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July 19, 2024 | The American Lawyer

Cooley Team Exits To Akin

The senior three-partner team is led by the London managing partner from Cooley.
2 minute read
July 19, 2024 | Law.com

Cooley London Head Leads Team Exit To Akin

The three-partner team is headed up by Justin Stock, the London managing partner of the Palo Alto-headquarted firm.
2 minute read
July 18, 2024 | Corporate Counsel

Companies Deluged With Anti-ESG Shareholder Proposals

Some firms are receiving pro-ESG and anti-ESG proposals on the same issue, underscoring how challenging topics such as diversity and climate change have become for corporate America.
5 minute read
Sciannella v. AstraZeneca UK Ltd.
Publication Date: 2024-07-16
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Kimberly A. Evans, Lindsay K. Faccenda, Irene R. Lax, Robert Erikson, Block & Leviton LLP, Wilmington, DE; Christopher H. Lyons, Tayler D. Bolton, Robbins Geller Rudman & Dowd LLP, Wilmington, DE; Randall J. Baron, David A. Knotts, Teo A. Doremus, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Brett M. Middleton, Johnson Fistel, LLP, San Diego, CA for plaintiff.
For defendant: Kevin M. Gallagher, Nicole M. Henry, Richards, Layton & Finger, P.A., Wilmington, DE; John F. Sylvia, Kerime S. Akoglu, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA; Daniel M. Silver, Benjamin A. Smyth, Sarah E. Delia, Alexandra M. Joyce, McCarter & English, LLP, Wilmington, DE; Meredith Kotler, Mary Eaton, Nicholas A. Caselli, Freshfields Bruckhaus Deringer US LLP, New York, NY for defendants.
Case number: 2023-0125-PAF

Fiduciary claims against purported controlling stockholder dismissed where plaintiff failed to plead facts demonstrating that stockholder qualified as a controller of the company or exercised transaction-specific control during proposed sale of company via tender offer.

July 15, 2024 | The American Lawyer

Deal Watch: Private Equity-Backed Deals Headline Week

Amid the rise in PE deal activity, Rob Kindler, the global chair of the M&A group at Paul Weiss, said that he has seen market adjustments firsthand.
5 minute read
July 12, 2024 | Law.com

The Ambassador: Legal Luminary Charles Martin on Joining Paris Powerhouse Darrois

The former Macfarlanes senior partner is now senior adviser to the elite French firm, using his London connections and expertise to help it navigate the U.K. and global markets.
6 minute read
July 11, 2024 | Law.com

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture."
3 minute read
July 11, 2024 | The American Lawyer

Clifford Chance Adapts Associate Bonus System in US-Style Shift

The move is being viewed as a means to better compensate more hours billed in times of high demand, but without "actively encouraging a drive to a high billable culture".
3 minute read
July 10, 2024 | Law.com

US Court Postpones Citgo Bid Hearing Until September as Venezuela Gets Close to Losing Oil Refiner

Companies owed more than $21 billion have sought the sale of Venezuela's U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. The case has charted new legal territory for enforcement of international arbitration awards, while also penetrating the walls of sovereign and corporate immunity.
3 minute read
July 10, 2024 | Delaware Business Court Insider

Delaware Court Postpones Citgo Bid Hearing Until September as Venezuela Gets Close to Losing Oil Refiner

Companies owed more than $21 billion have sought the sale of Venezuela's U.S. refining unit, Citgo, to satisfy unpaid arbitration claims. The case has charted new legal territory for enforcement of international arbitration awards, while also penetrating the walls of sovereign and corporate immunity.
3 minute read

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