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Davis Polk & Wardwell LLP’s litigators are sought after by corporates and their directors and officers in respect of stockholder challenges to mergers, following stock drops in the aftermath of corporate acquisitions and in breach of duty claims. The firm is also adept at handling suits pertaining to hostile takeovers, where they act for both targets and buyers. The practice’s New York-based leadership team consists of Andrew Ditchfield, Brian Burnovski and Rory Leraris. Ditchfield and Burnovski both defended Kyocera Corporation in two shareholder actions, in which it was alleged it drove the value of AVX Corporation down before fully acquiring it. Leraris litigates a wide variety of cases for her clients, spanning shareholder derivative claims to securities matters.
Legal 500 Editorial commentary
Key clients
- Lucid Motors
- Atieva Inc.
Work highlights
- Won unanimous affirmance in the New York Court of Appeals of the dismissal of all claims brought against ExxonMobil in a breach of contract action arising out of its acquisition of InterOil.
- Secured the dismissal of a shareholder suit brought against MoneyLion.