• Henlopen Landing Homeowners Ass'n, Inc. v. Vester

    Publication Date: 2019-08-14
    Practice Area: Real Estate
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Michael R. Smith, The Smith Firm, LLC, Seaford, DE for petitioner.
    for defendant: Richard H. Morse and Meghann O. Karasic, Community Legal Aid Society, Wilmington, DE for respondent.

    Case Number: D68664

    Discrimination claim failed where there was no evidence that the single act of alleged discrimination was motivated by claimants' race, familial status, or the disability of claimants' child.

  • GKC Strategic Value Master Fund, LP v. Baker Hughes Inc.

    Publication Date: 2019-07-17
    Practice Area: Civil Procedure
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Thomas Curry, Eric J. Belfi, Ira A. Schochet and David J. Schwartz, Labaton Sucharow LLP, Wilmington, DE and New York, NY for petitioners.
    for defendant: Kevin M. Coen and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Arthur F. Golden, Andrew Ditchfield and Andrew S. Gehring, Davis Polk & Wardwell LLP, New York, NY for respondent. John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; Paula Anderson and Alan Goudiss, Shearman & Sterling LLP, New York, NY for third-party General Elec. Co. Mark Lebovitch, Bernstein Litowitz Berger & Grossman LLP, New York, NY for non-party Tri-State Joint Fund.

    Case Number: D68633

    Where respondents failed to timely file confidential documents redacted in good faith, the court held that unredacted versions of the documents should be made available in the public record of the case.

  • Council of Ass'n of Unit Owners of Pelican Cove Condo. v. Yeilding

    Publication Date: 2019-06-26
    Practice Area: Real Estate
    Industry: Hospitality and Lodging
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Richard E. Berl, Jr., Hudson, Jones, Jaywork & Fisher, LLC, Lewes, DE for petitioner
    for defendant: Dean A. Campbell, Law Office of Dean A. Campbell, P.A., Georgetown, DE for respondents.

    Case Number: D68606

    Maximum occupancy restriction in declaration of condominium was enforceable against unit owner where such restriction was facially neutral, did not conflict with local ordinance, and where owner had constructive notice of the restriction.

  • Ritchie CT Opps, LLC v. Huizenga Mangers Fund, LLC

    Publication Date: 2019-06-19
    Practice Area: Contractual Disputes
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: John A. Sensing and Ryan C. Cicoski, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiff.
    for defendant: Steven L. Caponi, K&L Gates LLC, Wilmington, DE; Gary W. Garner and Jonathan Miller, Williams Montgomery & John Ltd., Chicago, IL for defendant.

    Case Number: D68603

    Plaintiffs lacked standing to pursue relief on behalf of third parties, and the absolute litigation privilege prevented a court in equity from specifically enforcing a contractual non-disparagement.

  • Stein v. Blankfein

    Publication Date: 2019-06-12
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Bruce E. Farnan, Michael J. Farnan and Rosemary J. Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon and Mi-chael A. Toomey, Barrack, Rodos & Bacine, New York, NY for plaintiff.
    for defendant: Kevin G. Abrams, J. Peter Shindel, Jr. and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Guiffra, Jr. and David M.J. Rein, Sullivan & Cromwell LLP, New York, NY for director defendants. Gregory V. Varallo, Kevin M. Gallagher and Robert L. Burns, Richards, Layton & Finger, P.A., Wilmington, DE for The Goldman Sachs Group, Inc.

    Case Number: D68597

    The entire fairness standard of review applied to the question of director self-compensation.

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  • Smith v. Promontory Fin. Group, LLC

    Publication Date: 2019-05-15
    Practice Area: Corporate Entities
    Industry: Consulting
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: David A. Jenkins and Laurence V. Cronin, Smith Katzenstein & Jenkins LLP, Wilmington, DE for plaintiffs.
    for defendant: Bruce E. Jameson and Eric J. Juray, Prickett, Jones & Elliott, P.A., Wilmington, DE; Robert M. Cary, Alexander S. Zolan and Robert M. Belden, Williams & Connolly LLP, Washington, DC for defendants.

    Case Number: D68564

    The withdrawing member of a limited liability company was entitled to half the value of the company as of the date of with-drawal, less the amount he owed on his capital account.

  • McElrath v. Kalanick

    Publication Date: 2019-04-17
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Transportation
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Michael J. Barry, Jeff A. Almeida and Rebecca A. Musarra, Grant & Eisenhofer, P.A., Wilmington, DE for plaintiff.
    for defendant: R. Judson Scaggs, Jr., Susan W. Waesco and Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Susan S. Muck, Kevin P. Muck and Marie C. Bafus, Fenwick & West LLP, San Francisco, CA for defendants Camp, Graves, Huffinton, Al-Rumayyan, Gurley and Bonderman. Donald J. Wolfe, Jr., T. Brad Davey, J. Matthew Belger and Jacob R. Kirk-ham, Potter Anderson & Corroon LLP, Wilmington, DE for defendant Kalanick. Jody C. Barillare, Susan D. Resley and Marc J. Sonnenfield, Morgan, Lewis & Bockius LLP, Wilmington, DE for defendant Yoo. A. Thompson Bayliss and Michael A. Barlow, Abrams & Bayliss LLP, Wilmington, DE; Mark P. Gimbel, C. William Phillips and Bryant Pulsipher, Covington & Burling LLP, New York, NY and San Francisco, CA for defendant Uber Technologies.

    Case Number: D68533

    Plaintiff in this derivative action failed to demonstrate that demand on the board of directors would have been futile due to the directors' inability to exercise business judgment with regard to the matter.

  • CelestialRX Invs., LLC v. Krivulka

    Publication Date: 2019-04-10
    Practice Area: Corporate Entities | Dispute Resolution
    Industry: Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Michael W. McDermott and David B. Anthony, Berger Harris LLP, Wilmington, DE; Benjamin C. Curcio, Paul F. Campano, Jessica A. Tracy, Michael D. Zahler, and Jason S. Haller Curcio Mirzaian Sirot LLC, Roseland, NJ for plaintiffs.
    for defendant: Garrett B. Moritz and Bejamin Z. Grossberg, Ross Aronstam & Moritz LLP, Wilmington, DE; Andrew E. Anselmi and Zachary D. Wellbrock, McCusker, Anselmi, Rosen & Carvelli, P.C., Florham Park, NJ; Samuel T. Hirzel, II and Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Andrew D. Cordo and F. Troupe Mickler IV, Ashby & Geddes, Wilmington, DE; Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Brian A. Herman, Morgan, Lewis & Bockius LLP, New York, NY; Ryan P. Newell and Lauren P. DeLuca, Connolly Gallagher, LLP, Wilmington, DE; Phillip A. Rovner and Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.

    Case Number: D68518

    Claims for breach of restrictive covenants were stayed pending arbitration on the issue of arbitrability given the broad scope of the covenants' arbitration clauses, but dismissed where the court lacked jurisdiction over defendants who did not qualify as a "manager" of the domestic LLC.

  • In re 11 W. Partners, LLC

    Publication Date: 2019-04-03
    Practice Area: Corporate Entities
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: C. Barr Flinn, Emily V. Burton, and Daniel Kirshenbaum, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael J. Bowe, Alexander B. Simkin, and John A. Dunn, Kasowitz Benson Torres LLP, New York, NY for plaintiff.
    for defendant: Ryan P. Newell, Kyle Evans Gay, and Shaun Michael Kelly, Connolly Gallagher LLP, Wilmington, DE; Stan Chelney and Philipp Smaylovsky, Chelney Law Group PLLC, New York, NY for defendants.

    Case Number: D68512

    Reformation of LLCs agreements denied where there was no clear and convincing evidence the language of the agreements failed to reflect the members' true intent or that the non-moving party knew the agreements failed to reflect the parties' intent and failed to inform his fellow members.

  • Vintage Rodeo Parent, LLC v. Rent-A-Center, Inc.

    Publication Date: 2019-03-27
    Practice Area: Mergers and Acquisitions
    Industry: Consumer Products | Retail
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: William B. Chandler III, Bradley D. Sorrels, Shannon E. German, Andrew D. Berni, David J. Berger and Katherine Henderson, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE and Palo Alto, CA; Wil-liam M. Lafferty, Thomas W. Briggs, Jr. and Richard Li, Morris, Nichols, Arsht & Tunnell LLP, Wilming-ton, DE; Tariq Mundiya, Jeffrey Korn, Sameer Advani and Shaimaa Hussein, Willkie Farr & Gallagher LLP, New York, NY for plaintiffs.
    for defendant: David R. Ross and S. Michael Sirkin, Ross Aronstam & Moritz LLP, Wilmington, DE; Bruce Van Dalsem, William C. Price, Scott B. Kidman, Andrew J. Rossman, Jane M. Byrne, Corey Worcester, Ellyde R. Thompson, Guyon H. Knight, Elisabeth B. Miller and Hope D. Skibitsky, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA and New York, NY for intervenor-plaintiff B. Riley Financial. Michael A. Pittenger, T. Brad Davey, Matthew F. Davis, Jacqueline A. Rogers and Caneel Radinson-Blasucci , Potter Anderson & Corroon LLP, Wilmington, DE; John W. Spiegel, George M. Garvey, Robert L. Dell Angelo and John M. Gildersleeve, Munger Tolles & Olson LLP, Los Angeles, CA for defendant.

    Case Number: D68509

    Plaintiffs failed to demonstrate that a merger agreement's end date was extended or that defendant was barred from exercising its right to terminate the agreement.