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Lewis Lazarus

Lewis Lazarus

Of Counsel at Morris James LLP
Wilmington, DEAdmitted 1985

About Lewis Lazarus

Lewis Lazarus has focused his practice on corporate governance and commercial matters in the Delaware Court of Chancery. He has been lead counsel in trials arising out of mergers and acquisitions, including cases involving the entire fairness standard of review, appraisal, books and records actions, actions to compel annual meetings, and actions to determine who rightfully are the managers of a Delaware entity. As a result of his knowledge and familiarity with these and related cases, Lewis often advises special committees and boards in conflict-of-interest transactions. He has counseled boards, companies, or special committees in conflict-of-interest transactions totaling over $7 billion in the last several years. Lewis has been praised for doing “an excellent job advising on Delaware law as it applies to special committees, conflicts of interests, and duties of directors," for the ability to "communicate complex legal language in a businessman's language," and for his “intricate knowledge of the issues and procedures in the Court of Chancery." He has also been commended as a “completely clear thinker" who “knows how to make a real case," and who "understands beyond the case and sees the bigger picture." - Chambers USA (2006 - Present) In addition, Lewis, who speaks fluent Spanish, maintains a particular interest in matters involving Spanish, Mexican, and South American clients, and has traveled to Mexico, Europe, Canada, South America, and the Middle East to discuss the advantages of Delaware law with business representatives. Experience Mergers and other transactions where controlling shareholders or directors or officers are alleged to have conflicts of interest Inspection of books and records Appraisal actions Determination of a corporation’s officers and directors pursuant to Section 225 of the Delaware General Corporation Law Disputes involving managers and members of Delaware limited liability companies Claims arising out of Delaware statutory trusts and Del

Notable case results

$2 billion

Represented a special transactions committee in negotiating a $2 billion asset exchange

Represented a special committee of a public company board formed to negotiate a transaction with a controlling stockholder seeking to acquire the minority shares

Represented special transaction committee in negotiation of cash-out merger consideration for minority public stockholders

$1 billion

Represented special negotiating committee of disinterested and independent directors in a $1 billion sale and restructuring process of American manufacturing company

$120 million

Represented special negotiating committee in $120 million debt to equity conversion

Prior results do not guarantee a similar outcome. Each case is unique and depends on its own facts.

Education

Stanford Law School
JD, 1982
Swarthmore College
Undergraduate, 1978

Bar admissions & credentials

State Bar of Delaware, admitted 1985

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