President: Gregory V. Varallo
Number of directors: 71 Number of other lawyers: 91
Richards, Layton & Finger, Delaware’s largest law firm, has been committed from its founding to helping sophisticated clients navigate complex issues and the intricacies of Delaware law. The firm has participated in many of the ground-breaking cases defining Delaware corporate law, and its lawyers have long played crucial roles in drafting and amending the state’s influential business statutes. Clients — including local businesses, global law firms, and Fortune 500 companies — count on the firm’s exceptional service and deep, practical understanding of Delaware law.
Main Areas of Practice:
Bankruptcy & Corporate Restructuring
Corporate Trust & Agency Services
Labor & Employment
Tax/Trusts & Estates
Richards Layton’s corporate advisory group is renowned for its skill in counseling Delaware corporations and boards of directors in both ordinary and extraordinary corporate transactions and matters of corporate governance. The firm’s lawyers have a nuanced understanding of the law, making Richards Layton the firm of choice when national and international institutions need local counsel. Richards Layton has served as Delaware counsel on the most M&A deals valued at or above $100 million for over 20 years.
The firm’s corporate litigators have been involved in many of Delaware’s ground-breaking cases involving fiduciary duties, corporate governance, mergers and acquisitions, and other aspects of corporate practice. They regularly handle complex litigation involving high stakes and novel issues of law. Serving on the rules committee of the Delaware Court of Chancery and the Delaware Supreme Court and on the committee that reviews Delaware’s corporate code, Richards Layton attorneys have extraordinary insight into Delaware’s laws, judges, and court procedures.
Bankruptcy & Corporate Restructuring:
Richards Layton is a leader in bankruptcy practice in the Mid-Atlantic region, with a reputation as counsel of choice in high-value bankruptcy and restructuring cases in Delaware. Respected bankruptcy firms throughout the country regularly tap Richards Layton to serve as their co-counsel in many of the largest and most complex bankruptcy cases filed in the state. The firm also serves as lead counsel in all aspects of chapter 11 cases, representing debtors, secured creditors, creditors’ committees, acquirers, investors, and other key parties from nearly every business sector.
Richards Layton has Delaware’s largest and most active alternative entities practice, and offers authoritative advice on a wide variety of transactional matters involving Delaware limited liability companies, limited partnerships, and general partnerships. Acknowledged pioneers in alternative entities law, the firm’s attorneys were actively involved in drafting Delaware’s three LLC and Partnership Acts.
Richards Layton litigates dozens of patent cases in the Delaware District Court, one of the leading venues for IP litigation in the US. The firm’s lawyers are nationally recognized for tackling some of the most difficult IP disputes to emerge in that influential court.
Richards Layton’s litigators handle a wide range of business, fiduciary, contract, lender liability, and other commercial disputes in the state and federal courts, including appellate courts. They also have substantial experience with arbitrations and mediations.
Corporate Trust & Agency Services:
With Delaware’s largest and most experienced corporate trust practice, Richards Layton serves as one of the world’s leading advisors on the use of statutory and common law trusts in business transactions. The firm’s attorneys have played key roles in drafting the Delaware Statutory Trust Act and its amendments.
Advising companies facing challenging environmental issues, Richards Layton secures permits, addresses compliance matters, negotiates with state and federal agencies, and works with regulators to assist clients with sensitive projects.
Richards Layton lawyers have the skill and knowledge to handle complex, sophisticated business transactions. Practicing across a wide range of transactional and regulatory law disciplines, they provide authoritative guidance regarding Delaware’s business statutes and contracts governed by Delaware law.
Richards Layton is nationally recognized and locally valued for leadership in commercial property transactions. From acquisition and approvals, through financing and construction, to project lease, sale, and purchase, the firm’s real estate lawyers provide a nuanced, practical approach to getting deals done.
Labor & Employment:
Richards Layton offers employers of all sizes customized solutions to ensure compliance with national and state labor laws, minimize conflicts with employees, and maximize strategic advantages in employment law disputes.
Tax/Trusts & Estates:
The firm advises prominent financial institutions, trust companies, and high net worth individuals on tax strategies, fiduciary matters, and sophisticated estate planning, providing customized solutions that reflect the unique advantages of Delaware law.