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  • Wildfire Prods., LP v. Team Lemieux LLC

    Publication Date: 2022-07-12
    Practice Area: Corporate Governance
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Jon E. Abramczyk, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Daniel H. Shapira, Robert M. Barnes, Daniel J. Stuart, Marcus & Shapira LLP, Pittsburgh, PA for plaintiff.
    for defendant: Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Patricia L. Glaser, Craig H. Marcus, Nathaniel Wright, Glaser Weil Howard Avchen & Shapiro LLP, Los Angeles, CA for defendants.
    Case Number: D69882

    Professional sports league constitution required arbitration of ownership interest disputes before the league commissioner, and was not superseded by the team owners' partnership agreement since the league was not a party to that partnership agreement.

  • Innovate 2 Corp. v. Motorsport Games Inc.

    Publication Date: 2022-04-12
    Practice Area: Securities Litigation
    Industry: Entertainment and Leisure | Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Bibas
    Attorneys: For plaintiff: Joseph Benedict Cicero, Aidan T. Hamilton, Gregory Erich Stuhlman, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Matthew J. Reynolds, Sara G. Wilcox, Huth Reynolds LLP, New York, NY & Denver, CO; Ned C. Weinberger, Labaton Sucharow LLP, Wilmington, DE for plaintiffs.
    for defendant: Daniel A. O’Brien, Brian L. Schwalb, Venable LLP, Wilmington, DE for defendants.
    Case Number: D69779

    Minority stockholders plausibly alleged that controlling shareholder used insider knowledge to mislead the minority stockholders into being bought out for an unfair price where the now wholly owned company represented almost all the attributed value of the controlling shareholder, which soon after went public for a much higher price than the minority stockholders sold out for.

  • Chambers v. Canal Athletic Ass'n Inc.

    Publication Date: 2022-01-25
    Practice Area: Personal Injury
    Industry: Entertainment and Leisure | Manufacturing
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Philip T. Edwards, Murphy & Landon, Wilmington, DE; Samuel I. Reich, Laffey, Bucci & Kent, LLP, Philadelphia, PA for plaintiffs.
    for defendant: Matthew P. Donelson, Kent & McBride, P.C., Wilmington, DE; Thomas J. Gerard, Marshall Dennehey Warner Coleman & Goggin, Wilmington, DE for defendants.
    Case Number: D69693

    Manufacturer of concession stand had no liability to party injured by the structure's window where the purchaser of the stand specified that no securing latch be installed for the window and subsequently fitted its own latch.

  • Surf's Up Legacy Partners LLC v. Virgin Fest, LLC

    Publication Date: 2021-12-28
    Practice Area: Contracts
    Industry: Entertainment and Leisure | Legal Services
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Theodore A. Kittila, James G. MacMillan, III, Halloran Farkas + Kittila LLP, Wilmington, DE; Eric M. George, Kim S. Zeldin, Browne George Ross LLP, Los Angeles CA for plaintiffs.
    for defendant: Robert K. Beste, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Marvin S. Putnam, Jessica Stebbins Bina, R. Peter Durning, Jr., Latham & Watkins LLP, Los Angeles, CA for defendants.
    Case Number: D69659

    Motion of law firm to intervene to attach an attorney's lien for a judgment for unpaid legal fees denied where firm's right to attach the lien was contractually limited only to causes of actions that were the subject of the engagement agreement, and the firm sought to intervene in a completely unrelated legal action.

  • APX Operating Co., LLC v. HDI Global Ins. Co.

    Publication Date: 2021-11-30
    Practice Area: Insurance Law
    Industry: Entertainment and Leisure | Insurance
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: Brian M. Rostocki, Benjamin P. Chapple, Justin Forcier, John Ellison, Miranda Jannuzzi, Reed Smith LLP, Wilmington, DE for plaintiff.
    for defendant: John D. Balaguer, White and Williams LLP, Wilmington, DE; Kristin C. Cummins, Zelle LLP, Dallas, TX; Kristin A. Heres, Zelle LLP, Framingham, MA for defendant.
    Case Number: D69623

    The court found that the pollution and contamination exclusion in the subject property insurance policy barred plaintiff's claim for economic losses incurred from mandated shutdowns of its family entertainment centers caused by the COVID-19 pandemic.

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  • Feldman v. AS Roma SPV GP

    Publication Date: 2021-08-04
    Practice Area: Corporate Governance
    Industry: Entertainment and Leisure | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Peter B. Ladig, Brett M. McCartney, Sarah T. Andrade, Bayard, P.A., Wilmington, DE; Rishi Bhandari, Mandel Bhandari LLP, New York, NY for plaintiffs.
    for defendant: John L. Reed, Ronald N. Brown, III, Peter H. Kyle, DLA Piper LLP (US), Wilmington, DE for defendants.
    Case Number: D69487

    Minority shareholders in LLC failed to state a claim for inadequate disclosures where LLC control group was not obligated to provide, as part of a capital call for the LLC, a prediction of the likelihood of a sale of the company by a certain date.

  • In re: Appraisal of Regal Ent. Group

    Publication Date: 2021-06-02
    Practice Area: Mergers and Acquisitions
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Samuel T. Hirzel, II, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; David J. Margules, Elizabeth A. Sloan, Ballard Spahr LLP, Wilmington, DE; Thomas E. Redburn, Jr., Maya Ginsburg, Lowenstein Sandler LLP, New York, NY for petitioners.
    for defendant: Robert S. Saunders, Jenness E. Parker, Lauren N. Rosenello, Kaitlin E. Maloney, Justin C. Barrett, Andrew D. Kinsey, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for respondents.
    Case Number: D69419

    In this statutory appraisal proceeding, the court relied on the deal price minus synergies, and then added value connected with changes which occurred between the time of the merger agreement and the closing date.

  • Geronimo Music, LLC v. Copsidas

    Publication Date: 2021-05-05
    Practice Area: Contractual Disputes
    Industry: Entertainment and Leisure
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Randall J. Teti, Philip Trainer, Jr., Ashby & Geddes, Wilmington, DE for plaintiff.
    for defendant: Thomas E. Hanson, Jr., Barnes & Thornburg LLP, Wilmington, DE for defendant.
    Case Number: D69386

    A broad general release provision warranted the dismissal of plaintiff's indemnification claim, but the court declined to impose sanctions against plaintiff.

  • Surf's Up Legacy Partners, LLC v. Virgin Fest, LLC

    Publication Date: 2021-01-27
    Practice Area: Deals and Transactions
    Industry: Entertainment and Leisure
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Theodore A. Kittila, James G. MacMillan, III, Halloran Farkas + Kittila LLP, Wilmington, DE; Eric M. George, Kim S. Zeldin, Browne George Ross LLP, Los Angeles, CA for plaintiffs.
    for defendant: Robert K. Beste, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Marvin S. Putnam, Jessica Stebbins Bina, Lathan & Watkins LLP, Los Angeles, CA for defendants.
    Case Number: D69276

    The court granted a motion to dismiss plaintiffs' claim for tortious interference with contractual relations, but defendants alleged sufficient facts in support of their fraud-based counterclaims.

  • Moscowitz v. Theory Ent. LLC

    Publication Date: 2020-11-25
    Practice Area: Contractual Disputes
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Stephen B. Brauerman, Bayard, P.A., Wilmington, DE; Stanton L. Stein, Ashley R. Yeargan, Russ, August & Kabat, Los Angeles, CA for plaintiff.
    for defendant: Kevin G. Abrams, Michael A. Barlow, Joseph A. Sparco, Abrams & Bayliss LLP, Wilmington, DE; Scott A. Edelman, Ilissa Samplin, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for defendant.
    Case Number: D69202

    Plaintiff was bound by the terms of an agreement regarding the company's right to repurchase his owner-ship units following his resignation, but questions remained regarding the validity and effect of plaintiff's no-tices of resignation.