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jessica zeldin - shareholder

Corporate and Alternative
Entity Litigation;
Commercial Litigation;
Class Action Litigation

Washington University,
J.D. (Order of the Coif) 1995; M.A. East Asian Studies 1995

Northwestern University,
B.A. 1992


Jessica Zeldin


919 N. Market Street, Suite 1401
Wilmington, DE 19801
T 302.656.4433
F 302.658.7567

Jessica Zeldin is a member of the firm’s corporate and commercial litigation group. Her practice focuses primarily on representation of investors. She has worked on behalf of minority stockholders and unitholders of master limited partnerships (“MLP”) in class actions, securities claims, state law appraisal proceedings and derivative litigation. She also has significant experience litigating statutory actions under the Delaware code, such as books and records demands, advancement proceedings and contests for corporate control, as well as breach of contract disputes. Although she appears most often in the Court of Chancery, Jessica has practiced before all of the courts in Delaware. She has served as an adjunct member of the District of Delaware Local Rules Committee and lectured on local Court of Chancery practice.

Jessica's recent success in cases where she has had a substantial role include:

    • Obtaining a post-trial decision that the general partner of an MLP breached its contractual duties and was liable for $171 million in damages

    • Participating on the team responsible for securing, on the eve of trial, the largest cash derivative settlement ($275 million)

    • Obtaining the largest Delaware settlement in a state law insider trading related case ($39 million) and helping to shape the law in this area

    • Developing, before the Delaware Supreme Court, favorable caselaw for unit holders seeking to enforce contractual fiduciary duties, and obtaining a multi-million dollar settlement in an MLP case

    • Securing a $90 million settlement, on the eve of trial, for a small class of former seat holders of one ofthe nation's premier options exchanges

    • Achieving a multi-million dollar verdict after trial based on a finding that defendants were corrupt in their treatment of shareholders
    • Winning a reversal and remand from the Delaware Supreme Court of a motion to dismiss in what commentators have called a "landmark" corporate decision

Prior to joining the firm, Jessica practiced with Morris, Nichols, Arsht & Tunnell. She represented directors, officers and general partners in national and statewide class and derivative actions, in both state and federal court.

    Speaking Engagements:

    • PLI’s Delaware Law Developments (New York 2015)

    • Delaware State Bar Association’s Recent Developments in Delaware Corporate Law (Wilmington 2015)

    • Northwestern University’s Annual Securities Regulation Institute (San Diego 2014) (panelist with former Chief Justice Steele on Civil Litigation)

    • PLI’s Annual Institute on Securities Regulation (New York 2012) (panelist with Justice Ridgely on Delaware law matters)

    • Penn State’s Annual Institute on Corporate, Securities and Related Aspects of Mergers and Acquisitions (New York 2012) (panelist with Justice Jacobs on Delaware Litigation)

    • Delaware Bar Association’s Recent Developments in Delaware Corporate and Alternative Entity Law (Wilmington 2012)

    • PLI’s Delaware Law Development (New York 2011)

    • National Association of Corporate Directors’ Annual Corporate Governance Conference (Washington D.C. 2010) (presenter with former Chief Justice Veasey and former Chancellor Chandler on Emerging Legal Trends)

    Activities and Affiliations:

    • Member, Court of Chancery Rules Committee

    • Past Treasurer, Secretary, Assistant Secretary, Assistant Treasurer and Executive Committee Member at Large of the Delaware State Bar Association

    • Past President, Vice President and Secretary Women and Law Section of the Delaware State Bar.

    • Member Roxana Arsht Fellowship Steering Committee

    • Past Member of the Delaware State Bar Administration of Justice Committee, Continuing Legal Education Committee and the Ad-Hoc Diversity Committee

    • Friends’ Central School – Member Alumni Board


    • Disabling Employers:  Problems with the ADA’s Confidentiality Requirements in Unionized Workplaces, 72 WASH U.L.Q. 737 (1995)

    • Settlement Agreements in Commercial Disputes (Ed. Richard Rosen, 2000)



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