• January 23, 2024 | Pro Mid Market

    Litigation, IP Headlined Big Law Poaching by Midsize Firms in 2023

    Rate flexibility and client conflicts drove Big Law attorneys to smaller firms in 2023, leading to gains for Munsch Hardt Kopf & Harr in Texas, Stoel Rives in Oregon and Potter Anderson & Corroon in Delaware.

    6 minute read

  • Shareholder Representative Serv. LLC v. HPI Holdings, LLC

    Publication Date: 2023-05-09
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Richard L. Renck, Michael B. Gonen, Duane Morris, LLP, Wilmington, DE; Michael P. Gallagher, Duane Morris, LLP, Philadelphia, PA for plaintiff.
    for defendant: Lisa A. Schmidt, Matthew W. Murphy, Nicole M. Henry, Richards, Layton & Finger, P.A., Wilmington, DE; David P. Whittlesey, Jacob Fields, Shearman & Sterling LLP, Austin, TX for defendant.

    Case Number: 2022-0166-PAF

    Earn-out provision requiring successor company to secure new agreement was not triggered where company merely amended its existing agreement with a customer by rescinding the customer's notice of termination.

  • June 8, 2022 | Delaware Business Court Insider

    Twitter Shareholder Files Complaint Seeking Corporate Records in Wake of Musk Deal, User Data Representations

    The shareholder is seeking to investigate board-level breaches, including whether it failed to protect the company when entering into its merger agreement with Musk.

    3 minute read

  • January 26, 2022 | Litigation Daily

    The Litigators Who Made Am Law's List of the Top Big Law Lateral Hires of 2021

    In a year where transactional practices got a lot of the shine in large law firms, full-time litigators made up 40% of the magazine's top 25 lateral hires of 2021. Another couple of lawyers who spend part of their time on litigation also made the list.

    6 minute read

  • In re Pattern Energy Group Inc. Stockholders Litig.

    Publication Date: 2021-05-26
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Ned Weinberger, Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; David MacIsaac, John Vielandi, Labaton Sucharow LLP, New York, NY; Chad Johnson, Noam Mandel, Desiree Cummings, Robbins Geller Rudman & Dowd LLP, New York, NY; Brian Schall, Rina Restaino, The Schall Law Firm, Los Angeles, CA for plaintiff.
    for defendant: A. Thompson Bayliss, April M. Kirby, Abrams & Bayliss LLP, Wilmington, DE; Alan S. Goudiss, K. Mallory Brennan, Deke Shearon Shearman & Sterling LLP; Christina Urhausen, Shearman & Sterling LLP, San Francisco, CA; Rudolf Koch, Matthew D. Perri, Andrew L. Milam, Richards, Layton & Finger, P.A., Wilmington, DE; Matthew A. Schwartz, Y. Carson Zhou, John-Francis S. Flynn, Sullivan & Cromwell LLP, New York, NY for defendants.

    Case Number: D69408

    Stockholder could seek entire fairness review of company sale under controller theory where investor that had formed the company continued to exercise soft power over the company's management, which allegedly prioritized the investor's interests over shareholder value during the sales process.

  • In Re Viacom Inc. Stockholders Litig.

    Publication Date: 2021-01-13
    Practice Area: Corporate Governance
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Jeroen van Kwawegen, Edward G. Timlin, Andrew E. Blumberg, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Chad Johnson, Noam Mandel, Desiree Cummings, Robbins Geller Rudman & Dowd LLP, New York, NY; Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, Nashville, TN; Francis A. Bottini, Jr., Anne B. Beste, Bottini & Bottini, Inc., La Jolla, CA for plaintiffs.
    for defendant: Matthew E. Fischer, Michael A. Pittenger, Christopher N. Kelly, J. Matthew Belger, Jacqueline A. Rogers, Callan R. Jackson, Potter Anderson & Corroon LLP, Wilmington, DE; Victor L. Hou, Rahul Mukhi, Mark E. McDonald, Cleary Gottlieb Steen & Hamilton LLP, New York, NY; Gregory P. Williams, Blake Rohrbacher, Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE; Robert H. Baron, Gary A. Bornstein, Rory A. Leraris, Cravath, Swaine & Moore LLP, New York, NY; Jon E. Abramczyk, D. McKinley Measley, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Stuart J. Baskin Randall Martin, Shearman & Sterling LLP, New York, NY for defendants.

    Case Number: D69255

    Controller standing on both sides of a merger transaction without dual protections for minority shareholders was required to defend transaction under entire fairness review standard rather than business judgment rule.

  • December 23, 2020 | Litigation Daily

    Encore! Encore! Here are the 2020 Litigators of the Week

    Let's hear it one last time for this year's winners

    1 minute read

  • December 8, 2020 | Delaware Business Court Insider

    Relationship Tips From A Pair of Married Securities Litigators: Respect Boundaries, Avoid 'Too Much Togetherness'

    Securities litigators Susan and Kevin Muck, who have been married for more than 30 years, practiced together at Brobeck Phleger & Harrison, Clifford Chance, and Fenwick West before joining Wilmer earlier this year.

    1 minute read

  • In re Baker Hughes Inc. Merger Litig.

    Publication Date: 2020-11-11
    Practice Area: Mergers and Acquisitions
    Industry: Energy
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Ned Weinberger, Thomas Curry, Labaton Sucharow LLP, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Thomas A. Uebler, Joseph L. Christensen, Hayley M. Lenahan of McCollow D’Emilio Smith Uebler LLC, Wilmington, DE; Jeroen van Kwawegen, Edward G. Tim-lin, Alla Zayenchik, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Kurt Hunciker, Hach Rose Schirripa & Cheverie LLP, New York, NY for plaintiffs.
    for defendant: Kevin R. Shannon, Matthew F. Davis, Callan R. Jackson of Potter Anderson & Corroon LLP, Wilmington, DE; Samuel W. Cooper, Paul Hastings LLP, Houston, TX; Edward Han, Paul Hastings LLP, Palo Alto, CA; Michael P. Kelly, Andrew S. Dupre, Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Alan S. Goudiss, Paula H. Anderson, Grace J. Lee, Shearman & Sterling, LLP, New York, NY for defendants.

    Case Number: D69185

    Except for the failure to include certain information in the proxy statement, plaintiffs failed to state a claim against the company's directors for breach of fiduciary duty.

  • GKC Strategic Value Master Fund, LP v. Baker Hughes Inc.

    Publication Date: 2019-07-17
    Practice Area: Civil Procedure
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Thomas Curry, Eric J. Belfi, Ira A. Schochet and David J. Schwartz, Labaton Sucharow LLP, Wilmington, DE and New York, NY for petitioners.
    for defendant: Kevin M. Coen and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Arthur F. Golden, Andrew Ditchfield and Andrew S. Gehring, Davis Polk & Wardwell LLP, New York, NY for respondent. John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; Paula Anderson and Alan Goudiss, Shearman & Sterling LLP, New York, NY for third-party General Elec. Co. Mark Lebovitch, Bernstein Litowitz Berger & Grossman LLP, New York, NY for non-party Tri-State Joint Fund.

    Case Number: D68633

    Where respondents failed to timely file confidential documents redacted in good faith, the court held that unredacted versions of the documents should be made available in the public record of the case.