Citizens protested outside of the Delaware Governance Institute in Newark campus of the University of Delaware, fighting extreme legal fees and companies moving outside Delaware due to our irresponsible Chancery Court. Please see the story below for more and send your feedback, which is always welcome.
JUDSON Bennett–Coastal Network
Activist group stages protest at corporate law event
Citizens for Judicial Fairness volunteers protested outside the Delaware Governance Institute on the University of Delaware campus in Newark.
The nationally known event at Clayton Hall Conference Center discusses recent trends in Delaware corporate law and features rare appearances outside the courtroom by the state’s chancellor and the state Supreme Court Chief Justice.
The group has been targeting what it views as excessive legal fees in corporate disputes and a lack of Black judges. It also claims companies are moving incorporations outside Delaware, due to Chancery Court actions.
“While corporations leaving the state hurts all Delawareans, it harms Black and Latino residents the most. The all-white institution which makes up the court doesn’t care about this pain to people of color when they scratch the backs of their buddies with legal fees that drive much-needed tax revenue out of our state,” said protest leader Keandra McDole. “We won’t sit in silence without a fight. We need Black judges in our judicial system. For far too long the Chancery has operated with a questionable moral code. Failure to reform this court with judges who are sensitive to Delaware’s diverse communities harms not only the state’s business reputation but also the state’s ability to provide for its people.”
Citizens for Judicial Fairness (formerly Citizens for a Pro-Business Delaware) grew out of a disputed sale of New York-based TransPerfect. Litigation over fees related to a custodian supervising the sale continues after Chancery approved the sale to a co-founder of TransPerfect in 2018.