Pamela S. Tikellis is a co-founder of Chimicles & Tikellis LLP and serves on the Firm’s Executive Committee. Upon graduating from law school, Ms. Tikellis served as a law clerk in the nationally recognized Court of Chancery in Wilmington, Delaware.
Ms. Tikellis served as Co-Lead Counsel in the class action challenging the $21 billion management-led buyout of Kinder Morgan, Inc., In re Kinder Morgan, Inc. Shareholders Litigation, Consol. C.A. No. 06-C-801 (Kan.). That action resulted in the creation of a $200 million settlement fund, one of the largest common funds in a merger and acquisition settlement. She served as Lead Counsel in the class action challenging Roche Holding’s buyout of Genentech, Inc., In re Genentech, Inc. Shareholders Litigation, Civil Action No. 3911-VCS. The litigation was settled shortly after the Court of Chancery held a hearing on Plaintiffs’ motion for a preliminary injunction and prior to the closing of a transaction. The settlement provided for, among other things, the additional $4 billion in consideration paid to the minority shareholders in the transaction.
Ms. Tikellis served as Co-Lead Counsel in the Court of Chancery derivative litigation City of Roseville Employees Retirement System, et. al. v Lawrence J. Ellison, et. al., C.A. No. 6900-CS. This action arose out of Oracle Corporation’s acquisition of Pillar Data Systems, Inc. and alleged that the acquisition of Pillar was unfair to Oracle to Ellison’s benefit. The court approved the settlement of this case in August, 2014, resulting in Mr. Ellison’s agreeing to return 95% of the amount Oracle pays for Pillar back to Oracle. The settlement created a benefit for Oracle and its shareholders valued at $440 million and is one of the larger derivative settlements in the history of the Court of Chancery.
Ms. Tikellis serves as Co-Lead Counsel in In re Freeport-McMoran Copper & Gold Inc., C.A. No. 8145-VN, a derivative action arising out of Freeport-McMoran Copper & Gold Inc.’s agreement to acquire Plains Exploration Production Co. and McMoran Exploration Production Co. In early 2015, the parties agreed to the terms of an approximate $154 million settlement which, as a first of its kind in history, will provide for the vast majority of the $154 million to be paid directly to the stockholders in the form of a dividend.
Ms. Tikellis is a frequent lecturer on issues of Delaware corporate law, ethics and Court of Chancery procedures in various forums.
Named repeatedly in Chambers and Partners as a Leading Individual, Ms. Tikellis is known as “an experienced member of the Delaware Bar and is well thought of for her plaintiff-side litigation expertise. She advises on and appears in transactional cases and antitrust and securities fraud disputes.”
- Corporate Mismanagement & Shareholder Derivative Action
- Mergers & Acquisitions
- Securities Fraud
- Widener University School of Law, J.D., 1982
- Delaware Journal of Corporate Law, Managing Editor
- Graduate Faculty of the New School for Social Research, Master’s in Psychology, 1976
- Manhattanville College, B.S., 1974
Memberships and Associations:
- Delaware Bar Association
- American Bar Association (Litigation and Business Sections)
- District of Delaware
- Third Circuit Court of Appeals
- 1994-2012 Member of the Board of Bar Examiners of the Supreme Court of the State of Delaware, Chair from 2010-2012
- Historical Society of the Court of Chancery by Order of the Delaware Supreme Court, Director and Officer
- The Delaware Bar Admission Study Committee by Order of the Delaware Supreme Court, Member
- 1989-1992 Delaware Bar Association Ethics Committee, Chairman
- 2011, 2012, 2013 and 2014 Chambers USA – Ranked As Leading Individual
- 2012, 2013 and 2014 Best Lawyers
- 2007 through present – Named Delaware Super Lawyer
- Member, Richard N. Rodney Inn of Court
- Martindale Hubbell – AV rated