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AP-fonden v. Activision Blizzard, Inc.
Publication Date: 2024-04-01
Practice Area: Mergers and Acquisitions
Industry: Technology Media and Telecom
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys:
For plaintiff: Michael Hanrahan, Corinne Elise Amato, Kevin H. Davenport, Stacey A. Greenspan, Christine N. Chappelear, Prickett, Jones & Elliott, P.A., Wilmington, DE; Lee D. Rudy, Eric L. Zagar, J. Daniel Albert, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff.
For defendant: Edward B. Micheletti, Lauren N. Rosenello, Michelle L. Davis, Peyton V. Carper, Claire K. Atwood, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Elena C. Norman, Daniel M. Kirshenbaum, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Stephen P. Blake, Laura Lin, Simpson Thacher & Bartlett LLP, Palo Alto, CA; Sareen K. Armani, Simpson Thacher & Bartlett LLP, Los Angeles, CA for defendants.
Case number: 2022-1001-KSJM

Although the Delaware General Corporation Law only required a corporate board to approve and recommend an essentially complete version of a merger agreement, the draft version approved by defendants failed to meet this standard by omitting key terms and ancillary documents repeatedly referenced throughout the agreement.

March 31, 2024 | Law.com

Letter from Asia: In Singapore, The Americans Have a Brand Issue

American law firm brands have not penetrated the Southeast Asian market in the same way that American consumerism has. It's a brand issue. And it's also a commitment issue., writes Law.com International Asia Editor Jessica Seah in this bimonthly column.
5 minute read
March 27, 2024 | Law.com

From Shein to TikTok, Lawyers Say US-China Agenda Is Testing Market Resilience

Increasing regulatory scrutiny can mean more billable hours for a small group of legal advisers, but the "uninvestable" U.S.-China status is worrisome for most.
6 minute read
March 27, 2024 | The American Lawyer

From Shein to TikTok, Lawyers Say US-China Agenda is Testing Market Resilience

Increasing regulatory scrutiny can mean more billable hours for a small group of legal advisers but for most, the "uninvestable" U.S.-China status is worrisome. 
6 minute read
March 27, 2024 | The American Lawyer

Freshfields the Latest to Move to 4 Days in US Offices

U.S. partners, associates, legal assistants and other fee earners at Freshfields will be expected to work at least four days in the office each week, beginning May 1.
2 minute read
Law Journal Press | Digital Book Chester County Court Rules 2024 Authors: View this Book

View more book results for the query "Skadden, Arps, Slate, Meagher "

March 27, 2024 | The American Lawyer

Pillsbury Partner Representing Sean 'Diddy' Combs Following Homeland Security Raid

Aaron Dyer is a former federal prosecutor who has represented celebrities, entrepreneurs and companies in government investigations.
2 minute read
March 27, 2024 | Delaware Business Court Insider

Chancery Dismisses Suit Against Walgreens Directors, Rejecting 'Reflexively Filed' 'Caremark' Claims

"Fueled by hindsight bias," Vice Chancellor Lori W. Will explained, Caremark suits have "proliferated in Delaware" seeking to hold directors personally liable for imperfect efforts, operational struggles and business decisions. But, the court noted, a stockholder's position that the board's response to a corporate crisis merely "came too late and did too little" is insufficient under Caremark, which requires a showing that directors acted in bad faith.
6 minute read
March 26, 2024 | The American Lawyer

Deal Watch: Wachtell, Skadden, Cleary Land on Big Healthcare Deals; Dealmakers Stay Optimistic

"People are more open to looking at M&A transactions," said Linklaters' George Casey. With inflation getting under control and the Fed expecting lower rates, "you can start thinking how you can finance."
9 minute read
March 21, 2024 | New York Law Journal

8 Firms Facing Off in SDNY Class Action Suit Against Chinese Ride-Hailing Service

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read
March 21, 2024 | Law.com

8 US Firms to Battle Out Didi Global Securities Class Action in US Court

Quinn Emanuel, Skadden, Wilson Sonsini, Sullivan & Cromwell, Gibson Dunn and O'Melveny are all representing parties in the lawsuit.
3 minute read

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