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September 15, 2021 | Corporate Counsel

Dial-Up Engagement Strategies in a Social Media Era Need an Upgrade        

If your board is not challenging assumptions and engaging with new concepts that are changing our society then your directors may not be prepared for the level of engagement needed in today's era of hyper-accountability.
8 minute read
September 13, 2021 | The American Lawyer

Deal Watch: 12 Billion-Plus Deals Makes for an Unremarkable Week in 2021

In a year where records fall on a monthly basis, a week with 12 big deals seems almost par for the course.
10 minute read
In Re Zimmer Biomet Holdings Inc. Derivative Litig.
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.

September 07, 2021 | The American Lawyer

Deal Watch: Big Deals Slide, Despite Record August, Record Year-to-Date

Records continue to fall in 2021, but some signs that the bullish market is slowing.
9 minute read
September 02, 2021 | Law.com

Who Got the Work?℠ Fighting a Consumer Suit vs. Coke, Helping Allbirds Go Public, Defending Dollar Tree and More

Here's your weekly round-up of the law firms and lawyers around the country being tapped to handle key cases and close major deals for their clients.
1 minute read
August 27, 2021 | The Legal Intelligencer

Morgan Lewis, Reed Smith Among Big Law Firms Standing Up for SPACs Against Shareholder Lawsuit

Most of the top transactional firms have made hay with SPACs over the past 18 months, and a lawsuit filed against a major one has dozens of firms weighing in.
4 minute read
August 27, 2021 | The American Lawyer

Big Law Stands Up for SPACs as 49 Firms Sign On Against Shareholder Lawsuit

Most of the top transactional firms have made hay with SPACs over the past 18 months, and a lawsuit filed against a major one has dozens of firms weighing in.
4 minute read
August 23, 2021 | The Recorder

Deal Watch: European Deals and a Celebrity-Backed SPAC Merger

California-based fintech company Aspiration Partners Inc., backed by actors Robert Downey Jr. and Leonardo DiCaprio, is going public through a SPAC merger.
10 minute read
August 23, 2021 | The American Lawyer

Deal Watch: European Deals Take Center Stage

Several billion-dollar deals involving European buyers and targets led the way in another strong week in dealmaking.
10 minute read
August 18, 2021 | Daily Business Review

Florida Telecommunications Company Syniverse Going Public After SPAC Merger

This deal was surfaced by Law.com Radar. Read about it here.
1 minute read

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