• Fannin v. UMTH Land Dev., L.P.

    Publication Date: 2020-09-16
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Robert J. Kriner, Jr. and Tiffany J. Cramer, Chimicles Schwartz Kriner & Donaldson-Smith LLP, Wilmington, DE for plaintiffs.
    for defendant: Steven L. Caponi, K&L Gates LLP, Wilmington, DE; John W. Rotunno, Paul J. Walsen, Joseph C. Wylie II, Molly K. McGinley, Matthew A. Alvis, K&L Gates LLP, Chicago, IL; Myron T. Steele, Timothy R. Dudderar, Jacqueline A. Rogers, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.

    Case Number: D69118

    Limited partners' fiduciary claims survived dismissal where limited partners could rely on misleading disclosures regarding challenged transactions, where the general partners and controllers failed to eliminate fiduciary duties from the partnership agreement, and where general partner's financial interest in challenged transactions was sufficient to establish demand futility.

  • Swipe Acquisition Corp. v. Krauss

    Publication Date: 2020-09-09
    Practice Area: Deals and Transactions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: David E. Ross and S. Michael Sirkin, Ross Aranstam & Moritz LLP, Wilmington, DE; Michael Farhang, Ari Lanin and Samuel A. Spears, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for plaintiff.
    for defendant: Michael F. Bonkowski, Cole Schotz, P.C., Wilmington, DE; Kevin A. Reck, Kara M. Wick and Emily Lang, Foley & Lardner LLP, Orlando, FL; Louis J. Rizzo, Jr., Reger Rizzo & Darnell LLP, Wilmington, DE; William E. Shmidheiser, III, Flora Pettit, Harrisonburg; Raymond H. Lemisch, Klehr, Harrison, Harvey & Branzburg LLP, Wilmington, DE for defendants.

    Case Number: D69114

    Buyers stated claims for breach of contract, indemnity and fraud in connection with the sale of a business, because sellers failed to disclose important customer information.

  • Teamsters Local 443 Health Serv. & Ins. Plan v. Chou

    Publication Date: 2020-09-09
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Mark D. Richardson and David MacIsaac, Labaton Sucharow LLP, Wilmington, DE and New York, NY; Christine M. Mackintosh and Rebecca Musarra, Grant & Eisenhofer P.A., Wilmington, DE; David Wales and Christopher J. Orrico, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank Schirripa, Hach Rose Schirripa & Cheverie LLP, New York, NY; Nathaniel L. Orenstein and Nicole Lavallee, Berman Tabacco, Boston, MA and San Francisco, CA for plaintiffs.
    for defendant: Stephen C. Norman, Jennifer C. Wasson and Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael D. Blanchard, Andrew M. Buttaro and Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants and nominal defendant.

    Case Number: D69115

    Demand was futile in this derivative action, and plaintiffs had alleged sufficient facts to support their claims for oversight liability.

  • In re WeWork Litig.

    Publication Date: 2020-09-02
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Real Estate
    Court: Court of Chancery
    Judge: Chancellor Bouchard
    Attorneys: For plaintiff: William B. Chandler III, Brad D. Sorrels, Lori W. Will, Lindsay Kwoka Faccenda, Leah E. Brenner, and Jeremy W. Gagas, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Michael S. Sommer, Wilson Sonsini Goodrich & Rosati, P.C., New York, NY; David J. Berger, Steven M. Guggenheim, and Dylan G. Savage, Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA; William M. Lafferty, Kevin M. Coen, Sabrina M. Hendershot, and Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Eric Seiler, Philippe Adler, and Mala Ahuja Harker, Friedman Kaplan Seiler & Adelman LLP, New York, NY; William Christopher Carmody, Shawn J. Rabin, and Arun Subramanian, Susman Godfrey L.L.P., New York, NY for plaintiffs.
    for defendant: Robert S. Saunders and Sarah R. Martin, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; George A. Zimmerman, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY; Elena C. Norman, Rolin P. Bissell, and Nicholas J. Rohrer, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Erik J. Olson, Morrison & Foerster LLP, Palo Alto, CA; James Bennett and Jordan Eth, Morrison & Foerster LLP, San Francisco, CA; Michael A. Barlow and E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; John B. Quinn and Molly Stephens, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA for defendants.

    Case Number: D69102

    Corporation could not bar specific directors from privileged information provided to the corporation as the director's management authority rendered it a joint client of the corporation and its board.

  • Manti Holdings, LLC v. Authentix Acquisition Co., Inc.

    Publication Date: 2020-08-26
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: John L. Reed, Peter H. Kyle and Kelly L. Freund, DLA Piper LLP, Wilmington, DE for petitioners.
    for defendant: Samuel A. Nolen, Richards, Layton & Finger, P.A., Wilmington, DE; Andrew Hammond and Michelle Letourneau-Belock, White & Case LLP, New York, NY for respondent.

    Case Number: D69099

    Company was entitled to an award of attorney fees in this statutory appraisal action, and the court awarded petitioners interest from the date of the merger on the consideration for their shares.

  • Law Journal Press | Digital Book

    New Jersey Law of Personal Injury: With the Model Jury Charges 2025

    Authors: James Hely, Donald A. Digioia

    View this Book

    View more book results for the query "*"

  • Fannin v. UMTH Land Dev. L.P.

    Publication Date: 2020-08-19
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Robert J. Kriner, Jr. and Tiffany J. Cramer, Chimicles Schwartz Kriner & Donaldson-Smith LLP, Wilmington, DE for plaintiffs.
    for defendant: Steven L. Caponi, K&L Gates LLP, Wilmington, DE; John W. Rotunno, Paul J. Walsen, Joseph C. Wylie II, Molly K. McGinley, Matthew A. Alvis, K&L Gates LLP, Chicago, IL; Myron T. Steele, Timothy R. Dudderar, Jacqueline A. Rogers, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.

    Case Number: D69086

    Court declined to dismiss breach of fiduciary duty claims where general partner and controller affiliates had not removed fiduciary duties from the partnership agreement and where plaintiffs were entitled to rely on disclosures related to challenged transactions and thus were not on inquiry notice of their claims.

  • Eagle Force Holdings, LLC v. Campbell

    Publication Date: 2020-08-05
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Harold M. Walter, Baltimore, MD for appellants.
    for defendant: David L. Finger, Finger and Slanina, LLC, Wilmington, DE for appellee.

    Case Number: D69054

    Court did not err in dismissing case for lack of personal jurisdiction where it found parties' contracts were not binding agreements as objective evidence demonstrated that the parties had not unambiguously manifested their intent to be bound to the agreements.

  • In re Oracle Corp. Derivative Litig.

    Publication Date: 2020-08-05
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for plaintiff.
    for defendant: Kevin R. Shannon, Berton W. Ashman, Jr. and David A. Seal, Potter Anderson & Corroon LLP, Wilmington, DE; Arthur H. Aufses, Jonathan M. Wagner and Jason M. Moff, Kramer Levin Naftalis & Frankel LLP, New York, NY for Oracle Corp. special litigation committee. Elena C. Norman and Richard J. Thomas, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald and Blair Connelly, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Henley, James and Hurd. Thomas A. Beck, Blake Rohrbacher, Susan M. Hannigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE for Oracle Corp.

    Case Number: D69057

    The court denied plaintiff's motion to compel because the documents sought were protected as work product and the op-posing party had not waived the privilege.

  • Fir Tree Value Master Fund, LP v. Jarden Corp.

    Publication Date: 2020-08-05
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge Seitz
    Attorneys: For plaintiff: Michael J. Barry, Kimberly A. Evans, Kelly L. Tucker, and Vivek Upadhya, Grant & Eisenhofer P.A., Wilmington, DE for appellants.
    for defendant: Srinivas M. Raju, Brock E. Czeschin, Robert L. Burns, Sarah A. Clark, and Matthew W. Murphy, Richards, Layton & Finger, P.A., Wilmington, DE; Michael J. McConnell, Ashley F. Heintz,, and Robert A. Watts, Jones Day, Atlanta, GA for appellee.

    Case Number: D69055

    Court could use unaffected stock price as fair value where court found other valuation methods unreliable, found issues with sale process, and found capture of synergies in merger.

  • Murfey v. WHC Ventures LLC

    Publication Date: 2020-07-29
    Practice Area: Corporate Entities
    Industry: Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Carl D. Neff and E. Chaney Hall, Fox Rothschild LLP, Wilmington, DE for plaintiff.
    for defendant: John J. Tumilty, Barnes-Brown & Pendleton, P.C., Waltham, MA; Raymond J. DiCamillo and John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.

    Case Number: D69067

    The chancery court erred by reading a "necessary and essential" requirement into a partnership books and records request.