- In Corwin v. KKR Financial Holdings LLC, No. 629, 2014 (Del. 2015), the firm, together with Wachtell, Lipton, Rosen & Katz, represented KKR Financial Holdings LLC and its directors in obtaining dismissal of stockholder litigation challenging an approximately $2.6 billion merger with KKR & Co. LP. The Delaware Supreme Court upheld the dismissal on appeal.
- Our firm, together with Weil, Gotshal & Manges LLP, successfully represented affiliates of Kinder Morgan, Inc. in an appeal from a post-trial decision by the Court of Chancery that held the defendant liable to unaffiliated master limited partnership investors for $171 million. On appeal, the Delaware Supreme Court held that the claims were owned by the partnership entity, and that as a result the plaintiff had lost standing following the partnership’s acquisition by Kinder Morgan. Accordingly, the Supreme Court reversed the $171 million judgment in its entirety.
Corporate and Complex Commercial Litigation
Ross Aronstam & Moritz is focused on corporate and other complex commercial litigation in the Court of Chancery and other State and Federal courts in Delaware. Our litigation portfolio includes contests for corporate control, “busted deal” cases, alternative entity litigation, defense of corporations, directors, and officers against putative class actions brought by stockholder plaintiffs, and special statutory proceedings. Ross Aronstam & Moritz attorneys also have substantial experience with complex commercial and intellectual property litigation, as well as high-profile family trust disputes. Our experience in these disputes enables us to handle all stages of such matters, from pre-filing counseling through trial and appeal.