• Sierra v. Trafigura Trading LLC

    Publication Date: 2024-09-24
    Practice Area: Damages
    Industry: Mining and Resources
    Court: U.S. District Court of Delaware
    Judge: District Judge Burke
    Attorneys: For plaintiff: Michael L. Vild, Cross & Simon, LLC, Wilmington, DE; David A. Baron, Melvin White, Laina C. Lopez, Jared R. Butcher, Berliner Corcoran & Rowe LLP, Washington, DC; Richard W. Fields, Martin F. Cunniff, Edward Han, Fields Han Cunniff PLLC, Washington, DC for plaintiffs.
    for defendant: Jack B. Blumenfeld, Michael J. Flynn, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Alex J. Brackett, Caroline Schmidt Burton, Andrew P. Thornton-Dibb, Juliet B. Clark, McGuire Woods LLP, Richmond, VA for defendants.

    Case Number: 22-366-JLH-CJB

    Plaintiffs failed to plausibly state a claim of liability against a party for trafficking in plaintiffs' property allegedly wrongfully confiscated by the Cuban government where plaintiffs only asserted threadbare allegations of defendant's participation in the trafficking efforts.

  • Kuramo Capital Mgmt., LLC v. Seruma

    Publication Date: 2024-09-24
    Practice Area: Contracts
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Chancellor McCormick
    Attorneys: For plaintiff: Bruce E. Jameson, J. Clayton Athey, John G. Day, Mary S. Thomas, Christine N. Chappelear, Prickett, Jones & Elliott, P.A., Wilmington, DE for plaintiffs.
    for defendant: Eric A. Veres, Abrams & Bayliss LLP, Wilmington, DE for defendants.

    Case Number: 2021-0323-KSJM

    Although equities could support granting LLC member an in-kind redemption, it failed to explain why court should ignore the plain language of the LLC agreement which stated that members had no interest in specific company property.

  • United Atl. Ventures, LLC v. Odyssey Transfer &Trust Co.

    Publication Date: 2024-09-24
    Practice Area: Securities Litigation
    Industry: Investments and Investment Advisory
    Court: U.S. District Court of Delaware
    Judge: District Judge Williams
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 24-838-GBW

    Court granted shareholder declaratory judgment ordering transfer agent to transfer shares upon notice of the expiration of lockup provisions, where shareholder would otherwise be exposed to potential financial harm if it waited to see whether transfer agent would treat other shareholders more preferably.

  • SARN SD3, LLC v. Czechoslovak Group A.S.

    Publication Date: 2024-09-24
    Practice Area: Contracts
    Industry: Consulting | Defense | Electronics
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Mackenzie M. Wrobel, Coleen W. Hill, Duane Morris, Wilmington, DE; Ryan E. Borneman, Robert M. Palumbos, Ryan F. Monahan, Duane Morris, Philadelphia, PA for appellant.
    for defendant: Philip Trainer, Jr., Tiffany Geyer Lydon, Ashby & Geddes, Wilmington, DE; Kenneth J. Pfaehler, Anna Isernia, Dentons US LLP, Washington, DC for appellee.

    Case Number: 291, 2023

    Trial court correctly denied relief to revise judgment where documents were not intentionally withheld by defendant and were in plaintiff's possession before the trial court's judgment and thus did not constitute newly discovered evidence.

  • Design With Friends, Inc. v. Target Corp.

    Publication Date: 2024-09-24
    Practice Area: Copyrights
    Industry: E-Commerce | Retail | Software
    Court: U.S. District Court of Delaware
    Judge: District Judge Bibas
    Attorneys: For plaintiff: Douglas Daniel Herrmann, James Harry Stone Levine, Ben L. Wagner, Howard W. Wisnia, Ryan A. Lewis, Sean P. McConnell, Troutman Pepper Hamilton Sanders, LLP, Wilmington, DE for plaintiff.
    for defendant: AnnaMartina Tyreus Hufnal, Douglas Edward McCann, Kelly A. Del Dotto, Adam J. Kessel, Jessica Cohen-Nowak, Juanita R. Brooks, Katherine H. Reardon, Kayleigh E. McGlynn, Kenton W. Freeman, Kristen McCallion, Ryan McKay, Ryan V. Petty, Vivian Cheng, Fish & Richardson, P.C., Wilmington, DE for defendant.

    Case Number: 1:21-cv-01376-SB

    Court declined parties' cross-motions for summary judgment where distinctive look of functional website was entitled to copyright protection and the question of substantial similarity was sufficiently close to go to the jury.

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  • Bandera Master Fund LP v. Boardwalk Pipeline Partners, LP

    Publication Date: 2024-09-24
    Practice Area: Corporate Governance
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
    for defendant: Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, James M. Yoch, Jr., Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; William Savitt, Sarah K. Eddy, Adam M. Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY for defendants.

    Case Number: 2018-0372-JTL

    Former limited partners' alternative theories of recovery against general partner in breach of partnership agreement action failed where Delaware Supreme Court had found general partner's reliance on outside counsel's opinion was entitled to conclusive presumption of good faith.

  • In re: Essar Steel Minnesota LLC

    Publication Date: 2024-09-17
    Practice Area: Bankruptcy
    Industry: Manufacturing | Mining and Resources
    Court: U.S. Bankruptcy Court
    Judge: Judge Goldblatt
    Attorneys: For plaintiff:
    for defendant:

    Case Number: 16-11626 (CTG)

    Court found that defendant possessed monopoly power where it held over 70 percent of the relevant product/geographic market, which had high barriers to entry, and that defendant exercised that power through demanding long-term contracts and barring third parties from working with competitors.

  • New Start Holdings, LLC v. Zhou

    Publication Date: 2024-09-17
    Practice Area: Deals and Transactions
    Industry: Real Estate
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: John L. Williams, Brian C. Crawford, The Williams Law Firm, P.A., Wilmington, DE for plaintiffs.
    for defendant: Zi Jun Zhou and Marvin Daniels, pro se defendants.

    Case Number: 2019-0831-MTZ

    Court denied plaintiffs' claim for specific performance to enforce real estate sales contracts where court found that plaintiffs' claims were based on knowingly false allegations.

  • In the Matter of: Estate of Mergenthaler

    Publication Date: 2024-09-17
    Practice Area: Trusts and Estates
    Industry:
    Court: Court of Chancery
    Judge: Vice Chancellor Zurn
    Attorneys: For plaintiff: Jason C. Powell, The Powell Firm, LLC, Wilmington, DE; John S. Malik, John S. Malik Law Office, Wilmington, DE for plaintiffs.
    for defendant: John A. Sergovic, Jr., Sergovic Carmean Weidman McCartney & Owens, P.A., Georgetown, DE; Thomas A. Uebler, McCollom D’Emilio Smith Uebler LLC Wilmington, DE for defendant.

    Case Number: 2020-0804-MTZ

    Court could exercise personal jurisdiction over out-of-state defendant where petition sufficiently alleged that defendant engaged in tortious actions within Delaware.

  • In re Sculptor Capital Mgmt. Inc. Stockholder Litig.

    Publication Date: 2024-09-17
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Ned Weinberger, Michael C. Wagner, Labaton Keller Sucharow LLP, Wilmington, DE; Thomas Curry, Saxena White P.A., Wilmington, DE; Joseph L. Christensen, Meghan D. Dougherty, Christensen & Dougherty LLP, Wilmington, DE; A. Thompson Bayliss, Christopher F. Cannataro, Florentina D. Field, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
    for defendant: Edward B. Micheletti, Arthur R. Bookout, Matthew P. Majarian, Peyton V. Carper, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Brock E. Czeschin, Matthew D. Perri, Kevin M. Kidwell, Mari Boyle, Richards, Layton & Finger, P.A., Wilmington, DE; David E. Ross, Roger S. Stronach, Ross Aronstam & Moritz LLP, Wilmington, DE for defendants.

    Case Number: 2023-0921-SG

    Court calculated legal fee award based on the portion of the transaction price increase that was generated by plaintiff's litigation and the stage of the litigation when the increase was obtained.