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October 30, 2019 | New York Law Journal

The 2019 Proxy Season Hints at New Challenges

The slight but noticeable growth of the nascent movement against the use of environmental, social, and political factors in corporate decision-making is an early warning signal to CEOs and directors that a challenge in coming years will be to manage divisive political issues without alienating large groups of stakeholders. In their Corporate Governance column, David A. Katz and Laura A. McIntosh write that this is likely to be an increasingly difficult task.
7 minute read
October 15, 2019 | New York Law Journal

Rising Stars

The New York Law Journal's Rising Star awards recognize the region's most promising lawyers under 40.
2 minute read
October 15, 2019 | New York Law Journal

Rising Star: Emily Johnson

Partner, Wachtell, Lipton, Rosen & Katz
2 minute read
October 15, 2019 | New Jersey Law Journal

SCOTUS Review Urged On Judge Selection Process Amid Circuit Split

"The circuit split also leaves an intolerable cloud of uncertainty for Delaware and other states that rely on political balance in their judicial selection processes, including fifteen other states that use political balancing in forming their judicial nominating commissions," former governors contend in a brief.
5 minute read
October 11, 2019 | New York Law Journal

Wachtell Beats CVR's Attempts to Resuscitate Malpractice Suit, Shifting Focus to Countersuit

An attorney for CVR has vowed an appeal, while litigation between Wachtell and CVR continues in New York state court. The law firm has accused Carl Icahn-controlled CVR and its lawyers of misusing confidential documents.
3 minute read
October 10, 2019 | National Law Journal

Don't Upend Delaware's Judge Selection Process, Ex-Chief Justices Tell SCOTUS

Two former Delaware state chief justices, represented by Sidley Austin's Virginia Seitz, are urging the U.S. Supreme Court to review a Third Circuit decision that critics contend could upend how Delaware's governor makes court appointments.
5 minute read
October 10, 2019 | Delaware Business Court Insider

Ex-Chief Justices Urge SCOTUS Not to Upend Delaware's Judge Selection Process

Two former Delaware state chief justices, represented by Sidley Austin's Virginia Seitz, are urging the U.S. Supreme Court to review a Third Circuit decision that critics contend could upend how Delaware's governor makes court appointments.
5 minute read
October 10, 2019 | National Law Journal

16 Conservative Lawyers Say They Support 'Expeditious' Impeachment Inquiry

"We believe the acts revealed publicly over the past several weeks are fundamentally incompatible with the president's oath of office," the new Checks & Balances statement, signed by prominent Big Law attorneys and legal academics, said.
4 minute read
Tornetta v. Musk
Publication Date: 2019-10-09
Practice Area: Corporate Governance
Industry: Automotive
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys:
For plaintiff: Peter B. Andrews, Craig J. Springer and David Sborz, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman, Spen-cer Oster and David F.E. Tejtel, Friedman Oster & Tejtel PLLC, New York, NY for plaintiff.
For defendant: David E. Ross, Garrett B. Moritz and Benjamin Z. Grossberg, Ross Aronstam & Moritz LLP, Wilmington, DE; William Savitt, Anitha Reddy and Noah B. Uavitz, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants and nominal defendant.
Case number: D68733

An executive compensation decision was subject to review under the entire fairness standard, because the beneficiary was a controlling shareholder.

October 04, 2019 | The American Lawyer

Deal Watch: Wachtell, Kirkland Lead the Way as M&A Continues Slow Roll Into Q3

Global M&A felt a drop in the third quarter. Plus, a roundup of the week's top deals and the firms that landed them.
7 minute read

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