In re CBS Corporation Litigation, C.A. No. 2018-0342-AGB
The Firm, together with Wachtell, Lipton, Rosen & Katz and Weil, Gotshal & Manges LLP, represented CBS and several of its directors and members of management in litigation with its controlling stockholder, National Amusements, Inc., arising out of the CBS Board's decision to issue a dividend that would dilute National Amusement's voting interest from approximately 79% to approximately 20%.
The case settled following intensive expedited discovery.