Fiduciary Duty Litigation Attorneys & Lawyers in Delaware DE

We have a robust practice involving the prosecution and defense of fiduciary duty claims relating to mergers and acquisitions, disclosures, mismanagement, self-dealing, usurped corporate opportunities, failure of oversight, bad faith, and aiding and abetting.

OUR TEAM

Our attorneys have received accolades from local and national organizations, including Chambers USA and Best Lawyers. We are respected by our peers in the legal community and among the Delaware bench. We count numerous Delaware judges and chancellors among our current attorneys and alumni. Our Corporate, Alternative Entity, and Fiduciary Litigation team includes a former Vice Chancellor of the Court of Chancery. Our attorneys have served on state court rule committees and the Delaware State Bar Association’s Council, which proposes legislation to the General Assembly to revise and enhance Delaware’s business statutes.

Team Leaders

Albert H. Manwaring IV

Partner

Albert J. Carroll

Partner

Representative Experience

Represented directors of mining corporation in derivative litigation arising out spin-off and merger, obtaining a dismissal under the Corwin doctrine

Defended directors of a biomedical company in a stockholder challenge to the fairness of down-round venture capital financing that diluted stockholder interests

Defended directors appointed by a private-equity fund in a stockholder challenge to the fairness of the company’s buy-out of the private-equity fund’s interest

Represented LLC members of publication business in an action against the manager and majority member for self-dealing and usurping corporate opportunities

Defended inside directors of a clinical-stage, biopharmaceutical company in stockholder derivative litigation challenging drug clinical-trial representations

Represented nominal defendant biotechnology company in derivative litigation concerning alleged failure of oversight and stock promotion efforts

Obtained Court of Chancery post-trial judgment, upheld in Delaware Supreme Court, in favor of a board of directors alleged to have violated fiduciary duties in a transaction with a majority stockholder

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