Leo Strine, head of the Delaware Supreme Court, is stepping down after five years of leading the state’s sole appellate court that decides most of the highest-profile business disputes in the U.S.
Strine, 55, said in a statement he doesn’t have any immediate plans for after he retires. In the past, he’s taught about Delaware corporate law at institutions such as Harvard University, the University of California at Los Angeles and Yale University and churned out law-review articles on topics ranging from defining good-faith in corporate law and investor suits that generate more compensation for lawyers than shareholders.
Known as an iconoclast who peppers his decisions with pop-culture and sports references, Strine served as a trial judge for 15 years, hearing cases involving dueling billionaires and corporate divorces tied to failed buyout deals. At times, he’s been criticized for straying into irrelevant issues when scrutinizing corporate statutes and snafus.
Strine, a Democrat who served as legal counsel for ex-Governor Tom Carper before being appointed a judge, is the subject of media speculation about his political future and whether he’ll run for the state’s top job in 2024 after Governor John Carney would finish his second term.
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To contact the reporter on this story: Jef Feeley in Wilmington, Del., at jfeeley@bloomberg.net
To contact the editors responsible for this story: David Glovin at dglovin@bloomberg.net Peter Blumberg
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