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+1 202 637 5910
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Joseph
M.
Hassett
Of Counsel, Washington, D.C.
joseph.hassett@hoganlovells.com
Joseph Hassett has tried jury and non-jury cases in a wide variety of significant matters and has argued in appellate courts all over the country and in the U.S. Supreme Court.
Much of Joe's practice focuses on corporate and securities matters. Joe has successfully represented targets and investment bankers in hostile takeover attempts; boards of directors in suits challenging their business judgment; and investment advisory and stock brokerage firms in suits by customers and governmental authorities. He has advised the outside directors of a major airline in connection with its bankruptcy; assisted boards in developing procedures for improving corporate governance and avoiding litigation; and represented companies and individuals in connection with investigations by the U.S. Securities and Exchange Commission and federal grand juries.
Joe has litigated a number of issues in Delaware Chancery Court, including the circumstances in which the demand requirement is excused in derivative litigation, Thorpe v. CERBCO, Inc., Del. Ch., 611 A.2d 5 (1991); the limitations on a stockholder's right to obtain a stockholders' list; and the question whether the general partner of a Delaware limited partnership has so-called Revlon duties to maximize value, In Re Marriott Hotel Properties II Limited Partnership Unitholders Litigation (Del. Ch. 1996). Joe has also been involved in the arbitration of domestic and international commercial disputes and in other alternative methods of dispute resolution.
Joe's book, W.B. Yeats and the Muses, was published by Oxford University Press in 2010.
REPRESENTATIVE EXPERIENCE
Won a jury verdict for a bank's minority stockholders and protected it on a long appellate voyage that included two arguments in the Court of Appeals and one in the U.S. Supreme Court in Virginia Bankshares, Inc. v. Sandberg, 111 S. Ct. 2479 (1991).
Successfully defended an investor’s role in a significant international investment in Levner v. Prince Al Waleed, 61 F.3d 8 (2d Cir. 1995).
Successfully defended a trade association in a securities law class action in Williams v. WMX Technologies, Inc., 112 F.3d 175 (5th Cir. 1997).
Successfully litigated leading Delaware case establishing respective rights of controlling stockholder and duties of directors in connection with change of control and corporate opportunity transaction, Thorpe v. CERBCO, Inc., 676 A.2d 436 (Del. Supr. 1995).
Successfully defended a leading manufacturing company from class allegations of violations of Sections 11 and 10(b) of the Securities Exchange Act of 1934, In Re Wabash National Corp. Securities Litig. (U.S.D.C. N.D. Ind. 2000).
Successfully defended the President and part owner of the Washington Redskins football team from suit seeking hundreds of millions of dollars in damages for alleged breach of fiduciary duties and interference with a contract to purchase the football team. Milstein v. Cooke (D.C. Supr. Ct. 2002).
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