Filter This View

  • Scott v. Vantage Corp.

    Publication Date: 2021-02-24
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory | Software
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Shwartz
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69307

    Plaintiffs failed to establish their claims for misrepresentation or breach of fiduciary duty in connection with the sale of unregistered securities, and the trial court did not err in denying a motion for substitution of parties.

  • Lacey v. Mota-Velasco

    Publication Date: 2021-02-24
    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. Andrew, 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 & Tunnell LLP, Wilming-ton, DE; Bradley J. Benoit, Bryan Dumesnil, Bracewell LLP, Houston, TX; Srinivas M. Raju, Andrew J. Peach, Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; Steven R. Selsberg, S. Sels-berg Law, PLLC, Houston, TX; Sylvia A. Mayer, S. Mayer Law PLLC, Houston, TX; Peter J. Walsh, Jr., Mat-thew 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 defend-ants.
    Case Number: D69305

    The court granted defendant directors' motion to dismiss a breach of contract claim because plaintiff's claim was essentially one for breach of fiduciary duty.

  • Firefighters' Pension Sys. of the City of Kansas City, Missouri Trust v. Presidio, Inc.

    Publication Date: 2021-02-24
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Michael Hanrahan, Samuel L. Closic, Stephen D. Dargitz, Jason W. Rigby, Prickett, Jones & Elliott, P.A., Wilmington, DE; Lee D. Rudy, J. Daniel Albert, Stacey A. Greenspan, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff.
    for defendant: Kevin R. Shannon, Berton W. Ashman, Jr., Daniel M. Rusk, IV, Potter Anderson & Corroon LLP, Wilmington, DE; Ryan A. McLeod, Alexandra P. Sadinsky, Wilfred T. Beaye, Jr., Wachtell, Lipton, Rosen & Katz, New York, NY; William M. Lafferty, John P. DiTomo, Alexandra M. Cumings, Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Scott B. Luftglass, Rebecca L. Martin, Anne S. Aufhauser, Fried, Frank, Harris, Shriver & Jacobson LLP, New York, NY; Raymond J. DiCamillo, Kevin M. Gallagher, Megan E. O’Connor, Richards, Layton & Finger, P.A, Wilmington, DE; John L. Hardiman, Sullivan & Cromwell LLP, New York, NY; A. Thompson Bayliss, E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; Matthew Solum, Courtney A. Carvill, Kirkland & Ellis LLP, New York, NY for defendants.
    Case Number: D69302

    CEO held personal interest in proposed acquisition transaction that he was not entitled to exculpation for, and company's financial advisor and winning bidder aided and abetted breaches of fiduciary duties by exchanging information regarding the company's bidding process.

  • In re: Washington Mut., Inc.

    Publication Date: 2021-02-24
    Practice Area: Bankruptcy
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: U.S. Court of Appeals for the Third Circuit
    Judge: Judge Fisher
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69304

    District court properly affirmed bankruptcy court's overruling of preferred securities class member's objection to settlement where examination of the merits demonstrated that liquidating trust properly negotiated and entered into the settlement.

  • Golden Rule Fin. Corp. v. Shareholder Representative Serv. LLC

    Publication Date: 2021-02-17
    Practice Area: Mergers and Acquisitions
    Industry: Financial Services and Banking | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Michael Maimone, Faegre Drinker Biddle & Reath LLP, Wilmington, DE; Randall E. Kahnke, Peter C. Mag-nuson, Faegre Drinker Biddle & Reath LLP, Minneapolis, MN for plaintiff.
    for defendant: David E. Ross, Elizabeth M. Taylor, Ross Aronstam & Moritz LLP, Wilmington, DE; Erin C. Johnston, P.C.; McClain Thompson, Mariel A. Brookins, Kirkland & Ellis LLP, New York, NY for defendant.
    Case Number: D69297

    In this post-merger dispute, the court granted the seller's motion for dismissal of plaintiff's complaint be-cause the merger agreement specifically identified the accounting principles applicable to the post-closing price adjustment.

  • Law Journal Press | Digital Book

    Enforcement of Judgments: A Practitioner’s Guide to Recovery

    Authors: Dennis S. Ellis, Katherine F. Murray, Nicholas J. Begakis, Adam M. Reich

    View this Book

    View more book results for the query "*"

  • Wood v. U.S. Bank Nat'l Ass'n

    Publication Date: 2021-02-17
    Practice Area: Discovery
    Industry: Insurance | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Michael W. Teichman, Elio Battista, Jr., Judy M. Jones, Parkowski, Guerke & Swayze, P.A., Wilmington, DE; Eric P. Haas, Gardner Haas PLLC, Dallas, TX for plaintiffs.
    for defendant: Paul D. Brown, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; William B. Kerr, Kerr, LLP, New York, NY for defendants.
    Case Number: D69301

    The court granted plaintiffs' motion to compel production, and it denied defendants' motion for a retroac-tive extension of time in which to respond to plaintiffs' discovery requests.

  • LCT Capital, LLC v. NGL Energy Partners LP

    Publication Date: 2021-02-10
    Practice Area: Damages
    Industry: Energy | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Montgomery-Reeves
    Attorneys: For plaintiff: Steven L. Caponi, K&L Gates, LLP, Wilmington, DE; Roger R. Crane, Thomas A. Warns, K&L Gates, LLP, New York, NY for plaintiff.
    for defendant: Steven T. Margolin, Samuel L. Moultrie, Greenberg Traurig, LLP, Wilmington, DE; Hal S. Shaftel, Obiamaka P. Madubuko, Daniel Friedman, Greenberg Traurig, LLP, New York, NY for defendants.
    Case Number: D69292

    The trial court properly ordered a new trial on quantum meruit damages, but it abused its discretion in or-dering a new trial regarding damages for fraud, because plaintiff presented a unified theory of recovery which did not support an independent basis for awarding fraud damages.

  • Bcker v. Palisades Growth Capital II, L.P.

    Publication Date: 2021-02-10
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Delaware Supreme Court
    Judge: Justice Montgomery-Reeves
    Attorneys: For plaintiff: Thomas A. Uebler, Joseph L. Christensen, Hayley M. Lenahan, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE for appellants.
    for defendant: Bradley R. Aronstam, Roger S. Stronach, Holly E. Newell, Ross Aronstam & Moritz LLP, Wilmington, DE; Jon M. Talotta, Hogan Lovells US LLP, Tysons, VA; Michael C. Hefter, Hogan Lovells US LLP, New York, NY for appellee.
    Case Number: D69287

    Court properly found controller had affirmatively deceived directors to foster quorum by publicly expressing support for CEO after making statements to others suggesting controller intended to fire the CEO.

  • Morris v. Spectra Energy Partners (DE) GP, LP

    Publication Date: 2021-02-10
    Practice Area: Mergers and Acquisitions
    Industry: Energy | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Michael J. Barry, Rebecca A. Musarra, Grant & Eisenhoffer P.A., Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. 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: Robert S. Saunders, Ronald N. Brown, III, Ryan M. Linsay, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Noelle M. Reed, Daniel S. Mayerfeld, Skadden, Arps, Slate, Meagher & Flom LLP, Hou-ston, TX for defendant.
    Case Number: D69293

    The trial court erred in applying a litigation risk discount on a motion to dismiss for lack of standing.

  • Riskin v. Burns

    Publication Date: 2021-01-27
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor McCormick
    Attorneys: For plaintiff: Richard P. Rollo, Travis S. Hunter, Sarah A. Clark, Robert B. Greco, Angela Lam, Richards, Layton & Fin-ger, P.A., Wilmington, DE for plaintiff.
    for defendant: Brad D. Sorrels, Andrew D. Cordo, Daniyal M. Iqbal, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; A. Thomspon Baylis, Adam K. Schulman, Abrams & Bayliss LLP, Wilmington, DE; Bruce A. Ericson, Sta-cie O. Kinser, Pillsbury Winthrop Shaw Pittman LLP, San Francisco, CA; David J. Teklits, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
    Case Number: D69274

    The court granted motions to dismiss with respect to one group of defendants because some of plaintiff's claims were time-barred, and plaintiff failed to allege sufficient facts to support the remaining claims against those particular defendants.