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Wei v. Zoox, Inc.
Publication Date: 2022-02-15
Practice Area: Discovery
Industry: Technology Media and Telecom | Transportation
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys:
For plaintiff: Joel Friedlander, Jeffrey M. Gorris, David Hahn, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, Nashville, TN for petitioners.
For defendant: David J. Teklits, Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; William D. Savitt, Anitha Reddy, Wachtell, Lipton, Rosen & Katz, New York, NY for respondent.
Case number: D69714

The court held that appraisal petitioners should not be allowed to obtain full discovery in this appraisal proceeding because it was commenced for the purpose of conducting pre-suit investigation for evidence of breach of fiduciary duty.

February 07, 2022 | The American Lawyer

Deal Watch: Last Month Saw More Deal Value Than Last January

While the last week saw a tumble in tech stocks, deal value in the tech sector continued to grow in January.
6 minute read
February 02, 2022 | Delaware Business Court Insider

Appraisal Discovery Isn't Sweeping Substitute for Section 220 Demand, Chancellor Rules

"Turning appraisal into a type of pre-suit investigation would be an additional step," Chencellor Kathaleen McCormick wrote.
4 minute read
February 02, 2022 | Delaware Law Weekly

Chancellor: Appraisal Discovery Isn't Sweeping Substitute for Section 220 Demand

"Turning appraisal into a type of pre-suit investigation would be an additional step," Chencellor Kathaleen McCormick wrote.
4 minute read
January 31, 2022 | The American Lawyer

Deal Watch: Citrix Goes Private for $16.5B, but Lethargic Start to Transactions in 2022 Continues

The buy of Citrix by Evergreen and Vista is a big shot for private equity, but the slow start continues for deal work.
7 minute read
Law Journal Press | Digital Book State Antitrust Law Authors: William T. Lifland View this Book

View more book results for the query "Wachtell, Lipton, Rosen "

January 26, 2022 | New York Law Journal

The SEC Takes Aim at the Public-Private Disclosure Gap

The SEC appears likely to embark upon a rulemaking process that would require ESG—or, more accurately, EESG (Employee, Environmental, Social and Governance)—disclosures from large private companies.
9 minute read
January 21, 2022 | Corporate Counsel

Fanatics Snags Perelman Lawyer Following Acquisition of Topps Trading Cards Business

Fanatics' CFO said Shiri Ben-Yishai's dealmaking experience is one of her many strengths.
2 minute read
January 18, 2022 | The American Lawyer

Deal Watch: Simpson, Skadden Usher in Microsoft's $68.7B Buy of Activision Blizzard

The deal is the largest takeover in Microsoft's history and signals a bet on the metaverse for Microsoft Gaming.
10 minute read
January 14, 2022 | New York Law Journal

The State of New York Business Law

Thomas M. Pitegoff, Vice Chair of the NYSBA Business Law Section, writes: At the New York State Bar Association's 2022 Annual Meeting, the association's Business Law Section will assess where New York stands in the competition among states for business.
4 minute read
January 13, 2022 | New York Law Journal

Wall Street Law Firms Join Corporate Leaders in Antitrust Bill Opposition

Leaders from Wachtell, Cravath, Paul Weiss and Davis Polk and many others signed the letter asking New York state officials to reject legislation that aims to expand the state's antitrust powers.
3 minute read

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