News Archive

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.

Wilmington, DE (June 15, 2016) - Morris, Nichols, Arsht & Tunnell LLP has been ranked as a leading M&A law firm in The Legal 500 United States 2016. Now in its tenth edition, the U.S. guide organizes various practice areas into a single national ranking to highlight firms with a national presence in sophisticated and complex matters.

A coalition of states has filed a lawsuit against Delaware challenging the state’s collection of more than $150 million of unclaimed money orders in the United States Supreme Court. Morris Nichols partner Michael Houghton spoke with The News Journal regarding potential effects for the First State in the article entitled, “Money Order Lawsuit Could Impact State Budget.” Mike has advised Fortune 500 companies and others on unclaimed property issues for more than 25 years. He is co-chair of the Uniform Laws Commission Drafting Committee to Revise the Uniform Unclaimed Property Act.

Wilmington, DE (June 8, 2016) - Eric Schwartz, Morris Nichols Business Reorganization & Restructuring Group partner, will speak at the TerraLex Bankruptcy/Insolvency Practice Group 2016 European Meeting in Budapest, Hungary on June 10, 2016.   He will speak from a U.S. perspective on “How decreasing interest rates in the long run may impact the lending market and liquidity of debtors.  How lenders’ work outs prepare for such lending risks.”

Wilmington, DE (May 31, 2016) - Intellectual Asset Management (“IAM”) has released the fifth edition of IAM Patent 1000 - The World’s Leading Patent Professionals. The 2016 guide pronounces Morris, Nichols, Arsht & Tunnell LLP a “patent litigation powerhouse” and ranks the firm in its highest, Gold band on the Delaware rankings table.