Michael Houghton is a Partner with Morris Nichols in Wilmington where his practice involves the representation of governmental entities, such as the Delaware River & Bay Authority and the Port of Wilmington, as well as representation of banks, trust companies, insurance companies and public utilities in commercial transactions and before regulatory authorities and state, county and local governments. Mr. Houghton serves as a member of Morris Nichols' Executive Committee, the Delaware State Bar Association Executive Committee and the Delaware State Chamber of Commerce.
For more than 22 years, Mr. Houghton has also advised numerous entities, including Fortune 500 companies, on unclaimed property issues. He has represented various companies in connection with unclaimed property audits as well as voluntary compliance with unclaimed property laws. He is Co-Chair of the ULC Drafting Committee to Revise the Uniform Unclaimed Property Act, legislation which forms the basis for the law of unclaimed property for over 40 states.
Mr. Houghton has helped draft and enact numerous pieces of Delaware legislation including Delaware’s Bank Insurance Powers Act, Limited Liability Partnership Act, Revised Article 9 of the Uniform Commercial Code, and Delaware’s “Technology Court” legislation granting the Delaware Court of Chancery jurisdiction over complex business disputes involving technology and allowing the Court to mediate many types of complex business disputes. Mr. Houghton also served as a member of the Task Force which drafted a comprehensive revision of Delaware’s Captive Insurance Statute.
He received his B.S. from the University of Virginia and his J.D. from the University of Virginia School of Law.
Mr. Houghton is a co-author of Bloomberg BNA Corporate Practice Portfolio Series No. 74-3rd, Unclaimed Property.
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