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Salazar v. Nat'l Basketball Assn.
Publication Date: 2024-10-24
Practice Area: Civil Procedure
Industry: Entertainment and Leisure
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Beth Robinson
Attorneys:
For plaintiff: For Plaintiff-Appellant: Michael L. Murphy, on the brief, Joshua I. Hammack, Bailey & Glasser, LLP, Washington, D.C.
For defendant: For Defendant-Appellee: Hilary L. Preston, Marisa Antonelli, Vinson & Elkins LLP, New York, NY, on the brief, Matthew X. Etchemendy, Vinson & Elkins LLP, Washington, D.C. For Amicus Curiae The Chamber of Commerce of the United States of America, in Support of Defendant-Appellee: Jordan L. Von Bokern, U.S. Chamber Litigation Center, Washington, D.C.; Adam G. Unikowsky, Jenner & Block LLP, Washington, D.C.; Allison N. Douglis, Jenner & Block LLP, New York, NY.
Case number: 23-1147

Plaintiff Is 'Subscriber' of NBA Goods, Services for VPPA Purposes

Appellate Division, Second Department: June 24, 2024
Publication Date: 2024-06-24
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, Second Department, Hand Down List
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Handdown List released on:June 20, 2024

Allen v. Harvey
Publication Date: 2023-11-13
Practice Area: Mergers and Acquisitions
Industry: Energy | Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Joshua Fruchter, Wohl & Fruchter LLP, Monsey, NY for plaintiffs.
For defendant: Tammy L. Mercer, James M. Yoch, Jr., Michael A. Laukaitis II, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Craig Zieminski, Andy Jackson, Jeremy Gonzales, Vinson & Elkins, LLP, Dallas, TX for defendants.
Case number: 2022-0248-MTZ

Court declined to award a substantial success fee to stockholders who obtained supplemental disclosures to merger proxy where the disclosures did not remove an impediment to the stockholders' vote, but the disclosures provided a meaningful corporate benefit by informing stockholders about the transaction committee's affiliations with a controlling stockholder sitting on both sides of the merger transaction.

Rem OA Holdings, LLC v. Northern Gold Holdings, LLC
Publication Date: 2023-10-02
Practice Area: Corporate Entities
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys:
For plaintiff: Thomas W. Briggs, Jr., Alexandra Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Michael C. Holmes, Jeffrey Crough, Thomas Mitsch, Vinson & Elkins LLP, Dallas, TX; Matthew R. Freidenberg, Vinson & Elkins LLP, New York, NY; Scott B. Czerwonka, D. Charles Vavala, III, Wilks Law, LLC, Wilmington, DE for plaintiffs.
For defendant: Martin S. Lessner, Elisabeth S. Bradley, M. Paige Valeski, Young Conaway Stargatt & Taylor LLP, Wilmington, DE for defendant. John D. Hendershot, Matthew W. Murphy, Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE for nominal defendant.
Case number: 2022-0582-LWW

Noting that a contracting party is obligated to read any contract it signs including any documents incorporated by reference, the court denied defendant relief because it could have discovered the challenged loan terms by exercising ordinary care.

Hammann v. Adamis Pharm. Corp.
Publication Date: 2023-09-04
Practice Area: Corporate Governance
Industry: Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Jerald Hammann, plaintiff pro se.
For defendant: Rolin P. Bissell, James M. Yoch, Jr., Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, Robert P. Ritchie, Jeremy R. Gonzalez, Vinson & Elkins L.L.P., Dallas, TX for defendants.
Case number: 2021-0506-PAF

Stockholder's action to invalidate board election was moot where directors had completed their terms and the company had elected a new board.

Arkansas Teacher Ret. Sys. v. Goldman Sachs Group Inc.
Publication Date: 2023-08-23
Practice Area: Class Actions
Industry:
Court: U.S. Court of Appeals for the Second Circuit
Judge: Circuit Judge Richard C. Wesley
Attorneys:
For plaintiff: For Plaintiffs-Appellees: Kevin K. Russell, Goldstein & Russell, P.C., Bethesda, MD; Spencer A. Burkholz, Joseph D. Daley, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Thomas A. Dubbs, James W. Johnson, Michael H. Rogers, Irina Vasilchenko, Labaton Sucharow LLP, New York, NY, on the brief, Thomas C. Goldstein, Goldstein & Russell, P.C., Bethesda, MD. For Defendants-Appellants: Richard H. Klapper, David M.J. Rein, Benjamin R. Walker, Julia A. Malkina, Jacob E. Cohen, Sullivan & Cromwell LLP, New York, NY; Morgan L. Ratner, Sullivan & Cromwell LLP, Washington, D.C., on the brief, Robert J. Giuffra, Jr., Sullivan & Cromwell LLP, New York, NY. For Defendants-Appellants: Audra J. Soloway, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY, on the brief, Kannon K. Shanmugam, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington D.C. For Amicus Curiae Former United States Securities and Exchange Commission Officials and Law Professors in Support of Defendants-Appellants: Todd G. Cosenza, Willkie Farr & Gallagher LLP, New York, NY.
For defendant: For Amicus Curiae Economic Scholars in Support of Defendants-Appellants: Victor L. Hou, Jared Gerber, on the brief, Carmine D. Boccuzzi, Jr., Cleary Gottlieb Steen & Hamilton LLP, New York, NY. For Amicus Curiae Securities Industry and Financial Markets Association, Bank Policy Institute, American Bankers Association, Chamber of Commerce of the United States of America, American Property Casualty Insurance Association in Support of Defendants-Appellants: Craig S. Waldman, Joshua C. Polster, Daniel H. Owsley, Simpson Thacher & Bartlett LLP, New York, NY; Ira D. Hammerman, Kevin Carroll, Securities Industry and Financial Markets Association, Washington, D.C.; Thomas Pinder, American Bankers Association, Washington, D.C.; Gregg Rozansky, Bank Policy Institute, Washington, D.C.; Tyler S. Badgley, U.S. Chamber Litigation Center, Washington, D.C.; Kenneth Stoller, American Property Casualty Insurance Association, Washington, D.C., on the brief, Jonathan K. Youngwood, Simpson Thacher & Bartlett LLP, New York, NY. For Amicus Curiae Society for Corporate Governance in Support of Defendants-Appellants: Jeremy C. Marwell, James T. Dawson, Vinson & Elkins LLP, Washington, D.C.; Darla C. Stuckey, Randi V. Morrison, Society for Corporate Governance, New York, NY, on the brief, Christopher E. Duffy, Vinson & Elkins LLP, New York, NY. For Amicus Curiae Washington Legal Foundation in Support of Defendants-Appellants: George Anhang, Shearman & Sterling LLP, Washington, D.C.; William Marsh, Shearman & Sterling LLP, Dallas, TX; Cory L. Andrews, John M. Masslon II, Washington Legal Foundation, Washington, D.C., on the brief, Lyle Roberts, Shearman & Sterling LLP, Washington, D.C. For Amicus Curiae Financial Economists in Support of Plaintiffs-Appellees: Jeremy Lieberman, Emma Gilmore, Pomerantz LLP, New York, NY; Andrew L. Zivitz, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Stacey M. Kaplan, Kessler Topaz Meltzer & Check, LLP, San Fransisco, CA, on the brief, Ernest A. Young, Apex, NC. For Amicus Curiae Securities Law Scholars in Support of Plaintiffs-Appellees: Linnet R. Davis-Stermitz, Gupta Wessler PLLC, Washington, D.C.; Salvatore J. Graziano, Jai K. Chandrasekhar, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Joseph E. White, III, Saxena White P.A., Boca Raton, FL, on the brief, Deepak Gupta, Gupta Wessler PLLC, Washington, D.C. For Amicus Curiae Better Markets, Inc. in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C. For Amicus Curiae Former SEC Officials in Support of Plaintiffs-Appellees: John Paul Schnapper-Casteras, Schnapper-Casteras PLLC, Washington, D.C.; Daniel P. Chiplock, Lieff Cabraser Heimann & Bernstein, LLP, New York, NY, on the brief, Carolyn E. Shapiro, Schnapper-Casteras PLLC, Washington, D.C.
Case number: 22-484

Misrepresentations Did Not Impact Stock Price; Shareholder Class Decertified

Trump v. Trump
Publication Date: 2023-05-09
Practice Area: Constitutional Law
Industry:
Court: Supreme Court, New York
Judge: Justice Robert R. Reed
Attorneys:
For plaintiff: Attorneys for the Plaintiff Donald J. Trump: Michael T. Madaio, Habba Madaio & Associates LLP, Alina Habba, Habba Madaio & Associates LLP.
For defendant: Attorneys for the Defendant The New York Times Company: David E. McCraw, NYT Company, Demetri Blaisdell, NYT Company. Attorneys for the Defendant David Barstow: Chris Duffy, Vinson & Elkins. Thomas S. Leatherbury, Thomas S. Leatherbury Law, PLLC.
Case number: 453299/2021

Trump Fails in Case Against Paper, Reporters Over Article; Must Pay Attorneys' Fees

Klevenhagen v. Hilburn
Publication Date: 2022-11-28
Practice Area: Civil Appeals | Legal Malpractice | Medical Malpractice
Industry:
Court: Court of Appeals
Judge: Justice Christopher
Attorneys:
For plaintiff:
For defendant:
Case number: 14-21-00042-CV

Shannon McCoy was thirty-seven weeks pregnant when she went to the hospital with severe abdominal pain.

Hooten v. Yeager
Publication Date: 2022-10-10
Practice Area: Civil Appeals | Civil Procedure | Trusts and Estates
Industry:
Court: Court of Appeals
Judge: Justice Stevens
Attorneys:
For plaintiff:
For defendant:
Case number: 06-22-00036-CV

Garth Yeager, Sr., executed a will leaving his surviving spouse a life estate in five parcels of land and his children the remainder in equal shares.

The Williams Cos., Inc. v. Energy Transfer LP
Publication Date: 2022-09-06
Practice Area: Mergers and Acquisitions
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Kenneth J. Nachbar, Susan W. Waesco, Matthew R. Clark, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Antony L. Ryan, Kevin J. Orsini, Michael P. Addis, David H. Korn, Cravath, Swaine & Moore LLP, New York, NY for plaintiff.
For defendant: Rolin P. Bissell, James M. Yoch, Jr., Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, John C. Wander, Craig E. Zieminski, Andy E. Jackson, Vinson & Elkins LLP, Dallas, TX for defendants.
Case number: D69942

Shifting of contingency fee in litigation to recover breakup fee in merger agreement was reasonable where agreement only limited shifted fees to be "reasonable" and contingency fee percentage and supporting lodestar figures were reasonable under the circumstances of the case.

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