Chelsea L. Hilliard Partner

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With more than a decade of experience representing clients in high-stakes litigation and corporate governance matters, Chelsea counsels companies to proactively identify, assess, and mitigate litigation risks arising out of mergers and acquisitions, particularly venture capital or private equity-financed investments.

She handles stockholder derivative cases, securities class actions, internal investigations, and investigations by the Securities and Exchange Commission and the Department of Justice. In addition, she advises companies on Environmental, Social, Governance (ESG), risk management, corporate governance and investment matters.

Experience

    • Representation of large bank for an unemployment benefits inquiry by the Department of Labor involving security claims related to the distribution of COVID-19 benefits.
    • Representation of an alternative asset investment firm focused on providing flexible capital for small and mid-cap companies, in its acquisition of an international ocean and air freight forwarder and logistics broker.
    • Representation of a manufacturer of high-pressure aluminum die castings, in its merger with a manufacturer of custom high-pressure aluminum die castings.
    • Assisted renewable energy firms in challenging action taken by Texas Comptroller of Public Accounts related to applications under state property tax incentive program.
    • Aided minority-backed investment fund in navigating impact of recent Texas legislative developments and political climate.
    • Currently assisting companies in developing litigation avoidance strategies in response to newly-enacted anti-ESG and anti-DEI laws.
    • Secured the dismissal of a $68 million fraud and breach of fiduciary duty shareholder derivative suit arising out of the wind down of a hedge fund at the summary judgment stage.*
    • Successfully tried to a jury verdict on the merits in the Northern District of Texas in the defense of a corporate client against quantum meruit claims arising out of a private placement transaction*
    • Defended national broker-dealers in FINRA arbitration proceedings against various types of investor complaints, including allegations of misrepresentation, misreporting and breach of fiduciary duty.*
    • Represented a group of former shareholders of a multinational investment banking firm in bringing 10-b(5) claims.*
    • Obtained favorable dismissal of breach of contract claim seeking in excess of $7 million in damages in Northern District of Texas.*
    • Obtained favorable award in a business mismanagement suit, defending claims for breach of contract and unpaid account against companies by prior manager’s family members.*

*Experience handled prior to joining McGuireWoods.