Court Relies on Analyses of Compass Lexecon Expert Professor Kenneth M. Lehn On August 14, 2023, Chancellor Kathaleen Saint Jude McCormick of the Delaware Court of Chancery ruled that the fair value of Pivotal Software, Inc. (“Pivotal”) shares was $14.83...

Supreme Court Repeatedly Cites and Quotes from Trial Testimony of Musk’s “Main Expert” Compass Lexecon President Professor Daniel R. Fischel On June 6, 2023, the Supreme Court of the State of Delaware upheld a ruling in favor of Compass Lexecon’s...

Delaware Vice Chancellor Rejects Conflict and Overpayment Claims in their Entirety On July 28, 2016, Oracle Corporation, a leading provider of application, platform, and infrastructure products and services, announced an acquisition of NetSuite Inc., a provider of cloud-based financials and...

Court Repeatedly Cites and Relies Upon Compass Lexecon President Professor Daniel R. Fischel’s “Credible” and “Persuasive” Testimony Following an 11-day trial in July 2021, Vice Chancellor Joseph R. Slights III of the Delaware Court of Chancery on April 27, 2022...

Compass Lexecon was retained in the first two cases decided following the Delaware Supreme Court's landmark decision in In re: Appraisal of Dell, Inc. (C.A. No. 9322-VCL). The courts in both cases reached fair value determinations below the respective deal...

Compass Lexecon President Professor Daniel R. Fischel leads Compass Lexecon Team This case stems from the 2007 acquisition of Lyondell Chemical Company by Basell AF S.C.A and the subsequent bankruptcy of the merged firm, LyondellBasell AF S.C.A ("LBI"), in January...

Compass Lexecon President Professor Daniel R. Fischel Testifies at Hearing This case involved a claim by Motiva Enterprises LLC ("Motiva") against the Bechtel-Jacobs CEP Port Arthur Joint Venture ("BJJV"), a joint venture between Bechtel Corporation ("Bechtel") and Jacobs Engineering Group...

In 2011, Puerto Rico Telephone Company, Inc. (PRTC) claimed that OneLink Communications violated antitrust laws by conducting “sham” litigation over a period of four years, which delayed PRTC’s entry and launch of Internet Protocol Television (IPTV) service in Puerto Rico....

In May 2016, Judge Andre Birotte, Jr. of the United States District Court for the Central District of California ruled in favor of The Boeing Company and Boeing Commercial Space Company and found S.P. Korolev Rocket and Space Corporation, Energia...

Compass Lexecon was retained by counsel for British Petroleum (BP) to analyze corporate governance issues and the economic implications of the magnitude of BP’s fines under the Clean Water Act (CWA) relating to the Deepwater Horizon oil spill. Compass Lexecon...

This matter involved a stockholder class and derivative action against certain current and former members of the Board of Directors (the “Board”) of Activision Blizzard, Inc. (“Activision” or the “Company”) , Activision’s former majority stockholder Vivendi S.A. (“Vivendi”), and certain...

In 2014, payment provider Square was sued by Robert Morley in the U.S. District Court for the Eastern District of Missouri, Eastern Division for patent infringement and breach of fiduciary duty. Morley claimed that he had worked with Square’s co-founders,...

Chrysler emerged from bankruptcy in 2009 and at the time, it issued membership interests to the United States Department of the Treasury, Fiat, and the UAW Retiree Medical Benefits Trust (the Trust), a health trust that was formed to provide...

Compass Lexecon experts Jon Orszag and Brad Cornell were retained by GeoEye as part of the regulatory review of its proposed merger with DigitalGlobe. GeoEye and Digital Globe were the only U.S. companies providing geospatial imagery to the U.S. government...

In 2008, VOOM HD, an affiliate of AMC Networks Inc. and a former unit of Cablevision Systems Corporation, sued Dish Network after Dish Network terminated a 15-year contract to carry VOOM HD's programming. Compass Lexecon's Senior Managing Director Jon Orszag...

Compass Lexecon affiliate David K.A. Mordecai testified on behalf of Zurich Re, a major reinsurance firm, in a multibillion dollar asbestos dispute with a bankruptcy trust. The dispute involved a complex arrangement which included excess of loss reinsurance, risk financing...

In 2006, Capital One Financial Corp acquired North Fork Bank for $13 billion. Pursuant to the acquisition, Capital One signed North Fork’s founder and CEO, John Kanas, and Vice Chairman John Bohlsen to employment agreements as senior executives. These agreements...

The Tribune Co. undertook a two-step reorganization in 2007. In the first step, a newly formed ESOP purchased a portion of Tribune’s outstanding common shares financed by $8 billion of borrowings. In the second step, the remaining common shares were...

In what has been called one of the largest settlements in a derivative action, Pfizer agreed to set aside $75 million to fund new compliance efforts at Pfizer, including the creation of a new Board-level committee. Compass Lexecon was retained...

Last Thursday, a federal court jury rejected a multi-billion dollar damage claim brought by Terra Firma, a British private equity firm, and returned a defense verdict on behalf of Citigroup, represented by Ted Wells, Jay Cohen, Jack Baughman and others...

After separate class action lawsuits filed in federal and New York state courts regarding the fairness of compensation provided to policyholders in the MetLife demutualization were certified, Compass Lexecon expert Michael Keable testified at deposition in both cases that the...

Compass Lexecon was retained by Boris Feldman, Gideon Schor, and Jennifer Lee of Wilson Sonsini Goodrich & Rosati on behalf of their client, The Facebook, Inc. Plaintiff and Facebook co-founder Eduardo Saverin moved in California court for a declaratory judgment...

We were retained in this case by Jim Denvir and William Jackson of Boies, Schiller & Flexner, LLP on behalf of their client, Genesco, in two separate highly expedited litigations related to the proposed acquisition of Genesco by Finish Line....