The “internal affairs” doctrine recognizes the chartering state’s law as controlling all questions regarding internal corporate management and governance. Despite the doctrine’s broad acceptance by U.S. courts, questions regarding its proper scope, function, and theoretical foundations have long puzzled courts and commentators. Some critics have urged its abandonment in favor of a more flexible approach that is more reflective of modern conflicts principles. This panel brings together experts on corporate law and conflict of laws to discuss the current state of the debate surrounding the internal affairs doctrine as well as its future.
Business meeting at program conclusion.