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April 25, 2023 | Delaware Law Weekly

Special Master Appointed as Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 25, 2023 | Delaware Business Court Insider

Zurn Expects Record Shareholder Input in AMC Stock Split Case

The case, filed in February, challenges a plan to convert APEs, AMC's preferred shares, into common stock.
2 minute read
April 24, 2023 | Delaware Business Court Insider

Shareholders Say They're Entitled to Vote Before TripAdvisor Moves to Nevada

The shareholder plaintiffs argue unless and until the companies are actually moved to Nevada, they're governed by Delaware law, which requires a shareholder vote before a Delaware-incorporated state can be reorganized anywhere else.
4 minute read
April 24, 2023 | Delaware Business Court Insider

Shareholder Suit Alleges TripAdvisor Directors Unlawfully Tried to Convert Company Into Nevada Corporation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
April 18, 2023 | The Recorder

Orrick, Kramer Levin Step Into Silicon Valley Bank Securities Litigation

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
April 17, 2023 | New York Law Journal

Wendy Erdly, Former DFS Cybersecurity Officer, Joins Queens DA's Office as Chief of Staff

Erdly also spent time in private practice, working at Bernstein, Litowitz Berger & Grossmann and Dewey & LeBoeuf.
2 minute read
April 13, 2023 | Delaware Law Weekly

Walmart's Laches Defense in Opioid Prescriptions Case Rejected by Chancery Court

The decision provides guidance on the timeliness of claims seeking to hold management accountable for not putting in place adequate central compliance risk reporting systems.
3 minute read
April 13, 2023 | Delaware Business Court Insider

'Now Is the Appropriate Time': Chancery Court Rejects Walmart's Laches Defense in Opioid Prescriptions Case

The decision provides guidance on the timeliness of claims seeking to hold management accountable for not putting in place adequate central compliance risk reporting systems.
3 minute read
Lebanon County Employees' Ret. Fund v. Collis
Publication Date: 2023-04-04
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Samuel L. Closic, Eric J. Juray, Robert B. Lackey, Prickett, Jones & Elliott, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Lee D. Rudy, Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeroen van Kwawegen, Eric J. Riedel, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Daniel B. Rehns, Kurt Hunciker, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Brian J. Robbins, Craig W. Smith, Robbins LLP, San Diego, CA for plaintiffs.
For defendant: Stephen C. Norman, Jennifer C. Wasson, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael S. Doluisio, Carla Graff, Dechert LLP, Philadelphia, PA; Matthew L. Larrabee, Hayoung Park, Dechert LLP, New York, New York; Michael D. Blanchard, Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants.
Case number: 2021-1118-JTL

Court denied relief from dismissal of action, after a state court found defendant directors and officers had not violated the law, where newly-filed DOJ complaint against the company remained unsubstantiated and did not contain allegations against defendants specifically.

March 22, 2023 | New York Law Journal

Arnold & Porter Adds Corporate & Finance Partner; Meltzer, Lippe Grow Its Trusts & Estates Group

And other announcements of recent hirings and promotions of New York attorneys.
5 minute read

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