Partner Gustavo Bruckner Appointed to Law360’s Delaware Editorial Advisory Board

Pomerantz is proud to announce that Partner Gustavo F. Bruckner has been selected to join Law360’s newly formed 2023 Delaware Editorial Advisory Board. The board will provide Law360 with feedback on its coverage and offer expert insight on how best to shape future coverage.

As a recognized leader in corporate governance and the head of Pomerantz’s Corporate Governance Litigation group, Gustavo is uniquely familiar with Delaware law regarding shareholder-related litigation. And, as a fierce advocate for shareholder rights, Gustavo has set precedent and made new law with the derivative litigation he has brought in Delaware.

In Strougo v. Hollander, Gustavo obtained a landmark ruling in Delaware by successfully arguing that bylaws adopted after shareholders are cashed out do not apply to shareholders affected by the transaction. Shortly thereafter, the Delaware Legislature adopted legislation to ban fee-shifting bylaws (Senate Bill 75). (Strougo v. Hollander, C.A. No. 9770-CB (Del. Ch. 2015))

In an issue of first impression in Delaware, Gustavo successfully argued that a stock trading plan established by the company's chairman, pursuant to which a broker would liquidate a portion of the chairman's stock, did not preclude potential liability for insider trading. (Hallandale Beach Police Officers and Firefighters’ Personnel Retirement Fund vs. Lululemon athletica, Inc., C.A. No. 8522-VCP (Del. Ch. 2014))

Under Gustavo’s leadership, Pomerantz’s Corporate Governance group has recently taken three shareholder derivative Section 220 books and records cases to trial in the Delaware Chancery Court, prevailing definitively in all three: Lewis Titterton v. StoneMor (C.A. No. 2021-0259-SG (Del. Ch.), Collins v. Gilead Sciences (No. 2020-0138 (Del Ch.)), and Melvin Gross v. Biogen, Inc. (No. 2020-0096-PAF (Del. Ch.)).

Learn more about Gustavo in his bio.

Read more about the 2023 Delaware Editorial Advisory Board in Law360’s announcement.