• Rivera v. Angkor Capital Ltd.

    Publication Date: 2024-09-03
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Thad J. Bracegirdle, Bayard, P.A., Wilmington, DE for plaintiff.
    for defendant: Neil R. Lapinski, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.

    Case Number: 2022-0671-MTZ

    Although a corporation that was void before filing suit meant it lacked authority to pursue litigation and thus rendered the final judgment in the suit likely void, the court lacked the authority to sua sponte set aside the judgment absent fraud upon the court.

  • Winklevoss Capital Fund, LLC v. Shaw

    Publication Date: 2024-09-03
    Practice Area: Damages
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: P. Clarkson Collins, Albert J. Carroll, Kirsten A. Zeberkiewicz, Morris James LLP, Wilmington, DE; Charles J. Harder, Ryan J. Stonerock, Steven H. Frackman, Jordan A. Gonzales, Harder Stonerock LLP, Los Angeles, CA for plaintiffs.
    for defendant: Stephen Shaw, Beverly Hills, CA, pro se defendant.

    Case Number: 2018-0398-NAC

    Court declined to award rescissory damages in default judgment where plaintiffs' operative complaint had only sought compensatory damages, since allowing a plaintiff to change their theory of recovery post-default was unfair to a defendant who may have rationally chosen to default.

  • L-5 Healthcare Partners, LLC v. Alphatec Holdings, Inc.

    Publication Date: 2024-09-03
    Practice Area: Contracts
    Industry: Financial Services and Banking | Biotechnology | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: William M. Lafferty, D. McKinley Measley, Thomas P. Will, Alexandra M. Cumings, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Antonio Yanez, Jr., Brady Sullivan, Willkie Farr & Gallagher LLP, New York, NY; Alexander L. Cheney, Willkie Farr & Gallagher LLP, San Francisco, CA for plaintiff.
    for defendant: Philip A. Rovner, Potter Anderson & Corroon LLP, Wilmington, DE; Krista M. Enns, Edward C. Wipper, Benesch Friedlander Coplan & Aronoff LLP, New York, NY for defendant.

    Case Number: 2019-0412-NAC

    Court enforced contractual specific remedy provision where breaching party offered no persuasive argument for disregarding the clause and ordered the breaching party to perform at the value the warrant to purchase shares had at the time of its breach.

  • Sunstone Partners Mgmt., LLC v. Snyopsys, Inc.

    Publication Date: 2024-08-27
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Chancellor Wallace
    Attorneys: For plaintiff: Rudolf Koch, Nicholas F. Mastria, Richards, Layton & Finger P.A, Wilmington, DE; Adam Slutsky, Godwin Proctor, LLP, Boston, MA for plaintiff.
    for defendant: Tammy L. Mercer, Jillian A. Tyson, Young Conaway Stargatt & Taylor, LLP Wilmington, DE; N. Thomas Connallly, III, Christopher T. Pickens, Patrick T. Michael, and Samuel W. Yergin, Hogan Lovells US LLP, Tysons, VA for defendant.

    Case Number: 2024-0261-PRW

    Court found no breach of an exclusivity provision in a letter of intent where the provision merely prohibited soliciting proposals for a sale of the subject business, rather than communications about a potential transaction, and announcing consideration of strategic alternatives did not rise to the level of a firm solicitation.

  • In re: AmeriFirst Fin. Inc.

    Publication Date: 2024-08-27
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: U.S. Bankruptcy Court
    Judge: Judge Horan
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 23-11240 (TMH)

    Court authorized unsecured creditors committee to pursue fraudulent transfer claims against first-priority secured creditor where it allegedly forced debtor to concede financial control that the secured creditor used to obtain potentially avoidable transactions.

  • Law Journal Press | Digital Book

    New Jersey Estate Litigation 2014

    Authors: Michael R. Griffinger, Paul F. Cullum III

    View this Book

    View more book results for the query "*"

  • In re Dell Tech., Inc. Class V Stockholders Litig.

    Publication Date: 2024-08-27
    Practice Area: Corporate Governance
    Industry: Electronics | Investments and Investment Advisory | Software
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Stephen B. Brauerman, Sarah T. Andrade, Bayard, P.A., Wilmington, DE for appellant.
    for defendant: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Domenico Minerva, Joseph Cotilletta, Labaton Sucharow LLP, New York, NY; David M. Cooper, Silpa Maruri, George T. Phillips, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; William R. Sears, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Robert Gerson, Jonathan Zweig, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David F.E. Tejtel, Christopher M. Windover, Lindsay La Marca, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for appellee.

    Case Number: 349, 2023

    Court upheld counsel fee of 26 percent of $1 billion settlement where Delaware disfavored per se rules governing reasonableness of fee awards and chancery court adequately explained the reasonable value of the award.

  • Erste Asset Mgmt. GmbH v. Hees

    Publication Date: 2024-08-20
    Practice Area: Corporate Governance
    Industry: Consulting | Food and Beverage | Investments and Investment Advisory | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher M. Foulds, Friedlander & Gorris, P.A., Wilmington, DE; Lawrence P. Eagel, Melissa Fortunato, Marion C. Passmore, Brandon Walker, Bragar Eagel & Squire, P.C., New York, NY for plaintiff.
    for defendant: Matthew D. Stachel, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Daniel J. Kramer, Andrew J. Ehrlich, Robert N. Kravitz, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Michael A. Pittenger, Jacqueline A. Rogers, Caneel Radinson-Blasucci, Camilia R. Katkocin, Potter Anderson & Corroon LLP, Wilmington, DE; Sandra C. Goldstein, Stefan Atkinson, Kevin M. Neylan, Jr., Kirkland & Ellis LLP, New York, NY for defendants.

    Case Number: 2023-1191-LWW

    Court denied relief from dismissed action where "newly discovered evidence" was available to plaintiff long before it filed its initial derivative complaint.

  • Mitchell Partners, L.P. v. AMFI Corp.

    Publication Date: 2024-08-20
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: R. Bruce McNew, Cooch and Taylor, P.A., Wilmington, DE for plaintiff.
    for defendant: Lisa M. Zwally, Bryan T. Reed, Greenberg Traurig, LLP, Wilmington, DE for defendants.

    Case Number: 2020-0985-KSJM ("AMFI I")

    Court denied reargument of decision finding waiver of claim where plaintiff failed to brief the claim aside from a single reference in its papers.

  • Hyde Park Venture Partners Fund III, L.P. v. FairXchange, LLC

    Publication Date: 2024-08-13
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: A. Thompson Bayliss, Samuel D. Cordle, Anthony R. Sarna, Abrams & Bayliss LLP, Wilmington, DE for petitioner.
    for defendant: David E. Ross, Garrett B. Moritz, Adam D. Gold, Elizabeth M. Taylor, Ross Aronstam & Moritz LLP, Wilmington, DE for respondent.

    Case Number: 2022-0344-JTL

    Court relied on deal price as corporation's fair market value during appraisal where the price operated as a floor on company value due to errors by the CEO that left value on the table.

  • Fortis Advisors LLC v. Medtronic Minimed, Inc.

    Publication Date: 2024-08-13
    Practice Area: Mergers and Acquisitions
    Industry: Health Care | Investments and Investment Advisory | Manufacturing | Software
    Court: Court of Chancery
    Judge: Chancellor Adams
    Attorneys: For plaintiff: Ronald S. Gellert, Gellert Seitz Busenkell & Brown, LLC, Wilmington, DE; Derek J. Meyer, Prospect Law LLP, Los Angelos, CA for plaintiff.
    for defendant: Jacqueline A. Rogers, Potter Anderson & Corroon LLP, Wilmington, DE; Victor L. Hou, Cleary Gottlieb Steen & Hamilton LLP, New York, NY; Nowell D. Bamberger, Cleary Gottlieb Steen & Hamilton LLP, Washington, DC for defendant.

    Case Number: 2023-1055-MAA

    Court declined to find a breach of merger agreement where seller agreed to impose no specific contractual duties upon the buyer to achieve the milestone for a contingent payment, as the buyer had discretion to exercise business judgment provided its primary purpose was not to defeat the milestone payment.