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  • In Re: Main Street Business Funding, LLC

    Publication Date: 2023-07-24
    Practice Area: Commercial Law
    Industry: Financial Services and Banking
    Court: U.S. District Court of Delaware
    Judge: District Judge Williams
    Attorneys: For plaintiff: Ryan M. Ernst, David M. Klauder, Bielli & Klauder, LLC, Wilmington, DE for appellant.
    for defendant: Ricardo Palacio, Ashby & Geddes, P.A., Wilmington, DE for appellee.
    Case Number: 19-10598 (BLS)

    Finding that appellant creditor's claims sounded in tort rather than contract, the court determined that Pennsylvania's Uniform Commercial Code applied and required that for commercial tort claims, in order to be enforceable, a security agreement must provide a specific description of the collateral.

  • Highland Pipeline Leasing, LLC v. Magellan Pipeline Co., L.P.

    Publication Date: 2021-04-28
    Practice Area: Commercial Law
    Industry: Energy
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Raymond J. DiCamillo, Tyler E. Cragg, Richards, Layton and Finger, P.A., Wilmington, DE for plaintiffs.
    for defendant: Thomas W. Briggs, Jr., Zi-Xiang Shen, Morris, Nichols Arsht & Tunnell LLP, Wilmington, DE; John D. Rus-sell, Justin A. Lollman, GableGotwals, Tulsa, OK for defendant.
    Case Number: D69379

    The court granted a motion to stay this declaratory relief action, because an action involving the same par-ties and similar claims was already pending in another state.

  • Perma-Liner Indus., LLC v. D'Hulster

    Publication Date: 2021-03-31
    Practice Area: Commercial Law
    Industry: Construction
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Scott A. Holt, Alberto E. Chavez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for plaintiff.
    for defendant: Scott G. Wilcox, Moore and Rutt, P.A., Wilmington, DE; Robert D. Eckard, Law Office of Robert Eckard & Associates, P.A., Palm Harbor, FL for defendant.
    Case Number: D69347

    Public policy factors warranted the transfer of this case to a federal district court in another state, even though two of the parties' agreements contained mandatory forum selection clauses in favor of Delaware.

  • Columbus Life Ins. Co. v. Wilmington Trust Co.

    Publication Date: 2021-02-03
    Practice Area: Commercial Law
    Industry: Financial Services and Banking | Insurance
    Court: U.S. District Court of Delaware
    Judge: District Judge Noreika
    Attorneys: For plaintiff: Donald L. Gouge, Jr., Donald L. Gouge, Jr., LLC, Wilmington, DE; Michael J. Miller, Joseph M. Kelleher, Philip J. Farinella, Cozen O’Connor, Philadelphia, PA for plaintiff.
    for defendant: Steven L. Caponi, Matthew B. Goeller, K&L Gates LLP, Wilmington, DE; Steven Sklaver, Susman Godfrey LLP, Los Angeles, CA; Ari Ruben, Susman Godfrey LLP, New York, NY for defendant.
    Case Number: D69281

    Removal to federal court by a non-party was improper, and defendant's attempt to file an amended notice of removal did not relate back to the time of the original notice.

  • Keeler v. Wells Fargo Bank, N.A.

    Publication Date: 2019-04-10
    Practice Area: Banking and Finance Laws | Commercial Law
    Industry: Financial Services and Banking
    Court: Delaware Superior Court
    Judge: Judge Medinilla
    Attorneys: For plaintiff: Elwood T. Eveland, Jr., The Eveland Law Firm for appellant.
    for defendant: Nicholas T. Verna, Womble Bond Dickinson (US) LLP for appellee.
    Case Number: D68519

    Trial court erred in dismissing banking violation under UCC without determining whether breach of contract claim could proceed independent of a UCC claim, where the allegations of the contract claim also raised an issue of the bank's compliance with UCC requirements.

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  • The Lima Delta Co. v. Gulfstream Aerospace Corp.

    Publication Date: 2019-02-27
    Practice Area: Commercial Law
    Industry: Aerospace
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Jennifer L. Dering, Joseph A. Martin and Jeffrey Lubin, Martin Law Firm LLC for plaintiffs.
    for defendant: Brett D. Fallon, Morris James LLP; Gary L. Halbert, Holland & Knight LLP for defendants.
    Case Number: D68475

    The court granted defendants' motion to dismiss because: (1) plaintiffs' tort claims based on an aircraft crash were barred by the economic loss doctrine, (2) plaintiffs failed to allege their fraud claims with particularity, and (3) the statute of limitations barred the breach of warranty claim.

  • Cont'l Fin. Co. v. TD Bank, N.A.

    Publication Date: 2018-12-26
    Practice Area: Banking and Finance Laws | Commercial Law
    Industry: Financial Services and Banking
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Jamie L. Edmonson, Daniel A. O'Brien, Jessie F. Bebber, Patrick J. Boyle, and Adam G. Possidente, Venable LLP for plaintiff;
    for defendant: Alexander D. Bono, Ryan E. Borneman, Lynne E. Evans, Oderah C. Nwaeze, and Mackenzie M. Wrobel, Duane Morris LLP for defendant.
    Case Number: D68400

    Banking customer's negligence claims arising from fraud on its account did not amount to more than simple negligence and were precluded by the UCC and its statute of repose as the fraud occurred under the scope of the account agreement.

  • The Dow Chem. Co. v. Organik Kimya Holding A.S.

    Publication Date: 2018-06-06
    Practice Area: Commercial Law | Trade Secrets
    Industry: Chemicals and Materials
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Rodger D. Smith II, Ryan D. Stottmann, Charles K. Verhoeven, Raymond N. Nimrod and James E. Baker for plaintiffs
    for defendant: Kathleen Furey McDonough, John A. Sensing, Ryan C. Cicoski, J. Robert Robertson and Benjamin Holt for defendants.
    Case Number: D68171

    In this trade secret matter, plaintiff alleged sufficient facts to provide defendants with notice of its claims, and the court held it was premature to determine choice of law and preemption issues.

  • Wypie Inv., LLC v. Homschek

    Publication Date: 2018-04-11
    Practice Area: Commercial Law
    Industry: Food and Beverage
    Court: Delaware Superior Court
    Judge: Judge Carpenter
    Attorneys: For plaintiff: Joel Friedlander, Christopher M. Foulds and Jennifer G. Altman for plaintiff.
    for defendant: na
    Case Number: D68109

    In this commercial dispute, plaintiff was not entitled to proceed on claims involving mere puffery, but the court allowed claims involving concealment and interference with contractual performance to go forward.

  • Continental Fin. Co., LLC v. TD Bank, N.A.

    Publication Date: 2018-02-07
    Practice Area: Banking and Finance Laws | Commercial Law
    Industry: Financial Services and Banking
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Jamie L. Edmonson, Jessie F. Beeber, Patrick J. Boyle and Adam G. Possidente for plaintiff
    for defendant: Alexander D. Bono, Ryan E. Borneman, Lynne E. Evans, Oderah C. Nwaeze and Mackenzie M. Wrobel for defendant.
    Case Number: D68034

    Plaintiffs negligence claim against a bank that provided electronic services was barred by the terms of the parties agreement and also preempted by the UCC.