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  • Cambria Equity Partners L.P. v. Relight Enter. S.A.

    Publication Date: 2021-06-23
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: John G. Harris, Richard I. G. Jones, Jr., Berger Harris LLP, Wilmington, DE; Lydia Ferrarese, Mark Weissman, Herzfeld & Rubin, P.C., New York, NY for plaintiffs.
    for defendant: Philip A. Rovner, Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; John J. Kuster, Deborah R. Sands, Sidley Austin LLP, New York, NY for defendants.
    Case Number: D69440

    Aiding and abetting claim failed where third-party merely engaged in arms-length negotiation of purchase, and was not even initially aware of the existence of minority stockholders and simply negotiated protections for itself upon learning of their existence.

  • Lone Pine Resources, LP v. Dickey

    Publication Date: 2021-06-23
    Practice Area: Corporate Governance
    Industry: Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: R. Karl Hill, Seitz, Van Ogtrop & Green, P.A., Wilmington, DE; Rochelle R. Koerbel, Maureen E. Sweeny, Blumling & Gusky, LLP, Pittsburg, PA for plaintiffs.
    for defendant: Samuel T. Hirzel, II, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE for defend-ants.
    Case Number: D69444

    The court granted motions to dismiss as to multiple defendants for lack of personal jurisdiction.

  • In re: SmileDirectClub, Inc. Derivative Litig.

    Publication Date: 2021-06-16
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Blake A. Bennett, Cooch and Taylor, P.A., Wilmington, DE; P. Bradford deLeeuw, deLeeuw Law LLC, Wil-mington, DE; Lee Squitieri, Squitieri & Fearon, LLP, New York, NY; Jeffrey S. Abraham, Michael J. Klein, Abraham, Fruchter & Twersky LLP, New York, NY; Donald J. Enright, Elizabeth K. Tripodi, Jordan Cafritz, Levi & Korsinsky, LLP for plaintiffs.
    for defendant: Edward B. Micheletti, Jenness E. Parker, of Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Scott D. Musoff, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY for defendants.
    Case Number: D69435

    The court granted defendants' motion to dismiss this derivative because plaintiffs failed to meet the con-temporaneous ownership requirement, so they lacked standing.

  • In re Pattern Energy Group Inc. Stockholders Litig.

    Publication Date: 2021-05-26
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Ned Weinberger, Mark Richardson, Labaton Sucharow LLP, Wilmington, DE; David MacIsaac, John Vielandi, Labaton Sucharow LLP, New York, NY; Chad Johnson, Noam Mandel, Desiree Cummings, Robbins Geller Rudman & Dowd LLP, New York, NY; Brian Schall, Rina Restaino, The Schall Law Firm, Los Angeles, CA for plaintiff.
    for defendant: A. Thompson Bayliss, April M. Kirby, Abrams & Bayliss LLP, Wilmington, DE; Alan S. Goudiss, K. Mallory Brennan, Deke Shearon Shearman & Sterling LLP; Christina Urhausen, Shearman & Sterling LLP, San Francisco, CA; Rudolf Koch, Matthew D. Perri, Andrew L. Milam, Richards, Layton & Finger, P.A., Wilmington, DE; Matthew A. Schwartz, Y. Carson Zhou, John-Francis S. Flynn, Sullivan & Cromwell LLP, New York, NY for defendants.
    Case Number: D69408

    Stockholder could seek entire fairness review of company sale under controller theory where investor that had formed the company continued to exercise soft power over the company's management, which allegedly prioritized the investor's interests over shareholder value during the sales process.

  • Goureau v. Lemonis

    Publication Date: 2021-04-14
    Practice Area: Business Torts
    Industry: Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Sean J. Bellew, Bellew LLP, Wilmington, DE; Gerard P. Fox, Lauren M. Green, Gerard Fox Law P.C., Los Angeles, CA for plaintiffs.
    for defendant: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Michael D. Wexler, Seyfarth Shaw LLP, Chicago, IL; Jessee M. Coleman, Seyfarth Shaw LLP, Houston, TX for defendants.
    Case Number: D69361

    Because the complaint violated the rule against claim splitting, the court granted defendants' motion to stay this state court proceeding pending the outcome of a federal court proceeding.

  • Law Journal Press | Digital Book

    Library of Pennsylvania Family Law Forms, Fourth Edition

    Authors: Joseph S. Britton

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  • DG BF, LLC v. Ray

    Publication Date: 2021-03-17
    Practice Area: Corporate Governance
    Industry: Consumer Products | Food and Beverage | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Sean J. Bellew, Bellew LLP, Wilmington, DE; Gerard P. Fox, Marina V. Bogorad, Gerard Fox Law P.C., Los Angeles, CA for plaintiffs.
    for defendant: Sean A. Meluney, Matthew D. Beebe, Benesch, Friedlander, Coplan & Aronoff LLP, Wilmington, DE; David B. Anthony, Berger Harris LLP, Wilmington, DE; Perry J. Woodward, Hopkins & Carley, A Law Corporation, San Jose, CA for defendants.
    Case Number: D69328

    Plaintiffs could proceed with breach of contract and implied covenant of good faith and fair dealing claims after alleging company and its officers breached express obligations under operating agreement and failed to act in good faith in selection of independent managers.

  • Schillinger Genetics, Inc. v. Benson Hill Seeds, Inc.

    Publication Date: 2021-03-03
    Practice Area: Contractual Disputes
    Industry: Agriculture
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Michael P. Kelly, Andrew S. Dupre, Sarah E. Delia, McCarter & English, LLP, Wilmington, DE for plaintiffs.
    for defendant: Travis S. Hunter, Dorronda R. Bordley, Richards, Layton & Finger, P.A., Wilmington, DE; Kenneth J. Mallin, Jason S. Meyer, Sasha D. Riedisser of Bryan Cave Leighton Paisner, LLP, St. Louis, MO for defendant.
    Case Number: D69316

    Buyer was not entitled to escrow funds relating to a post-closing price adjustment because it did not give timely notice, but notice of its indemnity claim was adequate.

  • Mack v. Rev Worldwide, Inc.

    Publication Date: 2021-01-20
    Practice Area: Corporate Entities
    Industry: Financial Services and Banking
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: William M. Kelleher, Phillip A. Giordano, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE; Robert A. Giacovas, Lainie E. Cohen, Jacob A. Englander, Lazare Potter Giacovas & Moyle LLP, New York, NY for plaintiff.
    for defendant: Raymond W. Cobb, O’Hagan Meyer LLP, Wilmington, DE; Kevin M. O’Hagan, Shane M. Bradwell, O’Hagan Meyer LLP, Chicago, IL for defendant.
    Case Number: D69268

    Delaware was an improper forum for plaintiff's claims, because the parties' agreements contained forum selection clauses in favor of other states.

  • Moscowitz v. Theory Ent. LLC

    Publication Date: 2020-11-25
    Practice Area: Contractual Disputes
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Stephen B. Brauerman, Bayard, P.A., Wilmington, DE; Stanton L. Stein, Ashley R. Yeargan, Russ, August & Kabat, Los Angeles, CA for plaintiff.
    for defendant: Kevin G. Abrams, Michael A. Barlow, Joseph A. Sparco, Abrams & Bayliss LLP, Wilmington, DE; Scott A. Edelman, Ilissa Samplin, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for defendant.
    Case Number: D69202

    Plaintiff was bound by the terms of an agreement regarding the company's right to repurchase his owner-ship units following his resignation, but questions remained regarding the validity and effect of plaintiff's no-tices of resignation.

  • Mad Investors GRMD, LLC v. GR Co., Inc.

    Publication Date: 2020-11-11
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Michael J. Barry, Christine M. Mackintosh, Kelly L. Tucker, Vivek Upadhya, Grant & Eisenhofer P.A., Wil-mington, DE for plaintiffs.
    for defendant: Blake Rohrbacher, Kevin M Gallagher, Elizabeth A. Heise, Richards, Layton & Finger, P.A., Wilmington, DE; Jason C. Vigna, Brian L. Muldrew, Katten Muchin Rosenman LLP, New York, NY for defendant.
    Case Number: D69187

    Plaintiffs failed to allow the full five-day response period to expire before filing this action to enforce their books and records request, so the court dismissed their complaint.