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Publication Date: 2020-07-22
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for plaintiff.
for defendant: Kevin R. Shannon, Berton W. Ashman, Jr. and David A. Seal, Potter Anderson & Corroon LLP, Wilmington, DE; Arthur H. Aufses, Jonathan M. Wagner and Jason M. Moff, Kramer Levin Naftalis & Frankel LLP, New York, NY for Oracle Corp. special litigation committee. Elena C. Norman and Richard J. Thomas, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Peter A. Wald and Blair Connelly, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Henley, James and Hurd. Thomas A. Beck, Blake Rohrbacher, Susan M. Hannigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE for Oracle Corp.
Case Number: D69057
The court denied plaintiff's motion to compel because the documents sought were protected as work prod-uct and the opposing party had not waived the privilege.
Publication Date: 2020-07-22
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Harold M. Walter, Baltimore, MD for appellants.
for defendant: David L. Finger, Finger and Slanina, LLC, Wilmington, DE for appellee.
Case Number: D69054
Court did not err in dismissing case for lack of personal jurisdiction where it found parties' contracts were not binding agreements as objective evidence demonstrated that the parties had not unambiguously manifested their intent to be bound to the agreements.
Publication Date: 2020-07-15
Practice Area: Corporate Governance
Industry: Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Robert A. Atkins, Steven C. Herzog, Harris Fischman, and Jeremy A. Benjamin, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY for plaintiffs.
for defendant: Kevin G. Abrams, J. Peter Shindel, Jr., and Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Andrew J. Frackman, Edward N. Moss, and Moshe Mandel, O’Melveny & Myers LLP, New York, NY for defendant.
Case Number: D69046
Managing member not required to obtain other member's consent to sale of capital stock assets where operating agreement expressly provided that consent for such a sale would only be required before a certain date.
Publication Date: 2020-07-15
Practice Area: Corporate Governance
Industry: Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Richard I.G. Jones, Jr., Berger Harris LLP, Wilmington, DE; David Lackowitz, Zaid Shukri, Moses & Singer LLP, New York, NY for plaintiff.
for defendant: Catherine Damavandi, Nurick Law Group, LLC for Blanch, Red Bridge and Clovis Holdings defendants. Evan O. Williford, The Williford Firm LLC, Wilmington, DE for Skinner defendants.
Case Number: D69052
Defendants adequately alleged counterclaims for breach of contract and unjust enrichment, but the court granted plaintiff's motion to dismiss the remainder of the counterclaims.
Publication Date: 2020-07-08
Practice Area: Corporate Governance
Industry: Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher P. Quinn and Bradley P. Lehman, Friedlander & Gorris, P.A., Wilmington, DE; Randall J. Baron, David A. Knotts and Christopher H. Lyons, Robbins Geller Rudman & Dowd LLP, San Diego, CA and Nashville, TN; Brian J. Robbins, Stephen J. Oddo and Gregory Del Gaizo, Robbins LLP, San Diego, CA for plaintiff.
for defendant: Elena C. Norman and Richard J. Thomas, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Peter A. Wald and Blair Connelly, Latham & Watkins LLP, San Francisco, CA and New York, NY for defendants Ellison and Catz. Kenneth J. Nachbar, John P. DiTomo and Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Sara B. Brody, Jaime A. Bartlett and Matthew J. Dolan, Sidley Austin LLP, San Francisco, CA and Palo Alto, CA for defendants Henley, James and Hurd. A. Thompson Bayliss and E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; John W. Spiegel, George M. Garvey and John M. Gildersleeve, Munger, Tolles & Olson LLP, Los Angeles, CA for defendant Goldberg. Andrew S. Dupre and Sarah E. Delia, McCarter & English, LLP, Wilmington, DE; Robert P. Feldman and Christopher D. Kercher, Quinn Emanuel Urquhart & Sullivan, LLP, Redwood Shores, CA and New York, NY for defendant Nelson. Thomas A. Beck, Blake Rohrbacher, Susan M. Hannigan, Matthew D. Perri and Daniel E. Kaprow, Richards, Layton & Finger, P.A. , Wilmington, DE for nominal defendant Oracle Corp.
Case Number: D69043
Fiduciaries for an acquired entity did not engage in aiding and abetting, because they did not provide substantial assistance to the buyer's fiduciaries in breaching their duties.
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Publication Date: 2020-07-08
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys: For plaintiff: Sarah M. Ennis, Morris James LLP, Wilmington, DE; Andrew B. Holmes and Matthew D. Taylor, Holmes, Taylor, Cowan & Jones LLP, Los Angeles, CA for appellant
for defendant: Rodney Smolla, Wilmington, DE; Jeffrey C. Engerman, Law Offices of Jeffrey C. Engerman, P.C., Los Alamitos, CA for appellee.
Case Number: D69038
General partner had no duty of disclosure in a request for capital contribution directed at an individual limited partner, requiring the limited partner to prove reliance and causation to recover on a fiduciary duty claim.
Publication Date: 2020-06-24
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Ned Weinberger, Derrick Farrell, Mark Richardson, Thomas Curry and Dominic Minerva, Labaton Sucharow LLP, Wilmington, DE and New York, NY; David M. Cooper, Silpa Maruri, Dominic Pody and James Meehan, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY; Peter B. Andrews, Craig J. Springer and David Sborz, Andrews & Springer LLC, Wilmington, DE; Chad Johnson and Noam Mandel, Robins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman and David F.E. Tejtel. Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiffs.
for defendant: Gregory P. Williams, John D. Hendershot and Susan M. Hannigan, Richards, Layton & Finger, P.A., Wilmington, DE; John L Latham, Cara M. Peterman and Gidon M. Caine, Charles W. Cox, Alston & Bird LLP, Atlanta, GA, Palo Alto, CA and Los Angeles, CA for defendants Dell, Durban, Patterson and Kullman. Martin S. Lessner, Elena C. Norman, James M. Yoch, Jr. and Lauren Dunkle Fortunato, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; James G. Kreissman, Stephen P. Blake and David Elbaum, Simpson Thacher & Bartlett LLP, New York, NY for defendant Silver Lake Group LLC. Kevin G. Abrams, Michael A. Barlow and April M. Kirby, Abrams & Bayliss LLP, Wilmington, DE; Michele D. Johnson, Kristin N. Murphy and Ryan A. Walsh, Latham & Watkins LLP, Costa Mesa, CA for defendants Green and Dorman.
Case Number: D69027
Plaintiffs alleged sufficient facts to trigger the entire fairness standard of review, so the court denied defen-dants' motion to dismiss.
Publication Date: 2020-06-10
Practice Area: Corporate Governance
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor McCormick
Attorneys: For plaintiff: Kevin M. Coen and Sara Toscano, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Paul Spagnoletti, Antonio J. Perez-Marques and Matthew Cormack, Davis Polk & Wardwell LLP, New York, NY for plaintiff.
for defendant: Brock E. Czeschin and Angela Lam, Richards, Layton & Finger, P.A., Wilmington, DE; Robin C. Gibbs, Anthony N. Kaim, Angus Dodson and Gabriel D. Kaim. Gibbs & Bruns LLP, Houston, TX for defendant Dunwoody. Daniel C. Herr of the Law Office of Daniel C. Herr LLC, Wilmington, DE for defendant Oilfield Pipe of Texas, LLC.
Case Number: D69009
Plaintiff's claims for breach of fiduciary duty did not fall within the forum selection provision of the parties' employment contract, so the provision did not deprive the court of venue.
Publication Date: 2020-06-03
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Legal Services
Court: U.S. District Court of Delaware
Judge: District Judge Hall
Attorneys: For plaintiff:
for defendant:
Case Number: D69005
The court granted the parties' motion to consolidate these two shareholder derivative actions.
Publication Date: 2020-05-27
Practice Area: Corporate Governance
Industry: Pharmaceuticals
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys: For plaintiff: Gregory F. Fischer, Cozen O’Connor, Wilmington, DE; Michael B. de Leeuw, Matthew L. Elkin, and Martin Bloor, Cozen O’Connor, New York, NY for plaintiffs.
for defendant: Andrew L. Cole and Bradley P. Lehman, Cole Schotz, Wilmington, DE; Steven R. Klein and Rachel A. Mongiello, Cole Schotz, Hackensack, NJ for defendant.
Case Number: D68990
Tortious interference counterclaim brought by LLC member terminated as CEO dismissed on summary judgment where the LLC duty of loyalty did not extend to members acting with respect to one another in the employment context.
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