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February 12, 2021 | Delaware Law Weekly

Young Conaway Adds New DEI Director

Young Conaway Stargatt & Taylor announced that it brought on Deborah R. Edwards to serve as the firm's new director of diversity, equity and inclusion.
1 minute read
250ok, Inc. v. Message Sys., Inc.
Publication Date: 2021-02-10
Practice Area: Intellectual Property
Industry: E-Commerce
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys:
For plaintiff: James P. Hughes, Jr., Lauren Dunkle Fortunato, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Matthew T. McLaughlin, Kacey Houston Walker, Nixon Peabody LLP, Boston, MA for plaintiff.
For defendant: Ryan D. Stottmann, Sarah P. Kaboly, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Clement S. Roberts, Nathan Shaffer, Orrick, Herrington & Sutcliffe LLP, San Francisco, CA for defendant.
Case number: D69286

Claim of unjust enrichment arising from facts alleging misappropriation of trade secrets was preempted by the Delaware Uniform Trade Secret Act, which displaced all claims providing a remedy of restitution.

February 04, 2021 | Pro Mid Market

Who Got the Work: A Bankrupt Buffet and a California Collision

Pizza restaurant chain Cicis is being represented by Gray Reed & McGraw as it files for Chapter 11 protection, Tyson & Mendes and Segal McCambridge Singer & Mahoney are representing a company whose employee was involved in a truck accident, and other work from midsize firms.
2 minute read
IMEG Corp. v. Patel
Publication Date: 2021-02-03
Practice Area: Mergers and Acquisitions
Industry: Construction
Court: U.S. District Court of Delaware
Judge: District Judge Connolly
Attorneys:
For plaintiff: Mary Sikra Thomas, Prickett, Jones & Elliott, P.A., Wilmington, DE; Scott Commerson, John P. LeCrone, Davis Wright Tremaine LLP, Los Angelels, CA for petitioner.
For defendant: Ryan Patrick Newell, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Richard J. Frey, David M. Prager, Brock J. Seraphin, Epstein Becker & Green, P.C. , Los Angeles, CA for respondent.
Case number: D69283

Defendant was judicially estopped from asserting a position that was inconsistent with one taken in prior litigation.

January 20, 2021 | Delaware Business Court Insider

With Biden in White House, Del. Attorneys Hopeful Prez Will Bring State's Interests to Washington

While President Joe Biden hasn't practiced law in the state for a while, Delaware attorneys said Wednesday it's exciting to see someone from the state hold the nation's highest office. But it's "less about having a Delaware lawyer be president and more about just having someone with Delaware's interests in mind be president," said one law firm leader.
3 minute read
January 20, 2021 | Delaware Law Weekly

Delaware Attorneys Hope Biden Will Bring State's Interests to Washington

While President Joe Biden hasn't practiced law in the state for a while, Delaware attorneys said Wednesday it's exciting to see someone from the state hold the nation's highest office. But it's "less about having a Delaware lawyer be president and more about just having someone with Delaware's interests in mind be president," said one law firm leader.
3 minute read
January 07, 2021 | Pro Mid Market

Who Got the Work: New York Judges and a Plant-Based Bankruptcy

Morrison Cohen represented a group of New York judges fighting forced retirement, Young Conaway represented plant-based restaurant chain By Chloe as it filed for bankruptcy, and other work from midsize firms.
2 minute read
In re: Hosp. Acquisition LLC
Publication Date: 2021-01-06
Practice Area: Bankruptcy
Industry: Health Care
Court: U.S. Bankruptcy Court
Judge: Judge Shannon
Attorneys:
For plaintiff: M. Blake Cleary, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Abid Qureshi, Akin Gump Strauss Hauer & Feld LLP, New York, NY for debtors.
For defendant: Donald J. Detweiler, Troutman Pepper, Wilmington, DE; James P. Muenker, Neligan, LLP, Dallas, TX for movant.
Case number: D69248

Lump sum adjustment from Centers for Medicare and Medicaid Services received by debtors constituted a "settlement" and therefore qualified as a purchased asset that debtors were required to turn over under the terms of the parties' asset purchase agreement.

In re WeWork Litig.
Publication Date: 2021-01-06
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys:
For plaintiff: William B. Chandler III, Brad D. Sorrels, Lori W. Will, Lindsay Kwoka Faccenda, Leah E. Brenner, Jeremy W. Gagas, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Michael S. Sommer, Wilson Sonsini Goodrich & Rosati, P.C., New York, NY; David J. Berger, Steven M. Guggenheim, Dylan G. Savage of Wil-son Sonsini Goodrich & Rosati, P.C. , Palo Alto for plaintiff We Company; William M. Lafferty, Kevin M. Coen, Sabrina M. Hendershot, Sara Toscano, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Eric Seiler, Philippe Adler, Mala Ahuja Harker, Friedman Kaplan Seiler & Adelman LLP, New York, NY; William Christopher Carmody, Shawn J. Rabin, Arun Subramanian, Susman Godfrey L.L.P., New York, NY for plain-tiffs Neumann and We Holdings LLC.
For defendant: Robert S. Saunders, Sarah R. Martin, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; George A. Zimmerman, Skadden, Arps, Slate, Meagher & Flom LLP, New York, NY for The We Co. Elena C. Norman, Rolin P. Bissell, Nicholas J. Rohrer, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Erik J. Olson, of Morrison & Foerster LLP, Palo Alto, CA; James Bennett, Jordan Eth, Morrison & Foerster LLP, San Fran-ciso, CA for defendant SoftBank Group Corp. Michael A. Barlow, E. Wade Houston, Abrams & Baylis LLP, Wilmington, DE; John B. Quinn, Molly Stephens of Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA for defendant SoftBank Vision Fund.
Case number: D69249

A temporary committee created by a company's board of directors did not have authority to terminate a lawsuit that was filed by an earlier special committee.

December 28, 2020 | Delaware Law Weekly

3 Young Conaway Attorneys Elected to Partner

Young Conaway Stargatt & Taylor elected three new partners. Elisabeth S. Bradley, Jaime Luton Chapman and Michael P. Stafford will assume their new roles at the start of the new year.
1 minute read

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