Directors and Officers Litigation

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Officers and directors, and the decisions they make, are under greater public and private scrutiny than ever before. When corporate management comes under attack, there is real value in having experienced trial attorneys available to counsel and defend. Our trial lawyers have an excellent record in defending corporate leaders in many kinds of industries and companies, both privately held and publicly traded.

Representative Matters

  • Defended the directors and officers of the Louisiana World's Fair in action by a creditors' committee for $120 million, and secured summary judgment dismissing the matter in federal district court.
  • Represented unsecured creditors' committee in connection with investigation of potential claims against former officers and directors of large coal company and subsidiaries with more than $150 million in debt.
  • Defended a sports radio network in action by shareholders and officers who alleged that a merger improperly forced them out of the company. Plaintiffs claimed their shares were worth several million dollars. Court dismissed plaintiffs' claims at trial.
  • Headed off approximately $10 million suit against officers and directors of sporting goods companies by creditors' committee. Case involved alleged breaches of duties of loyalty and care. Settled for payment of a nominal sum by client.
  • Defended the majority shareholder in a meat packing business in multi-million dollar litigation brought by minority shareholder (both individually and as a derivative action) for breach of fiduciary duty. Case was settled on favorable basis during trial.
  • Obtained favorable settlement on multi-million dollar claim by bankruptcy trustee against officers and directors of former internet auction company. Allegations included breaches of duties of loyalty and care, as well as corporate waste.
  • Negotiated favorable settlement in million dollar shareholder derivative action against the majority owner/president of a radio station for breach of fiduciary duty.
  • Defended officers and directors in multi-million dollar litigation brought by bankruptcy trustee alleging damages for breach of fiduciary duties and usurping corporate opportunity in connection with manufacturing company in Chapter 11.
  • Represented a major law firm in a multi-million dollar professional negligence claim arising from its role as counsel to a publicly traded company and its board.
  • Defended bank directors and officers who were sued for breach of fiduciary duty. Obtained dismissal of the case for client.
  • Served as court-appointed examiner to review potential litigation against former officers and directors of publicly held company in Chapter 11 proceedings.