• September 23, 2021 | The Mid Market Report

    Who Got The Work: Geico Goes After Medical Fraud, Heavyweights Step In on $2 Billion Appeal

    Midsize firms stepped in defense of a $2 billion IP appeal and on behalf of Geico as it goes after alleged medical fraudsters.

    2 minute read

  • September 23, 2021 | The American Lawyer

    The 2021 Global 100: Ranked by Profits Per Equity Partner

    Wachtell, Lipton, Rosen & Katz leads the way in a ranking dominated by U.S. firms.

    1 minute read

  • September 22, 2021 | New York Law Journal

    Board Structure Is Key to Oversight

    In this edition of their Corporate Governance column, David A. Katz and Laura A. McIntosh write that boards of directors should thoughtfully review their board committee structures to determine if there is sufficient management oversight of mission-critical company and industry risks and, where appropriate, consider reallocating responsibilities among various board committees, with corresponding updates to committee charters.

    9 minute read

  • September 20, 2021 | The Recorder

    Deal Watch: Intuit Acquires Mailchimp

    Markets across the globe saw sharp declines, and the S&P 500 fell for the second straight week.

    9 minute read

  • September 20, 2021 | Daily Report Online

    Deal Watch: Intuit's $12B Purchase of Atlanta-Based Mailchimp Leads Week's M&As

    Markets across the globe saw sharp declines, and the S&P 500 fell for the second straight week.

    9 minute read

  • September 20, 2021 | The American Lawyer

    Deal Watch: Just a Blip or Is Deal Work Beginning to Slow?

    Markets across the globe saw sharp declines, and the S&P 500 fell for the second straight week.

    9 minute read

  • September 17, 2021 | Law.com

    Who Got the Work?℠: Smucker's Defense Counsel, Intuit's M&A Advisors and More

    Here's your weekly round-up of the law firms and lawyers around the country being tapped to handle key cases and close major deals for their clients.

    1 minute read

  • September 16, 2021 | The American Lawyer

    Legal Talent War May Be Fought Away From Chicago Market

    The talent war is still raging, with several major markets eclipsing the national average increase in attorney compensation so far this year—even before factoring in widespread associate salary increases. But the battle may not be as fierce in Chicago, some analysts say.

    4 minute read

  • September 15, 2021 | Corporate Counsel

    Dial-Up Engagement Strategies in a Social Media Era Need an Upgrade        

    If your board is not challenging assumptions and engaging with new concepts that are changing our society then your directors may not be prepared for the level of engagement needed in today's era of hyper-accountability.

    8 minute read

  • September 13, 2021 | The American Lawyer

    Deal Watch: 12 Billion-Plus Deals Makes for an Unremarkable Week in 2021

    In a year where records fall on a monthly basis, a week with 12 big deals seems almost par for the course.

    10 minute read

  • In Re Zimmer Biomet Holdings Inc. Derivative Litig.

    Publication Date: 2021-09-08
    Practice Area: Corporate Governance
    Industry: Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: P. Bradford deLeeuw, deLeeuw Law LLC, Wilmington, DE; Richard A. Speirs, Christopher Lometti, Cohen Milstein Sellers & Toll PLLC, New York, NY; Robert C. Schubert, Willem F. Jonckheer, Schubert Jonckheer & Kolbe LLP, San Francisco, CA; Kip B. Shuman, Shuman, Gleen & Stecker, San Francisco, CA; Rusty E. Glenn, Shuman, Gleen & Stecker, Denver, CO; Brett D. Stecker, Shuman, Gleen & Stecker, Ardmore, PA for plaintiffs.
    for defendant: Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Troy S. Brown, Laura Hughes McNally, Brian F. Morris, Karen Pieslak Pohlmann, Morgan, Lewis & Bockius LLP, Philadelphia, PA; William M. Lafferty, Ryan D. Stottmann, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Peter E. Kazanoff, Sara A. Ricciardi, Courtney G. Skarupski, Simpson Thacher & Bartlett LLP, New York, NY; William M. Lafferty, Ryan D. Stottmann, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Daniel V. McCaughey, Erin Macgowan, Ropes & Gray LLP, Boston, MA; Christian Reigstad, Ropes & Gray LLP, New York, NY; Daniel A. Mason, Matthew D. Stachel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Andrew J. Ehrlich, Brette Tannenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Kevin G. Abrams, J. Peter Shindel, Jr., Abrams & Bayliss LLP, Wilmington, DE; Paul Vizcarrondo, John F. Lynch, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants.

    Case Number: D69527

    Derivative complaint dismissed for failure to plead demand futility where stockholders could not show that a majority of directors possessed non-public information that caused the company to issue material misstatements or omissions, so that as a result the directors did not face a substantial likelihood of liability to excuse the demand requirement.