Meredith Nelson handles a broad range of complex litigation matters in federal and state courts. In her commercial practice, she represents plaintiffs and defendants in contract and earnout disputes, corporate governance and shareholder litigation, bankruptcy-related disputes, and industry-specific matters in the healthcare, financial services, and insurance sectors.
Prior to joining Selendy Gay, Meredith served as a law clerk to the Honorable Gregory H. Woods for the U.S. District Court for the Southern District of New York. She earned her J.D. from New York University School of Law, where she was an Executive Editor of the New York University Law Review.
Meredith’s representations include:
- Fortis Advisors, as representatives of the former shareholders of revolutionary robotic surgery startup Auris Health, in an earnout dispute with its acquiror, Johnson & Johnson. Fortis alleged that Johnson & Johnson breached the merger agreement and defrauded the shareholders, resulting in its failure to achieve certain earnout milestones. After four years of litigation—including approximately 70 depositions, nine experts, and a 10-day trial—the Delaware Court of Chancery ruled on September 4, 2024, that Johnson & Johnson owed the former shareholders more than $1 billion in damages. The Court’s 145-page decision set a major precedent and is the largest earnout-related damages award in Delaware history.
- SaveOnSP, in a lawsuit brought by Johnson & Johnson Health Care Systems Inc. for tortious interference with contract and deceptive trade practices. This lawsuit will have an industry-wide impact on the ability of commercial health plans to set plan terms that counteract the deleterious effects of drug manufacturers’ copay assistance programs.
- UMB Bank as Trustee for holders of Celgene contingent value rights (“CVRs”), seeking nearly $7 billion in damages arising from Bristol Myers Squibb’s failure to timely secure regulatory approval of the cancer therapies associated with the CVR payout.
- KRyS Global, a British Virgin Islands-based foreign representative of several funds in liquidation abroad, in Chapter 15 proceedings in Bankruptcy Court for the Southern District of New York, and before the U.S. District Court on appeal, asserting foreign avoidance, common law, and breach of contract claims, seeking to recover approximately $6 billion in redemption payments from hundreds of entities arising out of the Madoff scheme.
