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February 15, 2000 |

Disney Lands a Lemon

The Delaware Supreme Court granted shareholders in the Mickey Mouse empire another gnaw at the apple when it partly overturned a Court of Chancery opinion dismissing suits filed over Michael Ovitz's $140 million severance package. "One can understand why Disney stockholders would be upset with such an extraordinarily lucrative compensation agreement and termination payout awarded a company president who served for only a little over a year and who underperformed to the extent alleged," concluded the court.
9 minute read
In re ABC Learning Ctrs. Ltd., DEFAX Case No. D65844 (3d Cir. Aug. 27, 2013) Scirica, J. (28 pages).
Publication Date: 2013-09-18
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Case number: D65844

Bankruptcy Judge Dismisses Champion's Breach of Contract Claims against Credit Suisse
Publication Date: 2012-08-31
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Unsecured creditors of bankrupt Champion Enterprises Inc. have come up empty in their breach of contract claim against Credit Suisse. On Thursday, a Delaware federal bankruptcy judge found that while Credit Suisse did breach a $187 million credit agreement with Champion, the breach did not damage the manufacturer of prefabricated housing, nor did it cause Champion's bankruptcy.

Gerber v. Enterprise Prod. Holdings, LLC, DEFAX Case No. D65667 (Del. Supr. en banc June 10, 2013) Jacobs, J. (48 pages).
Publication Date: 2013-08-07
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Case number: D65667

Supermarket Magnate Ron Burkle Turns to Litigation in Barnes & Noble Takeover Fight
Publication Date: 2010-05-07
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There's nothing quite like the spectacle of billionaires being nasty to one another via the court system. And that's what we've now got in the battle for control of the troubled bookseller Barnes & Noble.

Jang v. Boston Scientific Scimed, Inc., DEFAX Case No. D65856 (3d Cir. Sept. 5, 2013) Sloviter, J.; Barry, J., dissenting (27 pages).
Publication Date: 2013-10-09
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Case number: D65856

A Bad Day for Burkle: Barnes & Noble Settlement Talks with Billionaire Investor Collapse on Verge of Deal; Delaware Judge Rejects Burkle Challenge to B&N Poison Pill
Publication Date: 2010-08-12
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Hours after news reports that Barnes & Noble had settled Burkle's Delaware Chancery Court challenge to its draconian poison pill, B&N announced that talks had collapsed. And soon after that, the other shoe dropped: Vice-Chancellor Leo Strine found Barnes & Noble's poison pill is a legitimate takeover defense.

April 20, 2011 |

'Too Big to Fail' Questioned: Day Two of the Tulane Corporate Law Institute

By John L. Reed and K. Tyler O'Connell
5 minute read
July 20, 2007 |

Smaller Firms Tap Development Directors

Although most of the megafirms in recent years have invested in hiring associate-development teams to help coordinate programs and address work-life issues, such staffers are new for many midsize regional firms.
5 minute read
July 19, 2007 |

Retention Is a Midsize Law Firm Priority

Attrition problems have prompted midsize law firms to hire development directors -- a trend megafirms have already invested in. But the smaller firms are bringing in career professionals for another reason: "Midsized firms don't want to lose associates who want the training they feel like they'd be getting" at large firms, says one legal recruiter. Lewis and Roca managing partner Kenneth Van Winkle says his firm is hiring a development director to help associates and nonequity partners become full partners.
5 minute read

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