• In re: Resolute Energy Corp. Sec. Litig.

    Publication Date: 2022-02-08
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Krause
    Attorneys: For plaintiff:
    for defendant:

    Case Number: D69709

    Failure to explain alleged "actual value" of company shares or how the company's stockholders could have achieved that value in a merger transaction was fatal to fraud/breach of fiduciary duty claim.

  • The Am. Inst. for Chartered Prop. Cas. Underwriters v. Potter

    Publication Date: 2022-01-18
    Practice Area: Mergers and Acquisitions
    Industry: Insurance
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Matthew P. Denn, DLA Piper LLP, Wilmington, DE; Christopher Oprison, DLA Piper LLP, Miami, FL for plaintiff.
    for defendant: Seth Niederman, Katelyn M. Crawford, Fox Rothschild LLP, Wilmington, DE; Robert S. Tintner, Nathan M. Buchter, Fox Rothschild LLP, Philadelphia, PA for defendant.

    Case Number: D69683

    Claim under Section 766A of the Restatement (Second) of Torts failed where claimant failed to allege that it was unable to secure performance from its contractual counterparty due to the interference of the defendant.

  • The Williams Cos., Inc. v. Energy Transfer LP

    Publication Date: 2022-01-11
    Practice Area: Mergers and Acquisitions
    Industry: Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Kenneth J. Nachbar, Susan W. Waesco, Matthew R. Clark, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Antony L. Ryan, Kevin J. Orsini, Michael P. Addis, David H. Korn, Cravath, Swaine & Moore LLP, New York, NY for plaintiff and counterclaim defendant.
    for defendant: Rolin P. Bissel, James M. Yoch, Jr., Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, John C. Wander, Craig E. Zieminski, Andy E. Jackson, Vinson & Elkins LLP, Dallas, TX, for defendants and counterclaim plaintiffs.

    Case Number: D69672

    The court held that defendant was contractually obligated to reimburse plaintiff for a merger termination fee of $410 million plus interest to plaintiff.

  • SPay, Inc. v. Stack Media Inc.

    Publication Date: 2022-01-04
    Practice Area: Mergers and Acquisitions
    Industry: Software
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: John A. Sensing, Clarissa R. Chenoweth-Shook, Potter Anderson & Corroon LLP, Wilmington, DE; Dylan P. Kletter, Anthony J. Boccamazzo, Kelsey D. Bond, Brown Rudnick LLP, Hartford, CT for plaintiff.
    for defendant: William D. Sullivan, William A. Hazeltine, Sullivan Hazeltine Allinson LLC, Wilmington, DE; Peter Skinner, Duane Loft, David Barillari, Lindsey Ruff, Anastasia Cembrovska, Boies Schiller Flexner LLP, New York, NY; Donna L. Culver, Derek C. Abbott, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sean D. Malloy, Jennifer D. Armstrong, McDonald Hopkins LLC, Cleveland, Ohio; Geoffrey G. Grivner, Kody M. Sparks, Buchanan Ingersoll & Rooney PC. Wilmington, DE; Sidney S. Liebesman, Fox Rothschild LLP, Wilmington, DE; Stephanie Resnick, John C. Fuller, Fox Rothschild LLP, Philadelphia, PA for defendants.

    Case Number: D69663

    The court held it had subject matter jurisdiction over all claims though some were common law rather than equitable claims.

  • Serviz v. The ServiceMaster Co., LLC

    Publication Date: 2021-12-21
    Practice Area: Mergers and Acquisitions
    Industry:
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Steven L. Caponi, Matthew B. Goeller, K&L Gates LLP, Wilmington, DE for plaintiff.
    for defendant: John P. DiTomo, Miranda N. Gilbert, Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, DE, Lynn K. Neuner, Rachel S. Bradley, Simpson, Thatcher & Bartlett LLP, New York, NY for defendants.

    Case Number: D69648

    The court ordered plaintiff to produce emails from their privilege log, finding that the emails were not protected by attorney-client privilege.

  • Law Journal Press | Digital Book

    Georgia Legal Malpractice Law 2024

    Authors: SHARI L. KLEVENS, ALANNA G. CLAIR

    View this Book

    View more book results for the query "*"

  • AB Stable VIII LLC v. MAPS Hotels & Resorts One LLC

    Publication Date: 2021-12-21
    Practice Area: Mergers and Acquisitions
    Industry: Hospitality and Lodging
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Raymond J. DiCamillo, Kevin M. Gallagher, Sarah A. Clark, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Theodore N. Mirvis, William Savitt, Sarah K. Eddy, Ryan A. McLeod, Wachtell, Lipton, Rosen & Katz, New York, NY; Theodore B. Olson, Amir C. Tayrani, Gibson, Dunn & Crutcher LLP, Washington, D.C.; Adam H. Offenhartz, Marshall R. King, Gibson, Dunn & Crutcher LLP, New York, NY for appellant.
    for defendant: A. Thompson Bayliss, Michael A. Barlow, April M. Kirby, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; Kathleen M. Sullivan, Michael B. Carlinsky, William B. Adams, Christopher D. Kercher, Rollo C. Baker IV, Todd G. Beattie, Jonathan E. Feder, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Kap-You Kim, Peter & Kim Attorneys at Law, Seoul, South Korea for appellees.

    Case Number: D69651

    Seller of hotel businesses breached ordinary course covenant by making material changes to operations in response to the COVID-19 pandemic, where the covenant did not contain a material adverse event exception and where seller failed to obtain buyer's consent to the changes.

  • Swift v. Houston Wire & Cable Company

    Publication Date: 2021-12-21
    Practice Area: Mergers and Acquisitions
    Industry: Distribution and Wholesale
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: Blake A. Bennett, Cooch and Taylor P.A., Wilmington, DE; W. Scott Holleman, Garam Choe, Bragar Eagel & Squire, P.C., New York, NY for plaintiff.
    for defendant: Mark Hurd, Miranda Gilbert, Morris, Nichols, Arsht, & Tunnell LLP, Wilmington, DE; Kayvan Sadeghi, Schiff Hardin LLP, New York, NY; Jin Yan, Schiff Hardin LLP, Chicago, IL for defendant.

    Case Number: D69647

    The court held that plaintiff did not have standing to file a suit to compel production of books and records of corporation be-cause, at the time of initiating litigation, plaintiff was not a stockholder in the corporation.

  • White Winston Select Asset Funds, LLC v. Good Times Rest., Inc.

    Publication Date: 2021-11-09
    Practice Area: Mergers and Acquisitions
    Industry: Food and Beverage
    Court: U.S. District Court of Delaware
    Judge: District Judge Bibas
    Attorneys: For plaintiff: Richard A. Barkasy, Kristi J. Doughty, Stephen A. Fogdall, Schnader, Harrison, Segal & Lewis LLP, Wilmington, DE; Daniel M. Pereira, Stradley Ronon Stevens & Young, LLP, Wilmington, DE for plaintiffs
    for defendant: Catherine A. Gaul, Michael Dean Walker, Jr. Ashby & Geddes, Wilmington, DE; Peter L. Loh, Davis G. Mosmeyer III, Sara A. Brown, Foley & Lardner LLP, Dallas, TX for defendant.

    Case Number: D69605

    Motion for leave to amend granted where the new proposed claims were based in part on facts that were not known to plaintiff until revealed during discovery.

  • Pacira Biosciences, Inc. v. Fortis Advisors LLC

    Publication Date: 2021-11-09
    Practice Area: Mergers and Acquisitions
    Industry: Biotechnology | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Lisa A. Schmidt, Raymond J. DiCamillo, Megan E. O’Connor, Richards, Layton & Finger, P.A., Wilmington, DE; Randy M. Mastro, Declan T. Conroy, Gibson, Dunn & Crutcher LLP, New York, NY for plaintiffs.
    for defendant: R. Judson Scaggs, Jr., Lauren K. Neal, Sarah P. Kaboly, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Christopher J. Marino, Davis Malm & D’agostine, P.C., Boston, MA; Henry E. Gallagher, Jr., Shaun Michael Kelly, Jarrett W. Horowitz, Connolly Gallagher LLP, Wilmington, DE for defendants.

    Case Number: D69603

    Claims that former owners and employees of acquired company improperly interfered with acquirer's operation of the business were dismissed where the parties' merger agreement contained no express non-compete/non-interference language and defendants' cited actions did not rise to the level of bad faith interference or communication with the acquirer's employees.

  • Chertok v. Zillow, Inc.

    Publication Date: 2021-11-02
    Practice Area: Mergers and Acquisitions
    Industry: E-Commerce | Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: Michael J. Maimone, Barnes & Thornburg LLP, Wilmington, DE for plaintiffs.
    for defendant: Geoffrey G. Grivner, Kody M. Sparks, Buchanan Ingersoll & Rooney PC, Wilmington, DE for defendant.

    Case Number: D69590

    Complaint seeking contractual remedies from a merger, filed six years after the closing of the merger transaction, was patently untimely under the applicable statute of limitations.