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  • Constr. Indus. Laborers Pension Fund v. Bingle

    Publication Date: 2022-09-20
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Michael J. Barry, Vivek Upadhya, Grant & Eisenhofer, P.A., Wilmington, DE; Thomas Curry, Tayler D. Bolton, Saxena White P.A., Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Jonathan Zweig, Sarah Delaney, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY, D. Seamus Kaskela, Kaskela Law LLC, Newton Square, PA; Julia Goldsmith Reiser, Cohen Milstein Sellers & Toll PLLC, Washington, DC; Richard A. Speirs, Amy Miller, Cohen Milstein Sellers & Toll PLLC, New York, NY for plaintiffs.
    for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Alexander M. Krischik, Richards, Layton & Finger, P.A., Wilmington, DE; Sandra C. Goldstein, Stefan Atkinson, Byron Pacheco, Kirkland & Ellis LLP, New York, NY; William M. Lafferty, Ryan D. Stottmann, Alexandra M. Cumings, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Sameer Advani, Wesley R. Powell, Patricia O. Haynes, Willkie Farr & Gallagher LLP, New York, NY; A. Thompson Bayliss, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; Peter L. Welsh, C. Thomas Brown, Patrick T. Roath, Ropes & Gray LLP, Boston, MA; Edward R. McNicholas, Ropes & Gray LLP, Washington, DC; John L. Reed, Ronald N. Brown, Peter H. Kyle, Kelly L. Freund, Dla Piper LLP, Wilmington, DE; Paul R. Bessette, Michael J. Biles, Daniel M. Wodnicki, King & Spalding LLP, Austin, TX; Benjamin Lee, Benjamin B. Watson, King & Spalding LLP, Atlanta, GA, for defendants.
    Case Number: 2021-0940-SG

    Court granted board of directors' motion to dismiss a claim for breach of loyalty after plaintiff shareholders sued following a cybersecurity attack that led to a substantial drop in the company's stock value.

  • Vintage Rodeo Parent, LLC v. Rent-A-Center, Inc.

    Publication Date: 2019-03-27
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: William B. Chandler III, Bradley D. Sorrels, Shannon E. German, Andrew D. Berni, David J. Berger and Katherine Henderson, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE and Palo Alto, CA; Wil-liam M. Lafferty, Thomas W. Briggs, Jr. and Richard Li, Morris, Nichols, Arsht & Tunnell LLP, Wilming-ton, DE; Tariq Mundiya, Jeffrey Korn, Sameer Advani and Shaimaa Hussein, Willkie Farr & Gallagher LLP, New York, NY for plaintiffs.
    for defendant: David R. Ross and S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Bruce Van Dalsem, William C. Price, Scott B. Kidman, Andrew J. Rossman, Jane M. Byrne, Corey Worcester, Ellyde R. Thompson, Guyon H. Knight, Elisabeth B. Miller and Hope D. Skibitsky, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA and New York, NY for intervenor-plaintiff B. Riley Financial. Michael A. Pittenger, T. Brad Davey, Matthew F. Davis, Jacqueline A. Rogers and Caneel Radinson-Blasucci , Potter Anderson & Corroon LLP, Wilmington, DE; John W. Spiegel, George M. Garvey, Robert L. Dell Angelo and John M. Gildersleeve, Munger Tolles & Olson LLP, Los Angeles, CA for defendant.
    Case Number: D68509

    Plaintiffs failed to demonstrate that a merger agreement's end date was extended or that defendant was barred from exercising its right to terminate the agreement.