Frank Reynolds of Thomson Reuters has written an article that provides a detailed synopsis of the presentation last week by Professor Jeffrey Gordon of Columbia Law School in which the good professor discusses the triumph of Delaware’s board-centered model in connection with activist investors. The speech was presented as the 31st Annual Francis G. Pileggi Distinguished Lecture in Law. Details about the Lecture and its history are included in Frank Reynolds’ article and also available on these pages. We highlighted a recent Chancery decision that discussed the board-centered approach to Delaware corporate law. Professor Gordon is shown in the photo. Supplement: The esteemed Professor Stephen Bainbridge, who a number of years ago presented this Annual Lecture, provides commentary on Professor’s Gordon topic.