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  • Donnelly v. Keryx Biopharmaceuticals, Inc.

    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.

  • Bandera Master Fund LP v. Boardwalk Pipeline Partners, LP

    Publication Date: 2019-10-23
    Practice Area: Corporate Entities
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: A. Thompson Bayliss, J. Peter Shindel, Jr., Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
    for defendant: Srinivas M. Raju, Blake Rohrbacher, and Matthew D. Perri, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, Young, Conaway, Stargatt & Taylor LLP, Wilmington, DE; Raniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Lawrence Portnoy, Charles S. Duggan, Gina Cora, Davis Polk & Wardwell LLP, New York, NY; Stephen P. Lamb, Andrew G. Gordon, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY for defendants.
    Case Number: D68744

    Unitholders plausibly pled general partner's breach of partnership agreement by alleging general partner failed to follow provisions governing resolution of conflict of interest created by general partner's exercise of call right for publicly traded common units.

  • Nielsen v. EBTH Inc.

    Publication Date: 2019-10-16
    Practice Area: Corporate Entities
    Industry: Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: D. McKinley Measley, Lauren Neal Bennett and Barnaby Grzaslewicz, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Joseph C. Weinstein and Sean L. McGrane, Squire Patton Boggs (US) LLP, Cleveland, OH for plaintiffs.
    for defendant: Jonathan M. Stemerman, Elliott Greenleaf P.C., Wilmington, DE; Frances Floriano Goins and John M. Hands, Ulmer & Berne, LLP, Cleveland, OH and Cincinnati, OH for defendant.
    Case Number: D68738

    Corporate officers were entitled to mandatory advancement and fees-on-fees under the terms of their indemnification agree-ments and the company's charter.

  • Finom Mgmt. GMBH v. Celerion Holdco, LLC

    Publication Date: 2019-10-02
    Practice Area: Corporate Entities
    Industry: Health Care | Investments and Investment Advisory | Pharmaceuticals
    Court: U.S. District Court of Delaware
    Judge: District Judge Stark
    Attorneys: For plaintiff: Christopher J. Day, Day Law Group, LLC, Wilmington, DE; Joseph M. Donley, Peter Blume and Christopher M. Brubaker, Clark Hill PLC, Philadelphia, PA for plaintiffs.
    for defendant: Travis S. Hunter, Tyler E. Cragg and Alexandra M. Ewing, Richards Layton & Finger, P.A., Wilmington, DE for defendants.
    Case Number: D68721

    Plaintiffs adequately alleged that defendants engaged in bad faith violations of the parties' redemption agreement, but the court dismissed the remainder of plaintiffs' claim.

  • Eagle Force Holdings, LLC v. Campbell

    Publication Date: 2019-09-11
    Practice Area: Corporate Entities
    Industry: Health Care | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Montgomery-Reeves
    Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE, Harold M. Walter and Angela D. Pallozzi, Offit Kurman, P.A., Baltimore, MD for plaintiffs.
    for defendant: David L. Finger, Finger & Slanina, LLC, Wilmington, DE, for defendant.
    Case Number: D68695

    Parties' prior practice of signing draft transaction documents to acknowledge receipt overcame presumption that signature manifested intent to be contractually bound, such that plaintiffs failed to prove defendant's intent to be bound to agreements that provided choice of forum clause.

  • Law Journal Press | Digital Book

    Florida Evidence and Procedure 2019

    Authors: Patrick S. Montoya, Ervin A. Gonzalez, Ervin A. Gonzalez, Ervin A. Gonzalez, Ervin A. Gonzalez

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  • 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.

  • Sciabacucchi v. Salzberg

    Publication Date: 2019-07-24
    Practice Area: Attorney Rates and Arrangements | Corporate Entities
    Industry: Consumer Products | Food and Beverage | Insurance
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Kurt M. Heyman and Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Jason M. Leviton and Joel A. Fleming, Block & Leviton LLP, Boston, MA for plaintiff.
    for defendant: William B. Chandler III, Randy J. Holland, Bradley D. Sorrels, Lindsay Kwoka Faccenda, Boris Feldman and David J. Berger, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE and Palo Alto, CA for defendants Lake, Anderson, Gurley, Hansen, McCollam, Wood, Ahuja, Carolan, Hastings, Hendricks, Hunt, Leff, Rothrock and nominal defendants Stitch Fix, Inc. and Roku, Inc. Catherine G. Dearlove and Sarah T. Andrade, Richards, Layton & Finger, P.A., Wilmington, DE; Michael G. Bon-giorno and Timothy J. Perla, Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY and Boston, MA for defendants Salz-berg, Bradley, Cool, Fox, Goodman, Hirshberg, Kelley and nominal defendant Blue Apron Holdings, Inc.
    Case Number: D68642

    The attorney fees sought by plaintiff were reasonable, so the court ordered each of the nominal defendants to pay one-third of the award.

  • Absalom Absalom Trust v. Saint Gervais LLC

    Publication Date: 2019-07-10
    Practice Area: Corporate Entities
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Montgomery-Reeves
    Attorneys: For plaintiff: Kevin R. Shannon, Christopher N. Kelly, and Jay G. Stirling, Potter Anderson & Corroon LLP, Wilmington, DE; Nathan M. Bull, Adam K. Magid, and Ailsa H. Chau, Cadwalader, Wickersham & Taft, LLP, New York, NY for plaintiff
    for defendant: Davis S. Eagle and Sean M. Brennecke, Klehr Harrison Harvey Branburg LLP, Wilmington, DE; Kenneth E. Warner, Warner Partners, P.C., New York, NY; Richard A. Greenberg, Steven Y. Yurowitz, and William J. Dobie, Newman & Greenberg LLP, New York, NY for defendant.
    Case Number: D68623

    Plaintiff lacked standing to inspect defendant LLC's books and records where defendant's operating agreement expressly limited inspection to members and stated that any unapproved transfer of membership interest or status was null and void, meaning that plaintiff could not become a member of defendant through an unapproved transfer of interest.

  • In re Facebook, Inc. Section 220 Litig.

    Publication Date: 2019-06-12
    Practice Area: Corporate Entities
    Industry: E-Commerce
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer and David M. Sborz, Andrews & Springer, LLC, Wilmington, DE; Geoffrey M. Johnson, Donald A. Broggi, Scott R. Jacobsen and Jing-Li Yu, Scott+Scott Attorneys at Law LLP, Cleveland Heights, OH and New York, NY for plaintiff City of Birmingham Relief and Retirement System. Ryan M. Ernst, O'Kelly Ernst & Joyce, LLC, Wilmington, DE; Thomas J. McKenna and Gregory M. Egleston, Gainey McKenna & Egleston, New York, NY for plaintiff Lidia Levy.
    for defendant: David E. Ross and R. Garrett Rice, Ross of Aronstam & Moritz LLP, Wilmington, DE; Orin Snyder, Kristin A. Linsley, Brian M. Lutz, Paul J. Collins and Joshua S. Lipshutz, Gibson, Dunn & Crutcher LLP, New York, NY, San Francisco, CA, Palo Alto, CA and Washington, DC for defendant.
    Case Number: D68594

    Plaintiffs provided a credible basis to support their demand for corporate books and records, because they presented some ev-idence of the company's failure to ensure the privacy of users' data.

  • Greenhouse v. Polychain Fund I LP

    Publication Date: 2019-06-12
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Joseph H. Huston, Jr. and Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE; Todd C. Toral and AnnaMarie A. VanHoesen, Jenner & Block LLP, Los Angeles, CA for plaintiff.
    for defendant: Jeffrey M. Gorris and Christopher P. Quinn, Friedlander & Gorris, P.A., Wilmington, DE; J. Noah Hagey and Taylor Altman, Braunhagey & Borden LLP, New York, NY for defendants.
    Case Number: D68593

    A former limited partner no longer had standing to request books and records, because his interest in the company was fully redeemed at the time of the request.