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  • In Re: Old BPSUSH, Inc.

    Publication Date: 2021-10-27
    Practice Area: Corporate Governance
    Industry: Manufacturing
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Andrew M. Carty, Brown Rudnick LLP, New York, NY; James W. Stoll, Brian M. Alosco, Brown Rudnick LLP, Boston, MA; Garvin McDaniel, Hogan McDaniel, Wilmington, DE for appellant.
    for defendant: Robert A. Fumerton, Lisa Laukitis, William J. O’Brien, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY; Paul J. Lockwood, Jason M. Liberi, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Chris Paparella, Nathaniel J. Kritzer, Steptoe & Johnson LLP, New York NY; John J. Byron, Steptoe & Johnson LLP, Chicago, IL; Jeremy W. Ryan, D. Ryan Slaugh, Potter Anderson & Corroon LLP, Wilmington, DE for appellees.
    Case Number: D69586

    In this adversary proceeding, the counterclaims filed by liquidation trustee against former directors and officers of debtor failed to state the necessary elements of breach of duty of care and loyalty because trustee did not plead gross negligence.

  • United States v. Delaware Dep't of Ins.

    Publication Date: 2021-10-20
    Practice Area: Insurance Law
    Industry: Federal Government | Insurance | State and Local Government
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: David A. Hubbert, Acting Assistant Attorney General, David C. Weiss, United States Attorney, Ward W. Benson, Kyle L. Bishop, Trial Attorneys, Tax Division, U.S. Department of Justice, Washington, DC for petitioner.
    for defendant: Kathleen P. Makowski, Deputy Attorney General, State of Delaware Department of Justice; Wilmington, DE; Patricia A. Davis, Deputy State Solicitor, State of Delaware Department of Justice, Dover, DE; James J. Black, III, Jeffrey B. Miceli, Mark W. Drasnin, Black & Gerngross, P.C., Philadelphia, PA for respondent.
    Case Number: D69578

    The court held that the government's petition to enforce summons on a state department of insurance to produce documents related to captive insurance companies should be granted absent a showing that production constituted the business of insurance.

  • Henry v. Wilmington Trust, N.A.

    Publication Date: 2021-09-29
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: David A. Felice, Bailey & Glasser, LLP, Wilmington, DE; Gregory Y. Porter, Ryan T. Jenny, Patrick O. Muench, Bailey & Glasser, LLP, Washington, DC; Daniel Feinberg, Todd Jackson, Feinberg, Jackson, Worthman & Wasow LLP, Berkeley, CA for plaintiff.
    for defendant: Albert H. Manwaring, Kristen A. Zeberkiewicz, Morris James LLP; Michael J. Prame, Sarah M. Adams, Elizabeth L. Woods, Groom Law Group, Chartered, Washington, DC; Art C. Arnailla, Marshall Dennehey Warner Coleman & Goggin, P.C., Wilmington, DE; Mark A. Nebrig, Kristen J. Kenley, Moore & Van Allen PLLC, Charlotte, NC for defendants.
    Case Number: D69557

    Court declined to enforce arbitration clause in ERISA employee stock plan where there was a genuine issue of material fact as to whether employee had affirmatively assented to the arbitration clause.

  • Columbus Life Ins. Co. v. Wilmington Trust, N.A.

    Publication Date: 2021-09-22
    Practice Area: Insurance Law
    Industry: Insurance
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Donald L. Gouge, Jr., Donald L. Gouge, Jr., LLC, Wilmington, DE; Michael J. Miller, Joseph M. Kelleher, Philip J. Farinella, Cozen O’Connor, Philadelphia, PA for plaintiff.
    for defendant: Kevin G. Abrams, John M. Seaman, Abrams & Bayliss LLP, Wilmington, DE; Harry S. Davis, Robert E. Griffin, Schulte Roth & Zabel LLP, New York, NY; Aislinn K. Affinito, Schulte Roth & Zabel LLP, Washington, DC for defendant.
    Case Number: D69542

    Promissory estoppel and negligent misrepresentation counterclaims failed where holder of stranger-owned life insurance policy could not succeed on a legal claim to require insurer to pay out on the illegal and void policy.

  • In re: Zohar III, Corp.

    Publication Date: 2021-09-08
    Practice Area: Bankruptcy
    Industry: Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Norman L. Pernick, G. David Dean, Patrick J. Reilley, Cole Schotz, PC, Wilmington, DE; Monica K. Loseman, Gibson, Dunn & Crutcher LLP, Denver, CO; Randy M. Mastro, Akiva Shapiro, Michael L. Nadler, Gibson, Dunn & Crutcher LLP, New York, NY; Michael G. Farag, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for appellant.
    for defendant: James L. Patton, Jr., Robert S. Brady, Michael R. Nestor, Joseph M. Barry, Ryan M. Bartley, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for debtors.
    Case Number: D69533

    Bankruptcy court properly interpreted a disputed term based on the plain language of the contract itself, so extrinsic evidence was not necessary.

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    Georgia Construction Law Handbook 2024

    Authors: T. BART GARY, JAKE CARROLL

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  • Int'l Sec., LLC v. Berry

    Publication Date: 2021-06-30
    Practice Area: Business Torts
    Industry: State and Local Government
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: James S. Green, Jr., Jared T. Green, Seitz, Van Ogtrop & Green, P.A., Wilmington, DEs for plaintiff.
    for defendant: Joseph C. Handlon, Deputy Attorney General, State of Delaware Department of Justice, Wilmington, DE for defendants.
    Case Number: D69448

    Where state officials could initiate emergency suspension of plaintiff's license, plaintiff failed to allege procedural due process violation where plaintiff was advised of its right to request a hearing on the suspension and plaintiff could not refute the alleged existence of an emergency.

  • In re: Ursa Operating Co. LLC

    Publication Date: 2021-06-09
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Energy | Real Estate
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Maria Aprile Sawczuk, Goldstein & McClintock, LLP, Wilmington, DE; George A. Barton, Taylor P. Foye, Barton and Burrows, LLC, Mission, KS for royalty claimants.
    for defendant: Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Tay-lor, LLP, Wilmington, DE; Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; David Kronenberg, Sidley Austin LLP, Washington, DC; Robert S. Velevis, Sidley Austin LLP, Dallas, TX for wind-down debtor. John H. Knight, Amanda R. Steele, David T. Queroli, Richards, Layton & Finger, P.A., Wilmington, DE; Ana Alfonso, Erin Ryan, Wilkie Farr & Gallagher LLP, New York, NY for Wells Fargo Bank.
    Case Number: D69426

    Royalty claimants were not entitled to an emergency stay in this appeal because they failed to show irrepa-rable harm or a likelihood of success.

  • Omega Capital Mgmt. Partners, LLC v. Schrage

    Publication Date: 2021-06-09
    Practice Area: Contracts
    Industry: Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Aman K. Sharma, Igwe & Sharma, LLC, Wilmington, DE; E. Jordan Teague, Beau B. Brogdon, Campbell Teague LLC, Greenville, SC for plaintiff.
    for defendant: Albert J. Carroll, P. Clarkson Collins, Jr., Christopher P. Quinn, Barnaby Grzaslewicz, Morris James LLP, Wilmington, DE for defendant.
    Case Number: D69429

    The court granted defendant's motion to dismiss because plaintiff alleged only an "agreement to agree" ra-ther than an enforceable contract.

  • vMedex, Inc. v. TDS Operating, Inc.

    Publication Date: 2021-05-19
    Practice Area: Contractual Disputes
    Industry: Software
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Ann M. Kashishian, Kashishian Law LLC, Wilmington, DE; Marlo J. Hittman, Law Office of Marlo J. Hittman, Livingston, NJ for plaintiffs.
    for defendant: Marc S. Casarino, White & Williams LLP, Wilmington, DE; David M. Friebus, Baker & Hostetler LLP, Chica-go, IL for defendants.
    Case Number: D69404

    The court granted defendants' motion to dismiss plaintiffs' claims with prejudice, except for one claim per-taining to an earn-out provision.

  • Consumer Fin. Prot. Bureau v. The Nat'l Collegiate Master Student Loan Trust

    Publication Date: 2021-04-21
    Practice Area: Creditors' and Debtors' Rights
    Industry: Financial Services and Banking | Federal Government
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Gabriel S.H. Hopkins, Jane M.E. Peterson, Stephen C. Jacques, Consumer Financial Protection Bureau, Washington, DC for plaintiff.
    for defendant: Kurt M. Heyman, Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Erik W. Haas, Peter W. Tomlinson, Joshua Kipnees, George A. LoBiondo, Jared Buszin, Devon Hercher, Peter Shakro, Patterson Belknap Webb & Tyler LLP, New York, NY; Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE; Nicholas H. Pennington, Stevens & Lee, P.C., King of Prussia, PA; Stephen B. Brauerman, Jason C. Jowers, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE for intervenors.
    Case Number: D69366

    Where CFPB director lacked constitutional authority to initiate an enforcement action, failure of the agency to take diligent action to preserve its enforcement rights meant that ratification by validly appointed director outside the statute of limitation was untimely.