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  • Cytotheryx, Inc. v. Castle Creek Biosciences, Inc.

    Publication Date: 2024-10-29
    Practice Area: Mergers and Acquisitions
    Industry: Biotechnology
    Court: Court of Chancery
    Judge: Chancellor Medinilla
    Attorneys: For plaintiff: Gary W. Lipkin, Michelle C. Streifthau-Livizos, Saul Ewing LLP, Wilmington, DE for plaintiff.
    for defendant: Adam V. Orlacchio, James G. Gorman III, Blank Rome LLP, Wilmington, DE for defendant.
    Case Number: 2023-1142-VLM

    Seller plausibly alleged claim of fraud where a promise to redeem preferred shares paid as consideration necessarily included promising to have the required third-party approvals to allow for the redemption.

  • Rostowsky v. Hirsch

    Publication Date: 2024-10-29
    Practice Area: Corporate Entities
    Industry: Health Care | Insurance
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Daniel C. Herr, Law Office of Daniel C. Herr LLC, Wilmington, DE; Barry F. Fagel, Lindhorst & Dreidame Co., L.P.A., Cincinnati, OH for plaintiff.
    for defendant: David B. Anthony, Berger McDermott LLP, Wilmington, DE; Brian Gottesman, Gabell Beaver LLC, Wilmington, DE; Alisa E. Moen, Moen Law LLC, Wilmington, DE for defendants.
    Case Number: 2022-0004-SG

    Facts demonstrated that plaintiff was entitled to ownership stake in business under promissory estoppel where defendants represented that plaintiff was a co-founder but failed to include him as a member in the LLC's formation documents.

  • Belknap Holdings, LLC v. Midwest Prototyping, LLC

    Publication Date: 2024-10-22
    Practice Area: Mergers and Acquisitions
    Industry: Manufacturing
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Sarah E. Delia, McCarter & English, LLP, Wilmington, DE for plaintiffs.
    for defendant: Taylor A. Christensen, John P. DiTomo, Morris Nichols Arsht & Tunnell, LLP, Wilmington, DE for defendant.
    Case Number: N23C-10-199 EMD CCLD

    Court dismissed action on summary judgment where plaintiffs' claims fell within the scope of the dispute resolution clause in the parties' asset purchase agreement.

  • Twitter, Inc. v. Musk

    Publication Date: 2024-10-22
    Practice Area: Corporate Entities
    Industry: E-Commerce
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Catherine A. Gaul, Randall J. Teti, Ashby & Geddes, P.A., Wilmington, DE for plaintiff
    for defendant: Aaron Greenspan, PlainSite, San Francisco, CA.
    Case Number: 2022-0613-KSJM

    Court granted continued confidential treatment of docket entries in part where they concerned confidential corporate policies and procedures, but declined to grant such treatment to non-confidential or public information.

  • The Spring League, LLC v. Frost Brown Todd LLP

    Publication Date: 2024-10-22
    Practice Area: Legal Malpractice
    Industry: Entertainment and Leisure | Insurance | Legal Services | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Patrick C. Gallagher, Courtney R. Prinski, Jacobs & Crumplar, P.A., New Castle, DE for plaintiff.
    for defendant: David E. Ross, Eric D. Selden, Ross Aronstam & Moritz LLP, Wilmington, DE for defendant.
    Case Number: N24C-01-095 EMD CCLD

    Former law firm client failed to establish causal connection to damages where insurance policy secured by counsel expired due to client's failure to pay premiums before a "claim" under the policy arose.

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    New Jersey Estate Litigation 2014

    Authors: Michael R. Griffinger, Paul F. Cullum III

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  • I-Mab Biopharma v. Inhibrx, Inc.

    Publication Date: 2024-10-22
    Practice Area: Intellectual Property
    Industry: Biotechnology
    Court: U.S. District Court of Delaware
    Judge: District Judge Burke
    Attorneys: For plaintiff: Rodger D. Smith II, Anthony D. Raucci, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Ching-Lee Fukuda, Tai-Heng Cheng, Vania Wang, Sidley Austin LLP, New York, NY; Thomas A. Broughan III, Sidley Austin LLP, Washington, DC; Brooke S. Böll, Sidley Austin LLP, Los Angeles, CA; Erik B. Fountain, McKool Smith, P.C., Dallas, TX for plaintiff.
    for defendant: Philip A. Rovner, Nicole K. Pedi, Tyler E. Cragg, Andrew M. Moshos, P. Andrew Smith, Potter Anderson & Corroon LLP, Wilmington, DE; Amy H. Candido, Wilson Sonsini Goodrich & Rosati, P.C., San Francisco, CA for defendant.
    Case Number: 22-276-CJB

    Court reserved decision on defendants' summary judgment motion after plaintiff's expert failed to quantify a value for allegedly misappropriated trade secrets.

  • United States v. Freeman

    Publication Date: 2024-10-22
    Practice Area: Criminal Law
    Industry:
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Freeman
    Attorneys: For plaintiff: Mary K. Healy, Office of Federal Public Defender, Wilmington, DE for appellant.
    for defendant: Kevin Pierce, Jesse S. Wenger, Office of United States Attorney, Wilmington, DE for appellee.
    Case Number: 23-2869

    District court erred by not relying on commentary to Guidelines sentencing enhancement that contained ambiguous language to determine applicability of enhancement to defendant's actions.

  • Armenta v. G/O Media, Inc.

    Publication Date: 2024-10-22
    Practice Area: Personal Injury
    Industry: Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Lugg
    Attorneys: For plaintiff: Elizabeth M. Locke, David Sillers, Jonathan R. Kaiman, Clare Locke LLP; Brian E. Farnan, Michael J. Farnan, Farnan LLP for plaintiffs.
    for defendant: Joseph Slaughter, Elizabeth S. Fenton, Lynn Oberlander, Lauren P. Russell, Ballard Spahr LLP for defendant.
    Case Number: N24C-02-051 SPL

    News article asserting that individual had worn black face and a Native American headdress at a sports event to disparage Black people and Native Americans constituted a disprovable expression of fact potentially subjecting the publisher to liability for defamation.

  • CareDx, Inc. v. Natera, Inc.

    Publication Date: 2024-10-22
    Practice Area: Business Torts
    Industry: Biotechnology | Health Care
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Shwartz
    Attorneys: For plaintiff:
    for defendant:
    Case Number: 23-2427

    Court remanded case where district court did not review the evidence as to all advertisements at issue in a Lanham Act false advertising case.

  • GMG Ins. Agency v. Margolis Edelstein

    Publication Date: 2024-10-22
    Practice Area: Legal Malpractice
    Industry: Insurance | Legal Services
    Court: Delaware Supreme Court
    Judge: Justice Griffiths
    Attorneys: For plaintiff: Michael R. Ippoliti, Christopher Isaac, Ippoliti Law Group, Wilmington, DE for appellant.
    for defendant: Sally J. Daugherty, Salmon, Ricchezza, Singer & Turchi, LLP, Wilmington, DE; George M. Vinci, Jr., David B. Picker, Spector Gadon Rosen Vinci P.C., Philadelphia, PA for appellee.
    Case Number: 213, 2023

    Trial court erred in granting summary judgment to defendant in legal malpractice action where there was a genuine issue of material fact as to whether counsel negligently handled discovery and failed to pursue a summary judgment motion to end the litigation against plaintiff.