News Archive

Morris Nichols partner Todd Flubacher recently spoke with The Financial Times in an article titled, “Why Directed Trusts Can Be Effective in Asset Management.”  In his Delaware trust law practice, Todd finds the “overwhelming majority” of his cases involve directed trusts.

Wilmington, DE (March 7, 2017) - Lex Machina has released its 2016 Patent Litigation Year in Review report. Using data compiled via Lex Machina’s Legal Analytics® platform, the fourth annual study analyzes filing trends, key decisions and timing to key events, as well as settlement rates, damages and other U.S. patent litigation data over the past year.

Wilmington, DE (March 1, 2017) - INSOL International published the Special Report titled “Office-holder Remuneration: Some International Comparisons” by Eric Baijal of BBM Solicitors, Scotland with country chapters provided by 14 individual contributors. Eric Schwartz, Morris Nichols Business Reorganization & Restructuring Group partner, is the country contributor for the United States. The report analyses and compares the way in which 14 different jurisdictions around the world approach the common issue of office-holder remuneration. It draws on this analysis to find the positive and negatives of each approach, the common difficulties and the features that mark a fair, transparent and robust remuneration system.

On Thursday, February 9, Justice Randy J. Holland announced his retirement, ending a 30-year tenure of service on the closely-watched Delaware Supreme Court bench.

Wilmington, DE (February 6, 2017) - Morris Nichols successfully represented Terminal Investment Limited SARL (“TiL”) as lead counsel in its cross-border acquisition from Hanjin Shipping Co., Ltd. (“Hanjin”) of a controlling stake in Total Terminals International, LLC (“TTI”), a Delaware limited liability company which operates two marine terminals on the U.S. West Coast.  The complex deal successfully closed on February 1, 2017.

In an article titled, “Delaware Revamps Unclaimed Property After Lawsuits,” Morris Nichols partner Michael Houghton spoke with Bloomberg BNA about unclaimed property legislation enacted by Delaware Gov. John Carney on February 2, 2017. “This is an absolute and complete revision of the Delaware law,” he said. “The entire Delaware unclaimed program statute has been rewritten.”

Wilmington, DE (January 27, 2017) - Today, The M&A Advisor announced the winners of the 11th Annual Turnaround Awards. Morris, Nichols, Arsht & Tunnell LLP was recognized in two categories for restructuring work and for reorganization in the energy sector.

In an article published by The New Journal titled, “State Overhauling Unclaimed Property Law,” Morris Nichols partner and ULC drafting committee co-chair Michael Houghton described the legislation as a step in the right direction. “My view is that it is not perfect, but I don’t want perfect to be the enemy of the good,” Houghton said. “And it’s good in many respects.”

Wilmington, DE (January 3, 2017) - Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that Ryan Stottmann and Jeremy Tigan have been elected partners effective January 1, 2017. “We are delighted to welcome Ryan and Jeremy to the partnership and congratulate them on this significant career accomplishment,” said Rodger D. Smith II, chair of the firm’s executive committee.

Wilmington, DE (November 10, 2016) - The American College of Bankruptcy announced today that Morris Nichols partner Derek Abbott will be inducted as a Fellow of the 28th Class of the College on March 10, 2017 in Washington, D.C.

Wilmington, DE (November 1, 2016) - U.S. News - Best Lawyers® has once again ranked Morris, Nichols, Arsht & Tunnell LLP in its annual guide of the “Best Law Firms.” In the 2017 edition, the firm was selected for inclusion in the national category for “Litigation - Mergers & Acquisitions” as well as a diverse array of Delaware practice categories related to bankruptcy, corporate, intellectual property, and trust law.

Wilmington, DE (October 24, 2016) - Benchmark Litigation has released its 10th anniversary guide to the leading litigation firms in the United States. The 2017 publication again ranked Morris Nichols “Highly Recommended” for Delaware with Benchmark noting the firm’s reputation “one of the most respected presences in the Delaware legal market.”

Wilmington, DE (September 12, 2016) - Morris, Nichols, Arsht & Tunnell LLP partner Eric S. Klinger-Wilensky has been appointed chair of the American Bar Association’s Private Equity and Venture Capital Committee.

Wilmington, DE (August 15, 2016) - Thirty attorneys from Morris, Nichols, Arsht & Tunnell LLP were selected for inclusion in the 2017 edition of The Best Lawyers in America®.  The results are based on peer-review evaluations from more than 79,000 eligible attorneys.

Morris Nichols partner Michael Houghton spoke with Delaware State News and The News Journal regarding the consequences of the litigation and the settlement, noting this and other lawsuits challenging the state’s unclaimed property practices “continue to cast a real cloud over the Delaware program.”

Wilmington, DE (July 12, 2016) - Morris, Nichols, Arsht and Tunnell LLP (“Morris Nichols”) announced today that it, together with co-counsel Hogan Lovells US LLP, has served as chapter 11 bankruptcy counsel for KaloBios Pharmaceuticals, Inc., a Brisbane, California based development stage, biopharmaceutical company focused on advancing treatments for neglected diseases, in a highly successful reorganization and recapitalization of its business.  Batuta Capital Advisors LLC acted as the company’s financial advisor and the Brenner Group LLC provided interim financial management support.

Wilmington, DE (June 24, 2016) - Today, the inaugural edition of Chambers High Net Worth ranked Morris, Nichols, Arsht & Tunnell LLP as a Band 1 law firm in the Delaware category for Private Wealth Law.  Chambers HNW market sources touted the firm’s “very fine reputation as a leading Delaware firm,” with one commenter regarding the Morris Nichols Trusts, Estates & Tax team as “true experts” on Delaware trust law.