• Borealis Power Holdings Inc. v. Hunt Strategic Util. Inv., L.L.C.

    Publication Date: 2020-06-10
    Practice Area: Corporate Entities
    Industry: Energy
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Richard I. Werder, Jr., Renita Sharma, Elisabeth B. Miller, and Ryan A. Rakower, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; William M. Lafferty, Thomas W. Briggs, Jr., Daniel T. Menken, and Aubrey J. Morin, Morris Nichols Arsht&Tunnell LLP, Wilmington, DE for appellant Borealis Power Holdings.Neil A. Sterner, Dechert LLP, New York, NY; Blake Rohrbacher, Brian S. Yu, and Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE for appellant Cheyne Walk Investments.P. Clarkson Collins, Jr., Ian D. McCauley, and Kathleen A. Murphey, Morris James LLP, Wilmington, DE for appellant Texas Transmission Investment.
    for defendant: Jessica B. Pulliam, Monica Hughes Smith, Baker Botts L.L.P., Dallas, Texas; Vernon Cassin, Baker Botts L.L.P., Washington, D.C.; Peter J. Walsh Jr., J. Matthew Belger, Andrew H. Sauder, Potter Anderson &Corroon LLP, Wilmington Delaware for Hunt Strategic Utility Investment, L.L.C. J. Christopher Shore, Alice Tsier, andVivake Prasad, White & Case LLP, New York, NY; Aaron Colodny, White & Case LLP, Los Angeles, CA; David C. McBride, Martin S. Lessner, Ryan M. Bartley, and Paul J. Loughman, Young, Conaway, Stargatt& Taylor, LLC, Wilmington, DE for appellees.

    Case Number: D69006

    Right of first refusal in separate investor rights agreement did not supersede right of first offer on transfer of equity stake in separate corporate entity where the right of first refusal only applied to minority member of the company subject to the investor rights agreement and transferor was not a minority member.

  • Corporate Counsel | News

    Coronavirus Slows Down General Counsel Appointments: April 2020 In-House Moves

    April 30, 2020

    For the first full month of shelter-in-place and work-from-home orders for millions of U.S. residents, April saw significantly fewer general counsel announcements as companies navigate through the COVID-19 coronavirus crisis.

  • Law.com | Analysis

    Inside Track: The Size of Your Legal Department May Create Gender Pay Gaps. Plus, Keeping Diversity & Inclusion In Mind During COVID-19 Crisis.

    April 22, 2020

    A new survey finds the larger the revenue, the larger the pay gap can be for in-house counsel at particular companies. Also, the 3M GC and the National Association of Minority & Women Owned Law Firms CEO discuss the importance of supporting diversity and inclusion efforts as legal departments deal with the novel coronavirus.

  • Law.com | Analysis

    Inside Track: Zoom's Chief Legal Officer Discusses How Her Company Is Helping the World Communicate

    April 8, 2020

    The top lawyer for a company providing one of the most popular tools during the coronavirus pandemic speaks to Law.com about her journey to managing Zoom's legal department and the challenges she is starting to see. Also, Amazon.com general counsel's choice words about a fired employee may lead to wrongful termination and race discrimination claims, according to labor and employment lawyers.

  • Corporate Counsel | News

    Sempra Energy's New Chief Legal Officer Resigns Abruptly, Gets $3.2M Cash Payment

    April 1, 2020

    After less than a year on the job, George Bilicic and Sempra agreed that he had "good reason" to resign under his severance pay agreement.

  • The Legal Intelligencer | Commentary

    Discharging Future Asbestos Claims Without a Litigation Trust?

    March 12, 2020

    Unlike normal trade obligations, mass tort claims, such as those arising from asbestos exposure, may involve a person whose injury has not yet manifested and thus, either was not aware that he or she holds a claim, or because no injury had manifested, not hold a claim that can be discharged.

  • Borealis Power Holdings Inc. v. Hunt Strategic Util. Inv., LLC

    Publication Date: 2020-02-05
    Practice Area: Corporate Entities
    Industry: Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: William M. Lafferty, Thomas W. Briggs, Jr., Daniel T. Menken, and Aubrey J. Morin, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Richard I. Werder, Jr., Renita N. Sharma, Elisabeth B. Miller, and Ryan A. Rakower, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY for plaintiffs and defendants Borealis Power Holdings Inc. and BPC Health Corporation.
    for defendant: Blake Rohrbacher, Brian S. Yu, and Kevin M. Regan, Richards, Layton & Finger P.A., Wilmington, DE; Neil A. Steiner, Dechert LLP, New York, NY for plaintiff intervenors Cheyne Walk Investments. David C. McBride, Martin S. Lessner, Ryan M. Bartley, and Paul J. Loughman, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; J. Christopher Shore and Alive Tsier, White & Case LLP, New York, NY; Aaron Colodny, White & Case LLP, Los Angeles, CA, attorneys for plaintiff intervenors and defendants Sempra Texas Holdings Corp and Sempra Texas Intermediate Holding Co. Peter J. Walsh, Jr., J. Matthew Belger, and Andrew H. Sauder, Potter Anderson & Corroon LLP, Wilmington, DE; Jessica B. Pulliam, Baker Botts LLP, Dallas, TX; Vernon Cassin, Baker Botts LLP, Washington, DC; P. Clarkson Collins, Jr., Ian D. McCauley, and Kathleen A. Murphy, Morris James LLP, Wilmington, DE, attorneys for defendant Hunt Strategic Utility Investment.

    Case Number: D68862

    One party had superior right of first refusal for purchase of offered shares where the parties' shareholders agreement provided that any sale could not violate an investor rights agreement, which granted the party with the superior right its right of first refusal.

  • The American Lawyer | News

    Deal Watch: Wachtell, Kirkland Lead the Way as M&A Continues Slow Roll Into Q3

    October 4, 2019

    Global M&A felt a drop in the third quarter. Plus, a roundup of the week's top deals and the firms that landed them.

  • The Recorder | News

    Greenberg Traurig Grabs Morrison & Foerster Renewable Energy Pro in LA

    July 11, 2019

    Morrison & Foerster's renewable energy pro Jeffrey Chester, who headed the firm's renewable energy efforts for more than a half-decade. has joined Greenberg Traurig in Los Angeles.

  • The Recorder | News

    Quinn Emanuel, Switching Sides, Sues Utility Over 2018 Wildfire

    February 28, 2019

    The firm, which has represented PG&E and San Diego Gas & Electric, filed a lawsuit this week against Southern California Edison on behalf of former U.S. Congressman David Dreier.