• June 3, 2024 | The Recorder

    Foley & Lardner Hires Former SoftBank GC in San Francisco, Eyeing Fund Formation Opportunities

    Brian Wheeler built a team of 40 lawyers managing more than $130 billion in investments at SoftBank Investment Advisors. Most recently, he was general counsel for HENI, an art services and technology company.

    3 minute read

  • August 10, 2023 | Legaltech News

    Looking at the Impact of Venture Capital and the Future of Technology Innovation

    A look at what happens when Washington seeks to regulate Silicon Valley by enforcement.

    12 minute read

  • White Winston Select Asset Funds, LLC v. Good Times Rests, Inc.

    Publication Date: 2023-02-21
    Practice Area: Mergers and Acquisitions
    Industry: Food and Beverage | Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Bibas
    Attorneys: For plaintiff: Richard Alan Barkasy, Stephen A. Fogdall, Kristi JoLynn Doughty, Schnader, Harrison, Segal & Lewis LLP, Wilmington, DE for plaintiffs.
    for defendant: Catherine A. Gaul, Michael Dean Walker, Jr., Ashby & Geddes, Wilmington, DE; Davis G. Mosmeyer III, Peter L. Loh, Sara A. Brown, Foley & Lardner LLP, Dallas, TX for defendant.

    Case Number: 19-cv-02092-SB

    Breach of duty to negotiate in good faith claim rejected where parties' non-binding letter of intent let seller walk away for any reason and seller continued to pursue the transaction up until new financial performance data motivated seller to ask for higher price, where the evidence showed that seller would have consummated the transaction at that higher price.

  • Franklin v. Glenhill Advisors LLC

    Publication Date: 2023-02-14
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: David L. Finger, Finger & Slanina, LLC, Wilmington, DE for plaintiff.
    for defendant: F. Troupe Mickler IV, Marie M. Degnan, Ashby & Geddes, P.A., Wilmington, DE; John B. Horgan, Joanna R. Cohen, Ellenoff Grossman & Schole LLP, New York, NY; John D. Hendershot, Andrew L. Milam, Melissa A. Lagoumis, Richards, Layton & Finger, P.A., Wilmington, DE; Bryan B. House, Foley & Lardner LLP, Milwaukee, WI; Scott J. Leonhardt, Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; S. Preston Ricardo, Golenbock Eiseman Assor Bell & Peskoe LLP, New York, NY for defendants.

    Case Number: 2021-1119-LWW

    Court declined to vacate judgment where alleged new evidence was already known to plaintiff and plaintiff failed to plead the existence of any fraud, and where plaintiff waited more than two years to file his motion, choosing instead to relitigate the issues in another jurisdiction in the interim.

  • June 6, 2022 | Connecticut Law Tribune

    Bullish on NFT and Web3 Opportunities? Here's What You Need to Know

    "Businesses that fail to evolve will cease to be competitive," said Louis Lehot, a partner with Foley & Lardner.

    5 minute read

  • January 28, 2022 | New York Law Journal

    Foley & Lardner Sign on to Represent Defendants in Cryptocurrency Case

    The MCO2 cryptocurrency at the center of the case is described in promotional materials as a carbon credit token aimed at "democratizing carbon offsetting."

    3 minute read

  • Swipe Acquisition Corp. v. Krauss

    Publication Date: 2020-09-09
    Practice Area: Deals and Transactions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: David E. Ross and S. Michael Sirkin, Ross Aranstam & Moritz LLP, Wilmington, DE; Michael Farhang, Ari Lanin and Samuel A. Spears, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for plaintiff.
    for defendant: Michael F. Bonkowski, Cole Schotz, P.C., Wilmington, DE; Kevin A. Reck, Kara M. Wick and Emily Lang, Foley & Lardner LLP, Orlando, FL; Louis J. Rizzo, Jr., Reger Rizzo & Darnell LLP, Wilmington, DE; William E. Shmidheiser, III, Flora Pettit, Harrisonburg; Raymond H. Lemisch, Klehr, Harrison, Harvey & Branzburg LLP, Wilmington, DE for defendants.

    Case Number: D69114

    Buyers stated claims for breach of contract, indemnity and fraud in connection with the sale of a business, because sellers failed to disclose important customer information.

  • Riker v. Teucrium Trading, LLC

    Publication Date: 2020-05-27
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Michael F. Bonkowski and Andrew L. Cole, Cole Schotz P.C., Wilmington, DE; Roger A. Lane and Courtney Worcester, Foley & Lardner LLP, Boston, MA for plaintiff.
    for defendant: T. Brad Davey and Mathew A. Golden, Potter Anderson & Corroon LLP, Wilmington, DE; Barry S. Pollack and Joshua L. Solomon, Pollack Solomon Duffy LLP, Boston, MA for defendant.

    Case Number: D68995

    In this books and records request matter, the court held that plaintiff was entitled to certain documents to value his interest, but the court denied other aspects of his request.

  • Almond v. Glenhill Advisors, LLC

    Publication Date: 2019-04-24
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter B. Ladig and Sara E. Bussiere, Bayard, P.A., Wilmington, DE; David H. Wollmuth and Michael C. Ledley, Wollmuth Maher & Deutsch LLP, New York, NY; David A. Jenkins, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Scott J. Watnik, Wilk Auslander LLP, New York, NY; Thomas A. Brown, Morea Schwartz Bradham Friedman & Brown LLP, New York, NY for plaintiffs.
    for defendant: Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE; Adrienne M. Ward and Brian Katz, Olshan Frome Wolosky LLP, New York, NY; John B. Borgan, Ellenoff Grossman & Schole LLP, New York, NY; Douglas D. Herrmann, Pepper Hamilton LLP, Wilmington, DE; Paul B. Carberry, Joshua Weedman, and Erin Smith, White & Case LLP, New York, NY; Frederick B. Rosner, Scott J. Leonhardt, and Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE; S. Preston Ricardo, Golenbock Eiseman Assor Bell & Peskoe LLP, New York, NY; John D. Hendershot, Susan M, Hannigan, and Brian F. Morris, Richards, Layton & Finger, P.A., Wilmington, DE; Brian B. House, Foley & Lardner LLP, Milwaukee, WI for defendants.

    Case Number: D68534

    Plaintiffs' fee application pursuant to the corporate benefit doctrine denied under equitable principles where plaintiffs opposed company's efforts to judicially validate defective corporate acts identified by plaintiffs to succeed on their larger claim for damages.

  • July 18, 2018 | Daily Business Review

    Chinese EB-5 Investors in Unfinished Las Olas Ocean Resort Allege Fraud

    The unfinished Fort Lauderdale hotel is set for a bankruptcy auction Aug. 15.

    1 minute read