Photograph of Richard I. G. Jones, Jr., Partner, Corporate and Commercial Litigation

Richard I. G. Jones, Jr.

Partner

Corporate and Commercial Litigation

Richard I. G. Jones, Jr. (“Richie”), is a partner in Berger McDermott’s Corporate and Commercial Litigation group. Richie focuses on understanding his clients’ business objectives and achieving them in the most efficient manner. He practices primarily in the Delaware Court of Chancery and Delaware Supreme Court, where he has taken cases through trial and appeal as lead counsel.

Richie brings more than two decades of experience representing corporations, alternative entities, directors, officers, managers, members, and institutional stockholders in a wide range of complex corporate and commercial disputes, including stockholder class and derivative actions, internal corporate and alternative entity disputes, special committee work, proxy battles, M&A litigation, stockholder activism, business separations, indemnification and advancement of legal fees, enforcement of noncompetes, contract disputes, and other forms of corporate and commercial actions. Richie also serves as Delaware counsel for insureds in corporate insurance-coverage disputes.

A native Delawarean, Richie is a well-known and respected member of the Delaware Bar and the Wilmington community. He graduated cum laude from Widener University School of Law, where he served as External Managing Editor of the Delaware Journal of Corporate Law. He was a judicial intern for the Honorable Walter K. Stapleton of the United States Court of Appeals for the Third Circuit. Richie began practicing law at Richards, Layton & Finger in 1994 and was a partner at Ashby & Geddes.

In addition to his corporate and commercial litigation expertise, Richie possesses unique qualifications to render advice and counsel on corporate governance issues, with a focus on the intersection of fiduciary duties and the adoption of Environmental, Social, and Governance (ESG) standards. After leaving Ashby & Geddes, Richie served as Delaware State Director for The Nature Conservancy (TNC), the world’s leading environmental nonprofit. At TNC, Richie worked frequently on ESG and sustainability engagements with some of the world’s largest companies, and established a groundbreaking impact-investment vehicle for freshwater conservation. Richie also advanced TNC’s policy agenda before various legislative and regulatory bodies, including the Delaware General Assembly and United States Congress.

Richie currently serves as Vice Chairman of the Delaware Sustainable Energy Utility, a quasi-public entity focused on transitioning Delaware to a low-carbon, energy-efficient future.

Representative Experience

  • XRI Investment Holdings v. Holifield, 2022 WL 4350311 (Del. Ch. Sept. 19, 2022), defense of co-founder of energy-sector company against suit by Morgan Stanley Energy Partners subsidiary.
  • Hawkins v. Daniel, 273 A.3d 792 (Del. Ch. 2022), lead trial and appellate attorney in successful challenge to irrevocable proxy held by general partner.
  • Stone & Paper Investors, LLC v. Blanch, et al., 2021 WL 3240373 (Del. Ch. July 20, 2021), successful representation of investors against managers charged with breach of fiduciary duty, fraud, and bad-faith conduct.
  • In re Southern Peru Copper Corp., 52 A.3d 761 (Del. Ch. 2011), defense of nominal defendant corporation in stockholder action challenging fairness of merger.
  • In re Biogen Idec., Inc., representation of major stockholder activist in successful proxy battle for two board seats (no written decisions issued).
  • Hewlett v. Hewlett Packard Company, CIV.A. 19513, 2002 WL 549137 (Del. Ch. Apr. 8, 2002), representation of major HP stockholder in action to enjoin HP/Compaq merger.
  • McNeil vs. McNeil, 798 A.2d 503 (Del. 2002), successful representation of beneficiaries of multigenerational trusts in action brought by family member.
  • In re Siliconix, No. CIV.A. 18700, 2001 WL 716787 (Del. Ch. June 19, 2001), a successful defense against application to preliminary enjoin tender offer.
  • Cantor Fitzgerald, L.P. v. Iris Cantor, et al., 724 A.2d 571 (Del. Ch. 1998), a major partnership dispute over competition in the electronic trading space.
  • In re Caremark International, Inc., 698 A.2d 959 (Del. Ch. 1996), which established a duty of oversight owed by corporate fiduciaries.

Education

  • J.D., Widener University School of Law, cum laude
  • External Managing Editor, Delaware Journal of Corporate Law
  • Judicial Intern, The Honorable Walter K. Stapleton (3rd Cir.)
  • B.A., University of Delaware

Admitted to Practice

  • Delaware
  • U.S. District Court, District of Delaware

Membership

  • Delaware State Bar Association
  • Delaware Sustainable Energy Utility, Co-Chair
  • The Nature Conservancy, Former Delaware State Director
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