Showing 14 posts from 2018.

Case Spotlight: In re CBS Corporation Litigation

Case Spotlight: In re CBS Corp. Litig., 2018 WL 3414163 (Del. Ch. July 13, 2018) (Bouchard, C.)

CBS Corporation (“CBS”) has two classes of stock.  The Class A common stock has voting power; the Class B common stock does not.  Shari Redstone, through her control of National Amusements, Inc. (“NAI”), controls approximately 80% of the voting power of CBS and approximately 10% of the economic stake.

In September 2016, NAI’s counsel sent a letter requesting that CBS consider a potential combination with Viacom Inc. (“Viacom”).  The board of directors of CBS (the “Board”) adopted resolutions authorizing a special committee of independent directors (the “2016 Special Committee”) to consider the transaction and make a recommendation to the Board.  The 2016 Special Committee’s work ended in December 2016.  In January 2018, NAI again approached CBS asking for a combination with Viacom.  The Board adopted resolutions to form a second special committee (the “2018 Special Committee”) with essentially the same mandate and authority. More ›

Case Spotlight: Cumming v. Edens, C.A. No. 13007-VCS (Del. Ch. July 12, 2018) (Slights, V.C.) (TRANSCRIPT)

In this transcript ruling deciding the plaintiff’s motion to compel production of documents, the Court of Chancery provided some noteworthy guidance regarding discovery from third party financial advisors.  In response to the plaintiff’s subpoena, the financial advisor here had initially asserted boilerplate general objections and offered to meet and confer with respect to each request, without expressly agreeing to produce any documents.  Months later, the financial advisor had still only produced its deal file and limited other documents and had failed to agree to any proposal for the collection, review, and production of its responsive email data. More ›

Morris James Named a Top Work Place for Mid-sized Employers in Delaware Eleventh Consecutive Year

Morris James was named a top work place for mid-sized employers in Delaware for the eleventh consecutive year.  This year's top workplace honor makes Morris James the only law firm in Delaware to be consistently top-ranked in the mid-sized employers category for the past eleven years. More ›

Best Lawyers® Recognizes Thirty Morris James Attorneys in Thirty-two Practice Areas

Thirty Morris James attorneys in thirty-two practice areas were selected by their peers for inclusion in The Best Lawyers in America© 2019 edition. Additionally, three of those attorneys were named “Lawyer of the Year” for their respective practices, including David H. Williams for Education Law, Employment Law – Management, and Litigation – Labor and Employment, Richard Galperin for Healthcare Law, Medical Malpractice - Defendants, and Personal Injury Litigation – Defendants, and John M. Bloxom, IV for Real Estate. Congratulations to Kenneth L. Dorsney, Shannon S. Frazier, Kevin G. Healy, Eric J. Monzo, John H. Newcomer, Jr., K. Tyler O’Connell and Jill Spevack Di Sciullo for being recognized for the first time. More ›

Connolly and Noreika Confirmed to Delaware District Court

The United States Senate confirmed Colm F. Connolly and Maryellen Noreika as US District Judges for the District of Delaware. Connolly and Noreika will fill the two vacancies resulting from the retirements of Judges Sue L. Robinson and Gregory M. Sleet.

The confirmations, announced via the Senate's website (found here), restore the District Court to a full bench of judges.  More ›

Case Spotlight: TCV VI, L.P. v. TradingScreen Inc.

Case Spotlight: TCV VI, L.P. v. TradingScreen Inc., 2018 WL 1907212 (Del. Ch. Apr. 23, 2018) (Laster, V.C.)

Philippe Buhannic is a founder of TradingScreen Inc. (the “Company”) and was formerly its CEO and Chairman of the Board. His brother, Patrick Buhannic, was also formerly a director of the Company. In 2014, plaintiffs filed this action alleging that defendants had breached their fiduciary duties when determining how much of plaintiffs’ preferred stock to redeem. Morris, Nichols, Arsht & Tunnell LLP (“Morris Nichols”) represented all defendants through trial, including Philippe and Patrick (together, the "Buhannics"); however, during settlement negotiations, it became clear that the Buhannics were adverse to the other defendants. In response, Morris Nichols withdrew as counsel to the Buhannics and advised the defendants that it could not participate further in the settlement negotiations. More ›

Delaware Super Lawyers® 2018 Recognizes 10 Morris James Attorneys

Posted In News

Delaware Super Lawyers® magazine has recognized five Morris James partners as top legal counsel in Delaware and five "Rising Stars®" attorneys. "Rising Stars®” is a recognition for lawyers who are 40 or under, or who have been practicing for 10 years or less. 

Super Lawyers® selects outstanding lawyers from more than 70 practice areas throughout the United States who have attained a high degree of peer recognition and professional achievement. The selection process includes independent research, peer nominations, and peer evaluations. Only the top five percent of attorneys in each state are honored as Super Lawyers in this annual list, and the Rising Star selection is limited to only 2.5 percent of eligible attorneys, according to Super Lawyers’ website.

Morris James attorneys recognized on the 2018 Delaware Super Lawyers® list are:

Business Litigation:
P. Clarkson Collins
Jason C. Jowers
Lewis H. Lazarus
Edward M. McNally 

Employment and Labor:
David H. Williams 

Business Litigation Rising Stars:
Meghan A. Adams
Albert J. Carroll
Bryan Townsend
Patricia A. Winston 

Medical Malpractice Rising Stars:
Joshua Meyeroff

Chambers USA: America's Leading Lawyers for Business Recognizes 15 Morris James Lawyers and Issues 5 Firm Practice Rankings in the 2018 Edition

Posted In News

Thirteen Morris James partners have been named leaders in their respective fields by Chambers USA, and two additional partners were named “recognized practitioners” in Delaware for Corporate/M&A: Alternative Entities.  Morris James also received five practice recognitions.  

Recognitions:

Chancery**
Clarkson Collins Jr.
Lewis H. Lazarus
Edward M. McNally

Bankruptcy/Restructuring**
Brett D. Fallon
Carl N. Kunz III
Stephen M. Miller

Corporate/M&A: Alternative Entities
Ross Antonacci*
Lewis Ledyard*

Real Estate**
John M. Bloxom IV

Real Estate & Zoning/Land Use
Kimberly Hoffman

Labor & Employment**
James H. McMackin III
David H. Williams

Intellectual Property**
Kenneth Dorsney
Richard K. Herrmann
Mary B. Matterer

 * Recognized Practitioner
** Recognized Practice Areas

Ryan Keating Contributes to Bloomberg Law on Delaware Data Breach Compliance

Posted In Data Breach, News

Ryan T. Keating was quoted in the Bloomberg Law article, "Delaware Ramps Up Data Breach Compliance Mandates," regarding the impact of the new statute.

"The most significant change in the new statute, which updates the state’s 2005 data breach notification law, is that companies are required to “implement and maintain reasonable procedures and practices” to prevent data breaches, Ryan Keating, a member of Wilmington, Del.-based Morris James LLP’s data privacy and information governance group, told Bloomberg Law.

The amended statute does not offer guidance on what constitutes “reasonable” security, so companies developing security programs “would be wise to consider security standards published by NIST and other organizations,” Keating said, referring to the Commerce Department’s National Institute of Standards and Technology."

To view the full article, click here.

Case Spotlight: In Re ExamWorks Group, Inc. Stockholder Appraisal Litig.

Case Spotlight: In Re ExamWorks Group, Inc. Stockholder Appraisal Litig., 2018 WL 1008439 (Del. Ch. Feb. 21, 2018) (Laster, V.C.)

ExamWorks Group, Inc. (the “Company”) is a Delaware corporation with its principal place of business in Atlanta, Georgia.  In 2010, the Company completed an initial public offering.  In 2016, it entered into a merger agreement with affiliates of Leonard Green & Partners, L.P.  After the announcement of the merger, petitioners perfected their appraisal rights seeking a judicial determination of the fair value of their interest in the Company.  During the proceedings, the Court of Chancery appointed two firms as Co-Lead Counsel.  The parties agreed on a schedule for the action, which included discovery, and the Court approved the schedule by order. More ›

Morris James Welcomes New Director of Client Relations

Posted In News

SheikerMorris James LLP, a leading multidisciplinary law firm in Delaware, announced that Dawn V. Sheiker will join the firm in April as its Director of Client Relations. “This new position was developed to focus directly on enhancing client services,” stated Managing Partner Keith Donovan.

As the Director of Client Relations, Dawn will be responsible for developing and overseeing the firm’s client relations for this multi-office law firm. She will work proactively with department and practice area chairs and in coordination with all members of the marketing and executive committees. Her focus will be primarily on providing executive level support for the firm’s client feedback, client teaming, and general business development initiatives.

“We are dedicated to providing innovative and effective ways to serve the needs of our clients and community. Dawn’s talent and expertise will allow us to build upon this core concept and increase the sophistication and quality of service we are providing nationally and locally,” commented Keith Donovan.

Dawn brings with her more than 10 years of experience in law firm marketing and business development, including working for the past five years for an Amlaw 200 firm. Dawn Chaired the Legal Marketing Association Northeast, Philadelphia Steering Committee in 2017 after serving as President-Elect in 2016.  She also served as the association’s Treasurer in 2015 after Co-Chairing its Finance Committee in 2014. Dawn obtained an MSc in Applied Social Research from the University of Dublin, Trinity College in 2008.  She graduated with an MS in Administration of Justice from Wilmington University in 2006 after receiving her BS, cum laude, from Wilmington University in 2004.

“I am thrilled to be joining the Morris James team. The firm is well known for its national and local practices, and this provides a huge opportunity to work with a dynamic firm in its continued growth and in support of exceptional client service,” said Dawn V. Sheiker.

Ed McNally and Albert Carroll Distinguished as Two of the Top Ten M&A Authors on JD Supra

Posted In News

Readers' Choice JD SupraMorris James is pleased to announce Edward M. McNally and Albert J. Carroll have been recognized in JD Supra’s annual Readers’ Choice Awards for their thought leadership and visibility in the category of Mergers and Acquisitions. 

The annual Readers’ Choice Awards reflects a deep dive into the JD Supra 2017 readership data. Emerging from a pool of over 1750 writers on M&A and related topics, Mr. McNally and Mr. Carroll have been distinguished as two of the top-ten authors in this category. More ›

New Delaware Breach Notification Law Will Require Diligent Preparation and Education

Posted In Articles

On August 17, 2017, Delaware Governor John Carney signed into law HB 180, completing an update to a nearly 12-year old breach notification statute that had little teeth, and no enforcement.  The new law, which applies to “Any person who conducts business in this State and owns licenses or maintains personal information”  requires that such person “implement and maintain reasonable procedures and practices to prevent the unauthorized acquisition, use, modification, disclosure or destruction of personal information collected or maintained in the ordinary course of business.”  The law contains substantive provisions that will require significant preparation and education before it becomes effective on April 14, 2018. More ›

Ian McCauley Participates in Panel Discussion at LegalTech

Posted In Events, News

Morris James Partner Ian D. McCauley will participate in a panel discussion titled “Forecast Calls for Cloud Computing” at LegalTech in New York on January 30, 2018.  The panel will focus on best practices in embracing defensible and efficient cloud solutions. More ›