Delaware Court of Chancery Chancellor Leo E. Strine Jr. has criticized the "first-filed" doctrine in a paper he wrote for Harvard Law School's John M. Olin Center for Law, Economics and Business. Strine encouraged courts to replace the first-filed doctrine, which grants priority to the first jurisdiction in which a plaintiff filed in derivative litigation, with a doctrine that awards jurisdiction to the defendant corporation's state of incorporation.
Strine Blasts 'First-Filed' Rule in Harvard Law Paper
Delaware Business Court Insider
January 30, 2013
This article requires premium access
This article requires premium access to Law.com. Please sign in or subscribe to read the full text.