Todd C. Schiltz

Partner Wilmington
todd.schiltz dbr.com
Phone: (302) 467-4225
Fax: (302) 467-4201

About

Todd C. Schiltz has focused his practice on corporate control, corporate governance, statutory and contractual disputes in the state and federal courts of Delaware for more than 20 years. As co-chair of the Governance & Corporate Law Disputes group, Todd’s practice concentrates on advisory and litigation matters related to Delaware business organizations and their fiduciaries and constituents. Todd is noted for his knowledge of practice in the Delaware Court of Chancery, and he advises boards and board committees regarding litigation, corporate governance, investigational and transactional issues.

Todd’s practice also includes complex business and other civil disputes. He is a skilled advocate who has represented a wide variety of clients, ranging from multinational and publicly traded companies to local Delaware businesses.

Todd has co-authored several articles including "Preston v. Allison: Delaware Courts May Correct Inequitable Election Results in Limited Circumstances;" "Mergers and Acquisitions: An Overview and Update of Delaware Law;" and "Preparation For and Conduct Of Shareholders' Meetings.”

Experience

Todd has litigated numerous corporate control, corporate governance, statutory and contractual disputes in state and federal court in Delaware. His litigation matters include the successful representation of Sauer-Danfoss in breach of fiduciary duty action arising from a controlling shareholder acquisition proposal, the successful defense of a suit challenging the acquisition of Opinion Research Corporation, Inc. and the successful defense of lawsuits challenging the acquisition of Charming Shops, Inc.

Todd’s current clients include:

  • KPMG, LLP: Todd represents KPMG, LLP in an action seeking the recovery of $1.1 billion of losses allegedly suffered by creditors of Oceanographia, Inc.
  • AT&T, Inc.: Todd represents AT&T in thirteen lawsuits challenging controlling partner asset sale transactions.
  • Immune Design Corporation: Todd represents this biomedical development company in a tortious interference with contractual relations and misappropriation of trade secrets action.
  • A special committee of the board of directors: Todd is representing a special committee in connection with its efforts to acquire a large block of shares held by a dissident shareholder.

Credentials

Bar Admissions

  • Delaware

Education

  • Northwestern University School of Law, J.D.
  • DePauw University, B.A., cum laude

Organizations

  • American Bar Association
  • Delaware State Bar Association
  • Delaware Tax Appeals Board