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July 03, 2023 | Delaware Law Weekly

Shareholders' Win in Pipeline Disclosure Breach in Case Expected to Exceed $400M

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
July 03, 2023 | Delaware Business Court Insider

Shareholders in Pipeline Company Win Claim for Disclosure Breach in Case Over Merger Talks

The litigation was said to have resulted in one of the largest shareholder verdicts in Delaware history.
5 minute read
May 31, 2023 | Legaltech News

3 Cryptocurrency-Related Businesses at Risk of Class Action Lawsuits

With growing attention from the SEC, and lawsuits from investors, the cryptocurrency industry is primed for more class action litigation.
4 minute read
May 26, 2023 | New Jersey Law Journal

Catalent Taps Quinn Emanuel in Securities Class Action Over COVID-19-Related Profits

This suit was surfaced by Law.com Radar. Read the document here.
1 minute read
May 23, 2023 | National Law Journal

Plaintiffs Firms Strive to Keep Fierce External Competition Out of Internal Culture

Post-COVID, plaintiffs firms are leveraging the increased focus on purpose-driven work, though they still have similar struggles to Big Law on return-to-office policies and paths to equity.
6 minute read
May 11, 2023 | National Law Journal

The National Law Journal Announces 2023 Elite Trial Lawyers Awards Finalists

ALM is pleased to announce the finalists in 25 award categories. The National Law Journal Elite Trial Lawyers winners will be named at an award ceremony to be held in New York.
5 minute read
Ontario Provincial Council of Carpenters' Pension Trust Fund v. Walton
Publication Date: 2023-05-09
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Pharmaceuticals | Retail
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys:
For plaintiff: Gregory V. Varallo, Mae Oberste, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Mark Lebovitch, Edward G. Timlin, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Leslie R. Stern, Nathaniel L. Orenstein, Steven L. Groopman, Berman Tabacco, Boston, MA; Ned Weinberger, Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; David MacIsaac, Labaton Sucharow LLP, New York, NY for plaintiffs.
For defendant: Raymond J. DiCamillo, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Sean M. Berkowitz, Nicholas J. Siciliano, Latham & Watkins LLP, New York, NY; Andrew W. Stern, Charlotte K. Newell, Sidley Austin LLP, New York, NY; William M. Regan, Allison M. Wuertz, Hogan Lovells US LLP, New York, NY; Frank R. Volpe, Sidley Austin LLP, Washington, DC for defendants.
Case number: 2021-0827-JTL

Litigation demand was futile where allegations supported inference that directors and officers knew that the company was violating its legal obligations as a dispenser of prescription opioids in a conscious effort to maximize customer sales and profits.

April 27, 2023 | Connecticut Law Tribune

Redactions Problematic for Walmart in Opioid Liability Claims

Vice Chancellor J. Travis Laster decided that major claims passed the demand futility test.
3 minute read
April 27, 2023 | Delaware Business Court Insider

Bulk of Walmart Opioid Liability Claims May Move Toward Trial, Laster Rules

Vice Chancellor J. Travis Laster decided that major claims passed the demand futility test.
3 minute read
April 27, 2023 | Law.com

How I Made Partner: 'Do Not Overthink What Might Feel Like a Setback,' Says James T. Christie of Labaton Sucharow

"More often than not there is an opportunity for you to turn that setback into an advantage by rising to the occasion. The longer you dwell on the negative the less time you have to seize on the opportunity."
9 minute read

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