Chancery

About

Provided by Ballard Spahr LLP

Ballard Spahr's Delaware Chancery Court group has a national reputation for advising businesses and litigating business entity disputes in the Delaware Chancery Court and other fora. We advise companies and their officers and directors on every type of securities and corporate governance claim—from derivative actions, shareholder class actions, and special committee representations to the more arcane issues falling under Delaware’s corporate and business entity statues. We represent clients during challenges to mergers, acquisitions, and financing transactions as well as takeover battles, proxy contests, and changes of control.

Our team has the experience to understand the nuances of Delaware law and to anticipate how Chancery Court judges will react to claims, defences, fact patterns and tactical decisions.  That insight is integral for Delaware entities and translatable to non-Delaware matters. Our attorneys have played a leading role in state court cases involving cutting-edge corporate governance issues.

Our group is particularly known for litigating complex disputes involving business entity valuation. The team regularly represents the fund that pioneered the investment strategy known as “appraisal arbitrage” - buying into targets of announced mergers in order to pursue the statutory right receive “fair value” as determined by the Court in lieu of the merger consideration.