Petroleos de Venezuela S.A. v. MUFG Union Bank N.A.
Publication Date: 2024-07-16Practice Area:Creditors' and Debtors' Rights
Industry:Court: U.S. Court of Appeals for the Second CircuitJudge: Per Curiam Attorneys:For plaintiff: For Plaintiffs-Counter-Defendants-Appellants: Michael J. Gottlieb, Kristin E. Bender, Willkie Farr & Gallagher LLP, Washington, D.C.; Nicholas Reddick, Willkie Farr & Gallagher LLP, San Francisco, CA; Jeffrey B. Korn, Willkie Farr & Gallagher LLP, New York, NY; Kurt W. Hansson & James Ferguson, Paul Hastings LLP, New York, NY; Igor V. Timofeyev, Paul Hastings LLP, Washington, D.C.For defendant: For Defendants-Counter-Claimants-Appellees: Jonathan H. Hurwitz, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Roberto J. Gonzalez, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Washington, D.C.; Matthew S. Salerno, Latham & Watkins LLP, New York, NY.
For Amicus Curiae the Bolivarian Republic of Venezuela: Donald B. Verrilli, Jr., Elaine J. Goldenberg Munger, Tolles & Olson LLP, Washington, D.C.; George M. Garvey, Munger, Tolles & Olson LLP, Los Angeles, CA.
For Amici Curiae David Landau, Nelson Camilo Sanchez Leon, Mila Versteeg, and Diego Zambrano: Douglass Mitchell, Previn Warren, Jenner & Block LLP, Washington, D.C.Case number: 20-3858
Venezuelan Law Governs Validity of Notes, Indenture, Agreement Governing Debt Issue
Appellate Division, First Department: April 8, 2024
Publication Date: 2024-04-08Practice Area:Civil Appeals |
Criminal Appeals
Industry:Court: Appellate Division, First Department, Appeals & MotionsJudge: Unsigned Attorneys:For plaintiff: For defendant: Case number: DOCKET
Appeals & Motions List released on:April 4, 2024
In re: Ursa Operating Co., LLC
Publication Date: 2024-02-05Practice Area:Bankruptcy
Industry:Energy
Court: U.S. Court of Appeals for the Third CircuitJudge: Judge PorterAttorneys:For plaintiff: George A. Barton, Barton and Burrows, LLC, Mission, KS for appellants.For defendant: Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; Robert S. Velevis, Sidley Austin LLP, Dallas, TX; Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Taylor, Wilmington, DE; Ana Alfonso, Willkie Farr & Gallagher, New York, NY; John H. Knight, Amanda R. Steele, Richards Layton & Finger, Wilmington, DE for appellees.Case number: 22-1729
Lower courts erroneously dismissed adversary complaint of property owners to recover improperly withheld oil and gas royalties where property owners, not extractor, had an equitable interest in the funds, and thus a constructive trust was an appropriate mechanism for relief.
Goldstein v. Denner
Publication Date: 2024-02-05Practice Area:Corporate Governance
Industry:Investments and Investment Advisory
Court: Court of ChanceryJudge: Vice Chancellor LasterAttorneys:For plaintiff: Kevin H. Davenport, John G. Day, Jason W. Rigby, Prickett, Jones & Elliot P.A., Wilmington, DE; R. Bruce McNew, Cooch & Taylor P.A., Wilmington, DE; Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, Wilmington; DE; Randall J. Baron, Rick T. Atwood, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Brett Middleton, Johnson Fistel, LLP, New York, NY for plaintiff.For defendant: Stephen E. Jenkins, Richard D. Heins, Ashby & Geddes, P.A., Wilmington, DE; Tariq Mundiya, Sameer Advani, Richard Li, M. Annie Houghton-Larsen, Willkie Farr & Gallagher LLP, New York, NY for defendants.Case number: 2020-1061-JTL
Court imposed sanctions in the form of a factual presumption on a key issue, which defendants could only rebut with clear and convincing evidence, after defendants admittedly took no action to preserve electronically stored information in response to litigation hold notices.
Appellate Division, First Department: February 1, 2023
Publication Date: 2024-02-01Practice Area:Civil Appeals |
Criminal Appeals
Industry:Court: Appellate Division, Second Department, Appeals & Motions ListJudge: Unsigned Attorneys:For plaintiff: For defendant: Case number: DOCKET
Appeals & Motions List released on:January 30, 2024
City of Hialeah Employees' Ret. Sys. v. Insight Venture Partners, LLC
Publication Date: 2024-01-08Practice Area:Mergers and Acquisitions
Industry: Financial Services and Banking |
Investments and Investment Advisory |
Technology Media and Telecom
Court: Court of ChanceryJudge: Vice Chancellor ZurnAttorneys:For plaintiff: Thomas Curry, Tayler D. Bolton, Saxena White P.A., Wilmington, DE; David Wales, Saxena White P.A., White Plains, NY; Adam Warden, Saxena White P.A., Boca Raton, FL; Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Jackson E. Warren, Jacob D. Jeifa, Wilmington, DE, Andrews & Springer LLC for plaintiff.For defendant: Garrett B. Moritz, S. Reiko Rogozen, Ross Aronstam & Moritz LLP, Wilmington, DE; Steven M. Farina, George A. Borden, Brian T. Gilmore, Williams & Connolly LLP, Washington, DC; William M. Lafferty, Ryan D. Stottmann, Rachel R. Tunney, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Tariq Mundiya, Jeffrey B. Korn, Richard Li, Ciara A. Sisco, Willkie Farr & Gallagher LLP, New York, NY for defendants.Case number: 2022-0846-MTZ
Plaintiff failed to plead demand futility for derivative complaint where controller's ability to remove board members by itself could not establish a lack of independence and a majority of the board's financial ties did not prevent them from exercising independent judgment.
In re: Ursa Operating Co., LLC
Publication Date: 2023-12-18Practice Area:Bankruptcy
Industry:Energy |
Mining and Resources
Court: U.S. Court of Appeals for the Third CircuitJudge: Judge PorterAttorneys:For plaintiff: George A. Barton, Barton and Burrows LLC, Mission, KS for appellants.For defendant: Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; Robert S. Velevis, Sidley Austin LLP, Dallas, TX; Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Taylor LLP. Wilmington, Delaware; Ana Alfonso, Willkie Farr & Gallagher LLP, New York, NY; John H. Knight, Amanda R. Steele, Richards Layton & Finger, Wilmington, DE for appellees.Case number: 22-1729
Wrongfully retained mineral royalties were not part of a debtor's estate where applicable state law granted lessors a property interest proceeds, meaning debtor had no equitable interest in the funds.
Appellate Division, First Department: November 6, 2023
Publication Date: 2023-11-06Practice Area:Civil Appeals |
Criminal Appeals
Industry:Court: Appellate Division, Second Department, Appeals & MotionsJudge: Unsigned Attorneys:For plaintiff: For defendant: Case number: DOCKET
Appeals & Motions List released on:November 2, 2023
Arkansas Teacher Ret. Sys. v. Goldman Sachs Group Inc.
Publication Date: 2023-08-23Practice Area:Class Actions
Industry:Court: U.S. Court of Appeals for the Second CircuitJudge: Circuit Judge Richard C. WesleyAttorneys: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
U.S. v. Colotti
Publication Date: 2023-06-28Practice Area:Criminal Law
Industry:Court: U.S. Court of Appeals for the Second CircuitJudge: Circuit Judge Barrington D. ParkerAttorneys:For plaintiff: For Petitioners-Appellants Nardino Colotti, Alex Rudaj, and Nikola Dedaj: David E. Patton, on the brief, Edward S. Zas, Federal Defenders of New York, Inc., New York, N.Y.
For Petitioner-Appellant Prenka Ivezaj: Michael S. Schacter and Ravi Chaderraj, Willkie Farr & Gallagher LLP, New York, N.Y.
For Petitioner-Appellant Angelo DiPietro: Anthony DiPietro, Law Offices of Anthony DiPietro P.C., White Plains, N.Y.For defendant: For Respondent-Appellee: Karl Metzner, on the brief, Andrew Jones, for Damian Williams, United States Attorney for the Southern District of New York, New York, N.Y.Case number: 21-932
Successive RICO, Extortion Offenses Qualified as Crimes of Violence; Habeas Denial Upheld