Publication Date: 2022-03-08
Practice Area: Corporate Governance
Industry: Software
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Brandon W. McCune, Blank Rome LLP, Wilmington, DE; Patrick J. Hannon, Hartley Michon Robb Hannon, LLP, Boston, MA for plaintiff.
for defendant: Richard M. Beck, Sean M. Brennecke, Klehr Harrison Harvey Branzburg LLP, Wilmington, DE; Lawrence P. Murray, Gregory Paonessa, Burns & Levinson LLP, Boston, MA; Kevin J. Mangan, Womble Bond Dickinson (US) LLP, Wilmington, DE; Hayden J. Silver, III, Womble Bond Dickinson (US) LLP, Raleigh, NC; S. Michael Sirkin, R. Garrett Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Scott C. Ford Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., Boston, MA; Samuel T. Hirzel, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Kevin T. Peters, Michael D. Brier, Gesmer Updegrove LLP, Boston, MA for defendants.
Case Number: D69734
The court held that plaintiff adequately pled a breach of contract claim where he alleged the applicable agreement contained an unambiguous requirement that notice of share sales be given to all stockholders.