The Delaware Court of Chancery widely is recognized as the nation’s preeminent business tribunal. Its bench is among the most sophisticated in the country, possessing particular expertise in nuanced business matters. A forum of first resort for over 60% of the nation’s Fortune 500 business entities, the Court of Chancery is known for its prompt, efficient and balanced adjudication of business disputes.
Polsinelli’s robust business consulting and transactional practices not only have facilitated, but required, a litigation presence in Delaware. To meet this need, Polsinelli has assembled a team of seasoned Delaware business litigators, each active and visible in the Delaware State Bar and familiar with and to Delaware’s judicial officers. Polsinelli’s Delaware litigators represent not only Polsinelli’s deep bench of business clients, but also serve as primary counsel for business entities, stockholders, members, officers, trustees and trust beneficiaries, managers, directors, boards and board committees and legal and financial advisors located throughout the United States and abroad. These attorneys also serve as Delaware counsel in coordination with reputable regional, national and international law firms.
Polsinelli’s Delaware litigators have litigated or provided counsel on a variety of matters critical to clients’ business objectives, including:
- Direct, class, and derivative claims involving complex business transactions, corporate governance, securities, and special proceedings under the Delaware General Corporation Law and alternative entity laws
- Joint venture disputes
- Attempts to pierce the corporate veil
- Commercial contract disputes
- Business torts arising in the context of asset sale agreements and other business transactions
- Insurance coverage disputes
- Assisting transaction counsel in recommending and overseeing the implementation of procedural safeguards such as recusal, special committee processes, and disclosures in the context of change in control transactions
- Counsel in connection with internal investigations of possible director misconduct