Clients with major transactions routinely face shareholder and other litigation seeking to block or enforce a deal. As experienced and business-savvy litigators, we are able to fend off many such cases, often breaking new legal ground in the process.
Publications
Ability to Take High-Stakes Cases to Trial Distinguishes Paul, Weiss in Delaware, Partners Tell Law360
Litigation partners Andrew Gordon, Jaren Janghorbani and Andy Bouchard spoke with Law360 in a feature on Paul, Weiss’s Delaware practice.
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Delaware Court of Chancery Upholds Covenant Not to Sue for Breach of Fiduciary Duty
The Delaware Court of Chancery recently held that a contractual covenant by stockholders not to sue for breach of fiduciary duty in connection with a drag-along sale is enforceable under Delaware law if it is narrowly tailored and reasonable under the circumstances.
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Delaware M&A Quarterly: Spring 2023
In this issue of the Paul, Weiss Delaware M&A Quarterly, we discuss several decisions of significance to the M&A practice issued during the first quarter of 2023.
» moreAwards & Recognition
Paul, Weiss Named a Law360 2022 “Regional Powerhouse” in Delaware
Law360 recognized Paul, Weiss as a 2022 “Regional Powerhouse” in Delaware for its pivotal work handling some of the biggest, most high-profile matters in the state.
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CDK Global Defeats Motion to Enjoin $8.3 Billion Merger With Brookfield
Paul, Weiss secured the denial of a preliminary injunction motion seeking to halt the $8.3 billion merger between CDK Global, Inc. and Brookfield.
» moreEvents
Scott Barshay and Andy Bouchard to Speak at Tulane Corporate Law Institute
Corporate partner Scott Barshay and litigation partner Andy Bouchard will participate in the 35th Annual Tulane Corporate Law Institute hosted by the Tulane University Law School.
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Delaware Court of Chancery Dismisses Caremark Claims Against Directors for Failure to Allege Bad Faith Conduct
The Delaware Court of Chancery recently dismissed Caremark oversight claims brought against directors for their alleged failure to address “red flags” of workplace misconduct.
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Client News
Nuance Wins Dismissal of Shareholder Suit Stemming from $19.7 Billion Sale to Microsoft
Paul, Weiss secured the dismissal of a shareholder lawsuit and related motion for attorneys’ fees brought in connection with Microsoft’s proposed acquisition of our client, Nuance Communications, Inc., a provider of speech and imaging software.
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Andy Bouchard Discusses Delaware Court of Chancery in Am Law Q+A
See Also
Litigation partner Andy Bouchard was featured in a Q+A in The American Lawyer’s latest “Litigation Daily” column.
» moreClient News
QAD Defeats Preliminary Injunction Against Shareholder Vote in Challenge to Thoma Bravo Merger
Representing a special committee of the board of QAD Inc., Paul, Weiss fended off a stockholder’s preliminary injunction motion seeking to block a shareholder vote on QAD’s $2 billion merger with private equity firm Thoma Bravo.
» moreEvents
Alexia Korberg to Discuss Enforcing Corporate Agreements in Practising Law Institute Program
See Also
Litigation partner Alexia Korberg will present a session on “When the Deal Goes Wrong: Enforcing Corporate Agreements and the Importance of Boilerplate,” as part of the Practising Law Institute’s Drafting and Negotiating Corporate Agreements 2023 program.
» moreClient News
Goldman Sachs Wins Dismissal of Aiding and Abetting Claim in Delaware Chancery Court
Paul, Weiss won a victory for Goldman Sachs at the Delaware Court of Chancery, when Vice Chancellor Joseph R. Slights III dismissed a claim that Goldman aided and abetted breaches of fiduciary duty in its role as a financial advisor to Genomic Health, Inc.
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Delaware Court of Chancery Enforces Unambiguous Terms of Advance Notice Bylaw
The Delaware Court of Chancery recently upheld a board’s rejection of a stockholder nomination notice due to noncompliance with the unambiguous terms of the corporation’s advance notice bylaw relating to stockholder nominations of directors.
» moreClient News
Citigroup Wins Dismissal of Aiding and Abetting Claim In Delaware Chancery Court
Paul, Weiss won the dismissal of a claim that our client, Citigroup, aided and abetted alleged breaches of fiduciary duty in its role as a financial advisor to Tesaro, an oncology-focused biopharmaceutical company.
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Symbiont Wins Victory and $70 Million Damages Award in Delaware Chancery Court
Paul, Weiss secured a resounding victory for Symbiont.io, Inc. in its lawsuit against Ipreo Holdings, LLC, IHS Markit Ltd. and certain of their affiliates in the Delaware Court of Chancery.
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