• Cain v. Sussex County Council

    Publication Date: 2020-05-20
    Practice Area: Land Use and Planning
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Robert V. Witsil, Jr., Robert V. Witsil, Jr., P.A., Georgetown, DE for plaintiffs.
    for defendant: David N. Rutt, Moore & Rutt, P.A., Georgetown, DE for defendant Sussex County Council.Richard A. Forsten and Pamela J. Scott, Saul Ewing Arnstein & Lehr LLP, Wilmington, DE for defendants Crivella and OA Oaks, LLC.

    Case Number: D68982

    Rezoning of AR-1 parcel into high density parcel to permit apartment residential development was not arbitrary or capricious where supported by local government's reasoned consideration of substantial evidence.

  • Gilbert v. Perlman

    Publication Date: 2020-05-13
    Practice Area: Mergers and Acquisitions
    Industry: E-Commerce | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Seth D. Rigrodsky, Brian D. Long and Gina M. Serra, Rigrodsky & Long, P.A., Wilmington, DE; Richard A. Maniskas, RM Law, P.C., Berwyn, PA for plaintiffs.
    for defendant: Rudolf Koch, Richards, Layton & Finger, P.A., Wilmington, DE; Deborah S. Birnbach and Morgan R. Mordecai of Goodwin Procter LLP for defendants.

    Case Number: D68977

    Minority stockholders did not form a control group with the majority stockholder, so they did not owe any fiduciary duties to plaintiffs. Motion to dismiss granted.

  • Extell DV LLC v. Hemeyer

    Publication Date: 2020-05-06
    Practice Area: Corporate Governance
    Industry: Hospitality and Lodging
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Thomas W. Briggs, Jr. and Jarett W. Horowitz, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; John R. Lund and Adam E. Weinacker, Parsons Behle & Latimer, Salt Lake City, UT for plaintiff.
    for defendant: Catherine G. Dearlove Andrew J. Peach, Richards, Layton & Finger, P.A., Wilmington, DE; Scott A. Hagen, Gregory S. Roberts, and Beth J. Ranschau, Ray Quinney & Nebeker P.C., Salt Lake City, UT for defendants.

    Case Number: D68967

    Mere participation by LLC minority members in the negotiation of the LLC agreements, without knowledge, intent, or participation to form the LLC specifically in Delaware was insufficient to find the transacting of business in Delaware so as to exercise long-arm personal jurisdiction over the out-of-state minority members.

  • Preston Hollow Capital LLC v. Nuveen LLC

    Publication Date: 2020-04-22
    Practice Area: Business Torts
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: R. Judson Scaggs, Jr., Barnaby Grzaslewicz and Elizabeth A. Mullin, Morris Nichols Arsht & Tunnel, Wilmington, DE; David H. Wollmuth, R. Scott Thompson, Michael C. Ledley, Sean P. McGonigle, William A. Maher, Nicole C. Rende and Jay S. Han-dlin, Wollmuth Maher & Deutsch LLP, New York, NY for plaintiff.
    for defendant: Peter J. Walsh, Jr., Jennifer C. Wasson, David A. Seal and Robert J. Kumor, Potter Anderson & Corroon LLP, Wilmington, DE; Eva W. Cole, John E. Schreiber, Molly M. Donovan, Joseph A. Litman and Mikaela E. Evans-Aziz, Winston & Strawn LLP, New York, NY for defendants.

    Case Number: D68954

    Defendants intentionally interfered with plaintiff's business relationships, but plaintiff did not seek damages and was not enti-tled to equitable relief.

  • Maverick Therapeutics, Inc. v. Harpoon Therapeutics, Inc.

    Publication Date: 2020-04-22
    Practice Area: Contracts
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: : Jody C. Barillare, Morgan, Lewis & Bockius LLP, Wilmington, DE; Rollin B. Chippey II and Benjamin P. Smith, Morgan, Lewis & Bockius LLP, San Francisco, CA for plaintiff.
    for defendant: John P. DiTomo, Elizabeth A. Mullin, and Aubrey J. Morin, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; John Ruskusky and Lisa C. Sullivan, Nixon Peabody, LLP, Chicago, IL for plaintiff-Intervenor. Gregory P. Williams, Steven J. Fineman, Nicole K. Pedi, and Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE; Martin S. Schenker and Benjamin H. Kleine, of Cooley, LLP, San Francisco, CA; Michelle S. Rhyu, Cooley, LLP, Palo Alto, CA for defendant.

    Case Number: D68952

    Defendant fraudulently induced plaintiff's investment into spin-out company by representing broad definition of transferred technology while knowingly limiting transfer to the spin-off and continuing to work on technology outside the narrow definition.

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  • Zachman v. Real Time Cloud Serv., LLC

    Publication Date: 2020-04-15
    Practice Area: Corporate Entities
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff:
    for defendant: Edward McNally and Kathleen Murphy, Morris James LLP, Wilmington, DE for defendants and intervenor.

    Case Number: D68949

    Defendants breached their fiduciary duty in calculating the value of plaintiff's interest in a limited liability company at zero, so the court awarded damages to plaintiff.

  • The Chemours Co. v. DowDuPont Inc.

    Publication Date: 2020-04-15
    Practice Area: Corporate Entities
    Industry: Chemicals and Materials | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Joel Friedlander, Jeffrey Gorris, Christopher Foulds, and Christopher P. Quinn, Friedlander & Gorris P.A., Wilmington, DE; William Savitt, Wachtell, Lipton, Rosen & Katz, New York, NY for plaintiff.
    for defendant: Robert S. Saunders, Jennifer C. Voss, Arthur R. Bookout, and Jessica R. Kunz, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for defendants.

    Case Number: D68944

    Complaint dismissed where parties had agreed to arbitration clause that included broad delegation provision, which was not void or unconscionable simply because parent corporation had dictated terms to subsidiary.

  • RCS Creditor Trust v. Schorsch

    Publication Date: 2020-04-08
    Practice Area: Discovery
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Philip Trainer, Jr. and Marie M. Degnan, Ashby & Geddes, Wilmington, DE; John P. Coffey, Gregory A. Horowitz and Anna K. Ostrom, Kramer Levin Naftalis & Frankel, New York, NY for plaintiff.
    for defendant: Elizabeth A. Sloan and Brittany M. Giusini of Ballard Spahr LLP, Wilmington, DE; Michael C. Miller, Evan Glassman, Michael G. Scavelli, Steptoe & Johnson LLP, New York, NY; Mark Murphy, Steptoe & Johnson LLP, Washington, DC for defendant Block. Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Allan J. Arffa, Gregory F. Laufer and Jeremy A. Benjamin, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY for remaining defendants.

    Case Number: D68939

    Communications between plaintiff's counsel and a third party were subject to the attorney-client privilege based on the com-mon interest doctrine. Motion to compel denied.

  • Great Hill Equity Partners IV, LP v. SIG Growth Equity Management, LLC

    Publication Date: 2020-03-11
    Practice Area: Deals and Transactions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rudolf Koch, Robert L. Burns and Megan E. O’Connorm, Richards, Layton & Finger, P.A., Wilmington, DE; Adam Slutsky, Goodwin Procter LLP, Boston, MA for plaintiffs.
    for defendant: William B. Chandler III, Ian R. Liston and Jessica A. Hartwell, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Mark A. Kirsch, Scott A. Edelman, Aric H. Wu, Laura K. O’Boyle and Peter Wade, Gibson, Dunn & Crutcher LLP, New York, NY for SIG defendants. Lewis H. Lazarus, Marris James LLP, Wilmington, DE; Peter N. Flocos and Joanna A. Diakos, K&L Gates LLP, New York, NY for defendants Herzog and Kleinberg. David S. Eagle, Sean M. Brennecke, Michael K. Coran, William T. Hill, Monica Clarke Platt and Gregory R. Sellers, Klehr Harrison Harvey Branzburg LLP, Wilmington, DE and Philadelphia, PA for defendants Tal and Itshayek.

    Case Number: D68905

    Although plaintiff prevailed on certain claims with respect to the question of liability, the court awarded no damages. Plain-tiff's evidence for damages was speculative and impossible to allocate.

  • Salladay v. Lev

    Publication Date: 2020-03-11
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Software
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer and David M. Sborz, Andrews and Springer LLC, Wilmington, DE; Jeremy S. Friedman and David F.E. Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiff.
    for defendant: D. McKinley Measley ad Elliott Covert, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Charles C. Platt and Andrew Sokol, Wilmer Cutler Pickering Hale and Dorr LLP, New York, NY for defendants.

    Case Number: D68908

    The court denied defendant directors' motion to dismiss, because plaintiff adequately alleged that the board was conflicted and the merger transaction was not cleansed by either a fully-informed shareholder vote or by the actions of a special committee.