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Publication Date: 2020-07-15
Practice Area: Contracts
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: William D. Sullivan, Sullivan Hazeltine Allinson LLC, Wilmington, DE; Philip S. Rosenzweig, Silverang, Rosenzweig & Haltzman, LLC, King of Prussia, PA for plaintiffs.
for defendant: R. Karl Hill, Seitz, Van Ogtrop & Green, P.A., Wilmington, DE for defendants.
Case Number: D69050
The record provided evidence which could support the existence of an enforceable oral contract, so the court denied defendants' motion for summary judgment.
Publication Date: 2020-07-08
Practice Area: Corporate Governance
Industry: Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for plaintiff.
for defendant: Elena C. Norman and Richard J. Thomas, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Peter A. Wald and Blair Connelly, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Henley, James and Hurd. A. Thompson Bayliss and E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; John W. Spiegel, George M. Garvey and John M. Gildersleeve, Munger, Tolles & Olson LLP, Los Angeles, CA for defendant Goldberg. Andrew S. Dupre and Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Robert P. Feldman and Christopher D. Kercher, Quinn Emanuel Urquhart & Sullivan, LLP, Redwood Shores, CA and New York, NY for defendant Nelson. Thomas A. Beck, Blake Rohrbacher, Susan M. Hannigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A. , Wilmington, DE for nominal defendant Oracle Corp.
Case Number: D69043
Fiduciaries for an acquired entity did not engage in aiding and abetting, because they did not provide substantial assistance to the buyer's fiduciaries in breaching their duties.
Publication Date: 2020-07-08
Practice Area: Corporate Entities
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Brian E. Farnan and Michael J. Farnan, Farnan LLP, Wilmington, DE; Marc L. Newman, Christopher D. Kaye and Mahde Y. Abdallah, The Miller Law Firm, P.C., Rochester, MI for plaintiffs.
for defendant: Richard P. Rollo, Travis S. Hunter, Angela Lam and John T. Miraglia, Richards, Layton & Finger, P.A., Wilmington, DE; Alan S. Loewinsohn and Kerry Schonwald, Loewinsohn Flegle Deary Simon LLP, Dallas, TX for defendants.
Case Number: D69042
In this dispute among the developers of an apartment complex, the court found that the majority of issues required a more detailed factual record, so it denied most of the parties' cross-motions for summary judgment.
Publication Date: 2020-06-24
Practice Area: Contractual Disputes
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Kathleen M. Miller and Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE for plaintiffs.
for defendant: Jeffrey Goddess, Cooch and Taylor, P.A., Wilmington, DE; Robert A. Goodin, Goodin, MacBride, Squeri & Day, LLP, San Francisco for defendant.
Case Number: D69029
A forum selection clause in a company's operating agreement did not bestow personal jurisdiction over a non-resident defendant, because he was not a party to the agreement, nor did he receive any benefit from it.
Publication Date: 2020-06-24
Practice Area: Corporate Entities
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Stephen L. Caponi and Matthew B. Goeller, K&L Gates LLP, Wilmington, DE for plaintiffs.
for defendant: Patricia L. Enerio and Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defendant.
Case Number: D69028
Plaintiffs were not entitled to a books and records request, but the court allowed a contract claim for specific performance to proceed as a plenary action.
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Authors: Thomas P. Scrivo, Steven H. Sholk, Gibbons P.C.
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Publication Date: 2020-06-24
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Ned Weinberger, Derrick Farrell, Mark Richardson, Thomas Curry and Dominic Minerva, Labaton Sucharow LLP, Wilmington, DE and New York, NY; David M. Cooper, Silpa Maruri, Dominic Pody and James Meehan, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Peter B. Andrews, Craig J. Springer and David Sborz, Andrews & Springer LLC, Wilmington, DE; Chad Johnson and Noam Mandel, Robins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman and David F.E. Tejtel. Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiffs.
for defendant: Gregory P. Williams, John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; John L Latham, Cara M. Peterman and Gidon M. Caine, Charles W. Cox, Alston & Bird LLP, Atlanta, GA, Palo Alto, CA and Los Angeles, CA for defendants Dell, Durban, Patterson and Kullman. Martin S. Lessner, Elena C. Norman, James M. Yoch, Jr. and Lauren Dunkle Fortunato, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; James G. Kreissman, Stephen P. Blake and David Elbaum, Simpson Thacher & Bartlett LLP, New York, NY for defendant Silver Lake Group LLC. Kevin G. Abrams, Michael A. Barlow and April M. Kirby, Abrams & Bayliss LLP, Wilmington, DE; Michele D. Johnson, Kristin N. Murphy and Ryan A. Walsh, Latham & Watkins LLP, Costa Mesa, CA for defendants Green and Dorman.
Case Number: D69027
Plaintiffs alleged sufficient facts to trigger the entire fairness standard of review, so the court denied defen-dants' motion to dismiss.
Publication Date: 2020-06-24
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys: For plaintiff: Blake Rohrbacher and Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE; David Lackowitz and Alexandra Kolod, Moses & Singer LLP, New York, NY for plaintiff.
for defendant: Julia B. Klein, Klein LLC, Wilmington, DE; Justin S. Stern, Frigon Maher & Stern LLP, New York, NY for defendant.
Case Number: D69024
Breach of contract claim failed where joinder agreement adding plaintiff as a party to a purchase agreement was not executed by all the parties required to amend the purchase agreement, thereby rendering the joinder agreement invalid.
Publication Date: 2020-06-24
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Michael A. Pittenger, Berton W. Ashman, Jr., and David M. Hahn, Potter Anderson & Corroon LLP, Wilmington, DE; William M. Regan and David R. Michaeli, E Hogan Lovells US LLP, New York, NY; Mark C. Hansen and John Thorne, Kellogg Hansen Todd Figel & Frederick PLLC, Washington, DC for plaintiffs.
for defendant: Rudolf Koch, Kevin M. Gallagher, and Ryan D. Konstanzer, Richards, Layton & Finger, P.A., Wilmington, DE; Jack W. Pirozzolo and Ben Schwarz, Sidley Austin LLP, Boston, MY; Christopher M. Egleson, Sidley Austin LLP, Los Angeles, CA for defendants.
Case Number: D69022
Buyer of company adequately pled breach of contract and fraud claims by alleging sellers knowingly made representations that breached the transaction's representations and warranties and seeking rescission of the deal.
Publication Date: 2020-06-17
Practice Area: Employment Litigation
Industry: Insurance
Court: Court of Chancery
Judge: Chancellor LeGrow
Attorneys: For plaintiff: Martin S. Lessner, Lauren Dunkle Fortunato and Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for plaintiffs.
for defendant: Gregory P. Williams, Blake Rohrbacher, Matthew D. Perri and Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE; Joseph G. Santoro and Roger W. Feicht, Gunster, West Palm Beach, FL for defendants.
Case Number: D69018
Plaintiffs stated claims for breach of their employment agreements and for breach of the implied covenant of good faith and fair dealing, but the court granted defendants' motion to dismiss the remainder of their claims.
Publication Date: 2020-06-17
Practice Area: Mergers and Acquisitions
Industry: Food and Beverage | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP , San Diego, CA for plaintiff.
for defendant: Rudolf Koch, Matthew D. Perri and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Adam L. Sisitsky, Lavinia M. Weizel, Robert I. Bodian and Scott A. Rader, Mintz, Levin, Cohn, Ferris, Glovsky & Popeo, P.C., New York, NY and Boston, MA for independent director defendants. William B. Chandler III, Bradley D. Sorrels, Lindsay K. Faccenda and Daniyal M. Iqbal, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE for defendant Duggan. Patricia L. Enerio, Jamie L. Brown and Gillian L. Andrews, Heyman Enerio Gattuso & Hirzell LLP, Wilmington, DE for defendant Anicetti. Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Matthew A. Schwartz and Joshua S. Levy, Sullivan & Cromwell LLP, New York, NY for J.P. Morgan defendants. William M. Lafferty, S. Mark Hurd, Thomas W. Briggs, Jr. and Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Stuart W. Gold and Richard W. Clary, Cravath, Swaine & Moore LLP, New York, NY for defendant Cravath, Swaine & Moore, LLP. Kevin R. Shannon and Matthew F. Davis, Potter, Anderson & Corroon LLP, Wilmington, DE; Jonathan Rosenberg and Abby F. Rudzin, O’Melveny & Myers LLP, New York, NY for Apollo defendants. John L. Reed, Peter H. Kyle and David Clarke, Jr., DLA Piper LLP., Wilmington, DE and Washington, DC for Berry defendants.
Case Number: D69017
Plaintiff adequately alleged an aiding and abetting claim against a financial advisor, but the court dismissed the other aiding and abetting claims.
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