David J. Teklits

Partner

(302) 351-9292 T
(302) 498-6212 F

David has been mentioned in The Legal 500 US for his M&A litigation work and also selected for inclusion in The Best Lawyers in America®.

David is a partner in the Corporate & Business Litigation Group.  His practice focuses on corporate and alternative entity litigation before the Delaware Court of Chancery with a particular emphasis on shareholder class and derivative actions, appraisal cases, and shareholder activism lawsuits.  In addition, David advises boards of directors and special committees of directors on all aspects of Delaware corporate law, including conflict transactions with controlling shareholders and directors, mergers and acquisitions, proxy and consent solicitations, and shareholder derivative demands.  He has been mentioned in The Legal 500 US for his M&A litigation work and also selected for inclusion in The Best Lawyers in America® for Delaware since 2008.

Representative Matters

  • Represented John Q. Hammons Hotels, Inc., its board of directors and Atrium LLC in a breach of fiduciary duty trial in the Court of Chancery.
  • Represented Cadbury Schweppes plc, The Carlyle Group L.P., and Dr Pepper Bottling Company of Texas in breach of fiduciary duty and appraisal trial in the Court of Chancery.
  • Represented CA, Inc. in a trial before the Court of Chancery involving a breach of contract claims against Ingres Corporation.
  • Represented Conflicts Committee of Crestwood Gas Services G.P., LLC in litigation challenging merger with Inergy Midsream L.P.
  • Represented Constellation Energy Partners LLC in Court of Chancery lawsuit challenging transaction with Sanchez Oil & Gas Corporation.
  • Represented Inergy, L.P. in Court of Chancery action challenging merger between Inergy, L.P. and Inergy Holdings, L.P.
  • Served as counsel to Icahn Associates and High River Limited Partnership in litigation brought against Hallwood Realty, LLC and its directors in connection with tender offer for all of the outstanding units of Hallwood Realty Partners L.P.
  • Represented Pan American Energy Corporation in jury trial in the Delaware Superior Court.
  • Represented Special Committee of Methode Electronics, Inc. in shareholder class action brought in the Delaware Court of Chancery challenging conflict transaction.
  • Served as counsel to the directors of eUniverse, Inc. in breach of fiduciary duty trial before the Delaware Court of Chancery.

News

Benchmark Litigation Recognizes Morris Nichols in 2017 Rankings

Wilmington, DE (October 24, 2016) – Benchmark Litigation has released its 10th anniversary guide to the leading litigation firms in the United States. The 2017 publication again ranked Morris Nichols “Highly Recommended” for Delaware with Benchmark noting the firm’s reputation “one of the most respected presences in the Delaware legal... Continue Reading

31 Morris Nichols Attorneys Listed in The Best Lawyers in America® 2017

Wilmington, DE (August 15, 2016) – Thirty attorneys from Morris, Nichols, Arsht & Tunnell LLP were selected for inclusion in the 2017 edition of The Best Lawyers in America®.  The results are based on peer-review evaluations from more than 79,000 eligible attorneys. Six firm attorneys earned “Lawyer of the Year” designations (noted... Continue Reading

The Legal 500 Recognizes Morris Nichols as a Leading M&A Law Firm

Wilmington, DE (June 15, 2016) – Morris, Nichols, Arsht & Tunnell LLP has been ranked as a leading M&A law firm in The Legal 500 United States 2016. Now in its tenth edition, the U.S. guide organizes various practice areas into a single national ranking to highlight firms with a national presence in sophisticated and complex... Continue Reading

Benchmark Litigation 2016 Ranks Morris Nichols Among Top Delaware Firms

Wilmington, DE (October 15, 2015) – Today, Benchmark Litigation unveiled its 2016 guide to the leading litigation firms in the United States. The publication again ranked Morris Nichols “Highly Recommended” for Delaware. Benchmark sources report, “When it comes to Delaware Chancery litigation, they are the best.” In addition to the... Continue Reading

30 Morris Nichols Attorneys Listed in The Best Lawyers in America® 2016

Wilmington, DE (August 17, 2015) – Thirty attorneys from Morris, Nichols, Arsht & Tunnell LLP were selected for inclusion in the 2016 edition of The Best Lawyers in America®. The results are based on peer-review evaluations from more than 79,000 eligible attorneys. Jack B. Blumenfeld was named the Best Lawyers® 2016... Continue Reading

Benchmark Litigation Recognizes Morris Nichols in 2015 Rankings

Wilmington, DE (September 24, 2014) – The 2015 edition of Benchmark Litigation recognizes  Morris, Nichols, Arsht & Tunnell LLP as a “Highly Recommended” law firm in Delaware.  The guide notes that Morris Nichols “has developed a national reputation as a leading general commercial litigation, bankruptcy, and... Continue Reading

28 Morris Nichols Attorneys Listed in The Best Lawyers in America® 2015

Wilmington, DE (August 18, 2014) – Twenty-eight attorneys from Morris, Nichols, Arsht & Tunnell were selected for inclusion in the 2015 edition of The Best Lawyers in America®. The results are based on peer-review evaluations from more than 50,000 attorneys. Two partners received special recognition as 2015 Delaware Lawyer of the... Continue Reading

Morris Nichols Attorneys Named to 2014 Best Lawyers in America - 60 Practice Specialty Selections; 22 Top-Listed Practice areas; 5 Delaware Lawyers of the Year

Wilmington, DE (August 21, 2013) – Morris Nichols is pleased to announce that two thirds of the firm's partnership have been selected for inclusion in the 2014 edition of The Best Lawyers in America.  The firm was noted for 60 individual specialty selections, 22 "Top-Listed" practice specialties, and five individual 2014 Delaware Lawyers... Continue Reading

Morris Nichols Tops Delaware in Benchmark Litigation 2013

Wilmington, DE (May 22, 2013) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that nine Morris Nichols’ attorneys and three practice areas have been selected as among the best in Delaware by the 2013 edition of Benchmark Litigation. Benchmark’s research included competitors who described Morris Nichols litigators... Continue Reading

28 Morris Nichols Attorneys Named to The Best Lawyers in America 2013

Wilmington, DE (August 31, 2012) – 28 Morris Nichols attorneys have been named to The Best Lawyers in America 2013 in twenty two practice areas. Morris Nichols lawyers were selected for outstanding reputations and distinguished work in their practice areas based on a confidential peer-review survey of the top attorneys in the country, according... Continue Reading