A windfall for lawyers who landed a $1 billion settlement with Dell Technologies Inc. showcases how the country’s premier court for battles over M&A deals rewards litigators pursuing high-risk cases.
The shareholder attorneys who negotiated a $1 billion settlement with Dell Technologies Inc. over a controversial 2018 stock conversion will take home more than a quarter of that enormous total.
The courts issued a historic volume of opinions, orders, and transcript decisions that provide valuable guidance regarding issues highlighted in this GT Update, including potential liability of board advisors, officers, and buyers in M&A.
The courts issued a historic volume of opinions, orders, and transcript decisions that provide valuable guidance regarding issues highlighted in this GT Update, including potential liability of board advisors, officers, and buyers in M&A.
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This top ten list summarizes significant decisions of the Delaware Supreme Court and the Delaware Court of Chancery over the past calendar year. Our criteria for selection are that the decision either meaningfully changed Delaware law or provided clarity or guidance on issues relevant to corporate and commercial litigation in Delaware. We present the decisions in no particular order. The list does not include every significant decision, but provides practitioners with an array of decisions on varied issues likely to affect business transactions or business litigation.
One:
AmerisourceBergen Corp. v. Lebanon Cty. Employees’ Ret. Fund, A.3d , 2020 WL 7266362 (Del. Dec. 10, 2020) (Traynor, Justice)