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332 results for '* topic:"Corporate Governance"' You can use Search Constraints to get even better search results
Publication Date: 2021-06-23
Practice Area: Corporate Governance
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: R. Karl Hill, Seitz, Van Ogtrop & Green, P.A., Wilmington, DE; Rochelle R. Koerbel, Maureen E. Sweeny, Blumling & Gusky, LLP, Pittsburg, PA for plaintiffs.
for defendant: Samuel T. Hirzel, II, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defend-ants.
Case Number: D69444
The court granted motions to dismiss as to multiple defendants for lack of personal jurisdiction.
Publication Date: 2021-06-23
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, Jessica Zeldin, David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Mark Lebovitch, Da-vid Wales, Andrew Blumberg, Bernstein Litowitz Berger & Grossman LLP, New York, NY; Jeffrey M. Gorris, Christopher M. Foulds, Friedlander & Gorris, P.A., Wilmington, DE; Jeremy S. Friedman, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; D. Seamus Kaskela, Kaskela Law LLC, Newtown Square, PA for plaintiffs.
for defendant: Michael A. Pittenger, Matthew F. Davis, David A. Seal, Caneel Radinson-Blasucci, Potter Anderson & Cor-roon LLP, Wilmington, DE; Michael P. Kelly, Daniel M. Silver, Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Carl N. Kunz, III, K. Tyler O’Connell, Albert J. Carroll, Morris James LLP, Wilmington, DE; Ronald L. Berenstain, Sean C. Knowles, Perkins Coie LLP, Seattle, WA; Susan W. Waesco, John P. DiTomo, Daniel T. Menken, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Blake Rohrbacher, Matthew W. Murphy, Elizabeth A. Heise, Richards, Layton & Finger, P.A., Wilmington, DE for defendants.
Case Number: D69443
Plaintiffs alleged sufficient facts to indicate the existence of a control group, and the conflicted transaction in this case was subject to entire fairness review.
Publication Date: 2021-06-16
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Samuel T. Hirzel, II, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Matthew M. Oliver, Lowenstein Sandler LLP, Roseland, NJ for plaintiff.
for defendant: Oderah C. Nwaeze, Faegre Drinker Biddle & Reath LLP, Wilmington, DE for defendant.
Case Number: D69431
Claims alleging wrongful disposition of corporate resources or assets were essentially derivative in nature, meaning that former member of LLC lacked standing to assert such claims and could not do so after failing to make litigation demand or plead demand futility.
Publication Date: 2021-06-16
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Blake A. Bennett, Cooch and Taylor, P.A., Wilmington, DE; P. Bradford deLeeuw, deLeeuw Law LLC, Wil-mington, DE; Lee Squitieri, Squitieri & Fearon, LLP, New York, NY; Jeffrey S. Abraham, Michael J. Klein, Abraham, Fruchter & Twersky LLP, New York, NY; Donald J. Enright, Elizabeth K. Tripodi, Jordan Cafritz, Levi & Korsinsky, LLP for plaintiffs.
for defendant: Edward B. Micheletti, Jenness E. Parker, of Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY for defendants.
Case Number: D69435
The court granted defendants' motion to dismiss this derivative because plaintiffs failed to meet the con-temporaneous ownership requirement, so they lacked standing.
Publication Date: 2021-06-09
Practice Area: Corporate Governance
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Ronald A. Brown, Jr., Stephen D. Dargitz, J. Clayton Athey, Marcus E. Montejo, Samuel L. Closic, Prickett Jones & Elliott, P.A., Wilmington, DE; Carl L. Stine, Adam J. Blander, Wolf Popper LLP, New York, NY; Frank P. DiPrima, Law Office of Frank DiPrima, P.A., Morristown, NJ for plaintiffs. Seth D. Rigrodsky, Gina M. Serra, Rigrodsky Law, P.A., Wilmington, DE; Aaron Brody, Patrick Slyne, Stull, Stull & Brody, New York, NY for plaintiff’s executive committee.
for defendant: Kevin G. Abrams, John M. Seaman, Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Evert J. Christensen, Jr., Seth Goodchild, Matthew S. Connors, Weil, Gotshal & Manges LLP, New York, NY for defendant Brookfield Property Partners. David J. Teklits, Thomas P. Will, Morris, Nich-ols, Arsht & Tunnell LLP, Wilmington, DE for defendants Clark, Flatt and Kingston. Raymond J. DiCamillo, Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; Brian T. Frawley, Y. Carson Zhou, Sullivan & Cromwell LLP, New York, NY for defendant Mathrani. Peter J. Walsh, Jr., Berton W. Ashman, Jr., Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Peter E. Kazanoff, Michael J. Garvey, Sara A. Ricciardi, Eamonn W. Campbell, Simpson Thacher & Bartlett LLP, New York, NY for defendants Fi-ala, Fukakusa, Haley, Hurwitz and Lofgren.
Case Number: D69425
The business judgment standard applied because defendant was not a controlling stockholder and an over-whelming majority of the stockholders approved this merger transaction in an informed and uncoerced vote.
Law Journal Press | Digital Book
Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner
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Publication Date: 2021-05-26
Practice Area: Corporate Governance
Industry: Biotechnology
Court: U.S. District Court of Delaware
Judge: District Judge Bibas
Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Phillip Kim, The Rosen Law Firm, P.A., New York, NY; Matthew M. Houston, Benjamin I. Sachs-Michaels, Glancy Prongay & Murray LLP, New York, NY; Robert V. Prongay, Pavithra Rajesh, Glancy Prongay & Murray LLP, Los Angeles, CA; Timothy Brown, The Brown Law Firm, P.C., Oyster Bay, NY for plaintiffs.
for defendant: Lori W. Will, Ian R. Liston, Lindsay K. Faccenda, Jeremy W. Gagas, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE for defendants.
Case Number: D69407
Shareholder's derivative complaint barred by release in prior class action asserting direct shareholder claims where the release barred all claims that could be asserted by the shareholders, and derivative claims, though belonging to the corporation, were asserted by shareholders.
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.
Publication Date: 2021-03-31
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Philip Trainer, Jr., Marie M. Degnan, Ashby & Geddes, Wilmington, DE; John P. Coffey, Gregory A. Horo-witz, Jeffrey S. Trachtman, Leah S. Friedman, Kramer Levin Naftalis & Frankel LLP, New York, NY for plain-tiff.
for defendant: Daniel A. Mason, Paull, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Allan J. Arffa, Gregory F. Laufer of Paull, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY for defendants.
Case Number: D69348
The court granted summary judgment because a corporate controller did not breach his fiduciary duty by making a business decision regarding how he would vote his shares.
Publication Date: 2021-03-24
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Stark
Attorneys: For plaintiff: Carmella P. Keener, Cooch and Taylor, P.A., Wilmington, DE; Daniel S. Sommers, Joshua Handelsman, Cohen Milstein Sellers & Toll PLLC, Washington, DC; Richard A. Speirs, Amy Miller, Cohen Milstein Sellers & Toll PLLC, New York, NY; Kip B. Shuman, Shuman, Glenn & Stecker, San Francisco, CA; Rusty E. Glenn, Shuman, Glenn & Stecker, Denver, CO; Brett D. Stecker, Shuman, Glenn & Stecker, Ardmore, PA; Ronald A. King, Clark Hill PLC, Lansing, MI for plaintiff.
for defendant: Gregory P. Williams, Raymond J. DiCamillo, Katharine L. Mowery, Richards, Layton & Finger, P.A., Wilmington, DE; Walter C. Carlson, Nilofer Umar, Caroline A. Wong, Sidley Austin LLP, Chicago, IL for defendants.
Case Number: D69335
Derivative claim of breach of loyalty dismissed where demand was not excused as plaintiff failed to show that directors were likely to face liability on underlying claim and therefore could not be disinterested and independent.
Publication Date: 2021-03-17
Practice Area: Corporate Governance
Industry: Consumer Products | Food and Beverage | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Sean J. Bellew, Bellew LLP, Wilmington, DE; Gerard P. Fox, Marina V. Bogorad, Gerard Fox Law P.C., Los Angeles, CA for plaintiffs.
for defendant: Sean A. Meluney, Matthew D. Beebe, Benesch, Friedlander, Coplan & Aronoff LLP, Wilmington, DE; David B. Anthony, Berger Harris LLP, Wilmington, DE; Perry J. Woodward, Hopkins & Carley, A Law Corporation, San Jose, CA for defendants.
Case Number: D69328
Plaintiffs could proceed with breach of contract and implied covenant of good faith and fair dealing claims after alleging company and its officers breached express obligations under operating agreement and failed to act in good faith in selection of independent managers.
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