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May 25, 2023 | Delaware Business Court Insider

AMC Shareholders Seek Active Pro Se Role in Settlement Proceedings

More than 100 letters have been sent to the court by AMC shareholders, most critical of the class representation. That's an unusual level of intervention from shareholders, court-watchers said.
4 minute read
April 28, 2023 | Delaware Business Court Insider

One Down, Five to Go: Election Fraud Claim Litigation Isn't Over with Dominion-Fox Settlement

There are five cases still open in Delaware that involve Dominion, Smartmatic, Fox or Newsmax, plus another two underway in New York, all related either directly to statements made on air about the legitimacy of the 2020 presidential election or to the litigation that followed those statements.
7 minute read
April 25, 2023 | Delaware Law Weekly

Special Master Appointed as Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 25, 2023 | Delaware Business Court Insider

Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 04, 2023 | Delaware Law Weekly

Young Conaway Partner to Speak at Delaware Law Update

Young Conaway Stargatt & Taylor corporate litigation and counseling partner Rolin P. Bissell is scheduled to be participating in the Delaware Law Update as part of the 2023 Weinberg Distinguished Speaker Series.
1 minute read
Law Journal Press | Digital Book Florida Construction Defect Litigation 2022 Authors: Gary L. Brown View this Book

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Lebanon County Employees' Ret. Fund v. Collis
Publication Date: 2023-04-04
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Samuel L. Closic, Eric J. Juray, Robert B. Lackey, Prickett, Jones & Elliott, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Lee D. Rudy, Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeroen van Kwawegen, Eric J. Riedel, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Daniel B. Rehns, Kurt Hunciker, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Brian J. Robbins, Craig W. Smith, Robbins LLP, San Diego, CA for plaintiffs.
For defendant: Stephen C. Norman, Jennifer C. Wasson, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael S. Doluisio, Carla Graff, Dechert LLP, Philadelphia, PA; Matthew L. Larrabee, Hayoung Park, Dechert LLP, New York, New York; Michael D. Blanchard, Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants.
Case number: 2021-1118-JTL

Court denied relief from dismissal of action, after a state court found defendant directors and officers had not violated the law, where newly-filed DOJ complaint against the company remained unsubstantiated and did not contain allegations against defendants specifically.

March 29, 2023 | Delaware Business Court Insider

Shareholders Argue Chancery Decision Gave Tesla a License for Self-Interested Deals

Lawyers for the automaker argued that the shareholders' complaints, including the lack of an independent committee to steer negotiations, couldn't be examined in isolation.
3 minute read
March 29, 2023 | The Recorder

Shareholders Argue Chancery Decision Gave Tesla a License for Self-Interested Deals

Lawyers for the automaker argued that the shareholders' complaints, including the lack of an independent committee to steer negotiations, couldn't be examined in isolation.
3 minute read
February 16, 2023 | Delaware Law Weekly

Meta Seeks to Toss Shareholder Claim It Failed to Protect Users' Data Privacy

Meta's Gibson Dunn lawyers said its board had the independence to investigate the matter--which stems from the Cambridge Analytica breach--so shareholders failed to show demand futility.
3 minute read
February 16, 2023 | Delaware Business Court Insider

Meta Asks Chancery Court to Toss Claim It Failed to Protect Users' Data Privacy

Meta's Gibson Dunn lawyers said its board had the independence to investigate the matter--which stems from the Cambridge Analytica breach--so shareholders failed to show demand futility.
3 minute read

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