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Michael Houghton Quoted in Delaware Law Weekly: Provides Perspective on Delaware's Changes to Its Unclaimed Property Statute

Wilmington, DE – August 11, 2010 – Michael Houghton, Morris Nichols banking, regulatory and Commercial Law Counseling Group partner and Best Lawyers’ 2009 Banking Lawyer of the Year was quoted in the lead article Revamped Law on Unclaimed Property Seeks New Balance published today in Delaware Law Weekly.

The article reviews the recent amendments to Delaware’s unclaimed property statutes that impact the Fortune 500 and other members of the national business community incorporated in Delaware.  Mike assisted in the drafting of the revisions and is quoted throughout the article providing insight into the reasons behind the legislative and executive action.

Delaware Law Weekly is published by American Lawyer Media.  It addresses the business of law and the law of business from the corporate capital of the nation.