The “Race of Laxity” Continues, More Reasons to Incorporate in Delaware: Enforcement of Federal Forum Selection Provisions in Corporate Charters

Delaware has long been the preferred state for incorporation, offering a unique legal environment that benefits companies. Recently, the Delaware Supreme Court endorsed “federal forum” provisions in corporate charters, allowing certain shareholder class actions to be filed in federal court. This landmark ruling promises to lower defense costs and streamline litigation for public companies. As the landscape of corporate law evolves, understanding these developments is crucial for stakeholders. Discover how this decision could reshape the future of corporate litigation and what it means for companies incorporated in Delaware.

Missouri Gov. Parson Enacts Tort Reform Significant to Litigation and Trial Practice

On July 10, 2019, Missouri Governor Michael Parson signed pivotal tort reform legislation that reshapes litigation and trial practice in the state. These changes, highlighted in his State of the State address, focus on venue, joinder, and discovery issues, significantly impacting how lawsuits are filed and managed. Notably, Senate Bill 7 restricts mass and class action suits by out-of-state plaintiffs, while Senate Bill 224 aligns Missouri’s discovery rules with federal standards, introducing limits on interrogatories and depositions. Discover how these reforms aim to enhance fairness and efficiency in Missouri’s courts.