• Morrison v. Berry

    Publication Date: 2020-01-15
    Practice Area: Corporate Governance
    Industry: Food and Beverage | Investments and Investment Advisory | Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA for plaintiff.
    for defendant: Rudolf Koch, Matthew D. Perri and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Adam L. Sisitsky, Lavinia M. Weizel, Robert I. Bodian and Scott A. Rader, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY and Boston, MA for independent director defendants. William B. Chandler III, Bradley D. Sorrels, Lindsay K. Faccenda and Daniyal M. Iqbal, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE for defendant Duggan. Patricia L. Enerio, Jamie L. Brown and Gillian L. Andrews, Heyman Enerio Gattuso & Hirzell LLP, Wilmington, DE for defendant Anicetti. Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Matthew A. Schwartz and Joshua S. Levy, Sullivan & Cromwell LLP, New York, NY for J.P. Morgan defendants. William M. Lafferty, S. Mark Hurd, Thomas W. Briggs, Jr., Richard Li and Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Stuart W. Gold and Richard W. Clary, Cravath, Swaine & Moore LLP, New York, NY for defendant Cravath, Swaine & Moore LLP. Kevin R. Shannon, Matthew F. Davis and Nicholas S. Prust, Potter Anderson & Corroon LLP, Wilmington, DE; Jonathan Rosenberg and Abby F. Rudzin, O’Melveny & Myers LLP, New York, NY for Apollo defendants. John L. Reed, Peter H. Kyle and David Clarke, Jr., DLA Piper LLP, Wilmington, DE and Washington, DC for Berry defendants.

    Case Number: D68842

    The court granted defendant directors' motions to dismiss.

  • January 7, 2020 | Legaltech News

    Ramping Up Ahead of Launch, Reynen Court Secures $3 Million Investment

    Reynen Court said the additional capital will help support its full launch as it prepares to reveal its metric-tracking and subscription management features.

    1 minute read

  • January 2, 2020 | The Legal Intelligencer

    SECURE ACT—Game Changer for Estate Planning With Qualified Retirement Benefits

    The new provisions of the SECURE Act, which were enacted on Dec. 20, 2019, and become effective as of Jan. 1, 2020, change a key factor that goes into the planning process. The SECURE Act stands for "Setting Every Community Up for Retirement Enhancement."

    1 minute read

  • December 27, 2019 | Legaltech News

    The Top 9 Legal Tech Investments of 2019

    In 2019, the biggest investments were spread across a variety of legal tech verticals. Suffice to say, it's been a big year all around.

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  • December 19, 2019 | Delaware Business Court Insider

    2nd Circ.: Creditors Barred From Recovering Money Paid to Tribune Investors in Leveraged Buyout

    A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.

    1 minute read

  • December 19, 2019 | New York Law Journal

    Creditors Can't Recover From Tribune Investors Cashed Out in 2007 Leveraged Buyout, 2nd Circuit Rules

    A three-judge panel of the Manhattan-based appeals court said that the creditors' state law claims for constructive fraudulent conveyance were preempted by a provision of U.S. bankruptcy law, which protects certain transactions involving securities contracts.

    1 minute read

  • December 16, 2019 | New York Law Journal

    SEC Proposal To Simplify Financial Statement Disclosures

    In his Real Estate Securities column, Peter Fass discusses a release issued by the SEC on May 3, which proposes amendments to the financial disclosure requirements for financial statements of businesses acquired or to be acquired and for business dispositions. The release changes are intended to improve the information investors receive regarding acquired or disposed businesses, reduce complexity and costs of preparing the required disclosures, and facilitate timely access to capital.

    1 minute read

  • December 9, 2019 | Daily Business Review

    Check Out the Accomplishments of the 2019 DBR Most Effective Lawyers

        The 15th annual Most Effective Lawyers special report recognizes exemplary performance by attorneys who deliver positive results…

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  • November 14, 2019 | Legaltech News

    Decreasing Spend May Underscore 'Zombie Company' Problem for Legal Tech

    There's concern that legal tech investments are keeping "zombie companies," and their indistinguishable legal tech products, afloat. Still, most don't see a market bubble, but instead expect more consolidation on the horizon.

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  • PPL Corp. v. Riverstone Holdings LLC

    Publication Date: 2019-11-06
    Practice Area: Contractual Disputes
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Paul J. Lockwood, Robert A. Weber, Nicole A. DiSalvo, Skadden Arps, Slate, Meagher & Flom, Wilmington, DE; George A. Zimmerman, Jonathan Frank, Tansy Woan, Andrew N. Goldman and Charles C. Platt, Skadden Arps, Slate, Meagher & Flom, New York, NY for PPL plaintiffs.
    for defendant: Thomas G. Macauley, Macauley LLC, Wilmington, DE; Joshua L. Siefert of Joshua L. Siefert PLLC, New York, NY for plaintiff Farr. Rolin P. Bissell and James M. Yoch, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, Melissa L. James and Devin L. Kerns, Vinson & Elkins LLP, Dallas, TX for Riverstone, Raven Power, C/R Energy and Sapphire Power defendants. David E. Ross and R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Karl Stern and Kate K. Shih, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Andrew J. Rossman, Quinn Emanuel Urquhart & Sullivan, LLP, New York NY; Adam B. Wolfson of Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA for Talen defendants.

    Case Number: D68763

    The court denied defendant's motion to dismiss or stay this action, because the agreement at issue contained a Delaware fo-rum selection clause.