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Publication Date: 2024-06-03
Practice Area: Consumer Protection
Industry: E-Commerce | Entertainment and Leisure
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Ryan D. Stottmann, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for plaintiff.
for defendant: Robert J. Kriner, Jr., Chimicles, Schwartz Kriner & Donaldson-Smith LLP, Wilmington, DE for defendant.
Case Number: 2024-0040-MTZ
Court denied confidentiality of litigation record motion where parties could not rely on a contractual provision to demand confidentiality and movant failed to overcome the presumption in favor of public access.
Publication Date: 2024-06-03
Practice Area: Securities Litigation
Industry: Health Care | Investments and Investment Advisory | Software
Court: Court of Chancery
Judge: Judge Wallace
Attorneys: For plaintiff: Kevin M. Coen, Miranda N. Gilbert, Morris, Nichols, Arsht & Tunnell, Wilmington, DE; Joseph P. Rockers, Justin D. Ward, Goodwin Procter, Boston, MA for plaintiffs.
for defendant: Shannon E. German, Jeremy W. Gagas, Emmanuel J. Burrell, Wilson Sonsini Goodrich & Rosati, Wilmington, DE for defendant.
Case Number: 2023-1253-PRW
Investor adequately pled fraud claim by alleging that entrepreneur intentionally misappropriated a third party's intellectual property despite making contractual representations as to the validity of their ownership of their IP.
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.
Publication Date: 2024-06-03
Practice Area: Mergers and Acquisitions
Industry: Financial Services and Banking | Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Traynor
Attorneys: For plaintiff: A. Thompson Bayliss, Michael A. Barlow, Eliezer Y. Feinstein, Abrams & Bayliss LLP, Wilmington, DE; R. Brian Timmons, David M. Grable, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA; David Cooper, Deborah K. Brown, Nathan Goralnik, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY for appellants.
for defendant: Bradley R. Aronstam, S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Andrew Ditchfield, Brian M. Burnovski, Pascale Bibi, Kyra Macy Kaufman, Davis Polk & Wardwell LLP, New York, NY; Neal Kumar Katyal, Nathaniel A.G. Zelinsky, Hogan Lovells US LLP, Washington, D.C., Dennis H. Tracey, III, Hogan Lovells US LLP, New York, NY for appellees.
Case Number: 2022-0808
Court remanded for reconsideration of interpretation of contractual requirement using extrinsic evidence where both parties proffered reasonable interpretations of the provision.
Publication Date: 2024-06-03
Practice Area: Mergers and Acquisitions
Industry: Energy | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Ned Weinberger, Brendan W. Sullivan, Labaton Keller Sucharow LLP, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Stephen E. Jenkins, Marie M. Degnan, Ashby & Geddes, P.A., Wilmington, DE; Jeroen van Kwawegen, Lauren A. Ormsbee, Thomas G. James, Margaret Sanborn-Lowing, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for plaintiffs.
for defendant: Martin S. Lessner, James M. Yoch, Jr., Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Brian J. Massengill, Michael Olsen, Matthew C. Sostrin, Linda X. Shi, Mayer Brown LLP, Chicago, IL for defendant.
Case Number: 2018-0484-JTL
Court held buyer equally liable for seller's officers' breaches of fiduciary duties where buyer's culpability arose from its breaches of its contractual obligations under a standstill agreement with the seller.
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Publication Date: 2024-06-03
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Joseph L. Christensen, Christensen & Dougherty LLP., Wilmington, DE for plaintiff.
for defendant: Peter J. Walsh, Jr., Michael A. Pittenger, Justin T. Hymes, Potter Anderson & Corroon LLP, Wilmington, DE for defendant.
Case Number: 2024-0172-PAF
Nominal corporate defendant failed to demonstrate need for continued confidential treatment of the complaint where company could not show how disclosure of remaining redacted information would cause harm to company's competitive advantage that outweighed the public interest in access.
Publication Date: 2024-06-03
Practice Area: Labor Law
Industry: Non-Profit
Court: Delaware Superior Court
Judge: Judge Adams
Attorneys: For plaintiff: “J” Jackson Shrum, Jack Shrum, P.A., Wilmington, DE; Dayna C. Cooper, Cooper Legal Solutions, Towson, MD for plaintiff.
for defendant: Tracey E. Timlin, Charles W. Fournier, Duane Morris LLP, Wilmington, DE for defendants.
Case Number: N23C-04-192 MAA
Court dismissed case due to failure to perfect timely service, lack of personal jurisdiction over one of the defendants, and venue being more proper in another jurisdiction.
Publication Date: 2024-06-03
Practice Area: Bankruptcy
Industry: Energy | Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Hall
Attorneys: For plaintiff: J. Christopher Shore, Colin T. West, White & Case LLP, New York, NY; Michael J. Farnan, Farnan LLP, Wilmington, DE for appellant.
for defendant: Daniel M. Stern, Samuel M. Kidder, KTBS Law LLP, Los Angeles, CA; Andrew J. Gallo, Nathaniel P. Bruhn, Morgan, Lewis & Bockius LLP, Boston, MA; Bryan Killian, Morgan, Lewis & Bockius LLP, Washington, DC; Michael R. Nestor, Michael S. Neiburg, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for appellees.
Case Number: 15-11934 (BLS)
Court denied certification of direct appeal of bankruptcy order to the Third Circuit where the order did not announce a per se rule or conflict with settled precedent.
Publication Date: 2024-05-27
Practice Area: Contracts
Industry: Financial Services and Banking | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Davis
Attorneys: For plaintiff: David A. Jenkins, Julie M. O’Dell, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Jonathan K. Waldrop, Marcus Barber, Kasowitz Benson Torres LLP, Redwood Shores, CA; Carolina Diaz-Martinez, Kasowitz Benson Torres LLP, New York, NY for plaintiff.
for defendant: John A. Sensing, P. Andrew Smith, Potter Anderson & Corroon LLP, Wilmington, DE; Bambo Obaro, Weil, Gotshal & Manges LLP, Redwood Shores, CA; David J. Lender, Weil, Gotshal & Manges LLP, New York, NY for defendants.
Case Number: N23C-04-086 EMD CCLD
Misappropriation claims were untimely where announcement of competing program was sufficient to put plaintiff on notice of potential misappropriation.
Publication Date: 2024-05-27
Practice Area: Antitrust
Industry: Manufacturing | Pharmaceuticals
Court: U.S. District Court of Delaware
Judge: District Judge Burke
Attorneys: For plaintiff: Dominick T. Gattuso, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; W. Gordon Dobie, Winston & Strawn LLP, Chicago, IL; Susannah P. Torpey, Winston & Strawn LLP, New York, NY; Robert A. Julian, Baker & Hostetler LLP, San Francisco, CA for plaintiffs.
for defendant: Gary W. Lipkin, Michelle C. Streifthau-Livizos, Saul Ewing LLP, Wilmington, DE; Charles O. Monk, II, Jordan D. Rosenfeld, Saul Ewing LLP, Baltimore, MD; Jeffrey S. Robbins, Saul Ewing LLP, Boston, MA; Michael F. Brockmeyer, David S. Shotlander, Haug Partners LLP, Washington, D.C.; Ralph E. Labaton, Aakruti G. Vakharia, Haug Partners LLP, New York, NY; Daniel M. Silver, Alexandra M. Joyce, McCarter & English, LLP, Wilmington, DE; Erick J. Stock, Shireen Barday, Joshua Obear, Gibson Dunn & Crutcher LLP, New York, NY; Beth Moskow-Schnoll, Tyler B. Burns, Ballard Spahr LLP, Wilmington, DE; Adam K. Levin, Benjamin Holt, Ilana Kattan, Kaitlyn Golden, Hogan Lovells US LLP, Washington, D.C. for defendants.
Case Number: 22-1302-CJB
Plaintiffs adequately pled antitrust claims by alleging various anticompetitive acts by defendants designed to prevent or delay market entry of competing products, which resulted in the failure of plaintiffs' product launch.
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