The Practising Law Institute is scheduled to host "Mergers & Acquisitions 2024: Advanced Trends and Developments," an annual program featuring insights from leading US legal and investment banking professionals from Thursday to Friday, and Morris Nichols Arsht & Tunnell partner Patricia Vella is set to co-chair the program.
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Perik v. Student Res. Ctr., LLC
Publication Date: 2024-01-29Practice Area:Corporate Entities
Industry:Education
Court: Court of ChanceryJudge: Vice Chancellor ZurnAttorneys:For plaintiff: Kevin M. Coen, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for plaintiff.For defendant: Jeffrey J. Lyons, Baker & Hostetler LLP, Wilmington, DE for defendant.Case number: 2023-0813-MTZ
Court declined to enter summary judgment where there was a genuine issue of material fact as to whether plaintiffs had provided valid consent to the elimination/revocation of their vested advancement rights under the companies' operating agreements upon the amendment/restatement of those agreements.
In re: AMC Investors, LLC
Publication Date: 2024-01-29Practice Area:Bankruptcy
Industry:Electronics |
Investments and Investment Advisory |
Technology Media and Telecom
Court: U.S. District Court of DelawareJudge: District Judge AndrewsAttorneys:For plaintiff: Mark D. Collins, Marcos A. Ramos, Cory Kandestin, Richards, Layton & Finger, P.A., Wilmington, DE; Mitchell A. Karlan, Paul J. Kremer, Gibson, Dunn & Crutcher LLP for appellants.For defendant: Curtis Miller, Daniel B. Butz, Jonathan M. Weyland, Morris Nichols, Arsht & Tunnell LLP, Wilmington, DE; James A. Bombulie, Dustin B. Hillsley, Akerman, LLP, Miami, FL; Brian P. Miller, King & Spalding LLP, Miami, FL for appellees.Case number: 22-179-RGA
Statute of limitations barred adversary complaints filed on behalf of debtors by their creditor where creditor's prior lawsuit against debtors based on the same factual predicate put debtors on notice of the claims raised in the adversary proceeding.
In re Fox Corp.
Publication Date: 2024-01-29Practice Area:Corporate Governance
Industry:Investments and Investment Advisory |
Technology Media and Telecom
Court: Delaware Supreme CourtJudge: Justice SeitzAttorneys:For plaintiff: Gregory V. Varallo, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Mark Lebovitch, Edward G. Timlin, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for appellants.For defendant: William B. Chandler III, Brad D. Sorrels, Amy L. Simmerman, Daniyal M. Iqbal, Nora M. Crawford, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Mark R. Yohalem, Wilson Sonsini Goodrich & Rosati, P.C., Los Angeles, CA; William M. Lafferty, Susan W. Waesco, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for appellees.Case number: 2022-1007
Ability to sue corporate officers for fiduciary violations was not a "power, preference, or special right" of a class of stock and thus a proposed amendment to add an officer exculpation clause did not require a separate class vote under the Delaware General Corporation Law.
Natalie Bennett and Jason White of Morgan, Lewis & Bockius convinced Delaware jurors that Vector Flow and its three founders misappropriated HID Global trade secrets and infringed its patent willfully. They got their full ask of $45 million in damages.
8 minute read
Natalie Bennett and Jason White of Morgan, Lewis & Bockius convinced Delaware jurors that Vector Flow and its three founders misappropriated HID Global trade secrets and infringed its patent willfully. They got their full ask of $45 million in damages.
8 minute read
Morris James welcomed Michelle Spitelli to the firm as the director of human resources, effective Jan. 15.
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State ex rel. Jennings v. BP Am. Inc.
Publication Date: 2024-01-22Practice Area:Environmental Law
Industry:Energy |
State and Local Government
Court: Delaware Superior CourtJudge: Judge JohnstonAttorneys:For plaintiff: Christian Douglas Wright, Jameson A.L. Tweedie, Ralph K. Durstein, Sawyer M. Traver, Deputy Attorneys General, Wilmington, DE; Victor M. Sher, Matthew K. Edling, Stephanie D. Biehl, Sher Edling LLP, San Francisco, CA for plaintiff.For defendant: David E. Wilks, Wilks Law, LLC, Wilmington, DE; Theodore J. Boutrous, Jr., William E. Thomson, Gibson, Dunn & Crutcher LLP, Los Angeles, CA; Andrea E. Neuman, Dunn & Crutcher LLP, New York, NY; Thomas G. Hungar, Dunn & Crutcher LLP, Washington, DC, Joshua D. Dick, Dunn & Crutcher LLP, San Francisco, CA; Kenneth J. Nachbar, Alexandra M. Cumings, Morris Nichols Arsht & Tunnell, Wilmington, DE; Nathan P. Eimer, Pamela R. Hanebutt, Lisa S. Meyer, Eimer Stahl LLP, Chicago, IL; Robert E. Dunn, Eimer Stahl LLP, San Jose, CA; Colleen D. Shields, Patrick M. Brannigan, Eckert Seamans Cherin & Mellott, LLC, Wilmington, DE; Tristan L. Duncan, Daniel B. Rogers, William F. Northrip, Shook, Hady & Bacon, LLP, Kansas City, MO; Kevin J. Mangan, Womble Bond Dickinson (US) LLP, Wilmington, DE; Jeremiah J. Anderson, McGuireWoods LLP, Houston, TX; Kathryn M. Barber, McGuireWoods LLP, Richmond, VA; Mackenzie M. Wrobel, Coleen W. Hill, Duane Morris LLP, Wilmington, DE; Michael F. Healy, Shook Hardy & Bacon LLP, San Francisco, CA; Michael L. Fox, Duane Morris LLP, San Francisco, CA; Daniel J. Brown, Alexandra M. Joyce, McCarter & English LLP, Wilmington, DE; Steven M. Bauer, Margaret A. Tough, Latham & Watkins LLP, San Francisco, CA: Jameson R. Jones, Daniel R. Brody, Bartlit Beck LLP, Denver, CO; Michael A. Barlow, Abrams & Bayliss LLP, Wilmington, DE; Robert P. Reznick, Orrick, Herrington & Sutcliffe LLP, Washington, DC, James Stengel, Marc R. Shapiro, Orrick, Herrington & Sutcliffe LLP, New York, NY; Catherine Y. Lui, Orrick, Herrington & Sutcliffe LLP, San Francisco, CA; Robert W. Whetzel, Blake Rohrbacher, Alexandra M. Ewing, Richards, Layton & Finger, P.A., Wilmington, DE; Anna Rotman, Kirkland & Ellis LLP, Houston, TX: Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE; David C. Frederick, James M. Webster, III, Daniel S. Severson, Kellogg, Hansen, Todd, Figel & Frederick, PLLC, Washington, DC; Catherine A. Gaul, Ashby & Geddes, Wilmington, DE; Nancy G. Milburn, Diana E. Reiter, Arnold & Porter Kaye Scholer LLP, New York, NY; Jonathan W. Hughes, Arnold & Porter Kaye Scholer LLP, San Francisco, CA; John D. Lombardo, Arnold & Porter Kaye Scholer LLP, Los Angeles, CA; Jeffrey L. Moyer, Christine D. Haynes, Richards, Layton & Finger, P.A., Wilmington, DE; Kevin Orsini, Vanessa A. Lavely, Cravath, Swaine & Moore LLP, New York, NY; Antoinette D. Hubbard, Stephanie A. Fox, Maron Marvel Bradley Anderson & Tardy LLC, Wilmington, DE; Shannon S. Broome, Ann Marie Mortimer, Hunton Andrews Kurth LLP, San Francisco, CA; Shawn Patrick Regan, Hunton Andrews Kurth LLP, New York, NY; Christian J. Singewald, White and Williams LLP, Wilmington, DE; Joy C. Fuhr, Brian D. Schmalzbach, W. Cole Geddy, McGuireWoods LLP, Richmond, VA; Paul D. Brown, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Tracy A. Roman, Crowell & Moring LLP, Washington, DC; Honor R. Costello, Crowell & Moring LLP, New York, NY; Beth Moskow Schnoll, Ballard Spahr LLP, WilmingtCase number: N20C-09-097 MMJ CCLD
State common law claims arising from fossil fuel companies' operations which harmed the environment were largely preempted by the Clean Air Act, which regulated the use of fossil fuels and emissions standards.
REGENXBIO Inc. v. Sarepta Therapeutics, Inc.
Publication Date: 2024-01-22Practice Area:Patent Litigation
Industry:Biotechnology |
Pharmaceuticals
Court: U.S. District Court of DelawareJudge: District Judge AndrewsAttorneys:For plaintiff: Susan E. Morrison, Casey M. Kraning, Fish & Richardson P.C., Wilmington, DE; Brian D. Coggio, Jeremy T. Saks, Fish & Richardson P.C., New York, NY; Kurt L. Glitzenstein, J. Peter Fasse, Fish & Richardson P.C., Boston, MA, John R. Lane, Fish & Richardson P.C., Houston, TX; Amy M. Dudash, Morgan, Lewis & Bockius LLP, Wilmington, DE; Julie S. Goldemberg, Morgan, Lewis & Bockius LLP, Philadelphia, PA; Janice H. Logan, Morgan, Lewis & Bockius LLP, Washington, DC for plaintiffs.For defendant: Jack B. Blumenfeld, Derek J. Fahnestock, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; William B. Raich, Michael J. Flibbert, Finnegan, Henderson, Farabow, Garrett & Dunner, LLP, Washington, DC; Andrew M. Berdon, Robert B. Wilson, James E. Baker, Anastasia M. Fernands, Laura Fairneny, Quinn Emanuel Urquhart & Sullivan LLP, New York, NY; Molly Moore, Quinn Emanuel Urquhart & Sullivan LLP, Washington, DC; Charles E. Lipsey, Finnegan, Henderson, Farabow, Garrett & Dunner, LLP, Reston, VA; Steven G. Madison, James Bieber, Quinn Emanuel Urquhart & Sullivan LLP, Los Angeles, CA for defendants.Case number: 20-1226-RGA
Merely combining natural gene sequences was insufficient to create a patentable invention.
Chordia v. Lee
Publication Date: 2024-01-15Practice Area:Corporate Governance
Industry:Electronics |
Technology Media and Telecom
Court: Court of ChanceryJudge: Vice Chancellor CookAttorneys:For plaintiff: Bradley R. Aronstam, R. Garrett Rice, Holly E. Newell, Ross Aronstam & Moritz LLP, Wilmington, DE; Brian M. Burnovski, Andrew Ditchfield, Pascale Bibi, Nikolaus J. Williams, Marie Killmond, Danielle Mullery, Davis Polk & Wardwell LLP, New York, NY for plaintiffs.For defendant: William M. Lafferty, Ryan D. Stottmann, Lauren K. Neal, Alec Hoeschel, Grant E. Michl, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Hallie B. Levin, Wilmer Cutler Pickering Hale & Dorr LLP, New York, NY; Timothy Perla, Wilmer Cutler Pickering Hale & Dorr LLP, Boston, MA; William Savitt, Jonathan M. Moses, Elaine Golin, Graham W. Meli, Ryan A. McLeod, Wachtell, Lipton, Rosen & Katz, New York, NY; Eric Seiler, Lance J. Gotko, Jason Rubinstein, David J. Ranzenhofer, Sofie Syed, Friedman Kaplan Seiler, Adelman & Robbins LLP, New York, NY; Kurt M. Heyman, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defendants.Case number: 2023-0382-NAC
Majority owner's intentional acts to remove founders from the company to eliminate their right to designate board members materially interfered with those rights in violation of the parties' stockholders' agreement's "reasonable efforts" clause.
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