Commercial

The Commercial Law Counseling Group provides a wide array of commercial law services to Morris Nichols’ national, international and local clients.  Our attorneys have helped shape commercial law in Delaware and are recognized as leaders in their respective fields.  We handle a variety of complex transactions, including mergers, asset acquisitions and sales, joint ventures, financing and leasing transactions, bankruptcy-related transactions and business counseling, as well as the preparation of contracts of all types.  In addition, because Delaware law is often selected as the governing law for major national and international transactions, we work with both in-house and outside counsel in the structuring and documenting of such transactions.  We are also called upon regularly to provide third-party legal opinions relating to various matters, including financing transactions, fund formations, special-purpose entities, M&A closings and cross-border transactions.  The practice areas included within the Commercial Law Counseling Group include alternative entities, banking and financial services, governmental affairs, real estate and unclaimed property.

Attorneys

News

U.S. News – Best Lawyers Ranks Morris Nichols Among “Best Law Firms” in 2017 Guide

Wilmington, DE (November 1, 2016) – U.S. News – Best Lawyers® has once again ranked Morris, Nichols, Arsht & Tunnell LLP in its annual guide of the “Best Law Firms.” In the 2017 edition, the firm was selected for inclusion in the national category for “Litigation - Mergers & Acquisitions” as well as a diverse array of Delaware... Continue Reading

Morris Nichols Unveils Thought Leadership ePub Companions

Wilmington, DE (August 18, 2016) – Morris, Nichols, Arsht & Tunnell LLP, a leader in Delaware law, launched a series of Delaware legal practice ePublications.  Available for download on MNAT.com, the ePubs afford the reader convenient access via mobile device or desktop. “This is another example of how we are providing our clients and... 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

Michael Houghton Quoted in Delaware State News and The News Journal on Temple-Inland Settlement Impact on Delaware Unclaimed Property Program

On Friday, August 5, Delaware and Temple-Inland settled a lawsuit challenging the state’s collection of unclaimed money orders. Morris Nichols partner Michael Houghton spoke with Delaware State News and The News Journal regarding the consequences of the litigation and the settlement, noting this and other lawsuits challenging the state’s... 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

Michael Houghton Quoted in The News Journal on Multi-State Unclaimed Property Lawsuit Against Delaware in the United States Supreme Court

A coalition of states has filed a lawsuit against Delaware challenging the state’s collection of more than $150 million of unclaimed money orders in the United States Supreme Court. Morris Nichols partner Michael Houghton spoke with The News Journal regarding potential effects for the First State in the article entitled, “Money Order Lawsuit... Continue Reading

Chambers USA 2016 Ranks Morris Nichols Band 1 in Four Delaware Practice Areas; 25 Morris Nichols Attorneys Recognized Among the Best in Delaware

Wilmington, DE (May 27, 2016) – The 2016 edition of Chambers USA: America’s Leading Lawyers for Business again ranked Morris, Nichols, Arsht & Tunnell LLP as a Band 1 law firm in the Delaware categories for Bankruptcy/Restructuring, Chancery, Corporate M&A & Alternative Entities, and Intellectual Property. Twenty-five Morris... Continue Reading

17 Morris Nichols Attorneys Selected for Inclusion in 2016 Delaware Super Lawyers

Wilmington, DE (May 13, 2016) – Seventeen Morris Nichols attorneys have been selected for inclusion to the 2016 Delaware Super Lawyers list.  Jack B. Blumenfeld was named to the “Top 10” list for Delaware.  In addition, attorneys Eric S. Klinger-Wilensky, D. McKinley (Mac) Measley, Curtis S. Miller, and Matthew R. Clark were recognized as... Continue Reading

Don Parsons Q&A Featured in The Deal’s Corporate Control Alert

This month’s Corporate Control Alert features an in-depth Q&A interview with former Vice Chancellor and Morris Nichols senior counsel Donald F. Parsons, Jr.  Reflecting on his 12 years on the Chancery bench, Don discusses the Court’s evolving approach to M&A-related fiduciary duty litigation and several important cases from his tenure,... Continue Reading

Michael Houghton Quoted in The News Journal on SCOTUS Unclaimed Property Opinion

Morris Nichols partner Michael Houghton spoke with The News Journal about a recent U.S. Supreme Court discussion on unclaimed property which cited Delaware as an example of concerns with unclaimed property owner notifications.  Mike has advised Fortune 500 companies and others on unclaimed property issues for more than 25 years and is a member of... Continue Reading

Michael Houghton Quoted in BNA Weekly State Tax Report on Unclaimed Property Lawsuit

Morris Nichols partner Michael Houghton contributed comments to the BNA Weekly State Tax Report article entitled “Pennsylvania Sues Delaware, MoneyGram for $10.3 Million in Uncashed Checks.” Mike has advised Fortune 500 companies and others on unclaimed property issues for more than 25 years and told Bloomberg BNA the case is “extremely... Continue Reading

Morris Nichols Attorneys Admitted to Practice in Delaware

Wilmington, DE (March 2, 2016) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce three attorneys were sworn-in to the Delaware bar on Wednesday, March 2, 2016. “We are delighted to welcome these talented Morris Nichols attorneys to the Delaware bar,” said hiring partner Megan Ward Cascio. Morris Nichols Attorneys Sworn-In... Continue Reading

Vice Chancellor Donald F. Parsons, Jr. Joins Morris Nichols

Wilmington, DE (February 17, 2016) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that former Vice Chancellor Donald F. Parsons, Jr. will be joining the firm as Senior Counsel in March 2016. Vice Chancellor Parsons retired from the Delaware Court of Chancery in October 2015. During his tenure on the bench, Vice Chancellor... Continue Reading

Morris Nichols Elects Mac Measley, Andrew Remming, Jason Russell as Partners; Karl Randall as Special Counsel

Wilmington, DE (January 4, 2016) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that Mac Measley, Andrew Remming and Jason Russell have been elected partners, and that Karl Randall has been promoted to special counsel, effective January 1, 2016. “We are proud to congratulate Mac, Andrew, Jason, and Karl on reaching these... Continue Reading

Morris Nichols Increases Associate Salaries to $160,000

Wilmington, DE (December 14, 2015) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that the firm’s starting salary for first-year Associates will increase from $145,000 to $160,000, effective January 1, 2016.  “We are proud to be a consistent market leader here in Delaware,” said hiring partner Megan... Continue Reading

Morris Nichols Associates Admitted to Practice in Delaware

Wilmington, DE (December 9, 2015) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce six attorneys were sworn-in to the Delaware bar on Wednesday, December 9, 2015.   “We are proud to congratulate this talented group of new attorneys,” said hiring partner Megan Ward Cascio.  “Their impressive academic performance and... Continue Reading

U.S. News – Best Lawyers Recognizes Morris Nichols in 2016 “Best Law Firms” Guide

Wilmington, DE (November 2, 2015) – U.S. News – Best Lawyers® has once again ranked Morris, Nichols, Arsht & Tunnell LLP in its annual guide of the “Best Law Firms.” In the 2016 edition, the firm was selected for inclusion in a diverse array of bankruptcy, corporate, intellectual property, and trust law practice areas in Delaware. 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

Michael Houghton Quoted in BNA’s Daily Tax Report on Delaware Unclaimed Property Reform

Morris Nichols partner Michael Houghton was quoted in the BNA Daily Tax Report article entitled “Delaware Governor Signs Legislation to Overhaul Unclaimed Property Program.” He explains that the new law, signed by Delaware Gov. Jack Markell on July 22, 2015, implements two “earth-moving” changes—new and shorter audit... Continue Reading

The Legal 500 Ranks Morris Nichols as a Leading M&A Firm in the United States

Wilmington, DE (June 3, 2015) – Morris, Nichols, Arsht & Tunnell LLP has been ranked as a leading M&A law firm in The Legal 500 United States 2015. Now in its ninth edition, the U.S. guide organizes various practice areas into a single national ranking. “Only a small number of firms in the United States have a truly national... Continue Reading

Chambers USA 2015 Ranks 23 Morris Nichols Attorneys and 4 Practice Groups Among the Best in Delaware

Wilmington, DE (May 19, 2015) – The 2015 edition of Chambers USA: America’s Leading Lawyers for Business ranked Morris, Nichols, Arsht & Tunnell LLP as a Band 1 law firm in the Delaware categories for Bankruptcy/Restructuring, Chancery, Corporate M&A & Alternative Entities, and Intellectual Property. Twenty-three... Continue Reading

16 Morris Nichols Attorneys Selected for Inclusion in 2015 Delaware Super Lawyers

Wilmington, DE (May 15, 2015) – Sixteen Morris Nichols attorneys have been selected for inclusion to the 2015 Delaware Super Lawyers.  Jack B. Blumenfeld was named to the “Top 10” list for Delaware.  In addition, attorneys Eric S. Klinger-Wilensky, Curtis S. Miller and Matthew R. Clark were recognized as 2015... Continue Reading

17 Morris Nichols Attorneys Selected For Inclusion in Super Lawyers- Delaware Edition 2014

Wilmington, DE (May 19, 2014) – 17 Morris Nichols attorneys have been selected for inclusion in Super Lawyers - Delaware Edition 2013. Jack Blumenfeld and A. Gilchrist Sparks, III, were named to the Best of the Best Top 10 Delaware Super Lawyers list. In addition, attorneys Eric Klinger-Wilensky and Curtis Miller were recognized as 2014... Continue Reading

Chambers USA 2014 Names 21 Morris Nichols Attorneys and 4 Practice Groups as Best in Delaware

Wilmington, DE (May 23, 2014) – The 2014 edition of Chambers USA: America’s Leading Lawyers for Business today ranked twenty-one Morris Nichols’ attorneys and four practice groups as best in Delaware.  Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and reputations... Continue Reading

2014 Chambers USA Directory Ranks 21 Morris Nichols Attorneys as 'Leaders in their Field"

Wilmington, DE (March, 2014) – The Firm congratulates its 21 attorneys who will be included in the 2014 Chambers USA “Leaders in their Field” legal directory by Chambers & Partners. Several practices and lawyers are recognized in more than one area. Delaware A Gilchrist Sparks III, Chancery & Corporate /M&A Derek... Continue Reading

18 Morris Nichols Practice Areas Named in U.S. News/Best Lawyers 2014 Rankings of Best Law Firms in Delaware

Wilmington, DE (November 1, 2013) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce its selection to the U.S. News & World Report/Best Lawyers 2014 “Best Law Firms” rankings for Delaware in the following 18 practice areas: Administrative/Regulatory Law Bankruptcy and Creditor Debtor Rights/Insolvency and... 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

Chambers USA 2013 Names 17 Morris Nichols Attorneys and 4 Practice Groups as Best In Delaware

Wilmington, DE (May 24, 2013) – The 2013 edition of Chambers USA: America’s Leading Lawyers for Business today ranked seventeen Morris Nichols’ attorneys and four practice groups as best in Delaware.  Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and reputations... Continue Reading

22 Morris Nichols Attorneys Selected for Inclusion in Super Lawyers - Delaware Edition 2013

Wilmington, DE (May 23, 2013) – 22 Morris Nichols attorneys have been selected for inclusion in Super Lawyers - Delaware Edition 2013.  Rick Alexander and A. Gilchrist Sparks, III, were named to the Best of the Best Top 10 Delaware Super Lawyers list. Super Lawyers is a rating service of outstanding lawyers from more than 70 practice... Continue Reading

Morris Nichols Elects Patricia Vella, John DiTomo as Partners; Katherine Betterly as Special Counsel

Wilmington, DE (January 7, 2013) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that Patricia O. Vella and John P. DiTomo have been elected partners, and that Katherine H. Betterly has been promoted to Special Counsel, effective January 1, 2013. Rick Alexander, Chair of the firm’s Executive Committee, made the... Continue Reading

Lou Hering is Featured On-Line Symposium Contributor for Institute of Delaware Corporate & Business Law

11.1.2012 - Commercial
by Louis G. Hering

Louis Hering, Morris Nichols Commercial Law Counseling Group partner, authored Commentary on Freedom of Contract and Default Contractual Duties in Delaware Limited Partnerships and Limited Liability Companies that is featured on-line at The Widener Institute of Delaware Corporate & Business Law. The article is part of the on-line symposium... 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

Twenty-One Morris Nichols Practice Areas Named in U.S. News/Best Lawyers 2011-2012 Rankings of Best Law Firms

Wilmington, DE (November 16, 2011) – Morris, Nichols, Arsht & Tunnell LLP has been recognized in twenty-one practice areas in the U.S. News & World Report/Best Lawyers 2011 - 2012 "Best Law Firms" rankings. Those practice areas are Administrative/Regulatory Law, Banking and Finance Law, Bankruptcy and Creditor Debtor Rights,... Continue Reading

Tarik J. Haskins Receives Community Service Award From Multicultural Judges and Lawyers Section of the Delaware State Bar Association

Wilmington, DE (October 19, 2011) – Tarik J. Haskins, Morris Nichols Commercial Law Counseling Group associate, has been awarded the 2011 Community Service Award by the Multicultural Judges and Lawyers Section (MJL) of the Delaware State Bar Association (DSBA). The Award is presented to a Section member who has exhibited outstanding community... Continue Reading

Tarik Haskins, Curtis Miller, Eric Wilensky to Become Morris Nichols' Newest Partners

Wilmington, DE (October 20, 2011) – Morris, Nichols, Arsht & Tunnell LLP is pleased to announce that Tarik J. Haskins, Curtis Miller and Eric Wilensky will become partners, effective January 1, 2012.  Rick Alexander, firm Chair, made the announcement of the election.  Tarik Haskins joined Morris Nichols in 2006 and is a member... Continue Reading

Morris Nichols Part of International M&A Team - Advises Shareholders on the Sale of Omicron NanoTechnology GmbH to Oxford Instruments PLC

Wilmington, DE (August 24, 2011) – David Ley Hamilton, Morris Nichols Commercial Law Counseling Group partner and firm Executive Committee member, and associate R. Jason Russell, served as U.S. legal counsel that teamed with German law firm and fellow TerraLex network member SKW Schwarz to advise on the sale of German-based Omicron... Continue Reading

Michael Houghton Elected President of The National Conference of Commissioners on Uniform State Laws

Wilmington, DE (July 13, 2011) – Morris Nichols banking, regulatory and commercial law counseling partner and Best Lawyers 2009 Delaware Banking Lawyer of the Year Michael Houghton has been elected President of The National Conference of Commissioners on Uniform State Laws (Uniform Law Commission (ULC)).  The two-year appointment was... Continue Reading

Michael Houghton Elected Executive Committee Chair of The National Conference of Commissioners on Uniform State Laws

Wilmington, DE – July 24, 2009 – Morris Nichols banking, regulatory and commercial law counseling partner Michael Houghton has been elected Chair of the Executive Committee of The National Conference of Commissioners on Uniform State Laws (Uniform Law Commission (ULC)).  The Executive Committee is the governing body of the ULC and... Continue Reading

18 Morris Nichols Attorneys Selected for Inclusion in Super Lawyers - Delaware Edition 2009

Wilmington, DE – June 3, 2009 – Super Lawyers® magazine has named 18 Morris Nichols attorneys as top legal counsel in Delaware for 2009, three more than were listed in 2008. The selections for Super Lawyers are made by Law & Politics who undertakes a rigorous selection process that includes a statewide survey of lawyers,... Continue Reading

Chambers USA 2009 Names 20 Morris Nichols Attorneys and Five Practice Groups as Best in Delaware

Wilmington, DE – June 12, 2009 – The 2009 edition of Chambers USA:  America’s Leading Lawyers for Business today ranked twenty Morris Nichols’ attorneys and five practice groups as best in Delaware. Chambers annually conducts in-depth interviews of commercial users of legal services to assess the strengths and... Continue Reading

Michael Houghton Quoted in Corporate Counsel Weekly on New York Federal Court's Request for Escheat Law Guidance from Delaware Supreme Court

Wilmington, DE – February 11, 2009 – Partner Michael Houghton was featured in the article, “Delaware High Court’s Input Sought On State’s Escheatment Law” in the February 10, 2009 edition of Corporate Counsel Weekly. In a case that could have “significant impact on corporations, shareholders, and... Continue Reading

A. Gilchrist Sparks III and Michael Houghton Named 2009 Lawyers of the Year by the Best Lawyers in America

Wilmington, DE – February 16, 2009 – Morris, Nichols, Arsht & Tunnell LLP partners A. Gilchrist Sparks III and Michael Houghton have been named Delaware Lawyers of the Year by the Best Lawyers in America Guide.  The firm’s lawyers picked up two of the five honors recognizing Delaware’s elite legal counsel. Gil... Continue Reading

Events

PLI’s Secured Transactions 2017: What Lawyers Need to Know about UCC Article 9

1.11.2017 in New York, NY - Commercial
by Tarik J. Haskins

The Practising Law Institute hosts a day-long program on secured transactions on January 11, 2017 in New York City. Morris Nichols partner Tarik Haskins serves as faculty and presents in the morning session, “The Filing System, Equity Interests and Anti-Assignment Clause Overrides under Article 9.” This two-part program will focus on the filing... Continue Reading

Articles

Liability Exposure for Delaware Incorporated Companies – The Risk of an Escheat Audit and Delaware’s New Voluntary Disclosure Program to Avoid Penalties

Jeff Wolters, Morris Nichols Corporate Law Counseling Group partner, and Mike Houghton, Morris Nichols Unclaimed Property Law Counseling Group partner, co-authored Liability Exposure for Delaware Incorporated Companies – The Risk of an Escheat...

Continue Reading

Client Alerts