The largest of Delaware's in-state law firms and one of its oldest Richards Layton & Finger PA has been fine-tuning a firm culture of excellence for more than a century, using its expertise and homegrown talent to excel in the First State's competitive legal market.
Morris Nichols Arsht & Tunnell LLP prides itself on having played a part for nearly a century in the evolution of Delaware corporate law, and the Wilmington-based firm continues to litigate some of the highest-stakes cases in various practice areas.
Reed Smith LLP and Farnan LLP filed a stipulation Wednesday telling the Delaware Chancery Court an agreement has been tentatively struck to settle an ODP Corp. shareholder suit closely being watched as a test on how a "novel theory" of director liability will be applied.
Delaware's Supreme Court is allowing law professors to file a brief arguing that a Chancery Court decision letting Tesla CEO Elon Musk off the hook in a suit over the company's $2.6 billion purchase of SolarCity should be reversed, because it "threatens to fatally undermine" key precedent.
Hormone therapy company Biote wants the Delaware Chancery Court to halt a suit filed in Texas by its founder alleging that company officers, Cooley LLP and others deceived him into giving up control of the company, saying the dispute must be adjudicated in the First State.