Don’t forget you can visit MyAlerts to manage your alerts at any time.
Publication Date: 2024-09-10
Practice Area: Corporate Governance
Industry: Chemicals and Materials | Investments and Investment Advisory | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Thomas E. Hanson, Jr., William J. Burton, Barnes & Thornburg LLP, Wilmington, DE for plaintiff.
for defendant: Blake Rohrbacher, Matthew W. Murphy, Sandy Xu, Richards, Layton & Finger, P.A., Wilmington, DE for defendant.
Case Number: 2018-0729-SG
Court declined summary judgment dismissal of fraud claims where allegations of withholding of material information could support equitable tolling and plaintiffs plausibly alleged defendants' motive to fraudulently induce plaintiffs' investment.
Publication Date: 2024-09-10
Practice Area: Creditors' and Debtors' Rights
Industry: Legal Services | Retail
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Adam Hiller, Hiller Law, LLC, Wilmington, DE for assignee.
for defendant: Daniel K. Astin, Ryan M. Ernst, Ciardi Ciardi & Astin, Wilmington, DE; Albert A. Ciardi III, Walter W. Gouldsbury III, Ciardi Ciardi & Astin, Philadelphia, PA; Frederick B. Rosner, The Rosner Law Group LLC, Wilmington, DE; Marc J. Kurzman, Carmody Torrance Sandak & Hennessey LLP, Stamford, CT for creditors.
Case Number: 2019-0650-PAF
Court denied assignee's motion for final distribution and removed assignee upon finding that it had failed to comply with the requirements of the ABC statute and had engaged in apparent self-dealing, including structuring compensation from expenses and then hiring its affiliates to provide seemingly unnecessary services to the trust, such that the assignee failed to act in creditors' best interests.
Publication Date: 2024-09-03
Practice Area: Mergers and Acquisitions
Industry: E-Commerce | Technology Media and Telecom
Court: Court of Chancery
Judge: Chancellor Medinilla
Attorneys: For plaintiff: Peter B. Ladig, Bayard, P.A., Wilmington, DE for plaintiff.
for defendant: Paul D. Brown, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Aaron Z. Tobin, Abigail R. Campbell, Condon Tobin Sladek Thornton Nerenberg PLLC, Dallas, TX for defendant.
Case Number: 2023-0984-VLM
Court denied defendant's motion to dismiss for lack of standing where there was no basis to overturn former company's stakeholders' decision to appoint a representative, where the representative was not a necessary party in his personal capacity due to the termination of his employment with defendant.
Publication Date: 2024-09-03
Practice Area: Corporate Entities
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Thad J. Bracegirdle, Bayard, P.A., Wilmington, DE for plaintiff.
for defendant: Neil R. Lapinski, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for defendants.
Case Number: 2022-0671-MTZ
Although a corporation that was void before filing suit meant it lacked authority to pursue litigation and thus rendered the final judgment in the suit likely void, the court lacked the authority to sua sponte set aside the judgment absent fraud upon the court.
Publication Date: 2024-09-03
Practice Area: Employment Litigation
Industry: Health Care | Investments and Investment Advisory | Manufacturing
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Ethan H. Townsend, Aaron P. Sayers, McDermott Will & Emery LLP, Wilmington, DE; Rachel B. Cowen, McDermott Will & Emery LLP, Chicago, IL; Morris J. Fodeman, Wilson Sonsini Goodrich & Rosati, New York, NY; Jeffery S. Hood, Procopio, Cory, Hargreaves & Savitch LLP, San Diego, CA for plaintiff.
for defendant: Philip A. Rovner, Potter Anderson & Corroon LLP, Wilmington, DE; Nimalka Wickramasekera, Winston & Strawn LLP, Los Angeles, CA, Brian J. Nisbet, Elizabeth S. Deshaies, Winston & Strawn LLP, Chicago, IL, John C. Sanders, Jr., Winston & Strawn LLP, Dallas, TX for defendants.
Case Number: 2017-0720-SG
Failure to disclose passive investment in competitor did not by itself constitute a breach of loyalty where there was no evidence executive acted against his employer's interests, used the investment to obtain an advantage, or had a conflict of interest.
Law Journal Press | Digital Book
Authors:
View this BookView more book results for the query "*"
Publication Date: 2024-09-03
Practice Area: Damages
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys: For plaintiff: P. Clarkson Collins, Albert J. Carroll, Kirsten A. Zeberkiewicz, Morris James LLP, Wilmington, DE; Charles J. Harder, Ryan J. Stonerock, Steven H. Frackman, Jordan A. Gonzales, Harder Stonerock LLP, Los Angeles, CA for plaintiffs.
for defendant: Stephen Shaw, Beverly Hills, CA, pro se defendant.
Case Number: 2018-0398-NAC
Court declined to award rescissory damages in default judgment where plaintiffs' operative complaint had only sought compensatory damages, since allowing a plaintiff to change their theory of recovery post-default was unfair to a defendant who may have rationally chosen to default.
Publication Date: 2024-09-03
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Manufacturing
Court: Court of Chancery
Judge: Chancellor Wallace
Attorneys: For plaintiff: C. Barr Flinn, Paul J. Loughman, Michael A. Carbonara, Jr., Young Conaway Stargatt & Taylor LLP, Wilmington, DE, Eric Leon, Latham & Watkins LLP, New York, NY, Nathan A. Sandals, Latham & Watkins LLP, Boston, MA for plaintiff.
for defendant: Patricia L. Enerio, Emily A. Letcher, Heyman Enerio Gattuso & Hirzell LLP, Wilmington, DE, Laurence A. Schoen, Breton Leone-Quick, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., Boston, MA for defendant.
Case Number: 2024-0170 PRW
Plaintiff reasonably interpreted parties' merger agreement as merely requiring FDA approval of the medical device system to secure milestone payment without reference to specific size variations of the product.
Publication Date: 2024-09-03
Practice Area: Damages
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys: For plaintiff: Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrews & Springer LLC, Wilmington, DE; Edward F. Haber, Michelle H. Blauner, Ian J. McLoughlin, Patrick J. Vallely, Shapiro Haber & Urmy LLP, Boston, MA, attorneys for plaintiff;
for defendant: Srinivas M. Raju, Elizabeth J. Freud, Daniel A. Dreisbach, Susan Hannigan Cohen, Kevin M. Gallagher, Richards, Layton & Finger, P.A., Wilmington, DE; Reid L. Ashinoff, Kenneth J. Pfaehler, T. Carter White, Dentons US LLP, New York,NY; John C. Hueston, Marshall A. Camp, Padraic Foran, Zachary Murray, Hueston Hennigan LLP, Los Angeles, CA, attorneys for defendant.
Case Number: 2018-0691-NAC
Court ordered plaintiffs to produce unredacted versions of their fee agreements with proposed class counsel where plaintiffs admitted they had funding litigation agreements and the fee agreements were necessary for the court to evaluate whether counsel could adequately represent the class or had separate duties to the litigation funders, whose interests could diverge from the class.
Publication Date: 2024-09-03
Practice Area: Contracts
Industry: Financial Services and Banking | Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys: For plaintiff: William M. Lafferty, D. McKinley Measley, Thomas P. Will, Alexandra M. Cumings, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Antonio Yanez, Jr., Brady Sullivan, Willkie Farr & Gallagher LLP, New York, NY; Alexander L. Cheney, Willkie Farr & Gallagher LLP, San Francisco, CA for plaintiff.
for defendant: Philip A. Rovner, Potter Anderson & Corroon LLP, Wilmington, DE; Krista M. Enns, Edward C. Wipper, Benesch Friedlander Coplan & Aronoff LLP, New York, NY for defendant.
Case Number: 2019-0412-NAC
Court enforced contractual specific remedy provision where breaching party offered no persuasive argument for disregarding the clause and ordered the breaching party to perform at the value the warrant to purchase shares had at the time of its breach.
Publication Date: 2024-09-03
Practice Area: Insurance Law
Industry: Distribution and Wholesale | Insurance | Manufacturing | Pharmaceuticals | Retail
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Garrett B. Moritz, R. Garret Rice, Ross Aronstam & Moritz LLP, Wilmington, DE; Michael S. Shuster, Daniel M. Sullivan, Blair E. Kaminsky, Daniel M. Horowitz, Holwell Shuster & Goldberg LLP, New York, NY; Robert M. Mangino, Susan Koehler Sullivan, Clyde & Co LLP, Los Angeles, CA; Robert J. Katzenstein, Julie M. O’Dell, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Christopher J. St. Jeanos, Willkie Farr & Gallagher LLP, New York, NY; Bruce W. McCullough, Bodell Bové, LLC, Wilmington, DE; Karen M. Dixon, Skarzynski Marick & Black LLP, Chicago, IL; Joseph B. Cicero, Chipman Brown Cicero & Cole, LLP, Wilmington, DE; Adam H. Fleischer, R. Patrick Bedell, Allyson C. Spacht, BatesCarey LLP, Chicago, IL; Louis J. Rizzo, Jr., Reger Rizzo & Darnall LLP, Wilmington, DE; Monica T. Sullivan, Matthew J. Fink, Leena Soni, Stephanie M. Flowers, Nicolaides Fink Thorpe Michaelides Sullivan LLP, Chicago, IL; Sean J. Bellew, Bellew LLC, Wilmington, DE; Michael A. Kotula, Rivkin Radler LLP; Loren R. Barron, Kaufman Dolowich LLP, Wilmington, DE; Wade A. Adams, III, Law Offices Of Wade A. Adams, III, Newark, DE; Bryce L. Friedman, Matthew C. Penny, Simpson Thacher & Bartlett LLP, New York, NY; Thad J. Bracegirdle, Sarah T. Andrade, Emily L. Skaug, Bayard, P.A., Wilmington, DE; Edward B. Parks, II, Sara Hunkler, Ruggeri Parks Weinberg LLP, Washington, D.C.; Kevin. J. Connors, Marshall Dennehey, P.C., Wilmington, DE; Cheryl P. Vollweiler, Skarzynski Marick & Black LLP, New York, NY; Philip Trainer, Jr., Marie M. Degnan, Ashby & Geddes, Wilmington, DE; Robert A. Kole, Caroline M. Trusty, Choate, Hall & Stewart LLP, Boston, MA; Marc S. Casarino, Kennedys CMK LLP, Wilmington, DE; Christopher R. Carroll, Jillian D. Dennehy, Joshua S. Wirtshafter, Kennedys CMK LLP, Basking Ridge, NJ; Robert K. Beste, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Keith Moskowitz, Dentons US LLP, Chicago, IL; Kathryn Guinn, Dentons US LLP, Denver, CO; Deborah J. Campbell, Dentons US LLP, St. Louis, MO for plaintiffs.
for defendant: David J. Baldwin, Peter C. McGivney, Zachary J. Schnapp, Berger Harris LLP, Wilmington, DE; Jeffrey L. Schulman, Blank Rome LLP, New York, NY for defendant.
Case Number: N22C-02-045 PRW CCLD
Court ruled that insurers had no duty to indemnify opioid lawsuits where the lawsuits lacked specific allegations of personal injury or property damage underlying the claimed losses in those lawsuits.
Legal Speak is a weekly podcast that makes sense of what’s happening in the legal industry.
1 minute read