- Seitz Ross represented American Reality Capital Properties in expedited litigation in the Court of Chancery to specifically enforce the terms of a $700 million equity purchase agreement by which an affiliate of RCS Capital Corporation agreed to purchase all of American Realty’s outstanding equity interests in companies comprising American Realty’s private capital management business.
- In UMB Bank v. Caesars Entertainment Corp., Seitz Ross, together with Quinn Emanuel Urquhart & Sullivan, LLP and Katten Muchin Rosenman LLP, represented UMB Bank, as indenture trustee for certain senior noteholders, in expedited litigation seeking the appointment of a receiver over Caesars' operating subsidiary based upon the alleged looting of billions of dollars in assets. After the Court granted expedition over defendants' objections, the senior creditors reached a favorable agreement with Caesars.
Corporate and Complex Commercial Litigation
Seitz Ross is focused on corporate and other complex commercial litigation in the Court of Chancery and other State and Federal courts in Delaware. Our litigation portfolio includes contests for corporate control, “busted deal” cases, alternative entity litigation, defense of corporations, directors, and officers against putative class actions brought by stockholder plaintiffs, and special statutory proceedings. Seitz Ross attorneys also have substantial experience with complex commercial and intellectual property litigation, as well as high-profile family trust disputes. Our experience in these disputes enables us to handle all stages of such matters, from pre-filing counseling through trial and appeal.