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332 results for '* topic:"Corporate Governance"' You can use Search Constraints to get even better search results
Publication Date: 2021-11-02
Practice Area: Corporate Governance
Industry: Financial Services and Banking
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: Kevin H. Davenport, John G. Day, Prickett, Jones & Elliott, P.A., Wilmington, DE for plaintiffs.
for defendant: Art. C. Aranilla, Marshall Dennehey Warner Coleman & Goggin, Wilmington, DE; Brett A. Scher, Patrick M. Kennell, Kaufman Dolowich & Voluck, LLP, New York, NY for defendant.
Case Number: D69591
Motion to dismiss challenge to board election denied where motion referred to documents outside of the pleadings, requiring conversion of the motion to one for summary judgment, under which standard the court determined that further factfinding was required.
Publication Date: 2021-10-27
Practice Area: Corporate Governance
Industry: Manufacturing
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Andrew M. Carty, Brown Rudnick LLP, New York, NY; James W. Stoll, Brian M. Alosco, Brown Rudnick LLP, Boston, MA; Garvin McDaniel, Hogan McDaniel, Wilmington, DE for appellant.
for defendant: Robert A. Fumerton, Lisa Laukitis, William J. O’Brien, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY; Paul J. Lockwood, Jason M. Liberi, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Chris Paparella, Nathaniel J. Kritzer, Steptoe & Johnson LLP, New York NY; John J. Byron, Steptoe & Johnson LLP, Chicago, IL; Jeremy W. Ryan, D. Ryan Slaugh, Potter Anderson & Corroon LLP, Wilmington, DE for appellees.
Case Number: D69586
In this adversary proceeding, the counterclaims filed by liquidation trustee against former directors and officers of debtor failed to state the necessary elements of breach of duty of care and loyalty because trustee did not plead gross negligence.
Publication Date: 2021-10-20
Practice Area: Corporate Governance
Industry: Hospitality and Lodging | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Samuel L. Closic, Eric Juray, Prickett, Jones & Elliot, P.A., Wilmington, DE; Brian J. Robbins, Craig W. Smith, Gregory E. Del Gaizo, Emily R. Bishop, Robbins LLP, San Diego, CA for plaintiff
for defendant: Raymond J. DiCamillo, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Jason J. Mendro, Jeffrey S. Rosenberg, Gibson, Dunn & Crutcher LLP, Washington, D.C.; Adam H. Offenhartz, Laura Kathryn O’Boyle, Gibson, Dunn & Crutcher LLP, New York, NY for defendants.
Case Number: D69575
The court dismissed breach of fiduciary duty claims brought against directors arising out of a data breach because certain claims were time-barred, and plaintiff failed to allege sufficient facts of failure of oversight by directors.
Publication Date: 2021-10-20
Practice Area: Corporate Governance
Industry: Consulting | Software | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Stark
Attorneys: For plaintiff: Brian M. Gottesman, David B. Anthony, Peter C. McGivney, Berger Harris LLP, Wilmington, DE for plaintiffs
for defendant: Paul D. Brown, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Keith M. Fleischman, Joshua D. Glatter, June Park, Fleischman Bonner & Rocco LLP, White Plains, NY for defendants.
Case Number: D69576
Plaintiffs properly stated a claim for breach of fiduciary duty and libel.
Publication Date: 2021-10-20
Practice Area: Corporate Governance
Industry: E-Commerce | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Daniel K. Astin, Ciardi Ciardi & Astin, Wilmington, DE; Richard D. Greenfield, Marguerite R. Goodman, Ann M. Caldwell, Greenfield & Goodman LLC, Philadelphia, PA; Albert A. Ciardi III, Walter W. Gouldsbury III, Ciardi, Ciardi & Astin, Philadelphia, PA; Kevin H. Davenport, Samuel L. Closic, John G. Day, Elizabeth Wang, Prickett, Jones & Elliott, P.A., Wilmington, DE; Peter B. Andrews; Craig J. Springer, David M. Sborz, Andrews & Springer, LLC; Geoffrey M. Johnson, Scott+Scott Attorneys At Law LLP, Cleveland Heights, OH; Donald A. Broggi, William C. Fredericks, Scott R. Jacobsen, Jing-Li Yu, Scott+Scott Attorneys At Law LLP, New York, NY; Daniel B. Rehns, Frank R. Schirripa, Kurt M. Hunciker, Kathryn Hettler, Hach Rose Schirripa & Cheverie LLP, New York, NY; Brian J. Robbins, Stephen J. Oddo, Gregory E. Del Gaizo, Rob-bins LLP, San Diego, CA; Thomas J. McKenna, Gregory M. Egleston, Gainey McKenna & Egleston, New York, NY; Joseph J. Tabacco, Jr., Daniel E. Barenbaum, Berman Tabacco, San Francisco, CA; Joseph W. Cotchett, Mark Molumphy, Julia Peng, Cotchett Pitre & McCarthy LLP; Thaddeus J. Weaver, Dilworth Paxson LLP, Wilmington, DE; Frederic S. Fox, Laurence D. King, Hae Sung Nam, Donnie Hall, Aaron Schwartz, Kaplan Fox & Kilsheimer LLP, New York, NY; Kathleen A. Herkenhoff, Kaplan Fox & Kilsheimer LLP, Oakland, CA; Catherine Pratsinakis, Dilworth Paxson LLP, Philadelphia, PA; Nathan A. Cook, Mae Oberste, Block & Leviton LLP, Wilmington, DE; Kurt M. Heyman, Melissa N. Donimirski, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Jason M. Leviton, Joel Fleming, Lauren G. Milgroom, Block & Leviton LLP, Boston, MA for plaintiffs.
for defendant: David E. Ross, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Orin Snyder, Gibson, Dunn & Crutcher LLP, New York, NY; Brian M. Lutz, Gibson, Dunn & Crutcher LLP, San Francisco, CA; Paul J. Collins, Gibson, Dunn & Crutcher LLP, Palo Alto, CA; Joshua S. Lipshutz, Gibson, Dunn & Crutcher LLP, Washington, DC for defendants.
Case Number: D69574
The court held that consolidation of cases was not appropriate where one case's derivative plaintiffs made no demand on the corporate board and the other case's single plaintiff chose to make a demand that was subsequently refused.
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Authors: Michael D. Malfitano
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Publication Date: 2021-10-13
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Stephen E. Jenkins, F. Troup Mickler IV, Ashby & Geddes, P.A., Wilmington, DE; Eduard Korsinsky, Gregory M. Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY for plaintiff.
for defendant: Kevin R. Shannon, Matthew F. Davis, Justin T. Hymes, Potter Anderson & Corroon LLP, Wilmington, DE; David M. Zensky, Brian Carney, Akin Gump Strauss Hauer & Feld LLP, New York, NY; Scott Barnard, Akin Gump Strauss Hauer & Feld LLP, Dallas, TX; David E. Ross, Ross Aronstam & Moritz LLP, Wilmington, DE; Andrew B. Clubok, J. Christian Word, Stephen P. Barry, Latham & Watkins, LLP, Washington, DC; Rudolf Koch, Matthew D. Perri, Richards Layton & Finger, P.A., Wilmington, DE; Bruce Birenboim, Susanna M. Buergel, Christopher L. Filburn, Paul, Weiss, Rifkind, Wharton & Garrison, LLP, New York, NY; William B. Chandler, III, Andrew D. Cordo, Wilson Sonsini Goodrich & Rosati, Wilmington, DE; Mark A. Kirsch, Randy M. Mastro, Gibson Dunn & Crutcher, New York, NY for defendants.
Case Number: D69573
The court dismissed plaintiff's derivative claims because he failed to adequately plead the existence of a control group, and plaintiff also failed to demonstrate demand futility.
Publication Date: 2021-10-13
Practice Area: Corporate Governance
Industry: Insurance | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: P. Bradford deLeeuw, deLeeuw Law LLC, Wilmington, DE; David R. Scott, Scott+Scott Attorneys at Law LLP, Colchester, CT; Thomas L. Laughlin IV, Scott Jacobsen, Scott+Scott Attorneys at Law LLP, New York, NY; Robert C. Schubert, Willem F. Jonckheer, Dustin L. Schubert, Schubert Jonckheer & Kilbe LLP, San Francisco, CA; Robert B. Weiser, James M. Ficaro, The Weiser Law Firm P.C., Berwyn, PA; Brett D. Stecker, Shuman, Glenn & Stecker, Ardmore, PA; Michael I. Fistel, Jr., Johnson & Weaver, LLP, Marietta, GA; Corey D. Holzer, Holzer & Holzer, LLC, Atlanta, GA for plaintiffs.
for defendant: Srinivas M. Raju, Richards, Layton & Finger, P.A., Wilmington, DE; Greg A. Danilow, Caroline Hickey Zalka, John A. Neuwirth, Evert J. Christensen, Jr., Amanda K. Pooler, Weil, Gotshal & Manges LLP, New York, NY for defendants.
Case Number: D69571
Plaintiffs in this derivative action failed to adequately plead demand futility and they also failed to allege claims for breach of fiduciary duty against officers and directors, so the court granted defendants' motions to dismiss.
Publication Date: 2021-10-06
Practice Area: Corporate Governance
Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Christine M Mackintosh, Kimberly A. Evans, Michael D. Bell, Vivek Upadhya, Grant & Eisenhofer P.A., Wilmington, DE; Jeroen van Kwawegen, Christopher J. Orrico, Andrew E. Blumberg, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for plaintiffs.
for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Richards, Layton & Finger, P.A., Wilmington, DE; Joseph De Simone, Michelle J. Annunziata, Michael Rayfield, Mayer Brown LLP, New York, NY; Matthew E. Fenn, Mayer Brown LLP, Chicago, IL; C. Barr Flinn, Paul Loughman, Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Eric Leon, Nathan Taylor, Latham & Watkins LLP, New York, NY for defendants.
Case Number: D69563
Genuine issues of material fact precluded summary judgment on the issue of demand futility, but the court dismissed claims against two director defendants in this derivative action.
Publication Date: 2021-09-08
Practice Area: Corporate Governance
Industry: Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: P. Bradford deLeeuw, deLeeuw Law LLC, Wilmington, DE; Richard A. Speirs, Christopher Lometti, Cohen Milstein Sellers & Toll PLLC, New York, NY; Robert C. Schubert, Willem F. Jonckheer, Schubert Jonckheer & Kolbe LLP, San Francisco, CA; Kip B. Shuman, Shuman, Gleen & Stecker, San Francisco, CA; Rusty E. Glenn, Shuman, Gleen & Stecker, Denver, CO; Brett D. Stecker, Shuman, Gleen & Stecker, Ardmore, PA for plaintiffs.
for defendant: Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Troy S. Brown, Laura Hughes McNally, Brian F. Morris, Karen Pieslak Pohlmann, Morgan, Lewis & Bockius LLP, Philadelphia, PA; William M. Lafferty, Ryan D. Stottmann, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Peter E. Kazanoff, Sara A. Ricciardi, Courtney G. Skarupski, Simpson Thacher & Bartlett LLP, New York, NY; William M. Lafferty, Ryan D. Stottmann, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Daniel V. McCaughey, Erin Macgowan, Ropes & Gray LLP, Boston, MA; Christian Reigstad, Ropes & Gray LLP, New York, NY; Daniel A. Mason, Matthew D. Stachel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Andrew J. Ehrlich, Brette Tannenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Kevin G. Abrams, J. Peter Shindel, Jr., Abrams & Bayliss LLP, Wilmington, DE; Paul Vizcarrondo, John F. Lynch, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants.
Case Number: D69527
Derivative complaint dismissed for failure to plead demand futility where stockholders could not show that a majority of directors possessed non-public information that caused the company to issue material misstatements or omissions, so that as a result the directors did not face a substantial likelihood of liability to excuse the demand requirement.
Publication Date: 2021-09-08
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Richard I. G. Jones, Jr., John G. Harris, Berger Harris LLP, Wilmington, DE for plaintiff.
for defendant: David J. Teklits, Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Procter LLP, New York, NY for defendant.
Case Number: D69526
Court declined to dismiss case in favor of previously-filed action involving the parties, where the present case involved distinct issues and the previously-filed action was heading to trial, such that dismissing the present case would not serve judicial economy by forcing the previously-filed action to return to the pleadings stage.
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