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Publication Date: 2020-10-28
Practice Area: Insurance Law
Industry: Insurance | Manufacturing
Court: Delaware Supreme Court
Judge: Justice Traynor
Attorneys: For plaintiff: Ilana H. Eisenstein, Rachel A.H. Horton, DLA Piper LLP (US), Philadelphia, PA; Aidan M. McCormack, DLA Piper LLP (US), New York, NY; John L. Reed, Matthew Denn and Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE for plaintiff.
for defendant: David B. Goodwin, Christine S. Haskett, Covington & Burling LLP, San Francisco, CA; David J. Baldwin, Berger Harris LLP, Wilmington, DE for defendant.
Case Number: D69173
Expert testimony regarding lost earnings was consistent with the provisions of the business interruption coverage portion of the insurance policies.
Publication Date: 2020-10-28
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Mining and Resources
Court: Delaware Supreme Court
Judge: Justice Montgomery-Reeves
Attorneys: For plaintiff: Samuel T. Hirzel, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Lawrence M. Rolnick, Steven M. Hecht, Rolnick Kramer Sadighi LLP, New York, NY for appellants.
for defendant: S. Mark Hurd, Lauren Neal Bennett, Morris, Nichols, Arsht & Tunell LLP, Wilmington, DE; James R. Warnot, Jr., Adam S. Lurie, Brenda D. DiLuigi, Nicole E. Jerry, Elizabeth M. Raulston, Linklaters LLP, New York, NY for appellee.
Case Number: D69166
Rejection of stockholders' appraisal action not an abuse of discretion where multiple indicia of reliability supported chancery court's decision to find deal price the most persuasive indicator of acquired company's value.
Publication Date: 2020-09-23
Practice Area: Deals and Transactions
Industry: Financial Services and Banking | Real Estate
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff:
for defendant:
Case Number: D69133
Plaintiff failed to state claims for promissory estoppel and unjust enrichment in connection with a proposed transaction which never materialized. Affirmed.
Publication Date: 2020-09-23
Practice Area: Insurance Law
Industry: Health Care | Insurance
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: John S. Spadaro, John Sheehan Spadaro, LLC, Smyrna, DE for plaintiff.
for defendant: Colin M. Shalk, Casarino Christman Shalk Ransom & Doss, P.A., Wilmington, DE; Kyle G.A. Wallace, Gavin Reinke, Alston & Bird LLP, Atlanta, GA for defendants.
Case Number: D69132
The Delaware Supreme Court held the lower court erred in holding that an insurer had the burden of proof with respect to the reasonableness of reductions in the amounts charged by a medical provider.
Publication Date: 2020-08-19
Practice Area: Corporate Governance
Industry: Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Montgomery-Reeves
Attorneys: For plaintiff: Carl D. Neff and Kasey H. DeSantis, Fox Rothschild LLP, Wilmington, DE; Manuel A. Mesa, Mesa & Pepin, LLC, Miami, FL for petitioner.
for defendant: Neil R. Lapinski, William M. Kelleher and Phillip A. Giordano, Gordon Fournaris & Mammarella, P.A., Wilmington, DE for respondents.
Case Number: D69093
Although a shareholder met the statutory prerequisites for a court-ordered election, the court properly rejected the petition because confusion existed regarding another state's orders.
Law Journal Press | Digital Book
Authors: Michael D. Malfitano
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Publication Date: 2020-08-05
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Harold M. Walter, Baltimore, MD for appellants.
for defendant: David L. Finger, Finger and Slanina, LLC, Wilmington, DE for appellee.
Case Number: D69054
Court did not err in dismissing case for lack of personal jurisdiction where it found parties' contracts were not binding agreements as objective evidence demonstrated that the parties had not unambiguously manifested their intent to be bound to the agreements.
Publication Date: 2020-08-05
Practice Area: Motor Vehicle Torts
Industry: Insurance
Court: Delaware Supreme Court
Judge: Justice Montgomery-Reeves
Attorneys: For plaintiff: Melissa L. Rhoads, Esquire, Tighe & Cottrell, P.A., Wilmington, DE for appellants.
for defendant: Scott L. Silar, Esquire, Reger Rizzo & Darnell LLP, Wilmington, DE for appellees.
Case Number: D69056
Plaintiffs could bring claim against an estate outside the eight-month limitations period where judgment on such claims would be paid by a decedent's insurance carrier.
Publication Date: 2020-07-29
Practice Area: Corporate Entities
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Carl D. Neff and E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE for plaintiff.
for defendant: John J. Tumilty, Barnes-Brown & Pendleton, P.C., Waltham, MA; Raymond J. DiCamillo and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.
Case Number: D69067
The chancery court erred by reading a "necessary and essential" requirement into a partnership books and records request.
Publication Date: 2020-07-22
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Harold M. Walter, Baltimore, MD for appellants.
for defendant: David L. Finger, Finger and Slanina, LLC, Wilmington, DE for appellee.
Case Number: D69054
Court did not err in dismissing case for lack of personal jurisdiction where it found parties' contracts were not binding agreements as objective evidence demonstrated that the parties had not unambiguously manifested their intent to be bound to the agreements.
Publication Date: 2020-07-22
Practice Area: Motor Vehicle Torts
Industry: Insurance
Court: Delaware Supreme Court
Judge: Justice Montgomery-Reeves
Attorneys: For plaintiff: Melissa L. Rhoads, Esquire, Tighe & Cottrell, P.A., Wilmington, DE for appellants.
for defendant: Scott L. Silar, Esquire, Reger Rizzo & Darnell LLP, Wilmington, DE for appellees.
Case Number: D69056
Plaintiffs could bring claim against an estate outside the eight-month limitations period where judgment on such claims would be paid by a decedent's insurance carrier.
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