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Teamsters Local 443 Health Serv. & Ins. Plan v. Chou
Publication Date: 2023-12-04
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Gregory V. Varallo, Glenn R. McGillivray, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Ned Weinberger, Mark D. Richardson, Labaton Sucharow LLP, Wilmington, DE; Christine M. Mackintosh, Rebecca A. Musarra, Grant & Eisenhofer P.A., Wilmington, DE; Christopher J. Orrico, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank Schirripa, Hach Rose Schirripa & Cheverie LLP, New York, NY; Nathaniel L. Orenstein, Steven L. Groopman, Berman Tabacco, Boston, MA for plaintiffs.
For defendant: William M. Lafferty, D. McKinley Measley, Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; F. Joseph Warin, Jonathan M. Phillips, Courtney M. Brown, Gibson, Dunn & Crutcher LLP, Washington, DC for defendant.
Case number: 2019-0816-SG

Court dismissed derivative complaint where single-member special litigation committee conducted adequate review of the worthiness of the litigation and its conclusions were sufficiently supported by evidence, and there was an insufficient basis to question the single member's independence from other board members potentially facing liability.

October 13, 2023 | Law.com

Maryland Woman Files Claim Against Parish Accused of Covering Up Priest's Misconduct Under New State Law

The suit was first surfaced by Law.com Radar.
3 minute read
October 05, 2023 | The Legal Intelligencer

Feldman Shepherd Lands 3 Laterals to Fortify Core Practices

Philadelphia Board of Education President Reginald Streater, formerly of Berger Montague, Daniel Klaproth of Murray, Stone & Wilson and Samuel Mukiibi of Grant & Eisenhofer will also continue their individual niches in civil rights and nursing home neglect cases.
5 minute read
September 08, 2023 | Pro Mid Market

Who Got the Work: Moses & Singer Steps in to Defend Former Band Member in Trademark Infringement Suit

Moses & Singer attorneys are representing an artist being sued by her former record label.
2 minute read
August 29, 2023 | Delaware Business Court Insider

Amazon Hiring Bezos-Run Blue Origin Over SpaceX Slighted Shareholders, Derivative Suit Claims

"In total, between the audit committee's single meeting and the board's single brief meeting, Amazon's directors likely devoted barely an hour before blindly signing off on funneling (redacted) of Amazon's money to Bezos' unproven, struggling rocket company," the complaint states.
4 minute read
In re AMC Ent. Holdings, Inc. Stockholder Litig.
Publication Date: 2023-08-28
Practice Area: Corporate Governance
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: Gregory V. Varallo, Daniel E. Meyer, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Mark Lebovitch, Edward Timlin, Bernstein Litowitz Berger & Grossman LLP, New York, NY; Michael J. Barry, Kelly L. Tucker, Jason M. Avellino, Grant & Eisenhofer, P.A., Wilmington, DE; Thomas Curry, Saxena White P.A., Wilmington, DE for plaintiffs.
For defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; John A. Neuwirth, Joshua S. Amsel, Tanner S. Stanley, Weil, Gotshal & Manges LLP, New York, NY for defendants.
Case number: 2023-0215-MTZ

Court approved non-opt-out class for direct stockholder breach of fiduciary duty claims where obtaining opt-outs would be impractical under the circumstances and the proposed settlement provided relief to the entire class.

August 24, 2023 | Delaware Business Court Insider

Grant & Eisenhofer Sues Amazon In Stockholder Derivative Suit Alleging Fiduciary Duty Breaches

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
August 18, 2023 | Litigation Daily

Another Stellar Batch of Litigator of the Week Runners-Up and Shout Outs

Boies Schiller Flexner, Bernstein Litowitz Berger & Grossmann, Kessler Topaz Meltzer & Check and Grant & Eisenhofer won more than $600 million in damages for shareholders of Fannie Mae and Freddie Mac at trial against the Federal Housing Finance Agency.
7 minute read

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