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Publication Date: 2019-08-28
Practice Area: Labor Law
Industry: Accounting | Health Care | Insurance
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys: For plaintiff: Thad. J. Bracegirdle and Julie M. O’Dell, Wilks, Lukoff & Bracegirdle LLC, Wilmington, DE, Jerome R. Bowen, Bowen Law Offices, Las Vegas, NV for plaintiff.
for defendant: Sean J. Bellew, Bellew, LLC, Wilmington, DE for defendants.
Case Number: D68678
Company could force former CEO to provide accounting of transactions with company owned by the CEO, but failed to make prima facie case to require CEO to undertake accounting of all other challenged transactions since many other company employees were authorized to make expenditures.
Publication Date: 2019-08-21
Practice Area: Corporate Entities
Industry: Health Care | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: David E. Ross and Bradley R. Aronstam, Ross Aronstam & Moritz LLP, Wilmington, DE; Joshua S. Amsel, Matthew R. Friedenberg, and Thomas G. James, Weil, Gotshal & Manges, LLP, New York, NY for plaintiffs.
for defendant: David E. Ross and Bradley R. Aronstam, Ross Aronstam & Moritz LLP, Wilmington, DE for receiver.
Case Number: D67675
Judicial dissolution of limited partnership granted where principal manager demonstrated unwillingness or inability to operate business based on repeated refusals to work with court-appointed receiver or comply with court orders.
Publication Date: 2019-08-21
Practice Area: Real Estate
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: William P. Brady, The Brady Law Firm, P.A., Wilmington, DE for petitioners.
for defendant: John R. Weaver, John R. Weaver Jr. P.A., Wilmington, DE for respondent.
Case Number: D67673
Abutting homeowners entitled to easement for common use of driveway where expressly granted by deed, with scope of easement determined by decades of use by the parties demonstrating coexistence between dominant and servient estates.
Publication Date: 2019-08-14
Practice Area: Corporate Governance
Industry: Retail
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys: For plaintiff: Thomas A. Uebler and Jeremy J. Riley, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE; Melinda A. Nicholson, Kahn Swick & Foti, LLC, New Orleans, LA; Roger A. Sachar, Newman Ferrara LLP, New York, NY for plaintiff.
for defendant: William M. Lafferty, Susan W. Waesco and Riley T. Svikhart of Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Meryl L. Young, Jason J. Mendro and Lissa M. Percopo of Gibson, Dunn & Crutcher LLP, Irvine, CA and Washington, DC for defend-ants.
Case Number: D68666
In this derivative action, plaintiff failed to allege particularized facts that defendant directors acted in bad faith or to demon-strate demand futility.
Publication Date: 2019-08-14
Practice Area: Contractual Disputes
Industry: Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: C. Barr Flinn, Emily V. Burton and Elisabeth S. Bradley,Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Nicholas M. Oertel, Richard C. Kraus and James B. Jensen, Jr., Foster Swift Collins & Smith PC, Lansing, MI for plaintiffs.
for defendant: William J. Lafferty, Kevin M. Coen and Jarrett W. Horowitz, Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, DE; Craig S. Primis and K. Winn Allen, Kirkland & Ellis LLP, Washington, DC for defendant.
Case Number: D68665
The court granted summary judgment on buyer's claims for indemnification of tax payments because those claims were not ripe for adjudication.
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Publication Date: 2019-08-14
Practice Area: Insurance Law
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Martin S. Lessner, Richard J. Thomas, and M. Paige Valeski, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; James P. Gillespie, Kirkland & Ellis LLP, Washington, DC; Adam T. Humann, Kirkland & Ellis, New York, NY; Brian C. Ralston, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiffs.
for defendant: Kenneth J. Nachbar and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Joel Friedlander and Christopher P. Quinn, Friedlander & Gorris, P.A, Wilmington, De; John L. Jacobus, J. Walker Johnson, Catherine D. Cockerham, and Michael E. Stoll, Steptoe & Johnson LLP, Washington, DC, for defendants.
Case Number: D68662
Court lacked subject matter jurisdiction where plaintiffs would obtain complete relief if they received money damages from defendants' alleged breach of the parties' agreement.
Publication Date: 2019-08-14
Practice Area: Real Estate
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Michael R. Smith, The Smith Firm, LLC, Seaford, DE for petitioner.
for defendant: Richard H. Morse and Meghann O. Karasic, Community Legal Aid Society, Wilmington, DE for respondent.
Case Number: D68664
Discrimination claim failed where there was no evidence that the single act of alleged discrimination was motivated by claimants' race, familial status, or the disability of claimants' child.
Publication Date: 2019-08-07
Practice Area: Mergers and Acquisitions
Industry: Health Care | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys: For plaintiff: John L. Reed, Matthew Denn and Peter H. Kyle, DLA Piper LLP (US), Wilmington, DE for plaintiff.
for defendant: Carl D. Neff and Kasey H. DeSantis, Fox Rothschild LLP, Wilmington, DE; Matthew C. Baltay, Foley Hoag LLP, Boston, MA for defendant.
Case Number: D68657
Defendant adequately stated a counterclaim for indemnification based on breaches of representations and warranties, but the court dismissed a counterclaim for indemnification based on losses which had not yet been incurred.
Publication Date: 2019-08-07
Practice Area: Contractual Disputes
Industry: Financial Services and Banking
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: David E. Ross and Eric D. Selden, Ross, Aronstam & Moritz LLP, Wilmington, DE; K. Winn Allen, Kasdin M. Mitchell, Holly R. Trogdon and Rebecca W. Forrestal, Kirkland & Ellis LLP, Washington, DC for plaintiff.
for defendant: Michael A. Pittenger, Jennifer C. Wasson and Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Mary Eaton, Zeh Ekono and Le-Ahn Bui, Wilkie Farr & Gallagher LLP, New York, NY for defendant.
Case Number: D68661
Plaintiff adequately stated its claims for declaratory relief as to an earn-out provision in the parties' contract, and plaintiff was entitled to specific performance of a clause allowing access to books and records.
Publication Date: 2019-08-07
Practice Area: Corporate Governance
Industry: Consulting
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys: For plaintiff: Michael J. Barry and Christine M. Mackintosh, Grant & Eisenhoffer P.A., Wilmington, DE for plaintiffs Alaska Labor-ers-Employers Retirement Trust and City of Fort Myers Gen. Employees' Pension Fund. Lee D. Rudy, Geoffrey C. Jarvis, J. Daniel Albert and Stacey A. Greenspan, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for City of Fort Myers Gen. Em-ployees' Pension Fund. Bradley R. Aronstam and Roger S. Stronach, Ross Aronstam & Moritz LLP, Wilmington, DE
for defendant: John A. Neuwirth, Joshua S. Amsel, Matthew S. Connors, Amanda K. Pooler and Sean Moloney, Weil, Gotshal & Manges LLP, New York, NY for defendants Ganzi, Haley, Heisz, O'Neill, Rabbitt, Ray, Thomas and Zeller. Raymond J. DiCamillo and Sarah T. Andrade, Richards, Layton & Finger, P.A., Wilmington, DE; Richard S. Horvath, Jr., Paul Hastings LLP, San Francis-co, CA for defendants Ubben and ValueAct Capital Management, L.P.
Case Number: D68658
Stockholders failed to rebut the business judgment rule, because they did not present sufficient evidence of a conflict of inter-est.
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