• Great Hill Equity Partners IV, LP v. SIG Growth Equity Management, LLC

    Publication Date: 2020-03-11
    Practice Area: Deals and Transactions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rudolf Koch, Robert L. Burns and Megan E. O’Connorm, Richards, Layton & Finger, P.A., Wilmington, DE; Adam Slutsky, Goodwin Procter LLP, Boston, MA for plaintiffs.
    for defendant: William B. Chandler III, Ian R. Liston and Jessica A. Hartwell, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Mark A. Kirsch, Scott A. Edelman, Aric H. Wu, Laura K. O’Boyle and Peter Wade, Gibson, Dunn & Crutcher LLP, New York, NY for SIG defendants. Lewis H. Lazarus, Marris James LLP, Wilmington, DE; Peter N. Flocos and Joanna A. Diakos, K&L Gates LLP, New York, NY for defendants Herzog and Kleinberg. David S. Eagle, Sean M. Brennecke, Michael K. Coran, William T. Hill, Monica Clarke Platt and Gregory R. Sellers, Klehr Harrison Harvey Branzburg LLP, Wilmington, DE and Philadelphia, PA for defendants Tal and Itshayek.

    Case Number: D68905

    Although plaintiff prevailed on certain claims with respect to the question of liability, the court awarded no damages. Plain-tiff's evidence for damages was speculative and impossible to allocate.

  • February 26, 2020 | The Legal Intelligencer

    At US Supreme Court, UPenn ERISA Class Rebuts 'Apocalyptic Warnings'

    "The decision below could not possibly threaten the availability of retirement plans, as petitioners and their amici suggest," attorney Jerome Schlichter told the Supreme Court.

    1 minute read

  • Garfield v. Blackrock Mortgage Ventures, LLC

    Publication Date: 2020-01-08
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Kurt M. Heyman, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Jason M. Leviton, Joel A. Fleming, Amanda R. Crawford, Block & Leviton LLP, Boston, MA for plaintiff.
    for defendant: Kenneth J. Nachbar, Morris Nichols Arsht & Tunnell, Wilmington, DE; Deborah S. Birnbach, Jennifer B. Luz, Katherine B. Dacey, Goodwin Procter LLP, Boston, MA; Kevin R. Shannon, Berton W. Ashman, Jr., Callan R. Jackson, Potter Andersoon & Corroon LLP, Wilmington, DE; John P. Coffey, Adina C. Levine, Kramer Levin Naftalis & Frankel LLP, New York, NY; David E. Ross, S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE for defendant.

    Case Number: D68832

    Corporate restructuring transaction was subject to entire fairness review rather than receiving the benefit of the business judgment rule where two large stockholders formed controller group who received special benefits from the reorganization that ordinary stockholders did not receive.

  • Shareholder Representative Services LLC v. RSI Holdco, LLC

    Publication Date: 2019-06-19
    Practice Area: Mergers and Acquisitions
    Industry: Aerospace | Investments and Investment Advisory | Legal Services
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Rudolf Koch, Susan M. Hannigan and Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; Christopher F. Robertson and Alison K. Eggers, Seyfarth Shaw LLP, Boston, MA for plaintiff and third-party defendants.
    for defendant: John P. DiTomo and Jarrett W. Horowitz, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Roberto M. Braceras, Adam Slutsky and Ezekiel L. Hill of Goodwin Procter LLP, Boston, MA for defendants.

    Case Number: D68604

    The parties' merger agreement contained a provision which preserved the attorney-client privilege regarding pre-merger communications between sellers and their attorney.

  • Shareholder Representative Serv. LLC v. RSI Holdco, LLC

    Publication Date: 2019-06-05
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Rudolf Koch, Susan M. Hannigan and Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; Christopher F. Robertson and Alison K. Eggers, Seyfarth Shaw LLP, Boston, MA for plaintiffs and third-party defendants
    for defendant: John P. DiTomo and Jarrett W. Horowitz, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Roberto M. Braceras, Adam Slutsky and Ezekiel L. Hill, Goodwin Procter LLP, Boston, MA for defendants/third-party plaintiffs

    Case Number: D68588

    In this merger litigation, defendants named only some stockholders in their third-party complaint, but the court dismissed de-fendants' request for rescission because all of the stockholders were indispensable parties. Defendants' unjust enrichment claim survived a motion to dismiss.

  • December 19, 2017 | The Legal Intelligencer

    Getting Your Company's Case Removed to Federal Court When Sued in Your 'Home' State

    It's no secret that companies sued as defendants generally prefer to litigate in federal court, not state court. Federal courts are presumed to be more predictable, more transparent, and less subject to local biases than state courts.

    1 minute read

  • September 12, 2017 | The American Lawyer

    Why Are So Many Partners Leaving Ropes & Gray?

    Firm leadership defends its strategy, particularly in London, and says they aren't worried about the future.

    1 minute read

  • August 31, 2017 | The American Lawyer

    Kirkland Adds Two More Ropes & Gray Lawyers in London

    A week after adding a five-partner team from Ropes & Gray on three continents, Kirkland & Ellis has returned to the firm for two more lateral hires.

    1 minute read

  • July 18, 2017 | The American Lawyer

    Orrick Develops New Role in Bet on Hot Field of Impact Finance

    The firm says it is the first to create a dedicated impact finance attorney position.

    1 minute read

  • July 3, 2017 | The American Lawyer

    Big Law Looking Forward to 'Macron-Economic' Boost in France

    France has long been a challenging place in which to do business. The historically left-leaning country's high taxes and tough labor laws often have made it a frustrating market for international investors—and their lawyers.

    1 minute read