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March 07, 2012 |

Parsons Approves Amgen's $1.16 Bil. Acquisition of Micromet

The Delaware Court of Chancery has ruled that a biopharmaceutical company's board of directors did not breach their fiduciary duties when they agreed to be acquired by Amgen Inc. for $1.16 billion.
5 minute read
November 17, 2011 |

Firms score big fees in Dodgers' bankruptcy

7 minute read
September 22, 2010 |

Each Side Bloodied in Court Battle of eBay, Craigslist

The Court of Chancery entered its post-trial opinion in the closely watched battle between eBay and Craigslist earlier this month, and while neither side can claim victory, the ruling means minority shareholder eBay will no longer be able to seat a director on the Craigslist board.
6 minute read
July 24, 2013 |

Internal Revenue Code Cannot Trump DGCL, Federal Court Rules

A federal judge has blocked a $36 million derivative suit filed against Viacom Inc. and its 11 board members alleging that the board breached their fiduciary duty by blocking Class B shareholders from approving an executive compensation plan, which permitted the company's top three executives to receive tax-deductible compensation. Although the plaintiff claimed that the compensation plan violated a section of the Internal Revenue Code because only certain shareholders voted, the court held that the IRC cannot trump the Delaware General Corporation Law, which permits the creation of nonvoting stock.
4 minute read
August 28, 2013 |

Fiat N. Am. LLC v. UAW Retiree Med. Benefits Trust, DEFAX Case No. D65795 (Del. Ch. July 30, 2013) Parsons, V.C. (52 pages).

Fiat N. Am. LLC v. UAW Retiree Med. Benefits Trust, DEFAX Case No. D65795 (Del. Ch. July 30, 2013) Parsons, V.C. (52 pages).
3 minute read
August 01, 2013 |

Deals & Suits

12 minute read
May 01, 2012 |

Deals & Suits

25 minute read
Round Rock Faces Third Suit in Patent Backlash; Matt Powers Takes on Amazon
Publication Date: 2012-03-15
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Two former big firm IP litigators were in the spotlight for their plaintiffs-side patent projects this week. Motorola Solutions hit ex-Kirkland partner John Desmarais's Round Rock Research with a declaratory judgment suit, while former Weil Gotshal litigation co-chair Matthew Powers filed his first infringement suit after founding Tensegrity Law Group last year.

November 14, 2012 |

Avenarius v. Eaton Corp., DeFAX Case No. D65226 (D.Del. Oct. 16, 2012) Robinson, J. (19 pages).

Avenarius v. Eaton Corp., DeFAX Case No. D65226 (D.Del. Oct. 16, 2012) Robinson, J. (19 pages).
4 minute read
June 27, 2013 |

Big Deals

Valeant/Bausch & Lomb; Actavis/Warner Chilcott; BMC Software buyout; Inergy/Crestwook Midstream Partners
10 minute read

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