• Manti Holdings, LLC v. Authentix Acquisition Co., Inc.

    Publication Date: 2019-08-28
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: John L. Reed, DLA Piper LLP, Wilmington, DE for petitioner.
    for defendant: Samuel A. Nolen, Richards, Layton & Finger, P.A., Wilmington, DE for respondent.

    Case Number: D68680

    Sophisticated stockholders could contractually waive statutory appraisal rights for a future transaction not yet contemplated where such waiver was expressly clear.

  • Tiger v. Boast Apparel, Inc.

    Publication Date: 2019-08-21
    Practice Area: Corporate Governance
    Industry: Consumer Products | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: David A. Felice, Bailey & Glasser, LLP, Wilmington, DE for appellant.
    for defendant: Kevin G. Abrams and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Brian J. Capitummino, Woods Oviatt Gilman LLP, Rochester, NY for appellee.

    Case Number: D67676

    There was no presumption of confidentiality for books and records produced in response to a §220 request, nor was a requesting stockholder required to show exigent circumstances to avoid an indefinite confidentiality obligation.

  • Keystone Assocs. LLC v. Fulton

    Publication Date: 2019-08-21
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Timothy R. Dudderar and Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; David J. Jordan and Michael R. Menssen, Stoel Rivers LLP, Salt Lake City, UT for plaintiffs.
    for defendant: Robert J. Katzenstein, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Steven S. Scholes and Peter B. Allport, McDermott Will & Emery LLP, Chicago, IL; John R. Gerstein, Clyde & Co. US LLP, Washington, DC for defendants.

    Case Number: D67677

    Securities fraud claim dismissed where there was no express assignment of a securities fraud claim to confer standing and where the complaint expressly alleged that investment was based on a statement that was not a false representation.

  • GMF ELCM Fund L.P. v. ELCM HCRE GP LLC

    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.

  • Sycamore Partners Mgmt., L.P. v. Endurance Am. Ins. Co.

    Publication Date: 2019-08-14
    Practice Area: Insurance Litigation
    Industry: Insurance | Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: David J. Baldwin, Carla M. Jones and Tracey E. Timlin, Potter Anderson & Corroon LLP, Wilmington, DE; John E. Failla, Na-than R. Lander and Alyse Stach, Proskauer Rose LLP, New York, NY for plaintiffs.
    for defendant: Barry M. Klayman and Michael R. Davisson, Cozen O’Connor, Wilmington, DE and Los Angeles, CA for defendant Starr In-demnity & Liab. Co. Elena C. Norman, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael F. Perlis and Cary J. Economou, Locke Lord LLP, Los Angeles, CA for defendant Markel American Ins. Co.

    Case Number: D68669

    A federal district court did not have "related to" jurisdiction over this insurance coverage dispute and abstention was required under federal law, so it remanded the matter to state court.

  • Law Journal Press | Digital Book

    New Jersey Tax Handbook 2024

    Authors: Robert F. Connolly, MST, Susan K. Dromsky-Reed, Jeffrey D. Gordon, Tiffany Wagner Donio, Frances B. Stella, Alysse Mcloughlin, Kathleen Quinn

    View this Book

    View more book results for the query "*"

  • Clark v. Davenport

    Publication Date: 2019-07-31
    Practice Area: Business Torts
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Robert A. Penza and Christina M. Belitz, Polsinelli PC, Wilmington, DE for plaintiff.
    for defendant: Andrew D. Cordo, F. Troupe Mickler IV, and Hayley M. Lenahan, Ashby & Geddes, P.A., Wilmington, DE; David A. Felice, Bailey & Glasser, LLP, Wilmington, DE for defendants.

    Case Number: D68647

    Fraud claims arising from investment in business sustained where plaintiff alleged defendant made specific misrepresentations to induce plaintiff's investment.

  • Saba Capital Master Fund, Ltd. v. BlackRock Credit Allocation Income Trust

    Publication Date: 2019-07-17
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Carmella P. Keener of Rosenthal, Monhait & Goddess, P.A., Wilmington, DE; Carol S. Shahmoon and Gregory E. Keller, Shahmoon Keller PLLC, Great Neck NY for plaintiff.
    for defendant: William M. Lafferty, D. McKinley Measley, Thomas P. Will and Lauren P. Russell, Morris, Nichols, Arsht & Tunnell LLP, Wil-mington, DE; Tariq Mundiya, Sameer Advani, Alexander L. Cheney and Brittany M. Wagonheim, Wilkie Farr & Gallagher LLP, New York, NY for BlackRock Credit Allocation Income Trust and BlackRock New York Municipal Bond Trust. Robert S. Saunders, Ronald N. Brown, III and Eben P. Colby, Skadden, Arps, Slate, Meagher & Flom, LLP, Wilmington, DE and Boston MA for BlackRock Advisors, LLC, Robert Fairbairn and John Perlowski. Gregory P. Williams and Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE; John S. Kiernan and Jeremy Feigelson, Debevoise & Plimpton LLP, New York, NY for remaining defendants.

    Case Number: D68635

    The court held that companies could not invalidate a shareholder's nominees due to the failure to return an overly broad ques-tionnaire within a short time frame, and the court further required that votes in favor of the shareholder's nominees should be counted at the next annual meetings.

  • GKC Strategic Value Master Fund, LP v. Baker Hughes Inc.

    Publication Date: 2019-07-17
    Practice Area: Civil Procedure
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Thomas Curry, Eric J. Belfi, Ira A. Schochet and David J. Schwartz, Labaton Sucharow LLP, Wilmington, DE and New York, NY for petitioners.
    for defendant: Kevin M. Coen and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Arthur F. Golden, Andrew Ditchfield and Andrew S. Gehring, Davis Polk & Wardwell LLP, New York, NY for respondent. John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; Paula Anderson and Alan Goudiss, Shearman & Sterling LLP, New York, NY for third-party General Elec. Co. Mark Lebovitch, Bernstein Litowitz Berger & Grossman LLP, New York, NY for non-party Tri-State Joint Fund.

    Case Number: D68633

    Where respondents failed to timely file confidential documents redacted in good faith, the court held that unredacted versions of the documents should be made available in the public record of the case.

  • Reith v. Lichtenstein

    Publication Date: 2019-07-10
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Andrew S. Dupre and Alexandra M. Joyce, McCarter & English, LLP, Wilmington, DE; Eduard Korsinsky, Amy Miller, William J. Fields and Samir Shukurov, Levi & Korsinsky, LLP, New York, NY for plaintiff.
    for defendant: John M. Seaman, Abrams & Bayliss LLP, Wilmington, DE; Thomas J. Fleming, Adrienne Ward and Kerrin T. Klein, Olshan Frome Wolosky LLP, New York, NY for defendants Lichtenstein, Howard, Kassan Fejes and Steel Holdings defendants. Gregory V. Varallo, Matthew D. Perri and Sarah T. Andrade, Richards, Layton & Finger, P.A., Wilmington, DE for defendants Fenton, Legyel and Wald.

    Case Number: D68626

    Pre-suit demand was excused in this derivative action.

  • Arkansas Teacher Ret. Sys. v. Alon USA Energy, Inc.

    Publication Date: 2019-07-10
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Michael Hanrahan, Stephen D. Dargitz, Paul A. Fioravanti, Corinne Elise Amato, Kevin H. Davenport, and Eric J. Juray, Prickett, Hones & Elliott, P.A., Wilmington, DE; Michael C. Wagner, J. Daniel Albert, and Grant D. Goodhart, III, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff
    for defendant: David J. Teklits and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Mark Oakes, William Patrick Courtney, and Ryan Metzer, Norton Rose Fulbright US LLP, Austin, TX; Raymond J. DiCamillo, Brian F. Morris, and Sara C. Hunter, Richards, Layton & Finger, P.A., Wilmington, DE; Colin B. Davis, Gibson, Dunn & Crutcher LLP, Irvine CA; Mark H. Mixon, Jr., Gibson, Dunn & Crutcher LLP, New York, NY for defendants.

    Case Number: D68624

    Defendant's motion to dismiss complaint brought by stockholder of defendant's acquired company dismissed where stockholder had standing to enforce stockholder agreement that imposed standstill agreement identical to §203 protections upon defendant.