Chancery: Mainly Plaintiff

About

Provided by Bernstein Litowitz Berger & Grossmann LLP

BLB&G is the preeminent law firm prosecuting corporate governance and shareholder rights cases in the Delaware Court of Chancery. BLB&G's Corporate Governance department advises and represents clients that wish to exercise a more assertive voice with corporate boards regarding governance and accountability to shareholders. The department specializes in prosecuting fiduciary duty actions against boards of directors, senior executives, and controlling shareholders who engage in corporate misconduct.

BLB&G was among the first law firms ever to obtain meaningful corporate governance reforms through litigation and has consistently used governance litigation to assist clients in protecting their investments for their beneficiaries. One of BLB&G’s five national offices is in Delaware, where many cases involving mergers and acquisitions, board oversight, and shareholder voting rights are litigated.

The firm's capabilities in this area are exemplified by landmark cases that have achieved substantial financial recoveries and corporate governance reforms. Recent highlights include securing a historic corporate governance trial victory in Delaware Chancery Court rescinding Elon Musk’s $55 billion Tesla compensation package and securing a $350 million post-trial judgment against TC Energy in connection with TC Energy’s acquisition of Columbia Pipeline Group—the largest shareholder verdict involving Revlon claims in history. 

BLB&G's Delaware office is headed by Partner Greg Varallo.