Small Business Reading Room

Friday, February 26, 2010

Rapid Resolution of Business Disputes, Including Patent Disputes? Say hello to the Delaware Court of Chancery!

Early this year, the Delaware Court of Chancery adopted some new rules that became effective this month. Among other things, the new procedures follow an extremely expedited schedule-resulting in arbitration- no more than 90 days from submission of a petition. Additionally, the procedure includes a permanent member of the Court-experienced in resolving technology disputes-as Arbitrator; appeals directly to the Supreme Court of Delaware, the state's highest court; the potential for very limited discovery; and complete confidentiality of the arbitration process.

Don't take my word for it, read them for yourself:
Delaware Court of Chancery Rules 96, 97 & 98

New Arbitration Procedures for Rapid Resolution of Business Disputes and Patent Disputes become just another one of the many reasons that the Delaware Court of Chancery is the preeminent business court in the world!



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