the Delaware Supreme Court. Both the Court of Chancery and the Supreme Court amended their rules to clarify the procedures to follow in order for the parties to seek judicial assistance to implement the new Rapid Arbitration Act. Amended Supreme Court Rules 6, 7, 9 and 32 as well as amended Chancery Rules 96 and 97 will be effective on June 1, 2015.