Leo E. Strine, Jr. (born 1964) is an American
attorney and retired
judge
A judge is a person who wiktionary:preside, presides over court proceedings, either alone or as a part of a judicial panel. In an adversarial system, the judge hears all the witnesses and any other Evidence (law), evidence presented by the barris ...
for the
state
State most commonly refers to:
* State (polity), a centralized political organization that regulates law and society within a territory
**Sovereign state, a sovereign polity in international law, commonly referred to as a country
**Nation state, a ...
of
Delaware
Delaware ( ) is a U.S. state, state in the Mid-Atlantic (United States), Mid-Atlantic and South Atlantic states, South Atlantic regions of the United States. It borders Maryland to its south and west, Pennsylvania to its north, New Jersey ...
. He served on the
Delaware Court of Chancery
The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The cour ...
as vice chancellor from 1998 to 2011 and chancellor from 2011 to 2014, and as the chief justice of the
Delaware Supreme Court
The Delaware Supreme Court is the sole appellate court in the United States state of Delaware. Because Delaware is a popular haven for corporations, the Court has developed a worldwide reputation as a respected source of corporate law decisions, ...
from 2014 to 2019. Strine joined
Wachtell, Lipton, Rosen & Katz
Wachtell, Lipton, Rosen & Katz (known as Wachtell; ) is an American white-shoe law firm in New York City. Wachtell has only a single, Manhattan office, making it one of the smallest firms in the AmLaw 100.
History
The firm was founded in 1 ...
in 2020.
Life and career
Born in
Baltimore
Baltimore is the most populous city in the U.S. state of Maryland. With a population of 585,708 at the 2020 census and estimated at 568,271 in 2024, it is the 30th-most populous U.S. city. The Baltimore metropolitan area is the 20th-large ...
, Strine grew up in
Hockessin, Delaware
Hockessin () is a census-designated place (CDP) in New Castle County, Delaware, New Castle County, Delaware, United States. The population was 13,478 at the 2020 United States census, 2020 Census.
History
Hockessin came into existence as a littl ...
.
He graduated from
A.I. DuPont High School in 1982.
Strine then graduated ''
magna cum laude
Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sout ...
'' from the
University of Pennsylvania Law School
The University of Pennsylvania Carey Law School (also known as Penn Carey Law, or Penn Law; previously University of Pennsylvania Law School) is the law school of the University of Pennsylvania, a private Ivy League research university in Phi ...
in 1988 with his
Juris Doctor
A Juris Doctor, Doctor of Jurisprudence, or Doctor of Law (JD) is a graduate-entry professional degree that primarily prepares individuals to practice law. In the United States and the Philippines, it is the only qualifying law degree. Other j ...
, after having received his
Bachelor of Arts
A Bachelor of Arts (abbreviated B.A., BA, A.B. or AB; from the Latin ', ', or ') is the holder of a bachelor's degree awarded for an undergraduate program in the liberal arts, or, in some cases, other disciplines. A Bachelor of Arts deg ...
''
summa cum laude
Latin honors are a system of Latin phrases used in some colleges and universities to indicate the level of distinction with which an academic degree has been earned. The system is primarily used in the United States. It is also used in some Sout ...
'' from the
University of Delaware
The University of Delaware (colloquially known as UD, UDel, or Delaware) is a Statutory college#Delaware, privately governed, state-assisted Land-grant university, land-grant research university in Newark, Delaware, United States. UD offers f ...
in 1985.
Strine clerked for Judge
Walter King Stapleton
Walter King Stapleton (June 2, 1934 – November 23, 2024) was a United States circuit judge of the United States Court of Appeals for the Third Circuit and a United States district judge of the United States District Court for the District of De ...
of the
United States Court of Appeals for the Third Circuit
The United States Court of Appeals for the Third Circuit (in case citations, 3d Cir.) is a United States federal court, federal court with appellate jurisdiction over the United States district court, district courts for the following United Sta ...
and for Chief Judge
John F. Gerry
John Francis Gerry (November 17, 1925 – March 10, 1995) was a United States district judge of the United States District Court for the District of New Jersey.
Education and career
Born in Camden, New Jersey, Gerry received an Artium Baccala ...
of the
United States District Court for the District of New Jersey
The United States District Court for the District of New Jersey (in case citations, D.N.J.) is a federal court in the United States Court of Appeals for the Third Circuit, Third Circuit (except for patent claims and claims against the U.S. gover ...
. He was a corporate litigator at the firm of
Skadden, Arps, Slate, Meagher & Flom
Skadden, Arps, Slate, Meagher & Flom LLP and Affiliates (known as Skadden) is an American Multinational corporation, multinational law firm headquartered in New York City. The firm comprises approximately 1,700 lawyers and is the fourth highest ...
, and then Counsel to Governor
Thomas R. Carper.
Strine has taught at several academic institutions including
UCLA School of Law
The University of California, Los Angeles School of Law (commonly known as UCLA School of Law or UCLA Law) is the law school of the University of California, Los Angeles.
History
Founded in 1949, the UCLA School of Law is the third oldest of t ...
,
University of Pennsylvania Law School
The University of Pennsylvania Carey Law School (also known as Penn Carey Law, or Penn Law; previously University of Pennsylvania Law School) is the law school of the University of Pennsylvania, a private Ivy League research university in Phi ...
,
Vanderbilt University Law School
Vanderbilt University Law School (also known as VLS) is the law school of Vanderbilt University. Established in 1874, it is one of the oldest law schools in the southern United States. Vanderbilt Law enrolls approximately 640 students, with each ...
, and
Harvard Law School
Harvard Law School (HLS) is the law school of Harvard University, a Private university, private research university in Cambridge, Massachusetts. Founded in 1817, Harvard Law School is the oldest law school in continuous operation in the United ...
, and lectured at many more. He is currently the Michael L. Wachter Distinguished Fellow in Law and Policy at the University of Pennsylvania Law School. He became Vice Chancellor of the
Delaware Court of Chancery
The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The cour ...
on November 9, 1998, and became Chancellor of that court on June 22, 2011. During the 2006–2007 academic year, he served as a special judicial consultant to the
American Bar Association
The American Bar Association (ABA) is a voluntary association, voluntary bar association of lawyers and law students in the United States; national in scope, it is not specific to any single jurisdiction. Founded in 1878, the ABA's stated acti ...
's Committee on Corporate Laws. Strine was confirmed as Chief Justice of the Delaware Supreme Court on January 29, 2014.
In October 2018, Strine wrote for the majority when it found that the
business judgment rule
The business judgment rule is a case-law-derived doctrine in corporations law that courts defer to the business judgment of corporate executives. It is rooted in the principle that the "directors of a corporation ... are clothed with hepresump ...
protected a controlling shareholder even though it did not offer minority shareholder protections until after its initial
squeeze-out
A squeeze-out or squeezeout, sometimes synonymous with '' freeze-out'', is the compulsory sale of the shares of minority shareholders of a joint-stock company for which they receive a fair cash compensation.
This technique allows one or more share ...
bid.
In July 2019, Strine announced his retirement from the bench, to be carried out at the end of September or October or upon the confirmation of his successor. Strine retired from active service on October 30, 2019.
In April 2020, the New York-based law firm
Wachtell Lipton announced that former Chief Justice Strine would be joining its firm to advise Wachtell’s clients on mergers, litigation and other matters.
In July 2022, Twitter announced it had retained
Wachtell Lipton to sue Elon Musk in regards to the termination of Twitter's acquisition by Musk. Strine was announced as part of the team handling the matter.
Personal life
Strine lives in Hockessin, Delaware, with his wife Carrie, an occupational therapist, and their two sons, James and Benjamin.
Controversy
In a 2010 case, Ingres Corp. v. CA Inc.,
during a breach of contract case, both sides,
Ingres Corp and
CA Inc
CA most often refers to:
* Canada, a country by ISO 3166-1 alpha-2 code
* California, U.S. state by postal abbreviation
CA or ca may also refer to:
Businesses and organizations Companies
* Air China (IATA airline code CA)
* CA Technologies, a U ...
, both agreed that Strine erred.
Vice Chancellor Strine made a comment that he, "forgot this oral statement and delved only into the voluminous record. As indicated above, this record was confusing and I came away from it with the wrong impression. …I overlooked this deposition testimony and instead focused upon the written documents in the record when drafting the Post-Trial Opinion. In short, I blew it.” Although he acknowledged that his "original factual finding to the contrary was inaccurate," Strine held that his error did not change the outcome of the case.
Publications
Strine has published many academic articles on corporate law and is a frequent commenter on business law, generally. Notably, he has been published by the
Yale Law Journal
''The Yale Law Journal'' (YLJ) is a student-run law review affiliated with the Yale Law School. Published continuously since 1891, it is the most widely known of the eight law reviews published by students at Yale Law School. The journal is one ...
,
Harvard Law Review
The ''Harvard Law Review'' is a law review published by an independent student group at Harvard Law School. According to the ''Journal Citation Reports'', the ''Harvard Law Review''s 2015 impact factor of 4.979 placed the journal first out of ...
,
University of Pennsylvania Law Review
The ''University of Pennsylvania Law Review'', formerly known as the ''American Law Register'', is a law review published by an organization of second and third year J.D. students at the University of Pennsylvania Law School. It is the oldest law ...
,
Cornell Law Review
The ''Cornell Law Review'' is the flagship legal journal of Cornell Law School. Originally published in 1915 as the ''Cornell Law Quarterly'', the journal features scholarship in all fields of law. Notably, past issues of the ''Cornell Law Revi ...
,
Northwestern Law Review,
Delaware Journal of Corporate Law
''The Delaware Journal of Corporate Law'' is Widener University Delaware Law School's corporate law review. The ''Journal'' was established in 1975 and is celebrating its 50th anniversary in 2025. The ''Journal'' publishes three issues per annual ...
, and
the Journal of Corporation Law. Many of his scholarly writings can be found on hi
SSRN page
See also
*
Delaware Court of Chancery
The Delaware Court of Chancery is a court of equity in the U.S. state of Delaware. It is one of Delaware's three constitutional courts, along with the Supreme Court and Superior Court. Since 2018, the court consists of seven judges. The cour ...
*
Supreme Court of Delaware
The Delaware Supreme Court is the sole appellate court in the United States state of Delaware. Because Delaware is a popular haven for corporations, the Court has developed a worldwide reputation as a respected source of corporate law decisions, ...
*
US corporate law
United States corporate law regulates the governance, finance and power of corporations in US law. Every state and territory has its own basic corporate code, while federal law creates minimum standards for trade in company shares and governa ...
References
External links
Judicial Officers - Supreme Court - Delaware Courts - State of Delaware
{{DEFAULTSORT:Strine, Leo E. Jr.
1964 births
Living people
21st-century American judges
Place of birth missing (living people)
Chancellors of Delaware
Chief justices of Delaware
Corporate lawyers
Harvard Law School faculty
Henry Crown Fellows
Justices of the Delaware Supreme Court
Lawyers from Baltimore
People from Hockessin, Delaware
Skadden, Arps, Slate, Meagher & Flom people
University of Delaware alumni
University of Pennsylvania faculty
University of Pennsylvania Law School faculty
University of Pennsylvania Law School alumni
Vanderbilt University alumni
Vice Chancellors of Delaware
Wachtell, Lipton, Rosen & Katz people
Alexis I. duPont High School alumni