Steven Caponi maintains a national litigation practice with a concentration on corporate and intellectual property matters. His practice covers all facets of business litigation including: · breach of fiduciary duty and corporate governance claims · merger and acquisition litigation · securities litigation · patent infringement and intellectual property Mr. Caponi regularly handles matters in jurisdictions across the country. He frequently appears before the state and federal courts in Delaware, including the Court of Chancery. The Delaware Court of Chancery is internationally recognized as the preeminent forum for the resolution of corporate disputes and the development of corporate law. Representative Matters · Defended pioneering social media giant Facebook in a patent infringement action filed in Delaware. Secured a defense verdict in favor of Facebook and invalidated the patent at issue. · Served as national litigation counsel and defense group coordination counsel for a leading publisher of video games in a series of litigations involving claims for securities fraud, options backdating, breaches of fiduciary duty and improper business practices. Represented client's interests before the SEC, NASD, as well as, several state and federal courts. · Represented a leading designer and manufacturer of women apparel in defense of several shareholder derivative actions challenging the client's $120 million acquisition of a competitor. The litigations included claims for breach of fiduciary duty, improper disclosures and ineffective corporate governance. Simultaneously and successfully resolved mirror image derivative actions filed in Delaware and California. · Lead counsel and coordination counsel for defense group representing a regional telecommunications company in defense of shareholder derivative actions seeking to enjoin the client's proposed sale to a competitor. Simultaneously and successfully resolved derivative actions filed in the Delaware Court of Chancery and Pennsylvania state court. · National litigation counsel for an international software developer in a copyright dispute regarding ownership rights in computer source code and various contractual disputes arising out of software licensing agreements. · Represented world leader of camera suspension systems in patent infringement action related to the use of aerial photograph by national television networks to broadcast football games. · Defended a market pioneer in the development and deployment of web-based substitute fulfillment systems in a patent infringement action initiated by a competitor. · Vindicated rights of a significant shareholder, stripped of his stock following a freeze-out merger, involving allegations of massive self-dealing and diversion of assets by corporate fiduciaries, as well as, a stockholder appraisal action pursuant to Section 262 of the Delaware General Corporation Law. · Represented plaintiff in a breach of contract action involving the recovery of over $20 million in damages resulting from violations of an exclusivity agreement and the failed $125 million acquisition of the defendants' wholly-owned subsidiary. Memberships American Bar Association Delaware Bar Association Federal District Court for the District of Delaware United States Court of Appeals for the Third Circuit Events TOP FIVE THINGS TO KNOW WHEN LITIGATING A PATENT CASE IN DELAWARE DISTRICT COURT
[Event]
DELAWARE: Epicenter for US IP Dispute Resolution
Global IP Forum Webinar
April 30, 2008
J. Caleb Boggs III, Steven L. Caponi and Charles R. Wolfe, Jr. Publications CHINA MEDIA EXPRESS: THE STOCKHOLDER'S RIGHT TO ACCESS BOOKS AND RECORDS
[Alert]
Delaware Corporate Advisory
June 2011 (No. 1)
Steven L. Caponi and David A. Dorey A DISPATCH FROM THE 'STATE OF THE UNION' FOR CORPORATE LAWYERS
[Article]
The Legal Intelligencer
April 29, 2011
Steven L. Caponi and Alisa E. Moen DELAWARE CORPORATE LAW 101 - ALWAYS SAY "PLEASE" BEFORE SUING DERIVATIVELY
[Alert]
Delaware Corporate Advisory
January 2010 (No. 1)
Steven L. Caponi and Alisa E. Moen BRIDGE OVER TROUBLED WATERS-CAN PRIVATE EQUITY GROUP DENY MANDATORY ADVANCEMENT AND INDEMNIFICATION RIGHTS TO DIRECTORS OF ITS SINKING PORTFOLIO COMPANIES
[Alert]
Delaware Corporate Advisory
July 20, 2009
Steven L. Caponi and Alisa E. Moen FIDUCIARY DUTIES EXPAND BEYOND OFFICERS AND DIRECTORS
[Alert]
Delaware Corporate Advisory
May 2009 (No. 1)
Steven L. Caponi and Alisa E. Moen DELAWARE COURT REJECTS CITIGROUP SHAREHOLDERS' SUBPRIME BREACH OF FIDUCIARY DUTY CLAIM
[Alert]
Corporate Litigation Alert
February 2009 (No. 2)
Alisa E. Moen, Ann Blair Laupheimer, Steven L. Caponi and Elizabeth A. Sloan DELAWARE COURT OF CHANCERY REJECTS APPLICATION OF MATERIAL ADVERSE CONDITION TERM AND REFUSES TO ALLOW "ELEVENTH HOUR" UNILATERAL EXIT FROM MULTI-BILLION DOLLAR DEAL
[Alert]
Corporate Litigation Alert
October 2008 (No. 2)
Steven L. Caponi, Ann Blair Laupheimer, Alisa E. Moen and Elizabeth A. Sloan FOREIGN SALES MEAN INCREASED RISK FOR DIRECTORS
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Executive Counsel
May/June 2008
Steven L. Caponi and Leonard D. Steinman News BLANK ROME'S TRADEMARK PRACTICE RECOGNIZED FOR MOST FILINGS IN 2011
[Press Release]
January 12, 2012
Zachary A. Aria, Katherine Pauley Barecchia, Jamie L Bertha, Kenneth L. Bressler, Steven L. Caponi, Lisa Casey Spaniel, et al. BLANK ROME LAUNCHES CHINA COMPANY SECURITIES LITIGATION TASK FORCE
[Press Release]
July 25, 2011
Barry H. Genkin, James T. Smith, Dawn M. Bernd-Schulz, Nigel J. Binnersley, Sheila E. Branyan, Steven L. Caponi, et al. DELAWARE TEAM SECURES EXPEDITED RELIEF AND AN INJUNCTION DESIGNED TO PROTECT THE SAFETY OF CLIENT'S EMPLOYEES
[Press Release]
July 2, 2009
Steven L. Caponi and Alisa E. Moen BLANK ROME RETAINED AS COUNSEL TO SPECIAL LITIGATION COMMITTEE OF MA FEDERAL, INC., D/B/A IGOV
[Press Release]
February 9, 2009
Steven L. Caponi and Alisa E. Moen LEGAL FEE BYLAWS MAY NEED CHANGE
[Media Coverage]
July 28, 2008
Steven L. Caponi Cases and Deals J.F. LEHMAN & COMPANY SELLS ATLANTIC MARINE HOLDING COMPANY FOR $352 MILLION
[Deal]
July 13, 2010
T. Michael Dyer, Peter Schnur, Thomas Z. Cheplo, Rustin I. Paul, Joseph T. Gulant, Cory G. Jacobs, et al.
Blank Rome represented J.F. Lehman & Company ("JFL") in the sale of one of its portfolio companies, Atlantic Marine Holding Company, to BAE Systems, Inc. for $352 million. JOINT CHAPTER 11 PLAN OF LIQUIDATION OF MIDWAY GAMES
[Case]
June 14, 2010
Michael D. DeBaecke, Jeffrey N. Siegel, Steven L. Caponi, David W. Carickhoff, Pamela E. Flaherty, Victoria A. Guilfoyle, et al.
Blank Rome represented Midway Games Inc. in its Joint Chapter 11 Plan and Liquidation |