• Soligenix, Inc. v. Emergent Prod. Dev. Gaithersburg, Inc.

    Publication Date: 2023-03-07
    Practice Area: Contracts
    Industry: Biotechnology | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Richard L. Renck, Mackenzie M. Wrobel, Coleen W. Hill, Duane Morris LLP, Wilmington, DE; Frederick R. Ball, Duane Morris LLP, Boston, MA; Patrick C. Gallagher, Duane Morris LLP, Boca Raton, FL for petitioner.
    for defendant: Jon E. Abramczyk, Ryan D. Stottman, Grant Michl, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jake Goodelman, John Dougherty, Thomas Wintner, Katherine Galle, Mintz, Levin, Cohn, Ferris, Glovsky, and Pompeo, P.C., Boston, MA for respondents.

    Case Number: 2022-0880-PAF

    Motion for continued confidential treatment of petition to vacate arbitration award denied where there was nothing inherently confidential about arbitration and court was not bound by the parties' stipulated protective order during their arbitration.

  • Ramcell, Inc. v. Alltel Corp.

    Publication Date: 2022-11-22
    Practice Area: Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Carmella P. Keener, Cooch and Taylor, P.A., Wilmington, DE; Michael A. Pullara, Houston, TX; Ryan van Steenis, Ajamie LLP, Houston, TX for petitioner.
    for defendant: Richard L. Renck, Mackenzie M. Wrobel, Tracey E. Timlin, Duane Morris LLP, Wilmington, DE for respondent.

    Case Number: 2019-0601-PAF

    Court used blended approach of parties' experts calculations of company's fair market value to conduct statutory appraisal, where neither expert persuasively demonstrated that their model's data was inherently reliable although each model did have some reliable features.

  • Bocock v. Innovate Corp.

    Publication Date: 2022-11-15
    Practice Area: Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: John G. Harris, David B. Anthony, Berger Harris LLP, Wilmington, DE for plaintiffs.
    for defendant: Kevin G. Abrams, J. Peter Shindel, Jr., April M. Ferraro, Abrams & Bayliss LLP, Wilmington, DE; Martin S. Lessner, Daniel M. Kirshenbaum, M. Paige Valeski, Wilmington, DE, Young Conaway Stargatt & Taylor, LLP; Beth I. Z. Boland, Foley & Lardner LLP, Boston, MA; Chelsea L. Hilliard, Foley & Lardner LLP, Dallas, TX; Stephen C. Norman, Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Eric Landau, Travis Biffar, Ellenoff Grossman & Schole LLP, Irvine, CA; Stephen C. Norman, Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Eric Landau, Travis Biffar, Ellenoff Grossman & Schole LLP, Irvine, CA; Kurt M. Heyman, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE, attorneys for defendants.

    Case Number: 2021-0224-PAF

    Fiduciary claims largely dismissed where plaintiffs engaged in group pleading, although the court declined to dismiss claims that specifically pled how controllers usurped a corporate opportunity from the nominal corporate defendant.

  • Freeman v. Qualizza

    Publication Date: 2022-08-30
    Practice Area: Corporate Governance
    Industry: Financial Services and Banking
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: James D. Taylor, Jr., Aubrey J. Morin, Saul Ewing Arnstein & Lehr LLP, Wilmington, DE; Gregory J. Scandaglia, William J. Ryan, Joseph R. Swee, Scandaglia Ryan LLP, Chicago, IL for plaintiff.
    for defendant: Douglas D. Herrmann, Emily L. Wheatley, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE; Mark H. Horwitch, Daniel L. Stanner, Tabet Divito & Rothstein LLC, Chicago, IL for defendant.

    Case Number: D69934

    LLC manager could execute written consent directing the removal and replacement of manager of another LLC, where the first LLC's sole asset was ownership of the other LLC and thus the first LLC manager validly acted unilaterally in the management of daily operations.

  • City Pension Fund for Firefighters & Police Officers in the City of Miami v. The Trade Desk, Inc.

    Publication Date: 2022-08-16
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Gregory V. Varallo, Andrew E. Blumberg, Daniel E. Meyer, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Mark Lebovitch, Reuben Gottlieb, Jeroen van Kwawegen, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Jeremy Friedman, David Tejtel, Julie Palley, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiff.
    for defendant: William M. Lafferty, Ryan D. Stottmann, Sabrina Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Peter J. Walsh, Jr., Jacqueline A. Rogers, Abraham C. Schneider, Potter Anderson & Corroon LLP, Wilmington, DE; Matthew Rawlinson, Latham & Watkins LLP, Menlo Park, CA; Colleen Smith, Latham & Watkins LLP, San Diego, CA; Kristin Murphy, Latham & Watkins LLP, Costa Mesa, CA; Brad D. Sorrels, Shannon E. German, Benjamin M. Potts, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; David J. Berger, Steven M. Guggenheim, Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA; S. Toni Wormald, Wilson Sonsini Goodrich & Rosati, P.C., San Francisco, CA for defendants.

    Case Number: D69918

    Interested transaction benefitting controlling stockholder was subject to business judgment review under MFW framework where special committee had a majority of disinterested directors and proxy adequately disclosed the controller's motivation for proposing the transaction.

  • Law Journal Press | Digital Book

    Chester County Court Rules 2024

    Authors:

    View this Book

    View more book results for the query "*"

  • In re Morrow Park Holding LLC

    Publication Date: 2022-08-16
    Practice Area: Corporate Entities
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE for plaintiffs.
    for defendant: Richard P. Rollo, Travis S. Hunter, Angela Lam, Nicole M. Henry, John T. Miraglia, Richards, Layton & Finger, P.A., Wilmington, DE; Alan S. Loewinsohn, Kerry Schonwald, Loewinsohn Deary Simon Ray LLP, Dallas, TX for defendants.

    Case Number: D69920

    Although both parties had breached their business divorce agreements, plaintiffs had failed to demonstrate their entitlement to damages where plaintiffs' own conduct meant that defendants' breach was not the cause of plaintiffs' alleged loss.

  • Wildfire Prods., LP v. Team Lemieux LLC

    Publication Date: 2022-07-12
    Practice Area: Corporate Governance
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Jon E. Abramczyk, Sabrina M. Hendershot, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Daniel H. Shapira, Robert M. Barnes, Daniel J. Stuart, Marcus & Shapira LLP, Pittsburgh, PA for plaintiff.
    for defendant: Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Patricia L. Glaser, Craig H. Marcus, Nathaniel Wright, Glaser Weil Howard Avchen & Shapiro LLP, Los Angeles, CA for defendants.

    Case Number: D69882

    Professional sports league constitution required arbitration of ownership interest disputes before the league commissioner, and was not superseded by the team owners' partnership agreement since the league was not a party to that partnership agreement.

  • Parseghian v. Frequency Therapeutics, Inc.

    Publication Date: 2022-07-05
    Practice Area: Corporate Governance
    Industry: Biotechnology | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Samuel T. Hirzel, II, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Adam C. Ford, Matthew A. Ford, Ford O’Brien, LLP, New York, NY for plaintiffs.
    for defendant: Elena C. Norman, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Deborah S. Birnbach, Jennifer Burns Luz, Matthew T. White, Goodwin Proctor LLP, Boston, MA; Kevin R. Shannon, Jaclyn C. Levy, Callan R. Jackson, Potter Anderson & Corroon LLP, Wilmington, DE; Seth Goldman, Jacob H. Hupart, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY for defendants.

    Case Number: D69871

    Breach of fiduciary duty claim against company CEO dismissed where there were no factual allegations regarding the actual steps the CEO purportedly took to block plaintiff stockholders' efforts to sell their shares or that the CEO was even aware plaintiffs were seeking to transfer their stock.

  • In re Vaxart, Inc. Stockholder Litig.

    Publication Date: 2022-06-21
    Practice Area: Corporate Governance
    Industry: Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Stephen E. Jenkins, F. Troupe Mickler, IV, Ashby & Geddes, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Jeroen van Kwawegen, Daniel E. Meyer, Margaret Sanborn-Lowing, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Gustavo F. Bruckner, Samuel J. Adams, Daryoush Behbood, Pomerantz LLP, New York, NY; Sascha N. Rand, Rollo C. Baker, IV, Silpa Maruri, Jesse Bernstein, Charles H. Sangree, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Stanley D. Bernstein, Matthew Guarnero, Bernstein Liebhard LLP, New York, NY; William J. Fields, Christopher J. Kupka, Samir Shukurov, Fields Kupka & Shukurov LLP, New York, NY for plaintiffs.
    for defendant: Brock E. Czeschin, Andrew L. Milam, Richards Layton & Finger, P.A., Wilmington, DE; Riccardo DeBari, Renee Zaytsev, Thompson Hine, New York, NY; Matthew F. Davis, Abraham C. Schneider, Potter Anderson & Corroon LLP, Wilmington, DE; Douglas A. Rappaport, Kaitlin D. Shapiro, Elizabeth C. Rosen, Madeleine R. Freeman, Akin Gump Strauss Hauer & Feld LLP, New York, NY for defendants.

    Case Number: D69856

    Company's selection to a primate study of its proposed vaccine did not constitute material information to the stockholders' approval of amendments to the equity incentive plan that allowed directors to issue themselves options.

  • Centene Corp. v. Acellion, Inc.

    Publication Date: 2022-04-12
    Practice Area: Contractual Disputes
    Industry: Health Care | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Fioravanti
    Attorneys: For plaintiff: Paul J. Lockwood, Ryan M. Lindsay, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; William E. Ridgway, Skadden, Arps, Slate, Meagher & Flom LLP, Chicago, IL; Peter B. Morrison, Zachary M. Faigen, Skadden, Arps, Slate, Meagher & Flom LLP, Los Angeles, CA for plaintiffs.
    for defendant: Raymond J. DiCamillo, Richards, Layton & Finger, P.A., Wilmington, DE; Michael Rubin, Melanie Blunschi, Latham & Watkins LLP, San Francisco, CA; Serrin Turner, Latham & Watkins LLP, New York, NY for defendant.

    Case Number: D69775

    The court held plaintiffs' claims were subject to a forum selection clause for venue in three California counties.