Benchmark Litigation
Selects Ross Aronstam & Moritz as Delaware Firm of the Year for the Fourth Time in Five Years
The Legal 500 US
Again Recognizes Ross Aronstam & Moritz and Its Lawyers as Among the Top Nationwide for M&A Litigation
Chambers USA
Again Ranks Firm Band 1 for Court of Chancery Litigation; Recognizes Firm’s Attorneys As Leading Chancery Litigators and National Trial Lawyers
Our firm, together with Hogan Lovells US LLP, represented private equity investor Palisades Growth Capital in a highly expedited litigation to invalidate deceptive Board actions taken by a director and former CEO at Palisades’ portfolio company, QLess, and to determine control of QLess following the deception. On March 26, 2020, the Court of Chancery issued a post-trial decision invalidating the challenged Board actions as inequitable under
Schnell
and returning control of QLess to its state prior to the actions. That ruling was subsequently affirmed by the Delaware Supreme Court on January 15, 2021.
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