Securities
Feb. 1, 2023
Delaware court chief urges Congress to stay in its lane
Noting it had been 20 years since President George W. Bush signed the Sarbanes-Oxley Act, passed in the wake of a series of corporate and accounting scandals, Justice Collins J. Seitz Jr said the Delaware Court of Chancery has integrated the federal statute into the state’s corporation law.
CORONADO — Delaware Supreme Court Chief Justice Collins J. Seitz Jr. told a securities law conference Tuesday that state courts such as his are best equipped to adjudicate alleged corporate wrongdoing.
Noting it had been 20 years since President George W. Bush signed the Sarbanes-Oxley Act, passed in the wake of a series of corporate and accounting scandals, Seitz said the Delaware Court of Chancery has integrated the federal statute into ...
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