Draft:Potter Anderson & Corroon
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| Headquarters | Wilmington, Delaware |
|---|---|
| No. of offices | 1 |
| Major practice areas | Corporate law, Bankruptcy law, General litigation, Corporate transactions, Intellectual property |
| Date founded | 1826 |
| Founder | Andrew C. Gray |
| Company type | Limited liability partnership |
| Website | https://www.potteranderson.com/ |
Potter Anderson & Corroon, LLP (Potter Anderson) is an American law practice based in Wilmington, Delaware. Founded in 1826, Potter Anderson is one of the oldest continuously operating firms in the United States. It was known as Ward & Gray from 1881 to 1981. Durings its history, the firm has been involved in a number of cases important to the Delaware Court of Chancery, Delaware corporations, and Corporate law. Chambers USA has consistently ranked the firm as a Band 1 firm for Chancery practice.[1]
Potter Anderson maintains Corporate and Commercial Practice in the Delaware Court of Chancery, an annually updated treatise on Chancery litigation practice often referred to as "Wolfe and Pittenger",[2] and Symonds & O'Toole on Delaware Limited Liability Companies, a treatise on alternative entities in Delaware practice.[3]
Potter Anderson's offices are located at Hercules Plaza, former headquarters of Hercules Inc.
History
[edit]The firm now known as Potter Anderson was founded in Wilmington, Delaware in 1826 by Andrew C. Gray.[4][5]
In 1935, Clarence A. Southerland of Potter Anderson defended Delaware in New Jersey v. Delaware.
In 1939, Potter Anderson represented the complainant in the seminal corporate law case Guth v. Loft.[6]
Potter Anderson, with Fried Frank as co-counsel, represented Forstmann Little & Company in the landmark 1986 hostile takeovers case Revlon, Inc. v. MacAndrews & Forbes Holdings, Inc.[7][8]
Potter Anderson represented Sanford Litvack in the 2005 case In re Walt Disney Co. Derivative Litigation,[9][10] which is the leading case on executive compensation under Delaware law.
In 2018, Potter Anderson elected Kathleen Furey McDonough as chair, becoming the first major Delaware firm to be led by a woman.[11]
Potter Anderson represented Twitter's board during the acquisition of Twitter by Elon Musk.[12]
Notable attorneys
[edit]- Myron T. Steele (current)
References
[edit]- ^ "Chancery in Delaware Legal Rankings". Retrieved 17 December 2024.
- ^ "Corporate and Commercial Practice in the Delaware Court of Chancery". Potter Anderson & Corroon. Retrieved 17 December 2024.
- ^ "Symonds & O'Toole on Delaware Limited Liability Companies". Potter Anderson & Corroon. Retrieved 17 December 2024.
- ^ "Potter Anderson & Corroon: About the Firm". Vault.Com. Retrieved 17 December 2024.
- ^ Quillen, William (2001). Potter Anderson & Corroon: An American Law Practice. Potter Anderson & Corroon.
- ^ "Guth v. Loft, Inc., 5 A.2d 503, 510 (Del. 1939)". Casetext. Thomson Reuters.
- ^ "Revlon, Inc. v. MacAndrews & Forbes Holdings, 506 A.2d 173 (Del. 1986)". Justia. Retrieved 17 December 2024.
- ^ "Potter Anderson & Corroon LLP: About the Firm". Vault. Retrieved 17 December 2024.
- ^ "In re Walt Disney Co. Derivative Litigation, 906 A.2d 27 (Del. 2006)". Casetext. Thomson Reuters. Retrieved 17 December 2024.
- ^ "Potter Anderson & Corroon LLP: About the Firm". Vault. Retrieved 17 December 2024.
- ^ Fishman, Margie (25 January 2018). "First woman tapped to lead major Delaware law firm". Delaware Online. Retrieved 23 December 2024.
- ^ Conger, Kate (October 29, 2022). "Silicon Valley's Elite Get Dragged Into Musk-Twitter Trial". The New York Times. ISSN 0362-4331. Archived from the original on August 29, 2022. Retrieved December 17, 2024.