In October 2010, Stanford Law School Prof. Joseph Grundfest delivered a rousing lecture that left a lasting impression on corporate lawyers.
Speaking at the Delaware Journal of Corporate Law’s annual Pileggi Lecture, which focuses on corporate law issues, Prof. Grundfest suggested a solution to the growing problem of forum shopping—a litigation tactic in which plaintiffs law firms file lawsuits against Delaware corporations in forums outside of Delaware. Their goal: to force companies to fight complex, multifront wars and to seek out courts with less experience in corporate law that may award them larger attorneys’ fees.
