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July 10, 2024 | New York Law Journal

The Lists Are In: New York Law Journal Presents Winners and Finalists For Annual Professional Excellence Awards

Winners of the New York Law Journal's 2024 Legal Awards in several of its professional excellence categories will be announced at a Sept. 5 ceremony in Manhattan
5 minute read
In re Anaplan, Inc. Stockholders Litig.
Publication Date: 2024-07-09
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Software
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys:
For plaintiff: Gregory V. Varallo, Andrew E. Blumberg, Daniel E. Meyer, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Ned Weinberger, Mark Richardson, Labaton Keller Sucharow LLP, Wilmington, DE; David Schwartz, John Vielandi, Labaton Keller Sucharow, New York, NY; Aaron T. Morris, Leonid Kandinov, Andrew W. Robertson, Morris Kandinov LLP, New York, NY for plaintiffs.
For defendant: Edward B. Micheletti, Sarah R. Martin, Ryan M. Lindsay, Lauren M. Griffith, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for defendants.
Case number: 2022-1073-NAC

Court dismissed former stockholder's fiduciary duty claim arising from breach of merger agreement leading to reduced merger consideration where the reduced price still provided a premium over the stock price and the stockholders approved the merger in an informed vote.

Major League Baseball Players Assn. v. Arroyo
Publication Date: 2024-06-26
Practice Area: Civil Procedure | Dispute Resolution | Labor Law
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Lewis J. Liman
Attorneys:
For plaintiff:
For defendant:
Case number: 24-CV-3029

Documents Denied Seal; Interests in Confidentiality Do Not Overcome Those for Disclosure

Carey v. Salvadore
Publication Date: 2024-06-24
Practice Area: Civil Procedure | Civil Rights | Information Governance and Compliance
Industry:
Court: U.S. District Court for the Western District of New York, U.S. - WDNY
Judge: District Judge David G. Larimer
Attorneys:
For plaintiff:
For defendant:
Case number: 18-CV-6307

Documents Denied Seal, Are Deemed to Be Publicly Accessible Judicial Documents

June 14, 2024 | Delaware Business Court Insider

Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts Say

The vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.
3 minute read
Law Journal Press | Digital Book Wrongful Use of Civil Proceedings and Related Torts in Pennsylvania, Second Edition Authors: George Bochetto, David P. Heim, John A. O’Connell, Robert S. Tintner View this Book

View more book results for the query "'Bernstein Litowitz Berger'"

June 14, 2024 | Law.com

Court Battle Over Musk's Compensation Is Far From Over, Even After Ratification Vote, Experts Say

The vote doesn't negate the Delaware Chancery Court's decision faulting the process by which Tesla's board originally approved the CEO's pay package.
3 minute read
Tornetta v. Musk
Publication Date: 2024-06-11
Practice Area: Corporate Governance
Industry: Automotive | Manufacturing | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys:
For plaintiff: Gregory V. Varallo, Glenn R. McGillivray, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Catherine A. Gaul, Ashby & Geddes, P.A., Wilmington, DE; John L. Reed, Ronald N. Brown, III, Caleb G. Johnson, Daniel P. Klusman, DLA Piper LLP (US), Wilmington, DE for plaintiff.
For defendant: David E. Ross, Garrett B. Moritz, Thomas C. Mandracchia, Ross Aronstam & Moritz LLP, Wilmington, DE; William M. Lafferty, Susan W. Waesco, Ryan D. Stottmann, Miranda N. Gilbert, Jacob M. Perrone, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Rudolf Koch, John D. Hendershot, Kevin M. Gallagher, Andrew L. Milam, Richards, Layton & Finger, P.A., Wilmington, DE for defendants.
Case number: 2018-0408-KSJM

Court denied plaintiff's motions to expedite resolution of post-trial issues based on defendants' assertion that an upcoming shareholder proxy vote would not affect the litigation.

June 10, 2024 | National Law Journal

Supreme Court Takes Up Facebook's Appeal of Investors' User Data Scandal Suit

The question before the justices is whether public companies must disclose on Form 10-K to the U.S. Securities and Exchange Commission any risk that has occurred even if that event "presents no known risk of ongoing or future business harm."
3 minute read
In re Columbia Pipeline Group, Inc. Merger Litig.
Publication Date: 2024-06-03
Practice Area: Mergers and Acquisitions
Industry: Energy | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Ned Weinberger, Brendan W. Sullivan, Labaton Keller Sucharow LLP, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Stephen E. Jenkins, Marie M. Degnan, Ashby & Geddes, P.A., Wilmington, DE; Jeroen van Kwawegen, Lauren A. Ormsbee, Thomas G. James, Margaret Sanborn-Lowing, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for plaintiffs.
For defendant: Martin S. Lessner, James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Brian J. Massengill, Michael Olsen, Matthew C. Sostrin, Linda X. Shi, Mayer Brown LLP, Chicago, IL for defendant.
Case number: 2018-0484-JTL

Court held buyer equally liable for seller's officers' breaches of fiduciary duties where buyer's culpability arose from its breaches of its contractual obligations under a standstill agreement with the seller.

May 29, 2024 | The Recorder

No Current Need to Formally Block Tesla Shakeup in Chancery, Court Leader Rules

Chancellor Kathaleen McCormick said she's holding defense counsel to their word and will leave the door open for the motions to be raised again if they don't keep it.
4 minute read

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