Shareholder Lawsuits, Status Quo Bias, and Adoption of the Exclusive Forum Provision.

The article focuses on the transaction related lawsuits and multi-district litigations by federal judicial panel in Delaware. It discusses exclusive forum provision in corporate charters for the effective response to the out-of-Delaware problem by reducing plaintiffs' counsel's incentive in forum shopping. It highlights the recommendations for empirical research with respect to the economic effects of forum selection provisions in corporate charters on firm value.