• March 3, 2025 | The American Lawyer

    Am Law 200 Firm's $38M Malpractice Settlement Gets Court Approval

    The suits filed against the firm concerned a former partner's role in counseling Par Funding.

    1 minute read

  • February 28, 2025 | The Legal Intelligencer

    Judge OKs Eckert Seamans' $38M Settlement Tied to Sprawling Fraud at Phila. Cash Advance Co.

    The final approved settlement agreement will ultimately net defrauded investors about $31.75 million, while the remaining $6.25 million will go to attorney fees.

    1 minute read

  • Deutsche Bank AG v. Devon Park Bioventures, L.P.

    Publication Date: 2025-02-11
    Practice Area: Damages
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen C. Norman, Aaron R. Sims, Potter Anderson & Corroon LLP, Wilmington, DE; David G. Januszewski, Sheila C. Ramesh, Sesi V. Garimella, Cahill Gordon & Reindel LLP, New York, NY for plaintiff.
    for defendant: James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Kevin C. Maclay, Todd E. Phillips, Quincy M. Crawford, Nathaniel R. Miller, Caplin & Drysdale, Chartered, Washington, DC; William M. Kelleher, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE; K. Tyler O’Connell, Albert J. Carroll, R. Eric Hacker, Samuel E. Bashman, Morris James LLP, Wilmington, DE for defendants.

    Case Number: 2017-0822-SG

    Court dismissed civil conspiracy claim against limited partnership arising from limited partner's alleged fraudulent transfer of its partnership interest where plaintiff failed to plead sufficient facts to support an inference that the partnership knowingly participated in the limited partner's tortious efforts to frustrate satisfaction of plaintiff's judgment.

  • January 6, 2025 | The Recorder

    Withers Hires Lawyers, Staff From LA Trusts and Estates Boutique

    Eight lawyers and three paralegals join the Withers West Coast team.

    1 minute read

  • Chai v. Maginn

    Publication Date: 2024-10-15
    Practice Area: Corporate Governance
    Industry: Education | Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: Neil R. Lapinski, Phillip A. Giordano, Madeline R. Silverman, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for plaintiff.
    for defendant: Thomas A. Uebler, Kathleen A. Murphy, Adam J. Waskie, Sarah P. Kaboly, Terisa A. Shoremount, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE; Thad J. Bracegirdle, Sarah T. Andrade, Bayard, P.A., Wilmington, DE for defendants.

    Case Number: 2024-0393-LWW

    Stockholder/director's claims for breach of stockholders' agreement were barred by res judicata, laches, and acquiescence where director served alongside other directors without objection and could have asserted her present claims in a prior action against the other directors.

  • Bandera Master Fund LP v. Boardwalk Pipeline Partners, LP

    Publication Date: 2024-09-24
    Practice Area: Corporate Governance
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
    for defendant: Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, James M. Yoch, Jr., Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; William Savitt, Sarah K. Eddy, Adam M. Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants.

    Case Number: 2018-0372-JTL

    Former limited partners' alternative theories of recovery against general partner in breach of partnership agreement action failed where Delaware Supreme Court had found general partner's reliance on outside counsel's opinion was entitled to conclusive presumption of good faith.

  • Rivera v. Angkor Capital Ltd.

    Publication Date: 2024-09-03
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Thad J. Bracegirdle, Bayard, P.A., Wilmington, DE for plaintiff.
    for defendant: Neil R. Lapinski, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.

    Case Number: 2022-0671-MTZ

    Although a corporation that was void before filing suit meant it lacked authority to pursue litigation and thus rendered the final judgment in the suit likely void, the court lacked the authority to sua sponte set aside the judgment absent fraud upon the court.

  • Litovich v. Bank of America Corp.

    Publication Date: 2024-07-12
    Practice Area: Civil Procedure | Judges
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: U.S. Court of Appeals for the Second Circuit
    Judge: Per Curiam
    Attorneys: For plaintiff: For Plaintiffs-Appellants: Gregory Rapawy, Eliana Margo Pfeffer, on the brief, David C. Frederick, Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., Washington, DC. For Plaintiffs-Appellants: Christopher M. Burke, Scott+Scott Attorneys at Law LLP, New York, NY. For Plaintiffs-Appellants: Walter W. Noss, Kate Lv, Scott+Scott Attorneys at Law LLP, San Diego, CA. For Plaintiffs-Appellants: George A. Zelcs, Chad E. Bell, Ryan Z. Cortazar, Korein Tillery LLC, Chicago, IL. For Plaintiffs-Appellants: Glen E. Summers, Karma M. Giulianelli, Bartlit Beck LLP, Denver, CO.
    for defendant: For Defendants-Appellees The Goldman Sachs Group, Inc. and Goldman Sachs & Co. LLC: Matthew J. Porpora, Jonathan S. Carter, on the brief, Richard C. Pepperman II, Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellees Bank of America Corporation, BofA Securities, Inc., and Merrill Lynch, Pierce, Fenner & Smith Incorporated: Adam S. Hakki, Richard F. Schwed, Shearman & Sterling LLP, New York, NY. For Defendant-Appellee Barclays Capital, Inc.: Barry G. Sher, Kevin P. Broughel, Paul Hastings LLP, New York, NY. For Defendant-Appellee Credit Suisse Securities (USA) LLC: Herbert S. Washer, Sheila C. Ramesh, Adam S. Mintz, Cahill Gordon & Reindel LLP, New York, NY. For Defendants-Appellees JPMorgan Chase & Co. and J.P. Morgan Securities LLC: Robert D. Wick, John S. Playforth, Covington & Burling LLP, Washington, DC. For Defendant-Appellee NatWest Markets Securities Inc: Paul S. Mishkin, Adam G. Mehes, Davis Polk & Wardwell LLP, New York, NY. For Defendants-Appellees Citigroup Inc. and Citigroup Global Markets Inc.: Jay Kasner, Karen M. Lent, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY. For Defendant-Appellant Deutsche Bank Securities Inc.: John F. Terzaken, Adrienne V. Baxley, Simpson Thacher & Bartlett LLP, Washington, DC. For Defendants-Appellees Morgan Stanley, Morgan Stanley & Co. LLC, and Morgan Stanley Smith Barney LLC: Richard A. Rosen, Brad S. Karp, Susanna M. Buergel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, Kannon K. Shanmugam, Jane B. O'Brien, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, DC. For Defendants-Appellees Wells Fargo & Co., Wells Fargo Securities, LLC, and Wells Fargo Clearing Services, LLC: Jayant W. Tambe, Laura W. Sawyer, Amanda L. Dollinger, Jones Day, New York, NY.

    Case Number: 21-2905

    Judgment Vacated; Statute, Precedents Required Judge's Pre-Judgment Disqualification

  • March 25, 2024 | The American Lawyer

    The Law Firms and Lawyers That Benefit Most From Private Equity Designation

    An in-depth investigation featuring interviews with a wide range of market leaders has shown the law firms and lawyers that frequently get designated mandates on private equity transactions in the UK.

    5 minute read

  • Malkani v. Cunningham

    Publication Date: 2024-03-11
    Practice Area: Securities Litigation
    Industry: Health Care | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, Randall J. Teti, Ashby & Geddes, Wilmington, DE; Marcos D. Jimenez, Marcos D. Jimenez, P.A., Miami, FL for plaintiffs.
    for defendant: Ryan P. Newell, Lakshmi A. Muthu, Tara C. Pakrouh, Michael A. Carbonara, Jr., Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Heyden, Jr., Joseph E. Brenner, Gordon Rees Scully Mansukhani, LLP, Wilmington, DE for defendants.

    Case Number: 2020-1004-SG

    Although defendant prevailed on some claims asserted by plaintiff, plaintiff was the prevailing party in the overall litigation as the central issue in the case was the validity and enforceability of the parties' contracts, and thus plaintiff was entitled to legal fees and costs under the contractual fee-shifting provisions.