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Publication Date: 2020-02-12
Practice Area: Employment Litigation
Industry: Insurance
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: James S. Green, Sr. and Jared T. Green, Seitz, Van Ogtrop & Green, P.A., Wilmington, DE for plaintiff.
for defendant: John A. Sensing and Jesse L. Noa, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.
Case Number: D68874
The parties' non-compete agreement was presumptively valid, but the liquidated damages provision was unenforceable under the facts of this case as a matter of public policy. Because the former employee did not solicit business from the clients of her for-mer employer, the liquidated damages provision amounted to a penalty.
Publication Date: 2020-02-05
Practice Area: Corporate Entities
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: William M. Lafferty, Thomas W. Briggs, Jr., Daniel T. Menken, and Aubrey J. Morin, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Richard I. Werder, Jr., Renita N. Sharma, Elisabeth B. Miller, and Ryan A. Rakower, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY for plaintiffs and defendants Borealis Power Holdings Inc. and BPC Health Corporation.
for defendant: Blake Rohrbacher, Brian S. Yu, and Kevin M. Regan, Richards, Layton & Finger P.A., Wilmington, DE; Neil A. Steiner, Dechert LLP, New York, NY for plaintiff intervenors Cheyne Walk Investments. David C. McBride, Martin S. Lessner, Ryan M. Bartley, and Paul J. Loughman, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; J. Christopher Shore and Alive Tsier, White & Case LLP, New York, NY; Aaron Colodny, White & Case LLP, Los Angeles, CA, attorneys for plaintiff intervenors and defendants Sempra Texas Holdings Corp and Sempra Texas Intermediate Holding Co. Peter J. Walsh, Jr., J. Matthew Belger, and Andrew H. Sauder, Potter Anderson & Corroon LLP, Wilmington, DE; Jessica B. Pulliam, Baker Botts LLP, Dallas, TX; Vernon Cassin, Baker Botts LLP, Washington, DC; P. Clarkson Collins, Jr., Ian D. McCauley, and Kathleen A. Murphy, Morris James LLP, Wilmington, DE, attorneys for defendant Hunt Strategic Utility Investment.
Case Number: D68862
One party had superior right of first refusal for purchase of offered shares where the parties' shareholders agreement provided that any sale could not violate an investor rights agreement, which granted the party with the superior right its right of first refusal.
Publication Date: 2020-01-22
Practice Area: Contractual Disputes
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Brian E. Farnan and Michael J. Farnan, Farnan LLP, Wilmington, DE; Thomas J. Heiden, Mary Rose Alexan-der and Thomas A. Benhamou, Latham & Watkins LLP, Chicago, IL for plaintiff.
for defendant: Adam V. Orlacchio, Barry Abrams, Joshua A. Huber and Stephanie Holden, Blank Rome LLP, Wilmington, DE and Houston, TX for defendant.
Case Number: D68849
The parties' contract was ambiguous and discovery was needed to determine the parties' intent.
Publication Date: 2020-01-15
Practice Area: Mergers and Acquisitions
Industry: Construction
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Rudolf Koch, Matthew W. Murphy and Matthew D. Perri, Richards, Layton & Finger, P.A., Wilmington, DE; Steven C. Flors-heim, Greg Shinall, Daniel A. Shmikler, Michael G. Dickler and Trevor K. Scheetz, Sperling & Slater, P.C. , Chicago, IL for plaintiff.
for defendant: Richard D. Heins and Philip Trainer, Jr., Ashby & Geddes, Wilmington, DE; Stephen Novack, Donald A. Tarkington, Andrew D. Campbell, Elizabeth C. Wolicki and Yvette V. Mishev, Novack and Macey LLP, Chicago, IL for defendants NCM Group, Ev-ergreen Pacific Partners entities, Brillon, Nibarger and Bernardez. Peter B. Ladig, Bayard P.A., Wilmington, DE for NCM Group as to claims against counter-defendants. John A. Sensing, Potter Anderson & Corroon LLP, Wilmington, DE; John J. Quinn, Law Office of John J. Quinn; Dylan P. Kletter and Kelsey D. Bond, Brown Rudnick LLP, Hartford, CT for defendant Khara. Thomas A. Uebler and Kerry M. Porter, McCollum D’Emilio Smith Uebler LLC, Wilmington, DE; Jeffrey H. Bergman, Mandell Menkes LLC, Chicago, IL for counter-defendants.
Case Number: D68841
The court granted some of the parties' summary judgment motions in this fraud matter, but denied others due to disputed is-sues of fact.
Publication Date: 2020-01-15
Practice Area: Corporate Governance
Industry: Food and Beverage | Investments and Investment Advisory | Retail
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA for plaintiff.
for defendant: Rudolf Koch, Matthew D. Perri and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Adam L. Sisitsky, Lavinia M. Weizel, Robert I. Bodian and Scott A. Rader, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY and Boston, MA for independent director defendants. William B. Chandler III, Bradley D. Sorrels, Lindsay K. Faccenda and Daniyal M. Iqbal, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE for defendant Duggan. Patricia L. Enerio, Jamie L. Brown and Gillian L. Andrews, Heyman Enerio Gattuso & Hirzell LLP, Wilmington, DE for defendant Anicetti. Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Matthew A. Schwartz and Joshua S. Levy, Sullivan & Cromwell LLP, New York, NY for J.P. Morgan defendants. William M. Lafferty, S. Mark Hurd, Thomas W. Briggs, Jr., Richard Li and Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Stuart W. Gold and Richard W. Clary, Cravath, Swaine & Moore LLP, New York, NY for defendant Cravath, Swaine & Moore LLP. Kevin R. Shannon, Matthew F. Davis and Nicholas S. Prust, Potter Anderson & Corroon LLP, Wilmington, DE; Jonathan Rosenberg and Abby F. Rudzin, O’Melveny & Myers LLP, New York, NY for Apollo defendants. John L. Reed, Peter H. Kyle and David Clarke, Jr., DLA Piper LLP, Wilmington, DE and Washington, DC for Berry defendants.
Case Number: D68842
The court granted defendant directors' motions to dismiss.
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Publication Date: 2020-01-08
Practice Area: Corporate Entities
Industry: Automotive | Retail
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: John P. DiTomo, Elizabeth A. Mullin and Emily Bryant-Alvarez, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Mi-chael C. Marsh, Ryan Roman, Donnie King and Chanelle Artiles, Akerman LLP, Miami, FL for plaintiff.
for defendant: Timothy R. Dudderar and Robert J. Kumor, Potter Anderson & Corroon LLP, Wilmington, DE for defendant.
Case Number: D68837
The court denied a limited liability company's motion to dismiss this book and records matter, because Delaware law allowed a member to make such a request, and nothing in the LLC agreement waived plaintiff's right to pursue such documents in a Dela-ware court.
Publication Date: 2019-12-25
Practice Area: Labor Law
Industry: Financial Services and Banking
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: A. Thompson Bayliss and Adam K. Schulman, Abrams & Bayliss LLP, Wilmington, DE; Peter L. Welsh and Paul S. Kellogg, Ropes & Gray LLP, Boston, MA for plaintiff.
for defendant: T. Brad Davey and Andrew H. Sauder, Potter Anderson & Corroon LLP, Wilmington, DE; David L. Feinberg and Fredric J. Bold, Jr., Bondurant Mixon & Elmore, LLP, Atlanta, GA for defendant.
Case Number: D68815
Former employer's amendment of breach of contract claim to remove all references to misuse of confidential information brought the claim outside the scope of the employer's indemnification obligations to its former employee for litigation that pertained to the employee's role as a director and officer.
Publication Date: 2019-12-18
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Software | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; Randal J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Down LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for lead plaintiff.
for defendant: Elena C. Norman, Richard J. Thomas, Benjamin M. Potts, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald, Blair Connelly and Rachel J. Rodriguez, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo, Thomas P. Will and Corinne R. Moini, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Hurd Estate, Henley, Conrades, James, Panetta, Boskin, Berg, Garcia-Molina, Seligman, Chizen and Bingham. A. Thompson Bayliss and E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; John W. Spiegel, George M. Garvey and John M. Gildersleeve, Munger, Tolles & Olson LLP, Los Angeles, CA for defendant Goldberg. Andrew S. Dupre, McCarter & English, LLP, Wilmington, DE; Robert P. Feldman and Christopher D. Kercher, Quinn Emanuel Urquhart & Sulli-van LLP, Redwood Shores, CA and New York, NY for defendant Nelson. Thomas A. Beck, Blake Rohrbacher, Susan M. Han-nigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE for nominal defendant Ora-cle Corp.
Case Number: D68809
Where a special litigation committee concluded that a litigation asset should be turned over to the lead plaintiff to pursue a derivative action on behalf of the corporation, plaintiff was entitled to all relevant documents considered by the committee.
Publication Date: 2019-11-13
Practice Area: Corporate Governance
Industry: E-Commerce | Retail | Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: A. Thompson Bayliss and Adam K. Schulman, Abrams & Bayliss LLP, Wilmington, DE; Peter L. Welsh and Paul S. Kellogg, Ropes & Gray LLP, Boston, MA for plaintiff.
for defendant: T. Brad Davey and Andrew H. Sauder, Potter Anderson & Corroon LLP, Wilmington, DE; Steven J. Rosenwasser and Fredric J. Bold, Jr., Bondurant Mixson & Elmore LLP, Atlanta, GA for defendants.
Case Number: D68766
Advancement mooted where former employer amended underlying breach of employment agreement claim to remove all allegations of misconduct arising from former employee's corporate role or powers.
Publication Date: 2019-11-06
Practice Area: Corporate Entities
Industry: Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, and David M. Sborz, Andrews & Springer LLC, Wilmington DE; Randall J. Baron, David. T. Wissbroecker, Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN for plaintiff.
for defendant: David E. Ross and S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Peter L. Welsh, Christian Reigstad, and Mary Zhou, Ropes & Gray LLP, New York NY for defendant.
Case Number: D68759
Stockholder demonstrated entitlement to a Section 220 inspection by alleging facts sufficient to raise an inference that company used their control position to extract a unique benefit from the merger to support stockholder's claim of breach of fiduciary duties.
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