• In re Oracle Corp. Derivative Litig.

    Publication Date: 2025-02-04
    Practice Area: Mergers and Acquisitions
    Industry: Software | Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, David Hahn, Friedlander & Gorris, P.A., Wilmington, DE; Christopher H. Lyons, Tayler D. Bolton, Robbins Geller Rudman & Dowd LLP, Wilmington, DE; Randall J. Baron, David A. Knotts, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Gregory Del Gaizo, Robbins LLP, San Diego, CA for appellants.
    for defendant: Elena C. Norman, Richard J. Thomas, Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald, Latham & Watkins LLP, San Francisco, CA; Blair Connelly, Latham & Watkins LLP, New York, NY; Melissa Arbus Sherry, Christopher S. Turner, Blake E. Stafford, Latham & Watkins LLP, Washington, D.C.; Kevin R. Shannon, Berton W. Ashman, Jr., Potter Anderson & Corroon LLP, Wilmington, DE; Arthur H. Aufses III, Jonathan M. Wagner, Kramer Levin Naftalis & Frankel LLP, New York, NY for appellees.

    Case Number: 139, 2024

    Chancery court correctly rejected derivative claims where there was insufficient evidence to conclude that defendant company's founder qualified as a controller with a conflict of interest as a major stockholder of the target company, as founder did not exercise undue influence over the board nor did he interfere with special committee's evaluation of the transaction.

  • October 17, 2024 | Delaware Business Court Insider

    Four Delaware Supreme Court Arguments to Pay Attention to This Fall

    Closely-watched cases could have implications for areas of corporate law that have come up repeatedly in attorneys' conversations this year and in 2023, including controlling shareholders, out-of-state incorporations and how much leeway the Court of Chancery has in reviewing arbitration awards and non-competes.

    6 minute read

  • February 2, 2024 | Litigation Daily

    Litigator of the Week Runners-Up and Shout Outs

    Kaplan Hecker & Fink won a second verdict against former President Donald Trump for client E. Jean Carroll.

    7 minute read

  • October 7, 2022 | Litigation Daily

    A Fresh Batch of Litigator of the Week Runners-Up and Shout Outs

    Runners-up this week include litigation teams from Fenwick & West; Gibson, Dunn & Crutcher; Hueston Hennigan and Kirkland & Ellis.

    8 minute read

  • March 11, 2022 | Litigation Daily

    Litigator of the Week Runners-Up and Shout Outs

    Our first Litigator of the Week runners-up this week at Winston & Strawn scored a major appellate reversal for Cox Communications. You might remember…

    6 minute read

  • September 24, 2021 | Litigation Daily

    An Almost-Overwhelming Slate of Litigator of the Week Runners-Up and Shout Outs

    Latham leads the way this week with a rare acquittal for a former CEO who went to trial on criminal fraud charges.

    8 minute read

  • May 1, 2020 | The American Lawyer

    Growth Slowed for New York's Elite Law Firms Even Before the Pandemic Hit

    Some also took a hard look at their compensation models as revenue and profit growth cooled last year.

    1 minute read

  • December 10, 2018 | Litigation Daily

    Daily Dicta: Is That the Worst You've Got on Bill Barr?

    In what's become a rite of passage for high-profile Trump administration figures, Attorney General nominee William Barr was mocked over the weekend on Saturday Night Live. But if this is the worst they've got, he's in for smooth sailing.

    1 minute read

  • November 14, 2018 | Delaware Law Weekly

    Lawyers' Statements Defamed Litigant in Del. Battle Over Software Co., Law Dean Argues to NY Court

    The dean of Widener University Delaware Law School argued Wednesday that comments by attorneys representing TransPerfect co-founder Elizabeth Elting had made it impossible for rival Philip R. Shawe to prevail in the Chancery Court battle over control of the profitable translation-services company.

    1 minute read

  • In re: TransPerfect Global, Inc.

    Publication Date: 2018-02-28
    Practice Area: Corporate Entities
    Industry:
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Kevin R. Shannon, Berton W. Ashman, Jr., Christopher N. Kelly, Jaclyn C. Levy, and Mathew A. Golden, Potter Anderson & Corroon LLP, Wilmington, DE; Philip S. Kaufman, Ronald S. Greenberg, Marjorie E. Sheldon, and Jared I. Heller, Kramer Levin Naftalis & Frankel LLP, New York, NY, attorneys for petitioner
    for defendant: David L. Finger, Finger & Slanina LLC, Wilmington, DE; Peter B. Ladig and Brett M. McCartney, Bayard, P.A., Wilmington, DE; David B. Goldstein, Rabinowitz, Boudin, Standard, Krinsky & Lieberman, P.C., New York, NY; Jeremy D. Eicher, Eicher Law LLC, Wilmington, DE, attorneys for respondents.

    Case Number: D68056

    Sale of petitioners interest in company to co-founder and opposing party approved, where custodian conducting sale enjoyed independence due to indemnification and advancement rights, and where petitioners objections to sale apparently motivated by animus toward opposing party.