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Stein v. Blankfein
Publication Date: 2024-03-11
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Brian E. Farnan, Michael J. Farnan, Rosemary J. Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon, Michael A. Toomey, Barrack, Rodos & Bacine, New York, NY for plaintiff.
For defendant: Kevin M. Gallagher, Robert L. Burns, Richards, Layton & Finger, P.A. Wilmington, DE; Kevin G. Abrams, Peter Shindel Jr., Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Giuffra, Jr., David M.J. Rein, Sullivan & Cromwell LLP, New York, NY for defendants.
Case number: 2017-0354-SG

Law of the case precluded settlement objector's challenge to the adequacy of consideration where revised settlement merely deleted provisions improperly releasing future claims and the court had previously found the retained provisions fair and beneficial to the corporation and its stockholders.

Griffith v. Stein
Publication Date: 2022-09-06
Practice Area: Deals and Transactions
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Anthony A. Rickey, Margrave Law LLC, Wilmington, DE; Raffi Melkonian, Wright Close & Bargar, LLP, Houston, TX for appellant.
For defendant: Brian Farnan, Michael Farnan, Rosemary Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon, Michael A. Toomey, Barrack, Rodos & Bacine, New York, NY; Kevin G. Abrams, J. Peter Shindel, Jr., Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Giuggra, Jr., David M.J. Rein, Sullivan & Cromwell LLP, New York, NY; Kevin M. Gallagher, Richards, Layton & Finger, P.A., Wilmington, DE for appellees.
Case number: D69949

Court reversed the chancery court's decision approving a litigation settlement which included forward-looking statements that bound absent interested parties from bringing claims in the future, in violation of the Due Process Clause.

Stein v. Blankfein
Publication Date: 2019-06-12
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Bruce E. Farnan, Michael J. Farnan and Rosemary J. Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon and Mi-chael A. Toomey, Barrack, Rodos & Bacine, New York, NY for plaintiff.
For defendant: Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Guiffra, Jr. and David M.J. Rein, Sullivan & Cromwell LLP, New York, NY for director defendants. Gregory V. Varallo, Kevin M. Gallagher and Robert L. Burns, Richards, Layton & Finger, P.A., Wilmington, DE for The Goldman Sachs Group, Inc.
Case number: D68597

The entire fairness standard of review applied to the question of director self-compensation.

SCF Consulting, LLC v. Barrack, Rodos & Bacine
Publication Date: 2018-01-23
Practice Area: Contracts | Fee Disputes
Industry: Investments and Investment Advisory | Legal Services
Court: Supreme Court
Judge: Justice Saylor
Attorneys:
For plaintiff:
For defendant:
Case number: 18-0073

Superior court erred in upholding the lower courts decision on the unenforceability of appellant non-attorneys fee splitting agreement with appellee attorneys because the action was not per se barred by the violation of rule 5.4 of the rules of professional responsibility since the conduct rules ought not be interposed into substantive law. Reversed.

City of Birmingham Ret. And Relief Sys. v. Good
Publication Date: 2018-01-03
Practice Area: Corporate Entities | Corporate Governance
Industry: Energy | State and Local Government
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Martin S. Lessner, Kathaleen St. J. McCormick, Nicholas J. Rohrer, and Meryem Y. Dede, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Robert A. Hoffman, Jeffrey W. Golan, and Julie B. Palley, Barrack, Rodos & Bacine, Philadelphia, PA; Felipe J. Arroyo, Shane P. Sanders, and Gina Stassi, Robbins Arroyo LLP, San Diego, CA; Judith S. Scolnick, Donald. A. Broggi, and Thomas. L. Laughlin, Scott+Scott, Attorneys at Law, LLP, New York, NY; Peter B. Andrews and Craig J. Springer, Andrews & Springer LLC, Wilmington, DE; Alfred G. Yates, Law Offices of Alfred G.Yats, Jr., Pittsburgh, PA, attorneys for appellants
For defendant: Kenneth J. Nachbar, Susan W. Waesco, and Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jack B. Jacobs, Sidley Austin LLP, Wilmington, DE; Steven M. Bierman, Andrew W. Stern, and Elizabeth A. Espinosa, Sidley Austin LLP, New York, NY, attorneys for appellees.
Case number: D67990

Derivative complaint properly dismissed for failure to make litigation demand where stockholders allegations only established exculpated claim for directors bad faith, rather than personal liability for companys environmental violations.

Pennsylvania Public School Employees' Retirement System v. Bank of America, 11cv733
Publication Date: 2017-01-06
Practice Area:
Industry: Financial Services and Banking
Court: U.S. District Court, Southern District
Judge: District Judge William Pauley
Attorneys:
For plaintiff:
For defendant:
Case number: 11cv733 (WHP)

Cite as: PA School Reti v. BOA, 11cv733, NYLJ 1202776020181, at *1 (SDNY, Decided December 27, 2016)CASE NAMEPennsylvania Public School Employees' Reti

Asbestos Workers Philadelphia Pension Fund v. Bell, 652020/13
Publication Date: 2016-04-06
Practice Area:
Industry:
Court: Appellate Division, First Department
Judge: Before: Friedman, J.P., Andrias, Gische, Kapnick, JJ.
Attorneys:
For plaintiff: For Appellant: Alexander Arnold Gershon of counsel, Barrack, Rodos, & Bacine, New York.
For defendant: For James A. Bell, Crandall C. Bowles, Stephen B. Burke, David M. Cote, James S. Crown, Ellen V. Futter, Laban P. Jackson, Jr., David C. Novak, Lee R. Raymond, and William C. Weldon, Respondents: Stuart J. Baskin of counsel, Shearman & Sterling LLP, New York. For James Dimon, Michael J. Cavanagh, Ina R. Drew and JPMorgan Chase & Company, Respondents: Gary W. Kubek of counsel, Debevoise & Plimpton LLP, New York.
Case number: 652020/13

Cite as: Pension Fund v. Bell, 652020/13, NYLJ 1202754109042, at *1 (App. Div., 1st, Decided March 31, 2016)CASE NAMEAsbestos Workers Philadelphia Pension Fund

Shaev v. Adkerson, DeFAX Case No. D66716 (Del. Ch. Oct. 5, 2015) Noble, V.C. (34 pages).
Publication Date: 2015-11-05
Practice Area:
Industry:
Court: Delaware Court of Chancery
Judge:
Attorneys:
For plaintiff:
For defendant:
Case number: D66716

Barrack, Rodos Bacine v. Ballon Stoll Bader Nadler PC, 08 Civ. 02152
Publication Date: 2008-03-26
Practice Area: Attorneys Fees
Industry:
Court: U.S. District Court for the Southern District
Judge: Peter Leisure
Attorneys:
For plaintiff:
For defendant:
Case number: 08 Civ. 02152

District Judge Peter K. Leisure U.S. DISTRICT COURT SOUTHERN DISTRICT OF NEW YORK William J. Ban, Esq. Daniel E. Bacine, Esq. Barrack, Rodos & Ba

Greenlight Capital, L.P., et al., Plaintiffs v. Apple, Inc., Defendant, 13 Civ. 976
Publication Date: 2013-03-05
Practice Area: Business Law
Industry:
Court: U.S. District Court, Southern District
Judge: District Judge Richard Sullivan
Attorneys:
For plaintiff: Greenlight is represented by: Ashley F Waters, Christopher Michael Egjeson, Michael A. Asaro, and Mitchell P. Hurley, Esqs., of Akin Gump Strauss Liauer & Feld, New York, NY.
For defendant: Gralnick is represented by: A. Arnold Gershon, Michael Arthur Toomey, and William J. Ban, Esqs., of Barrack, Rodos & Bacine, New York, NY., as Well as Jeffrey Alan Barrack, Esq., of Barrack, Rodos & Bacine, Philadelphia, Pennsylvania. Apple is represented by: Andrew Jay Frackman and Abby Faith Rudzin, Esqs., of O'melveny & Myers LLP, New York, NY.
Case number: 13 Civ. 976

Cite as: Greenlight Capital, L.P. v. Apple, Inc., 13 Civ. 976, NYLJ 1202590550081, at *1 (SDNY, Decided February 22, 2013)District Judge Richard Sull

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