• Jacobs v. Meghji

    Publication Date: 2020-10-21
    Practice Area: Deals and Transactions
    Industry: Construction | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Stephen E. Jenkins, Richard D. Heins, Ashby & Geddes, Wilmington, DE; Donald J. Enright, Elizabeth K. Tripodi, Jordan A. Cafritz, Levi & Korsinsky, LLP, Washington, DC for plaintiff.
    for defendant: T. Brad Davey, J. Matthew Belger, Nicholas D. Mozal, Potter Anderson & Corroon LLP, Wilmington, DE; S. Michael Sirkin, Ross, Aronstam & Moritz LLP, Wilmington, DE; Yosef J. Riemer, Jeffrey Goldfine, Kirkland & Ellis LLP, New York, NY; Daniel A. Mason, Brandan W. Sullivan, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Andrew J. Ehrlich, Gregory Laufer, Anika Rappleye, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Lisa A. Schmidt, Alexander M. Krischik, Richards, Layton & Finger, P.A., Wilmington, DE for defendants

    Case Number: D69163

    The court granted a motion to dismiss claims for aiding and abetting and for unjust enrichment, because plaintiff failed to demonstrate knowing participation in any breaches of fiduciary duty.

  • Lacey v. Mota-Velasco

    Publication Date: 2020-10-21
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Mining and Resources
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, David Sborz, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman, Spencer Oster, David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiff.
    for defendant: William M. Lafferty, John P. Ditomo, Elizabeth A. Mullin, Morris, Nichols, Arsht & Tunnel LLP, Wilmington, DE; Bradley J. Benoit, Bryan Dumesnil, Bracewell LLP, Houston, TX; Ralph D. McBride, Houston, TX; Srinivas M. Raju, Andrew J. Peach, Matthew W. Murphy, Richards Layton & Finger, P.A., Wilmington, DE; Steven R. Selsberg, S. Selsberg Law, P.L.L.C., Houston, TX; Sylvai A. Mayer, S. Mayer Law PLLC, Houston, TX; Peter J. Walsh, Jr., Matthew F. Davis, Elizabeth M. Taylor, Potter Anderson & Corroon LLP, Wilmington, DE; Robert J. Giuffra, Jr., David M.J. Rein, Matthew A. Peller, Y Carson Zhou, Sullivan & Cromwell LLP, New York, NY for defendants.

    Case Number: D69164

    The court granted a motion to dismiss as to a foreign defendant due to lack of personal jurisdiction, because plaintiff failed to allege any acts in Delaware which were in furtherance of a conspiracy.

  • In re: TrueCar, Inc. Stockholder Derivative Litig.

    Publication Date: 2020-10-14
    Practice Area: Corporate Governance
    Industry: Automotive | E-Commerce | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: Thomas A. Uebler, Jeremy J. Riley, McCollom D’emilio Smith Uebler LLC, Wilmington, DE; P. Bradford deLeeuw, Deleeuw Law LLC, Wilmington, DE; Melinda A. Nicholson, Nicolas Kravitz, Eda Ayrim Walker, Kahn Swick & Foti, LLC, New Orleans, LA; Ashley R. Rifkin, Steven R. Wedeking, Robbins LLP, San Diego, CA; Jeffrey S. Abraham, Michael J. Klein, Abraham, Fruchter & Twersky, LLP, New York, NY for plaintiffs.
    for defendant: Shannon E. German, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Jerome F. Birn, Jr., Catherine Moreno, Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA; Gregory P. Williams, Brock E. Czeschin, Kevin M. Regan, Richards, Layton & Finger, P.A., Wilmington, DE; Albert H. Manwaring, IV, Albert J. Carroll, Morris James LLP, Wilmington, DE; Brian Michael Lutz, Michael J. Kahn, Gibson, Dunn & Crutcher LLP, San Francisco, CA; Jon E. Abramczyk, Ryan D. Stottmann, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jon E. Abramczyk, Ryan D. Stottmann, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Ralph C. Ferrara, Ann M. Ashton, Proskauer Rose LLP, Washington, DC; Julia D. Alonzo, Proskauer Rose LLP, New York, NY for defendants.

    Case Number: D69152

    Stockholders' derivative action dismissed for failure to make litigation demand where plaintiffs failed to plead facts showing that directors faced reasonable risk of liability from the derivative action and thus could not impartially consider a litigation demand.

  • Roma Landmark Theaters, LLC v. Cohen Exhibition Co., LLC

    Publication Date: 2020-10-14
    Practice Area: Mergers and Acquisitions
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Garrett B. Moritz, Anne M. Steadman, Ross Aronstam & Moritz LLP, Wilmington, DE; Marshall R. King, Hannah E. Kirshner, Gibson, Dunn & Crutcher LLP, New York, NY for plaintiffs.
    for defendant: Kevin M. Gallagher, Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE; Donald A. Harwood, Simon W. Reiff, Harwood Reiff LLC, New York, NY for defendant.

    Case Number: D69155

    Defendant adequately stated a counterclaim for fraud, but the court dismissed the remainder of its counterclaims.

  • Searchlight CST, L.P. v. MediaMath Holdings, Inc.

    Publication Date: 2020-10-14
    Practice Area: Contracts
    Industry: Advertising | Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Eric D. Schwartz, Thomas W. Briggs, Jr., Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Eric D. Winston, Kristen Bird, Bennett Murphy, Quinn Emanuel Urquhart & Sullivan LLP, Los Angeles, CA for plaintiff.
    for defendant: Richard I.G. Jones, Jr., Michael W. McDermott, David B. Anthony, Peter C. McGivney, Berger Harris LLP, Wilmington, DE; David H. Wollmuth, R. Scott Thompson, Brad J. Axelrod, Joshua M. Slocum, John R. Hein, Wollmuth Maher & Deutsch LLP, New York, NY for defendant.

    Case Number: D69156

    Under the unambiguous terms of the parties' agreement, defendant did not need plaintiff's consent to enter into a new loan transaction.

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  • iBio, Inc. v. Fraunhofer USA, Inc.

    Publication Date: 2020-10-14
    Practice Area: Contracts
    Industry: Biotechnology
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: David E. Ross, Eric D. Selden, Ross Aronstam & Moritz LLP, Wilmington, DE; Reed S. Oslan, Mark W. Premo-Hopkins, Britt Cramer, Lee M. Mason, Kirkland & Ellis LLP, Chicago, IL for plaintiff.
    for defendant: Todd C. Schiltz, Drinker Biddle & Reath LLP, Wilmington, DE; Paul H. Saint-Antoine, D. Alicia Hickok, Richard E. Coe, Mark D. Taticchi, Drinker Biddle & Reath LLP, Philadelphia, PA for defendant.

    Case Number: D69151

    Fraud, unjust enrichment and conversion claims arising from alleged breach of technology development and transfer agreement dismissed on summary judgment where such claims were merely bootstrapped or were otherwise preempted by existing contractual and statutory trade secret claims.

  • Glen Allen Farm, LLC v. New Castle County

    Publication Date: 2020-10-14
    Practice Area: Public Utilities
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Sidney S. Liebesman, E. Chaney Hall, Wali W. Rushdan, Fox Rothschild LLP, Wilmington, DE for petitioner.
    for defendant: Max B. Walton, Lauren P. DeLuca, Connolly Gallagher LLP, Wilmington, DE; Brian J. Merritt, New Castle County Office of Law, New Castle, DE for respondents.

    Case Number: D69150

    Petitioner's effort to enforce, as a third-party beneficiary, a settlement agreement to provide sewer service dismissed as unripe where petitioner had failed to exhaust its administrative remedies with the county by requesting service and where any ruling would merely be advisory in nature as the required contingencies under the settlement had not yet been met.

  • The Republican State Comm. of Delaware v. State of Delaware, Dep't of Elections

    Publication Date: 2020-10-14
    Practice Area: Election and Political Law
    Industry: State and Local Government
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Julia B. Klein, Klein LLC, Wilmington, DE for plaintiffs.
    for defendant: Kathleen M. Jennings, Aaron R. Goldstein, Ilona M. Kirshon, Allison J. McCowan, Frank N. Broujos, Delaware Dep’t of Justice, Wilmington, DE; Max B. Walton, Matthew F. Boyer, Trisha W. Hall, Connoly Gallagher LLP, Wilmington, DE for defendants.

    Case Number: D69154

    The general assembly's enactment of the Vote by Mail Statute complied with constitutional requirements, so plaintiffs were not entitled to injunctive relief.

  • Pilot Air Freight, LLC v. Manna Freight Sys., Inc.

    Publication Date: 2020-10-07
    Practice Area: Mergers and Acquisitions
    Industry: Cargo and Shipping | Transportation
    Court: Court of Chancery
    Judge: Vice Chancellor Slights
    Attorneys: For plaintiff: Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Troy S. Brown, Margot G. Bloom, Brian F. Morris, Morgan, Lewis & Bockius LLP, Philadelphia, PA for plaintiff.
    for defendant: Kurt M. Heyman, Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Michael F. Cockson, Nathaniel J. Zulstra, Faegre Drinker Biddle & Reath LLP, Minneapolis, MN for defendants.

    Case Number: D69146

    Plaintiff failed to bring its claim for indemnification within the time period stated in the parties' contract, and it identified no gap to fill with respect to its good faith and fair dealing claim.

  • Lowry v. Irish

    Publication Date: 2020-10-07
    Practice Area: Real Estate
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stephen W. Spence, Stephen A. Spence, Baird Mandalas Brockstedt, LLC, Lewes, DE for petitioner.
    for defendant: Eugene H. Bayard, R. Eric Hacker, Ross C. Karsnitz, Morris James LLP, Georgetown, DE for respondents.

    Case Number: D69144

    Contractual waiver of the statutory right of partition was unenforceable where original signatories failed to limit the duration of the waiver, such that it constituted an unreasonable restraint on alienation.