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Publication Date: 2024-10-29
Practice Area: Corporate Entities
Industry: E-Commerce | Investments and Investment Advisory | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Barnaby Grzaslewicz, Albert H. Manwaring, IV, Kirsten A. Zeberkiewicz, Morris James LLP, Wilmington, DE for plaintiff.
for defendant: Joseph C. Schoell, Faegre Drinker Biddle & Reath LLP, Wilmington, DE; Steven L. Caponi, Matthew B. Goeller, Megan E. Hunt, K&L Gates LLP, Wilmington, DE for defendants.
Case Number: N23C-05-120 PRW CCLD
Court declined to apply "inherently unknowable injury" doctrine to negligence and conversion claims arising from corporation's following of state law to escheat shares where plaintiff had ample opportunity to prevent the escheatment.
Publication Date: 2024-09-03
Practice Area: Insurance Law
Industry: Distribution and Wholesale | Insurance | Manufacturing | Pharmaceuticals | Retail
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Garrett B. Moritz, R. Garret Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Michael S. Shuster, Daniel M. Sullivan, Blair E. Kaminsky, Daniel M. Horowitz, Holwell Shuster & Goldberg LLP, New York, NY; Robert M. Mangino, Susan Koehler Sullivan, Clyde & Co LLP, Los Angeles, CA; Robert J. Katzenstein, Julie M. O’Dell, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Christopher J. St. Jeanos, Willkie Farr & Gallagher LLP, New York, NY; Bruce W. McCullough, Bodell Bové, LLC, Wilmington, DE; Karen M. Dixon, Skarzynski Marick & Black LLP, Chicago, IL; Joseph B. Cicero, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Adam H. Fleischer, R. Patrick Bedell, Allyson C. Spacht, BatesCarey LLP, Chicago, IL; Louis J. Rizzo, Jr., Reger Rizzo & Darnall LLP, Wilmington, DE; Monica T. Sullivan, Matthew J. Fink, Leena Soni, Stephanie M. Flowers, Nicolaides Fink Thorpe Michaelides Sullivan LLP, Chicago, IL; Sean J. Bellew, Bellew LLC, Wilmington, DE; Michael A. Kotula, Rivkin Radler LLP; Loren R. Barron, Kaufman Dolowich LLP, Wilmington, DE; Wade A. Adams, III, Law Offices Of Wade A. Adams, III, Newark, DE; Bryce L. Friedman, Matthew C. Penny, Simpson Thacher & Bartlett LLP, New York, NY; Thad J. Bracegirdle, Sarah T. Andrade, Emily L. Skaug, Bayard, P.A., Wilmington, DE; Edward B. Parks, II, Sara Hunkler, Ruggeri Parks Weinberg LLP, Washington, D.C.; Kevin. J. Connors, Marshall Dennehey, P.C., Wilmington, DE; Cheryl P. Vollweiler, Skarzynski Marick & Black LLP, New York, NY; Philip Trainer, Jr., Marie M. Degnan, Ashby & Geddes, Wilmington, DE; Robert A. Kole, Caroline M. Trusty, Choate, Hall & Stewart LLP, Boston, MA; Marc S. Casarino, Kennedys CMK LLP, Wilmington, DE; Christopher R. Carroll, Jillian D. Dennehy, Joshua S. Wirtshafter, Kennedys CMK LLP, Basking Ridge, NJ; Robert K. Beste, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Keith Moskowitz, Dentons US LLP, Chicago, IL; Kathryn Guinn, Dentons US LLP, Denver, CO; Deborah J. Campbell, Dentons US LLP, St. Louis, MO for plaintiffs.
for defendant: David J. Baldwin, Peter C. McGivney, Zachary J. Schnapp, Berger Harris LLP, Wilmington, DE; Jeffrey L. Schulman, Blank Rome LLP, New York, NY for defendant.
Case Number: N22C-02-045 PRW CCLD
Court ruled that insurers had no duty to indemnify opioid lawsuits where the lawsuits lacked specific allegations of personal injury or property damage underlying the claimed losses in those lawsuits.
Publication Date: 2024-08-27
Practice Area: Mergers and Acquisitions
Industry: Accounting | Distribution and Wholesale | Health Care | Manufacturing
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Kelly E. Farman, Matthew W. Murphy, Edmond S. Kim, Richards, Layton & Finger, P.A., Wilmington, DE for petitioner.
for defendant: Steven L. Caponi, Matthew B. Goeller, Megan E. O’Connor, K&L Gates LLP, Wilmington, DE for respondent.
Case Number: N23C-02-164 PRW CCLD
Court upheld expert determination issued under parties' contractual dispute resolution clause where record undermined objector's claim that expert overlooked or improperly relied on evidence.
Publication Date: 2024-07-23
Practice Area: Contracts
Industry: Insurance
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Geoffrey G. Grivner, Kody M. Sparks, Buchanan Ingersoll & Rooney PC, Wilmington, DE; Benjamin N. Gluck, Oliver Rocos, Barr Benyamin, Bird Marella LLP, Los Angeles, CA for plaintiff.
for defendant: Alexandra M. Cummings, Sara Carnahan, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Scott C. Solberg, Gregory M. Schweizer, Caroline P. Malone, Eimer Stahl LLP, Chicago, IL for defendants.
Case Number: N24C-01-006 PRW CCLD
Court allowed plaintiff to pursue breach of contract and implied covenant claims alternatively where there were factual disputes over whether defendant had retracted its repudiation and which remedy plaintiff elected in response to defendant's actions.
Publication Date: 2024-06-03
Practice Area: Securities Litigation
Industry: Health Care | Investments and Investment Advisory | Software
Court: Court of Chancery
Judge: Judge Wallace
Attorneys: For plaintiff: Kevin M. Coen, Miranda N. Gilbert, Morris, Nichols, Arsht & Tunnell, Wilmington, DE; Joseph P. Rockers, Justin D. Ward, Goodwin Procter, Boston, MA for plaintiffs.
for defendant: Shannon E. German, Jeremy W. Gagas, Emmanuel J. Burrell, Wilson Sonsini Goodrich & Rosati, Wilmington, DE for defendant.
Case Number: 2023-1253-PRW
Investor adequately pled fraud claim by alleging that entrepreneur intentionally misappropriated a third party's intellectual property despite making contractual representations as to the validity of their ownership of their IP.
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Publication Date: 2024-03-11
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Manufacturing | Retail
Court: Court of Chancery
Judge: Judge Wallace
Attorneys: For plaintiff: Kevin M. Coen, Rachel R. Tunney, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Nicholas Cutaia, Jaclyn Grodin, Goulston & Storrs PC, New York, NY; Joshua M. Looney, Nora A. Saunders, Goulston & Storrs PC, Boston, MA for plaintiff.
for defendant: A. Thompson Bayliss, Peter C. Cirka, Abrams & Bayliss LLP, Wilmington, DE for defendants.
Case Number: 2023-0470 PRW
Although claimant had potentially known about facts underlying fraud/misrepresentation claims for some time, the court declined to apply laches to bar the claims where they were filed within the analogous statutes of limitations. Plaintiff's motion to dismiss denied; defendants' motion to dismiss granted in part and denied in part.
Publication Date: 2024-02-26
Practice Area: Mergers and Acquisitions
Industry: Consulting | Manufacturing | Retail
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Christopher P. Simon, David G. Holmes, Cross & Simon, LLC, Wilmington, DE; Jed M. Schwartz, Christopher Almon, Michael T. Frieda, Milbank LLP, New York, NY for plaintiffs.
for defendant: Steven T. Margolin, Bryan T. Reed, Greenberg Traurig, LLP, Wilmington, DE for defendants.
Case Number: N21C-12-077
Conspiracy and aiding and abetting fraud claims against corporate officers failed where there were no allegations that officers acted out of some personal motivation rather than in their officer roles, precluding an exception to the rule that a corporation cannot conspire with its officers.
Publication Date: 2024-02-26
Practice Area: Insurance Law
Industry: Insurance | Pharmaceuticals
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Daniel M. Silver, Benjamin A. Smith, McCarter & English, LLP, Wilmington, DE; Robin L. Cohen, Cynthia M. Jordano, David J. Matulewicz-Crowley, Cohen Ziffer Frenchman & McKenna LLP, New York, NY for plaintiff.
for defendant: Marc S. Casarino, Kennedys CMK LLP, Wilmington, DE; Jeanette L. Dixon, Manning & Kass, Ellrod, Ramriez, Trester LLP, New York, NY; John C. Phillips, Jr., David A. Bilson, Phillips McLaughlin & Hall, Wilmington, DE; James Sandnes, Sarah F. Voytryas, Skarzynski Marick & Black, LLP, New York, NY; Bruce W. McCullough, Bodel Bové, LLC, Wilmington, DE; Ronald P. Schiller, Thomas N. Brown, Daniel J. Layden, Hangley Aronchick Segal Pudlin & Schiller, Philadelphia, PA; R. Grant Dick, Cooch and Taylor, P.A., Wilmington, DE; Courtney E. Scott, Tressler LLP, New York, NY for defendants.
Case Number: N22C-10-340
Court found that coverage exclusion in defendants' insurance tower for insured's securities action was not triggered where prior SEC subpoena was, at best, tangentially related to the action as the subpoena and the action focused on two different types of alleged improper conduct.
Publication Date: 2024-02-05
Practice Area: Criminal Law
Industry:
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Brian L. Arban, Deputy Attorney General, Department of Justice, Wilmington, DE for plaintiff.
for defendant: Herbert W. Mondros, Rigrodsky Law, P.A., Wilmington, DE; Karl Schwartz, Catherine Trama, Wiseman & Schwartz, Philadelphia, PA for defendant.
Case Number: 1804000397
Ineffective assistance of counsel claims failed where trial counsel's preparation and examination of witnesses was reasonable trial strategy to avoid playing into the state's theory of voluntary intoxication, and where any additional evidence was unlikely to have changed the verdict from guilty but mentally ill to not guilty by reason of insanity.
Publication Date: 2023-11-27
Practice Area: Mergers and Acquisitions
Industry: Manufacturing | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Katharine L. Mowery, Dorronda Bordley, Richards, Layton & Finger, P.A., Wilmington, DE; David W. Long-Daniels, M. Allyson Lumpkin, Ansley K. Fantaski, Squire Patton Boggs (US) LLP, Atlanta, GA for plaintiff.
for defendant: Joanna J. Cline, Emily L. Wheatley, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE; Michael S. Hino, Troutman Pepper Hamilton Sanders LLP, Berwyn, PA for defendant.
Case Number: N22C-08-489
Court ordered escrow released where company had failed to state a valid claim for indemnification as it had not identified any extant loss that it had incurred or paid for.
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