• FP UC Holdings, LLC v. Hamilton

    Publication Date: 2020-04-15
    Practice Area: Employment Litigation
    Industry: Health Care
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Gregory B. Williams and E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE; Jeffrey J. Bushofsky and Timothy R. Farrell, Ropes & Gray LLP, Chicago, IL for plaintiffs.
    for defendant: Travis S. Hunter and Tyler E. Cragg, Richards, Layton & Finger, P.A., Wilmington, DE; Grant A. Wright and Max D. Wright, Wright Law, P.C., Tuscumbia, AL for defendants.

    Case Number: D68945

    The court denied plaintiffs' request for a preliminary injunction that would have shut down defendants' competing business, because plaintiffs failed to establish that they were likely to succeed on the merits.

  • Shabbouei v. Potdevin

    Publication Date: 2020-04-15
    Practice Area: Corporate Governance
    Industry: Consumer Products
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Blake A. Bennett, Cooch and Taylor, P.A., Wilmington, DE; Brian J. Robbins, Stephen J. Oddo and Steven R. Wedeking, Rob-bins Arroyo LLP, San Diego, CA for plaintiff.
    for defendant: Bradley R. Aronstam and Roger S. Stronach, Ross Aronstam & Moritz LLP, Wilmington, DE; Joseph S. Allerhand, Stephen A. Radin and Thomas G. James, Weil, Gotshal & Manges LLP, New York, NY for individual defendants and nominal corporate defendant.

    Case Number: D68947

    In this derivative action, plaintiff failed to demonstrate demand futility, so the court granted defendants' motion to dismiss the complaint in its entirety.

  • The Chemours Co. v. DowDuPont Inc.

    Publication Date: 2020-04-15
    Practice Area: Corporate Entities
    Industry: Chemicals and Materials | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey Gorris, Christopher Foulds, and Christopher P. Quinn, Friedlander & Gorris P.A., Wilmington, DE; William Savitt, Wachtell, Lipton, Rosen & Katz, New York, NY for plaintiff.
    for defendant: Robert S. Saunders, Jennifer C. Voss, Arthur R. Bookout, and Jessica R. Kunz, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for defendants.

    Case Number: D68944

    Complaint dismissed where parties had agreed to arbitration clause that included broad delegation provision, which was not void or unconscionable simply because parent corporation had dictated terms to subsidiary.

  • Ray v. Williams

    Publication Date: 2020-04-15
    Practice Area: Trusts and Estates
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Neil R. Lapinski and Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for plaintiffs.
    for defendant: Jason C. Powell, The Powell Firm, LLC, Wilmington, DE for defendant.

    Case Number: D68946

    Decedent's daughters did not exercise undue influence with respect to his burial plans and beneficiary changes on his insurance policies. The court denied a request to have decedent's body disinterred.

  • Buckley Family Trust v. McCleary

    Publication Date: 2020-04-15
    Practice Area: Corporate Governance
    Industry: Food and Beverage | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Peter J. Walsh, Jr. and Jacqueline A. Rogers, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiff.
    for defendant: Daniel A. Dreisbach, Richard P. Rollo, and Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE for defendants.

    Case Number: D68943

    Shareholder derivative complaint dismissed where directors reasonably exercised business judgment to decline to issue dividends and on other issues, such that directors faced no substantial risk of personal liability and could have impartially considered litigation demand.

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    Pennsylvania Commercial Litigation, Ninth Edition

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  • Walsh v. White House Post Prod., LLC

    Publication Date: 2020-04-08
    Practice Area: Contractual Disputes
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Joseph Andrews, Law Office of Joseph Andrews, Dover, DE; Joseph K. Jones and Anand A. Kapasi, Jones, Wolf & Kapasi, LLC, New York, NY for plaintiffs.
    for defendant: S. Mark Hurd, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Antony S. Burt and Jin Yan, Schiff Hardin LLP, Chicago, IL for defendants.

    Case Number: D68940

    An LLC buyout provision was a form of option contract, so the court denied defendant's motion to dismiss plaintiffs' breach of contract claim.

  • RCS Creditor Trust v. Schorsch

    Publication Date: 2020-04-08
    Practice Area: Discovery
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr. and Marie M. Degnan, Ashby & Geddes, Wilmington, DE; John P. Coffey, Gregory A. Horowitz and Anna K. Ostrom, Kramer Levin Naftalis & Frankel, New York, NY for plaintiff.
    for defendant: Elizabeth A. Sloan and Brittany M. Giusini of Ballard Spahr LLP, Wilmington, DE; Michael C. Miller, Evan Glassman, Michael G. Scavelli, Steptoe & Johnson LLP, New York, NY; Mark Murphy, Steptoe & Johnson LLP, Washington, DC for defendant Block. Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Allan J. Arffa, Gregory F. Laufer and Jeremy A. Benjamin, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY for remaining defendants.

    Case Number: D68939

    Communications between plaintiff's counsel and a third party were subject to the attorney-client privilege based on the com-mon interest doctrine. Motion to compel denied.

  • CHC Inv., LLC v. FirstSun Capital Bancorp

    Publication Date: 2020-04-08
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: John G. Day, Prickett, Jones & Elliott, P.A., Wilmington, DE; Michael C. Manning, Jeffrey J. Goulder, Stefan M. Palys, and Christy M. Milliken, Stinson Leonard Street LLP, Phoenix, AZ for plaintiff.
    for defendant: Jon E. Abramczyk, William M. Lafferty, and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Lawrence Portnoy, Julia Kiechel, M. Nicholas Sage, and Caroline Stern, Davis Polk & Wardwell LLP, New York, NY for defendants.

    Case Number: D68934

    Securities fraud claim dismissed pursuant to the statute of limitations, where court applied Delaware's shorter limitations period, where plaintiff was not forced to file in Delaware pursuant to an agreed-upon forum selection clause.

  • 360 Campaign Consulting, LLC v. Diversity Commc'n, LLC

    Publication Date: 2020-04-01
    Practice Area: Corporate Governance
    Industry: Consulting
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Martin S. Lessner and Alberto E. Chávez, Young, Conaway, Stargatt & Taylor, LLP, Wilmington, DE; Steven J. Cohen and Stella L. Sainty, Watchel Missry LLP, New York, NY for plaintiff.
    for defendant: Raymond J. DiCamillo, Brock E. Czeschin, and Megan E. O’Connor, Richards, Layton & Finger, P.A., Wilmington, DE; Mariam W. Tadros and Roya Vasseghi, Rees Broome, PC, Tysons Corner, VA; Kellie Budd, Doumar Martin, PLLC, Arlington, VA for defendants.

    Case Number: D68926

    Claims that arose from defendant's alleged breach of an LLC operating agreement were subject to the agreement's arbitration provision that required arbitration of all disputes among members relating to or arising from the operating agreement.

  • SolarReserve CSP Holdings, LLC v. Tonopah Solar Energy, LLC

    Publication Date: 2020-04-01
    Practice Area: Corporate Entities
    Industry: Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Francis G.X. Pileggi, Eckert Seamans Cherin & Mellott, LLC, Wilmington, DE; Michael G. Platner, John S. Poulos and Vincent F. Alexander, Lewis Brisbois Bisgaard & Smith LLP, Fort Lauderdale, FL for plaintiff.
    for defendant: Andrew D. Cordo, Shannon E. German, Nora M. Crawford, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE ; Mat-thew A. Feldman, Todd G. Cosenza, Charles D. Cording, Willkie Farr & Gallagher LLP, New York, NY for defendant.

    Case Number: D68931

    An entity that had only an indirect equity interest in a limited liability company did not qualify to seek statutory dissolution of the LLC because it was neither a member nor a manager, and it was not entitled to dissolve the company as a matter of equity. Motion to dismiss granted.