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Federalizm Vs. State Law In The Regulation Of Corporations: A Conflicting Or Complimentary Shift In Corporate Jurisprudence? How Delaware Has Responded, Christine G. Ondimu

Christine G Ondimu Ms.

The essence of this paper is to analyze how federal corporate law has shaped Delaware State’s corporate law jurisprudence. I argue that recent federal engagement in corporate law should be welcomed and sustained by congress when state corporate law rules fall short in providing adequate protection for investors. Using a small number of case law, it will be acknowledged as we develop this paper that Delaware’s corporate law has had a fundamental shift in the wake of Enron and WorldCom and the advent of the Sarbanes- Oxley Act, 2002. At the same time we will also show how Delaware has …