Megan Ward Cascio

Lead counsel representing former director in successful suit for advancement of litigation fees for cross-claims brought by defendant company.  Kolokotrones v. Ninja Metrics, Inc.,2017 WL 6450451 (Del. Ch. Dec. 18, 2017)

Represented Special Committee of Directors and TradingScreen in litigation brought by preferred stockholder regarding redemption rights involving the issue of the company’s funds legally available to make redemptions.  TCV VI, L.P. et al. v. TradingScreen Inc. et al., A. No. 10164-VCL

Lead Counsel representing Kate Spade & Company in appraisal action related to Coach, Inc.’s acquisition of Kate Spade.  Settlement to resolve litigation. In re Appraisal of Kate Spade & Company, C.A. No. 2017-0714-AGB

Represented certain director defendants of Terraform Power, Inc. and Terraform Global, Inc. in two derivative actions brought by stockholders asserting breach of fiduciary claims related to actions involving controlling stockholder SunEdison, Inc.  The matters were resolved through a court approved settlement. In re Terraform Power, Inc. Derivative Litig., Ch., Consol. C.A. No. 11898-CB; Aldridge v. Blackmore et al. and Terraform Global, Inc.,Del. Ch. C.A. No. 12196-CB

Co-counsel representing acquiror, Grupo FerroAtlantica, S.A.U., in a challenge to the business combination involving Globe Specialty Metals, Inc.  Litigation resolved with deal modifications and court approved settlement. In re Globe Specialty Metals, Inc. Stockholders Litigation, Consol. A. No. 10865-VCG

Represented defendant in a trade secrets case involving benefits platform technology.  Successfully brought and defended several motions to compel prior to case settling.  SS&C Tech., Inc. and BenefitsXML Inc.  v. Liazon Corp.A. No. 9312-VCL

Represented inside officers and directors in derivative suit challenging company’s acquisition of two other companies.  In re Freeport-McMoRan Copper & Gold Inc. Derivative Litigation, C.A. No. 8145-VCN

Represented plaintiff seller in dispute regarding stock purchase agreement post-closing escrow dispute through successful settlement.  Macsteel Global B.V. v. Klockner USA Holding, Inc. (Del. Ch. 2013), C.A. No. 8838-VCL

Represented Tory Burch LLC in dispute regarding LLC agreement and breach of fiduciary duties. The litigation was resolved by settlement.  Christopher Burch, et al. v. Tory Burch, et al. (Del. Ch. 2012)

Representation of defendant in two litigations with member of LLC and involving master limited partnership, including a fiduciary duty suit and a stock list suit, which were successfully settled.  Massachusetts Institute of Tech. v. Wexford Capital LP, et al. (Del. Ch. 2012)

Represented holder of trust preferred stock of bank holding company in successfully obtaining an injunction after trial preventing merger of bank in violation of trust preferred stockholders’ rights.  In re BankAtlantic Bancorp., Inc. Litig.,39 A.3d 824 (Del. Ch. 2012)

Lead counsel representation of defendant in post-closing stock purchase agreement tax allocation provision dispute resolved through successful settlement.  Gibraltar Private Bank & Trust Co. v. Boston Private Fin. Holdings, Inc.(Del. Ch. 2011)

Co-lead counsel representing KFC Corp. in dispute with franchisee organization regarding rights and powers to control advertising pursuant to Cooperative’s charter.  KFC Nat’l Council and Advertising Coop. v. KFC Corp.,2011 WL 350415 (Del. Ch.)

Lead counsel representation of prevailing defendant through trial and appeal in seminal case addressing ability and requirements of corporation to redeem preferred stock pursuant to stockholders’ redemption right.  SV Inv. Partners, LLC v. ThoughtWorks, Inc.,7 A.3d 973 (Del. Ch. 2010), aff’d 37 A.3d 205 (Del. 2011)

Counsel for the major sports leagues and the NCAA in successfully challenging Delaware’s proposed sports betting scheme.  Office of the Commissioner of Baseball v. Markell,579 F. 3d. 293 (3d Cir. 2009)

Lead counsel for managing member and its independent board in breach of fiduciary duty suit which was successfully settled with approval of the Court of Chancery over significant objections by limited partners.  Forsythe, et al. v. ESC Fund Mgmt. Co. (U.S.) Inc. et al. (Del. Ch. 2007)

Co-lead counsel for acquiror claiming fraud and an MAE.  Case settled during trial, with the acquisition price being reduced by more than 10%.  Valassis Corp. v. ADVO, Inc.(Del. Ch. 2006)

Lead counsel of plaintiff in successfully obtaining judgment permitting it to exercise right of first refusal in connection with interests in a joint venture pipeline company.  Union Oil Co. of California v. Mobil Pipeline Co.,2006 WL 3770834 (Del. Ch.)