Skadden, Arps, Slate, Meagher & Flom LLP
Edward B. Micheletti has represented clients in significant deal litigation matters in Delaware for more than a decade at both the trial court and appellate levels. From Omnicare and Toys “R” Us, to more recent high-profile wins for Activision, CME Group and Lyondell/Basell, he has successfully handled deal litigation worth nearly $400 billion in total over the last four years alone. In 2011, Mr. Micheletti was one of five attorneys named to the securities section in Law360’s list of “Rising Stars” and he was selected as one of the “40 Under 40” by The M&A Advisor. He was included inThe Best Lawyers in America 2013 and 2014. Mr. Micheletti also is the co-author of the treatise, Mergers and Acquisitions Deal Litigation Under Delaware Corporation Law.
In a contentious battle, Mr. Micheletti handled arguments at every stage of litigation for Activision in connection with its $18.9 billion transaction with Vivendi, S.A. Mr. Micheletti convinced the Delaware Court of Chancery to deny a request by Activision stockholders to enjoin the transaction and, as a result, the transaction was completed as expected. Mr. Micheletti then won the complete dismissal of the plaintiff’s complaint, which sought money damages against the Activision board members, following oral argument on Activision’s motion to dismiss. The plaintiff appealed and Mr. Micheletti convinced an en banc panel of the Delaware Supreme Court to affirm the Court of Chancery’s dismissal ruling.
Mr. Micheletti’s experience also extends beyond deal litigation in Delaware. He frequently handles securities and complex commercial litigation in state and federal courts around the country involving corporate and securities law claims, breach of contract and other commercial disputes, subprime lending, stock option backdating, insurance law and escheat law. He also has extensive experience in trial and appellate courts, including in the Delaware Court of Chancery and Delaware Supreme Court.
He currently is representing Novell, Inc.; Playboy Enterprises, Inc.; J. C. Penney Company, Inc.; and Yahoo! Inc. in various litigation matters.
Mr. Micheletti also has represented clients in litigation arising out of numerous transactions, including:
Mr. Micheletti has extensive experience with the Delaware General Corporation Law. He also has written numerous articles on Delaware Corporation Law issues and frequently participates on committees that have drafted important amendments to the Delaware General Corporation Law.
Notably, Mr. Micheletti’s January 2011 M&A Lawyer article, “The Rise and (Apparent) Fall of the Top-Up Option ‘Appraisal Dilution’ Claim,” was cited by Delaware Court of Chancery Vice Chancellor J. Travis Laster in an opinion issued in Joanne Olson v. ev3, Inc. (Feb. 21, 2011). His 2012 Delaware Journal of Corporate Law article “Multi-Jurisdictional Litigation: Who Caused This Problem, and Can It Be Fixed?” also was cited by Delaware Court of Chancery Chancellor Leo E. Strine, Jr. in a joint opinion issued in Boilermakers Local 154 Retirement Fund and Key West Police & Fire Pension Fund v. Chevron Corporation and ICLUB Investment Partnership v. FEDEX Corporation(June 25, 2013).