• Hawkins v. Daniel

    Publication Date: 2021-09-08
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Pharmaceuticals
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Richard I. G. Jones, Jr., John G. Harris, Berger Harris LLP, Wilmington, DE for plaintiff.
    for defendant: David J. Teklits, Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Procter LLP, New York, NY for defendant.

    Case Number: D69526

    Court declined to dismiss case in favor of previously-filed action involving the parties, where the present case involved distinct issues and the previously-filed action was heading to trial, such that dismissing the present case would not serve judicial economy by forcing the previously-filed action to return to the pleadings stage.

  • Florida Chem. Co., LLC v. Flotek Indus., Inc.

    Publication Date: 2021-09-01
    Practice Area: Contractual Disputes
    Industry: Chemicals and Materials | Manufacturing
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Kevin R. Shannon, Christopher N. Kelly and Daniel M. Rusk, IV, Potter Anderson & Corroon LLP, Wilmington, DE; William C. O’Neil, Joanna R. Travalini, Adam J. Smith, Winston & Strawn LLP, Chicago, IL for plaintiffs.
    for defendant: A. Thompson Bayliss, J. Peter Shindel, Adam K. Schulman, Abrams & Bayliss LLP, Wilmington, DE; Layne E. Kruse, Joy Soloway, Kelly Potter, Norton Rose Fulbright US LLP, Houston, TX for defendants.

    Case Number: D69522

    Seller's subsidiary was bound to a forum selection clause based on estoppel, even though it was not a signatory to the sale agreement.

  • Cont'l Investors Fund LLC v. TradingScreen Inc.

    Publication Date: 2021-08-18
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Kevin G. Abrams, John M. Seaman, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
    for defendant: Brian C. Ralston, Jaclyn C. Levy, Callan R. Jackson, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.

    Case Number: D69503

    Company did not breach its obligations under stock redemption agreement when it initially declined to redeem all of participating stockholders' shares, where company's directors engaged in reasonable, good faith analysis that led the directors to conclude that redeeming all participating shares could jeopardize company's status as going concern.

  • Wilmington Trust Co. v. Mills

    Publication Date: 2021-07-14
    Practice Area: Trusts and Estates
    Industry: Non-Profit
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Vincent C. Thomas, Kevin A. Guerke, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for petition-er.
    for defendant: P. Clarkson Collins, Jr., James J. Gallagher, Bryan Townsend, Morris James LLP, Wilmington, DE for re-spondent Mills. Matthew P. D’Emilio, Joseph L. Christensen, Kerry M. Porter, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE for James B. Wyeth, executor of the Estate of Phyllis Mills Wyeth. W. Donald Sparks, II, Chad M. Shandler, Christine D. Haynes, Richards, Layton & Finger, P.A., Wilmington, DE for The Wyeth Foundation.

    Case Number: D69469

    A trust agreement did not authorize the holder of a power of appointment to exercise it in favor of a chari-table organization, so the court invalidated the appointment.

  • In re: Appraisal of Regal Ent. Group

    Publication Date: 2021-06-02
    Practice Area: Mergers and Acquisitions
    Industry: Entertainment and Leisure
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Samuel T. Hirzel, II, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; David J. Margules, Elizabeth A. Sloan, Ballard Spahr LLP, Wilmington, DE; Thomas E. Redburn, Jr., Maya Ginsburg, Lowenstein Sandler LLP, New York, NY for petitioners.
    for defendant: Robert S. Saunders, Jenness E. Parker, Lauren N. Rosenello, Kaitlin E. Maloney, Justin C. Barrett, Andrew D. Kinsey, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for respondents.

    Case Number: D69419

    In this statutory appraisal proceeding, the court relied on the deal price minus synergies, and then added value connected with changes which occurred between the time of the merger agreement and the closing date.

  • Law Journal Press | Digital Book

    Delaware County Court Rules 2024

    Authors:

    View this Book

    View more book results for the query "*"

  • Goldenberg v. Immunomedics, Inc.

    Publication Date: 2021-05-05
    Practice Area: Contractual Disputes
    Industry: Biotechnology
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Richard P. Rollo, Susan M. Hannigan, John T. Miraglia, Richards, Layton & Finger, P.A., Wilmington, DE; Naveen Modi, Paul Hastings LLP, Washington, DC; Eric W. Dittmann, Joshua M. Bennett, Paul Hastings LLP, New York, NY for plaintiff.
    for defendant: David J. Teklits, Kevin M. Coen, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Michael E. Swartz, Schulte Roth & Zabel LLP, New York, NY for defendant.

    Case Number: D69387

    Where the court in a prior proceeding dismissed plaintiff's contempt motion and ordered him to file a new proceeding, dismissal of the second contempt matter was inequitable.

  • In re: Forum Mobile, Inc.

    Publication Date: 2021-04-07
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Jeremy D. Anderson, Fish & Richardson, P.C., Wilmington, DE for petitioner.
    for defendant: N/A

    Case Number: D69353

    Delaware had a public policy interest in preventing the use of Delaware entities to circumvent federal se-curities laws, so the court appointed an amicus curiae to provide an independent review before ruling on the pending petition.

  • Bragdon v. Bayshore Prop. Owners Ass'n, Inc.

    Publication Date: 2021-03-24
    Practice Area: Fee Disputes
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Dean A. Campbell, Law Office of Dean A. Campbell, P.A., Georgetown, DE for plaintiff.
    for defendant: Stephen A. Spence, Baird Mandalas Brockstedt, LLC, Lewes, DE for defendant.

    Case Number: D69334

    Condominium unit owner's legal fees shifted to condominium association pursuant to Delaware Uniform Common Interest Ownership Act where association acted unreasonably by failing to give owner notice of violation before levying fines and expenses and employing violation and appeal policies against the owner that it had not imposed against other similarly-situated owners.

  • In re Columbia Pipeline Group, Inc. Merger Litig.

    Publication Date: 2021-03-17
    Practice Area: Mergers and Acquisitions
    Industry: Energy
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: Ned Weinberger, Derrick Farrell, Labaton Sucharow LLP, Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Jeroen van Kwawegen, Christopher J. Orrico and Alla Zayenchik, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Stephen E. Jenkins, Marie M. Degnan, Ashby & Geddes, P.A., Wilmington, DE for plaintiffs.
    for defendant: Martin S. Lessner, James M. Yoch, Jr., Paul J. Loughman, Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Brian J. Massengill, Matthew C. Sostrin, Linda X. Shi, Mayer Brown LLP, Chi-cago, IL for defendants.

    Case Number: D69329

    Neither collateral estoppel nor the doctrine of stare decisis precluded plaintiffs' claims.

  • 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.