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  • Fisher v. Sanborn

    Publication Date: 2021-04-14
    Practice Area: Corporate Governance
    Industry: Financial Services and Banking | E-Commerce | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Blake A. Bennett, Cooch and Taylor, P.A., Wilmington, DE; Brian J. Robbins, Stephen J. Oddo, Emily R. Bishop, Robbins LLP, San Diego, CA for plaintiff.
    for defendant: A. Thompson Bayliss, Joseph A. Sparco, Abrams & Bayliss LLP, Wilmington, DE; James N. Kramer, Alexander K. Talarides, Orrick Herrington & Sutcliffe LLP, San Francisco, CA for defendants.
    Case Number: D69359

    Derivative complaint dismissed for failure to make pre-suit demand where lack of evidence that a majority of directors acted knowingly and deliberately in permitting the company to violate consumer protection laws or providing false and misleading information to the public meant that directors were exculpated from bad faith claims and therefore faced no substantial likelihood of personal liability and could independently evaluate a litigation demand.

  • February 6, 2015 | The Recorder

    Securities Lawyers Flocking to Delaware

    SAN FRANCISCO — Jaws dropped in 2011 when the Delaware Court of Chancery granted plaintiffs lawyers a record-breaking $300 million in fees for their work on a shareholder derivativ

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  • February 6, 2015 | The Recorder

    Securities Lawyers Flocking to Delaware

    Wilmington is the venue of choice for plaintiffs lawyers drawn by the prospect of fat fees, and defense lawyers who like its consistent and corporate-friendly legal climate.

    1 minute read