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Garfield v. Boxed, Inc.
Publication Date: 2023-01-10
Practice Area: Mergers and Acquisitions
Industry: E-Commerce | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: David A. Jenkins, Neal C. Belgam, Jason Z. Miller, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Steven J. Purcell, Robert H. Lefkowitz, Anisha Mirchandani, Purcell & Lefkowitz LLP, New York, NY for plaintiff.
For defendant: Paul J. Loughman, Joseph M. Turk, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Mark T. Stancil, Wilkie Farr & Gallagher LLP, Washington, D.C.; Betsy L. Feldman, Wilkie Farr & Gallagher LLP, New York, NY for defendant.
Case number: 2022-0132-MTZ

Because corporate charter established two separate classes of stock rather than one class with two series, stockholder conferred benefit on company by demanding it grant the stockholder's class a separate vote on charter amendments affecting the class, and was accordingly entitled to an award of attorneys' fees and costs.

January 09, 2023 | Delaware Business Court Insider

Dell-Owned Software Company Faces Patent Infringement Suit

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
Boardwalk Pipeline Partners, LP v. Bandera Master Fund LP
Publication Date: 2023-01-03
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory | Transportation
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: William Savitt, Sarah K. Eddy, Adam M Gogolak, Wachtell, Lipton, Rosen & Katz, New York, NY; 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; Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, Young Conaway Stargatt & Taylor LLP, Wilmington, DE for appellants.
For defendant: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for appellees.
Case number: 2021-0700-PWG

Member controlling general partner in Master Limited Partnership was correct party to determine whether opinion of counsel to exercise call right was acceptable, meaning that general partner and related entities were exculpated from liability to limited partners due to the presumption of good faith in reliance on opinion of counsel imposed by the limited partnership agreement.

December 28, 2022 | Delaware Law Weekly

Young Conaway Del. Partner Speaks at Columbia Law M&A Conference

After a two-year hiatus, the annual M&A conference at Columbia Law School returned on Dec. 2, and Young Conaway Stargatt & Taylor corporate litigation and counseling partner Elena C. Norman spoke on a panel titled, "Litigation Developments in M&A."
2 minute read
December 27, 2022 | The American Lawyer

Paul Hastings Lawyers Retained by Creditors Committee in FTX Bankruptcy

The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
3 minute read
December 27, 2022 | Delaware Business Court Insider

Creditors Committee in FTX Bankruptcy Retains Paul Hastings Lawyers

The nine-member committee of unsecured creditors includes a mix of individual investors and trading platforms in the cryptocurrency sector.
3 minute read
December 20, 2022 | Delaware Business Court Insider

Supreme Court Reverses $690M Liability Decision Against Pipeline Partners

While all five judges agreed the Court of Chancery made a judgment that should be reversed, Valihura wrote the court shouldn't remain silent on whether advice being legally sound is something for a court to decide when determining if it was made in good faith or not.
4 minute read
December 20, 2022 | Delaware Law Weekly

$690M Liability Decision Against Pipeline Partners Reversed by Supreme Court

While all five judges agreed the Court of Chancery made a judgment that should be reversed, Valihura wrote the court shouldn't remain silent on whether advice being legally sound is something for a court to decide when determining if it was made in good faith or not.
4 minute read
December 15, 2022 | The Recorder

Pacific Biosciences Hit With Patent Suit Over Nucleotide Detecting Technology

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
Bako Pathology LP v. Bakotic
Publication Date: 2022-12-13
Practice Area: Contractual Disputes
Industry: Biotechnology
Court: Delaware Superior Court
Judge: Judge Valihura
Attorneys:
For plaintiff: Mary F. Dugan, Lauren E.M. Russell, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Robert W. Capobianco, Adriana R. Midence, Kelli N. Church, Jackson Lewis P.C., Atlanta, GA for appellants.
For defendant: Bruce W. McCullough, Bodell Bove, LLC, Wilmington, DE; Salmeh K. Fodor, Kristoffer V. Sargent, KF Law, LLC, Atlanta, GA for appellees.
Case number: 382, 2021

The court affirmed in part and reversed in part a cross-appeal arising out of a corporate litigation claim.

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