Stephen D. Dargitz

Stephen D. Dargitz Partner

P 302 504 6812 F 302 657 2104
1007 North Orange Street, 10th Floor
Wilmington, DE 19801
1007 North Orange Street, 10th Floor, Wilmington, DE 19801
Overview

Stephen D. Dargitz is the head of MG+M’s Commercial and Business Litigation group in Wilmington, Delaware. For nearly two decades, Steve has been involved in numerous complex corporate and commercial disputes. He also frequently provides advice on issues of corporate governance arising under Delaware law, including the fiduciary obligations of directors and officers.

Bar Admissions
Pennsylvania
Delaware
U.S. District Court - District of Colorado
U.S. District Court - District of Delaware
U.S. Court of Appeals - 3rd Circuit
U.S. Court of Appeals - 11th Circuit
Education
Yale University, J.D.
Butler University, B.S.

Steve’s experience and knowledge of Delaware law has made him a valued resource and litigator for client matters involving corporate and business litigation issues. Steve has represented major corporations and their directors and officers nationwide on numerous matters, with a particular emphasis on those related to mergers and acquisitions. These include stockholder derivative and other fiduciary duty suits, federal securities litigation, insurance coverage disputes, ERISA “stock drop” suits, challenges to asset purchase agreements and merger agreements, stockholder appraisals, summary advancement and books and records cases, and other proceedings before the Delaware Court of Chancery and other business courts.

In addition to being a co-author of Mergers & Acquisitions Deal Litigation Under Delaware Corporation Law (2012), he has served on the board of editors of Folk on the Delaware General Corporation Law (5th ed. 2007, 6th ed. 2013).

Experience
  • Activision Inc. and its board of directors, in convincing the Delaware Court of Chancery to deny a request to enjoin Activision’s $18.9 billion business combination with Vivendi, Inc.
  • BlackRock Credit Allocation Income Trust IV, in litigation against plaintiffs challenging the redemption of certain auction rate securities
  • DaimlerChrysler AG and Daimler Chrysler Corporation, in litigation filed by Kirk Kerkorian and other shareholders in the District of Delaware relating to the merger of DaimlerBenz A.G. and Chrysler Corporation
  • DRS Technologies, Inc. and certain of its directors and officers, in litigation filed in New Jersey in response to DRS’ merger with Finmeccanica, S.p.A.
  • E.I. du Pont de Nemours & Co., in a putative derivative action filed in the Middle District of Georgia
  • GTCR, in litigation arising out of its $830 million acquisition of Protection One, Inc.
  • HealthSouth Corporation, in multijurisdictional litigation including federal securities litigation, shareholder derivative litigation, ERISA “stock drop” litigation and litigation against certain of its former officers
  • IHOP Corporation, in a lawsuit filed in the Delaware Court of Chancery against IHOP and the directors of Applebee’s International
  • Plum Creek Timber Company, L.P., in litigation filed by a limited partner challenging Plum Creek’s conversion to a REIT
  • Signature Group Holdings, Inc., in litigation filed in Nevada challenging Signature’s “NOL” rights plan
  • Travelers Group Inc., in regulatory matters relating to its merger with Citicorp
  • Wilmington Trust Corporation, in federal securities litigation filed in the District of Delaware
  • A Delaware death row inmate, in litigation successfully overturning his death sentence
Recognition

Involvement

  • Board of Editors , Folk on the Delaware General Corporation Law, 2007-2013
News & Insights

Publications