For the parties involved in litigation against the directors and officers of insolvent companies, the choice of venue is critical. In a recent article published in the New York Law Journal, Mark I. Bane and James M. Wilton, partners at Ropes & Gray, look closely at the issue and conclude that Delaware Chancery Court is the ideal venue for defendants, while federal court is the best venue for plaintiffs. Why? Please click "Download PDF" to read the article.
