Chancery: Mainly Plaintiff
USA Guide 2024 : Delaware
Band 2
Email address
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302 573 2540About
Provided by Labaton Keller Sucharow LLP
Labaton Keller Sucharow's breadth of experience in shareholder advocacy has taken us to Delaware, where we press for corporate reform through our Wilmington office. These efforts have already earned us a string of enviable successes, including the recent historic $1 billion cash settlement, just weeks before trial, for former Dell stockholders—the largest recovery prior to judgment ever achieved in a fiduciary duty action in the Delaware Court of Chancery, and a $79 million partial settlement between individual defendants, in addition to going to trial as to Plaintiffs’ remaining claims against former Columbia executives and TransCanada Corporation, n/k/a TC Energy, among others. Labaton Keller Sucharow’s Corporate Governance practice has had a record two years including taking three cases through trial, settling two cases right before trial, and multiple other settlements.
Chambers Review
Labaton Keller Sucharow is a well-respected presence at the plaintiffs' Bar, with particular strength in derivative actions and M&A disputes. It is noted for its impressive representation of institutional investors. The firm offers additional capabilities in corporate governance and shareholder rights. It handles challenging matters including misuse of corporate assets, breach of fiduciary duty and excessive executive compensation.
Work Highlights
- Labaton Keller Sucharow continued to act as co-lead counsel in a securities class action brought against Dell's controlling stockholders alleging breach of fiduciary duty in the course of a $14 billion share exchange transaction, achieving pre-trial settlement of $1 billion.
Strengths
Provided by Chambers
"Labaton is a tough adversary but always takes reasonable positions on behalf of its clients. The firm provides excellent service and responsiveness."
"Labaton is a tough adversary but always takes reasonable positions on behalf of its clients. The firm provides excellent service and responsiveness."
Notable Practitioners
As head of Labaton Keller Sucharow's practice, Ned Weinberger typically acts for plaintiffs in derivative and class actions, and offers well-rounded knowledge of corporate governance disputes.
"Ned is one of the top chancery litigators in the country."
"He is very good at choosing both the cases to bring and the arguments to make, and he has always thought out what his positions are going to be and how he is going to support them."
Ranked Lawyers at
Labaton Keller Sucharow LLP
Delaware
Members
Provided by Labaton Keller Sucharow LLP