Chancellor Kathaleen St. Jude McCormick, the leader of the Chancery Court of Delaware. Courtesy photo Latest Tranche of Amendments to Court of Chancery Rules Includes Tweaks To Certain Fees Schedules
"I remain immensely grateful to Vice Chancellor (J. Travis) Laster, Blake Rohrbacher, and the subcommittee members for their commitment to this project," Chancellor Kathaleen St. Jude McCormick said in a statement. "Each subcommittee member's participation was essential to this project and our system is better thanks to their efforts."
June 03, 2024 at 10:25 AM
2 minute read
Court Administration
The original version of this story was published on Delaware Law Weekly
The leader of the Chancery Court of Delaware, Chancellor Kathaleen McCormick, signed an order adopting amendments Friday as part of a multiyear project to update, modernize and improve the court's rules.
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Michael G. Bongiorno, Andrew Scott Dulberg and Elizabeth E. Driscoll from Wilmer Cutler Pickering Hale and Dorr have stepped in to represent Symbotic Inc., an A.I.-enabled technology platform that focuses on increasing supply chain efficiency, and other defendants in a pending shareholder derivative lawsuit. The case, filed Oct. 2 in Massachusetts District Court by the Brown Law Firm on behalf of Stephen Austen, accuses certain officers and directors of misleading investors in regard to Symbotic's potential for margin growth by failing to disclose that the company was not equipped to timely deploy its systems or manage expenses through project delays. The case, assigned to U.S. District Judge Nathaniel M. Gorton, is 1:24-cv-12522, Austen v. Cohen et al.
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