On March 25, 2014, Third Point LLC, a hedge fund run by shareholder activist Daniel Loeb, filed a lawsuit against the world’s oldest fine art broker and auction house Sotheby’s (the “Company”). Third...
Category: Firm Insight
On March 14, 2014, the Delaware Supreme Court issued an opinion in In re MFW Shareholders Litigation, No. 334, 2013 (Del. 2014) which answers the fundamental question as to which standard of review applies to a majority...
On November 4, 2013, in In re Jefferies Group, Inc. Shareholders Litigation, No. 8059-CS (Nov. 4, 2013), the Delaware Court of Chancery considered the latest iteration of the entire fairness standard. In this oral ruling...
Professionalism Is “Paramount” When litigating in Delaware, out-of-state counsel must always remember to conduct themselves with the utmost professionalism and candor when dealing with opposing counsel and witnesses. In...