A Three-Week Batch of Litigators of the Week Runners-Up and Shout Outs
The Delaware Court of Chancery late last month ordered Energy Transfer LP to pay Cravath's client The Williams Companies a $410 million termination fee stemming from the companies' scuttled merger.
January 07, 2022 at 07:25 AM
9 minute read
Our first runners-up this week are a team at Cravath, Swaine & Moore. Following a six-day trial last May, Vice Chancellor Sam Glasscock III of the Delaware Court of Chancery late last month ordered Energy Transfer LP to pay Cravath's client The Williams Companies a $410 million termination fee, plus interest, reasonable attorneys' fees and expenses, stemming from their scuttled merger which Energy Transfer walked away from in 2016. "Having called a dirge for the Merger, ETE must pay the piper," Glasscock wrote. The Cravath team was led by partners Antony Ryan, Kevin Orsini, Michael Addis and David Korn.
Runners-up honors also go to Heidi Keefe, Phillip Morton, Mark Weinstein, Elizabeth Stameshkin and Cameron Vanderwall of Cooley who got an impressive patent win for longtime firm client Facebook, or Meta Platforms Inc. as it is now known. A week before a scheduled jury trial last month, U.S. District Judge Alan Albright in Waco, Texas, granted Meta summary judgment in a case brought by USC IP Partnership L.P. related to a patent for determining a website users' intent for visiting a site and using it to suggest webpages for them. The Dec. 20 ruling marked the first time Albright granted a motion invalidating a patent on Section 101 patentability grounds.
Staying on the Meta front, Orin Snyder and Brian Lutz and their team at Gibson, Dunn & Crutcher take home runners-up honors for securing dismissal with prejudice of a securities class action tied to major stock price drops in the wake of Facebook's Cambridge Analytica crisis. U.S. District Judge Edward Davila in San Jose, California, last month found that plaintiffs failed to sufficiently allege Facebook's senior officers knew that Cambridge Analytica had lied to Facebook about keeping misappropriated data and using it in connection with the 2016 U.S. presidential campaign. The Gibson Dunn team also included Paul Collins, Colin Davis, Michael Kahn, Matthew Reagan, Azadeh Morrison, Brian Yang, Katy Baker and Raena Ferrer Calubaquib.
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Law Firms Mentioned
- Schulte Roth & Zabel LLP
- Cooley
- Quinn Emanuel Urquhart & Sullivan
- Morgan, Lewis & Bockius
- Gibson, Dunn & Crutcher
- Wilson Sonsini Goodrich & Rosati
- Akin Gump Strauss Hauer & Feld
- Simpson Thacher & Bartlett
- Wilmer Cutler Pickering Hale and Dorr LLP
- Bracewell
- Cravath, Swaine & Moore
- Latham & Watkins
- Winston & Strawn LLP
- Covington & Burling
- Stites & Harbison
- Dechert
- Skadden, Arps, Slate, Meagher & Flom LLP
- Kirkland & Ellis
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Who Got The Work
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.
Who Got The Work
Edmund Polubinski and Marie Killmond of Davis Polk & Wardwell have entered appearances for data platform software development company MongoDB and other defendants in a pending shareholder derivative lawsuit. The action, filed Oct. 7 in New York Southern District Court by the Brown Law Firm, accuses the company's directors and/or officers of falsely expressing confidence in the company’s restructuring of its sales incentive plan and downplaying the severity of decreases in its upfront commitments. The case is 1:24-cv-07594, Roy v. Ittycheria et al.
Who Got The Work
Amy O. Bruchs and Kurt F. Ellison of Michael Best & Friedrich have entered appearances for Epic Systems Corp. in a pending employment discrimination lawsuit. The suit was filed Sept. 7 in Wisconsin Western District Court by Levine Eisberner LLC and Siri & Glimstad on behalf of a project manager who claims that he was wrongfully terminated after applying for a religious exemption to the defendant's COVID-19 vaccine mandate. The case, assigned to U.S. Magistrate Judge Anita Marie Boor, is 3:24-cv-00630, Secker, Nathan v. Epic Systems Corporation.
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Who Got The Work
Greenberg Traurig shareholder Joshua L. Raskin has entered an appearance for boohoo.com UK Ltd. in a pending patent infringement lawsuit. The suit, filed Sept. 3 in Texas Eastern District Court by Rozier Hardt McDonough on behalf of Alto Dynamics, asserts five patents related to an online shopping platform. The case, assigned to U.S. District Judge Rodney Gilstrap, is 2:24-cv-00719, Alto Dynamics, LLC v. boohoo.com UK Limited.
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