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It has original jurisdiction in all felony cases and civil suits in which the amount in controversy exceeds $75,000. Appeals from the Court of Common Pleas generally go to the Superior Court. The Court currently consists of nine judges sitting in Delaware's three counties: Five in New Castle County, two in Kent County, and two in Sussex County.
Because of the extensive experience of the Delaware courts, Delaware has a more well-developed body of case law than other states, which serves to give corporations and their counsel greater guidance on matters of corporate governance and transaction liability issues. More than two thirds of Fortune 500 companies are incorporated in the state. [3]
The Court in its current form was established by means of a constitutional amendment in 1951. Before that, the Court had operated under the Delaware Constitution of 1897 as a unique "leftover-judge" system, wherein appeals were heard by a panel of three judges who were not involved in the matter on appeal from either the Superior Court or the Court of Chancery.
In addition to the cases in Delaware, the drugmakers are facing about 4,000 claims in California state court and about 2,000 in various other state courts around the country.
Courts of Delaware include: State courts of Delaware. Delaware Supreme Court [1] Delaware Court of Chancery [2] Delaware Superior Court (3 courts, one for each county) [3] Delaware Family Court [4] Delaware Court of Common Pleas [5] Delaware Justice of the Peace Court; Delaware Alderman's Court; Federal courts located in Delaware
Unocal v. Mesa Petroleum Co., 493 A.2d 946 (Del. 1985) [1] is a landmark decision of the Delaware Supreme Court on corporate defensive tactics against take-over bids. Until the Unocal decision in 1985, the Delaware courts had applied the business judgment rule, when appropriate, to takeover defenses, mergers, and sales.
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