I’ve been feeling a bit guilty since July, when I speculated that the Delaware Chancery Court might only devote 15% of its docket to corporate law issues. Better versed Delawareans than I wrote in that the number seemed to them more like 60-70%. And that’s why we love the internet. But still, I have to think about my honor. While the majority number must be the right one in all the important ways (maybe those are the cases up in Wilmington, that get a lot of court time, and so on), I’ll note that – according to a footnote in a paper recently consumed hereabouts (it’s not out yet, or I’d name authors) - in 2002, the Chancery Court disposed of 3,525 cases, 2,183 of which involved estates, 440 guardianships, 38 “other matters” and 52 trusts. That leaves 902 cases that might be assumed to be corporate. Which is, I’ll have you know, 26% of the cases.
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