Wachtell, Lipton, Rosen & Katz

Fun quotes from the Tulane panel written up by Law360 - I'd say, "you had to be there," but these definitely capture the dynamic! Elina Tetelbaum, a partner at Wachtell, Lipton, Rosen & Katz, said that while activists have always indirectly targeted management through criticism of company strategy, direct calls for CEO replacement have notably risen. "There has been more expressed articulation from day one that the CEO must go," Tetelbaum said. When Tetelbaum referred to some activists as opportunistic, short-term investors who "use algorithms to find underperforming companies and invest at a particular moment of undervaluation," Marks-Esterman said that characterizing most activist investors that way is "a trope that is not accurate," and "a fallacy." Tetelbaum shot back: "This panel will just disagree on what a 'long time' is. ... I think if you're saying one year or six months or two years, maybe I don't consider that a long time as compared to all the other shareholders that are invested in companies for decades." “At the core, your best defense is your performance," Tetelbaum said, adding that dealing with activism is now "a marathon and not a sprint." https://lnkd.in/eqN6iyEf

Congratulations to Kevin Schwartz on being named to The 2025 Law Power 100 by City & State New York! Click here to read more: https://lnkd.in/eGEFAUDN

Wachtell Lipton represents Diamondback Energy in its public offering of $1.2 billion senior notes Click here to read more: https://lnkd.in/ewtZ6Dnn

The 37th Annual Tulane Corporate Law Institute is completed and on behalf of my Co-Chairs Rita-Anne O'Neill and Bill Lafferty, we would like to thank the moderators, panelists, staff, student volunteers, sponsors, vendors, law firms and the more than 1050 attendees who made the Institute such a success. Time to start planning for the 38th Annual Tulane Corporate Law Institute which will be held on March 19-20, 2026. Today is the Academic Roundtable that will be held at Tulane University Law School convened by Professor Ann Lipton.

My terrific Shareholder Activism panel at the 37th Annual Tulane Corporate Law Institute in New Orleans with Andi Rose, Michele Anderson, Elina Tetelbaum, Elizabeth Gonzalez-Sussman and Lori Marks-Esterman.

Activism certainly isn’t always fun, but talking about activism at the 37th Annual Tulane Corporate Law Institute with David A. Katz, Michele Anderson, Elizabeth Gonzalez-Sussman, Andi Rose and Lori Marks-Esterman is as fun as it looks in these pictures.

Wachtell Lipton represents Jazz Pharmaceuticals in its $935 million all-cash acquisition of Chimerix, Inc. Click here to read more: https://lnkd.in/eK7z3Gre

Wachtell Lipton congratulates nine attorneys for being recognized as Leading Energy Lawyers in America for 2025 by Lawdragon. Click here to read more: https://lnkd.in/eekZMwYP

We're excited to participate in the 37th Annual Tulane Corporate Law Institute this week in New Orleans, where our colleagues will be featured speakers on these insightful panels: ?? Hot Topics in M&A Practice, March 6th (9:15-10:45 AM CT) ?? Leo Strine will discuss the latest trends and developments in M&A practice, with Rita-Anne O'Neill, Tiffany Posil, Audra Cohen, Jennifer Muller Davis and Scott Barshay. ?? Controlling Stockholder Issues - Recent Developments, March 6th (2:45-4:15 PM CT) ?? Bill Savitt will share his insights on recent developments in controlling stockholder issues, alongside Jeroen van Kwawegen, Jenny Hochenberg, Scott B. Luftglass and Maeve O'Connor. ?? Shareholder Activism and the Polarization of ESG and DEI, March 7th (9:00-10:30 AM CT) ?? David A. Katz and Elina Tetelbaum will explore the dynamics of shareholder activism and the polarization of ESG and DEI, with Michele Anderson, Elizabeth Gonzalez-Sussman, Andi Rose and Lori Marks-Esterman. We look forward to these important discussions and the opportunity to connect with our peers.

I am looking forward to seeing everyone next week in New Orleans at the 37th Annual Tulane Corporate Law Institute on March 6th and 7th, 2025. I am Co-Chairing the Institute with Rita-Anne O'Neill and Bill Lafferty. On Friday, March 7th, at 9 am Central, I will be moderating the panel titled Shareholder Activism and the Polarization of ESG and DEI, with Elina Tetelbaum, Michele Anderson, Elizabeth Gonzalez-Sussman, Barrett Golden and Lori Marks-Esterman. While we are sold out for in-person attendance you can still register virtually by visiting the link below.