• Biocomposites GmbH v. Artoss, Inc.

    Publication Date: 2024-06-03
    Practice Area: Contracts
    Industry: Biotechnology | Distribution and Wholesale
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: Ethan H. Townsend, Daniel T. Menken, Ryan D. Konstanzer, McDermott Will & Emery LLP, Wilmington, DE for plaintiff.
    for defendant: Kelly A. Green, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE for defendant.

    Case Number: 2023-1189-NAC

    Court denied reargument on cross-motions for injunctive relief where movant advanced implausible interpretation of the parties' contract and where the court reasonably declined to impose the implied covenant of good faith in exercising contractual discretion between sophisticated parties.

  • Chordia v. Lee

    Publication Date: 2024-01-15
    Practice Area: Corporate Governance
    Industry: Electronics | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: Bradley R. Aronstam, R. Garrett Rice, Holly E. Newell, Ross Aronstam & Moritz LLP, Wilmington, DE; Brian M. Burnovski, Andrew Ditchfield, Pascale Bibi, Nikolaus J. Williams, Marie Killmond, Danielle Mullery, Davis Polk & Wardwell LLP, New York, NY for plaintiffs.
    for defendant: William M. Lafferty, Ryan D. Stottmann, Lauren K. Neal, Alec Hoeschel, Grant E. Michl, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Hallie B. Levin, Wilmer Cutler Pickering Hale & Dorr LLP, New York, NY; Timothy Perla, Wilmer Cutler Pickering Hale & Dorr LLP, Boston, MA; William Savitt, Jonathan M. Moses, Elaine Golin, Graham W. Meli, Ryan A. McLeod, Wachtell, Lipton, Rosen & Katz, New York, NY; Eric Seiler, Lance J. Gotko, Jason Rubinstein, David J. Ranzenhofer, Sofie Syed, Friedman Kaplan Seiler, Adelman & Robbins LLP, New York, NY; Kurt M. Heyman, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defendants.

    Case Number: 2023-0382-NAC

    Majority owner's intentional acts to remove founders from the company to eliminate their right to designate board members materially interfered with those rights in violation of the parties' stockholders' agreement's "reasonable efforts" clause.

  • Intrepid Inv., LLC v. London Bay Capital, LLC

    Publication Date: 2023-07-03
    Practice Area: Creditors' and Debtors' Rights
    Industry: Financial Services and Banking | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: C. Barr Flinn, James M. Yoch, Jr., M. Paige Valeski, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for plaintiff.
    for defendant: Brock E. Czeschin, Angela Lam, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Patricia L. Enerio, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John M. Lundin, Niall D. Ó Murchadha, Cynthia L. Botello, Lundin PLLC, New York, NY; John A. Sensing, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.

    Case Number: 12077-NAC

    Adverse judgment in related action between the parties did not compel dismissal of plaintiff's aiding and abetting breach of fiduciary duty and unjust enrichment claims where those claims went beyond the scope of the intercreditor agreement that another state's court concluded precluded plaintiff from recovering for default on its note.

  • InterMune, Inc. v. Harkonen

    Publication Date: 2023-05-23
    Practice Area: Business Torts
    Industry: Biotechnology
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: Karen A. Jacobs, Megan W. Cascio, Courtney Kurz, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Laurie Carr Mims, Benjamin D. Rothstein, Candice Mai Khanh Nguyen, Melissa Cornell, Catherine C. Porto, Keker, Van Nest & Peters LLP, San Francisco, CA for plaintiffs.
    for defendant: Michael A. Weidinger, Megan Ix Brison, Pinckney, Weidinger, Urban & Joyce LLC, Wilmington, DE; Elizabeth Sandza, Richard W. Sandza, Sandza Law, PLLC, Washington, DC for defendant.

    Case Number: 2021-0694-NAC

    Corporate officer was not entitled to statutory indemnification from company where officer was convicted of federal wire fraud, which included a finding that the officer acted in bad faith, and where a presidential pardon did not have the effect of eliminating the conviction.

  • Merck & Co., Inc. v. Bayer AG

    Publication Date: 2023-04-18
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: James D. Taylor, Jr., Saul Ewing LLP, Wilmington, DE; Amy S. Kline, Saul Ewing LLP, Philadelphia, PA; Joseph D. Lipchitz, Saul Ewing LLP, Boston, MA for plaintiff.
    for defendant: Rudolf Koch, Kyle H. Lachmund, Kevin M. Kidwell, Richards, Layton & Finger, P.A., Wilmington, DE; Dustin F. Guzior, Y. Carson Zhou, Sullivan & Cromwell LLP, New York, NY for defendant.

    Case Number: 2021-0838-NAC

    Asset purchase agreement unambiguously gave seller of product lines perpetual liability for product liability claims for product sold prior to closing, such that the contract's clause sunsetting certain indemnification rights did not apply to the provision allocating third-party liabilities.

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  • Continental Auto. Sys., Inc. v. Nokia Corp.

    Publication Date: 2023-02-14
    Practice Area: Patent Litigation
    Industry: Automotive | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: Philip A. Rovner, Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; Matthew W. Holder, Martin R. Bader, Sheppard, Mullin, Richter & Hampton, LLP, San Diego, CA for plaintiff.
    for defendant: Kelly E. Farnan, Blake Rohrbacher, Sara M. Metzler, Richards, Layton & Finger, P.A., Wilmington, DE; Matthew D. Richardson, Mark A. McCarty, Andrew J. Tuck, Alston & Bird LLP, Atlanta GA for defendants.

    Case Number: 2021-0066-NAC

    The court granted a motion to dismiss in part and denied in part in a matter involving a patent litigation between plaintiff corporation and foreign defendant.

  • Higgin v. Albence

    Publication Date: 2022-09-27
    Practice Area: Election and Political Law
    Industry: State and Local Government
    Court: Court of Chancery
    Judge: Vice Chancellor Cook
    Attorneys: For plaintiff: M. Jane Brady, Brady Legal Group LLC, Lewes, DE; Charlotte Davis, Noel H. Johnson, Public Interest Legal Foundation, Indianapolis, IN; Julianne E. Murray, Law Offices of Murray, Phillips & Gay, Georgetown, DE for plaintiffs.
    for defendant: Allison J. McCowan, Zi-Xiang Shen, Victoria R. Sweeney, Delaware Department of Justice, Wilmington, DE for defendants.

    Case Number: 2022-0641-NAC

    Court granted in part and denied in part a request for a permanent injunction seeking to enjoin the enactment of two recently passed electoral laws which were to take effect prior to the general election on November 8, 2022.