The likely elevation of Delaware Court of Chancery Chancellor Leo E. Strine Jr. to Supreme Court chief justice will impact the state’s views on corporate governance in two important ways, legal analysts say. Strine is seen as someone who could reduce some of the historical tension between the Supreme and Chancery courts, and a new individual with his or her own corporate law views will soon be appointed to lead the Chancery Court.
Gov. Jack Markell nominated Strine last week to become Delaware’s next chief justice, replacing Myron T. Steele, who retired in November. A confirmation hearing before the General Assembly has not yet been set, but Strine is expected to sail through the hearings with little or no opposition. If he is confirmed, he will join current Justices Jack B. Jacobs and Carolyn Berger as the three former Chancery Court judges serving on the state Supreme Court.
