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Urdan v. WR Capital Partners, LLC
Publication Date: 2020-12-23
Practice Area: Contractual Disputes
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Elena C. Norman, Benjamin M. Potts, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Louis R. Miller, Daniel S. Miller, Jeffery B. White, Miller Barondess, LLP, Los Angeles, CA for plaintiffs.
For defendant: Kenneth J. Nachbar, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for de-fendants.
Case number: D69235

Stock repurchase agreements conflicted with the terms of a settlement agreement, so plaintiffs were barred from pursuing claims for breach of fiduciary duty and unjust enrichment. Affirmed.

December 21, 2020 | Delaware Law Weekly

Morrison & Foerster, Wilmer Get $235 Million Patent Verdict Thrown Out

Judge Leonard Stark ruled that Cirba Inc. didn't have standing to appear at trial and complain that VMWare was trying to squeeze it out of the virtualization market, because its affiliate Cirba IP actually held the relevant patents.
3 minute read
December 21, 2020 | Delaware Business Court Insider

Delaware Federal Judge Tosses $235 Million Patent Verdict

Judge Leonard Stark ruled that Cirba Inc. didn't have standing to appear at trial and complain that VMWare was trying to squeeze it out of the virtualization market, because its affiliate Cirba IP actually held the relevant patents.
3 minute read
Laborers Local No. 231 Pension Fund v. Cowan
Publication Date: 2020-12-16
Practice Area: Class Actions
Industry: Investments and Investment Advisory
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Greenberg
Attorneys:
For plaintiff: Peter B. Andrews, David M. Sborz, Craig J. Springer, Andrews & Springer, Greenville, DE; Randall Baron, Joseph D. Daley, David T. Wissbroecker, Robbins Geller Rudman & Down, San Diego, CA; Christopher H. Lyons, Robbins Geller Rudman & Down, Nashville, TN for plaintiff.
For defendant: Deborah S. Birnback, Jennifer B. Luz, Goodwin Procter, Boston, MA; David John Teklits, Morris Nichols Arsht & Tunnell, Wilmington, DE for defendant Cowan. Anne S. Gaza, Elena C. Norman, Robert M. Vrana, Young Conaway Stargatt & Taylor, Wilmington, DE for defendant LBT Merger Sub, Inc. Adam T. Humann, Kevin R. Powell, II, Kirkland Ellis, Washington, DC; Joshua Z. Rabinovitz, Kirkland Ellis, Chicago, IL for HIG Capital and Lionbridge Tech., Inc.
Case number: D69226

Plaintiff in this class action suit failed to demonstrate the existence of a material misrepresentation, so the court affirmed the judgment in favor of defendants.

December 15, 2020 | Delaware Business Court Insider

Delaware Chancellor Finds One WeWork Committee Can't Dismiss Other Committee's Case

The battle within WeWork, is part of the case the company filed against SoftBank over a transaction agreement that fell through.
5 minute read
December 15, 2020 | Delaware Law Weekly

One WeWork Committee Can't Dismiss Other Committee's Case, Delaware Chancellor Finds

The battle within WeWork, is part of the case the company filed against SoftBank over a transaction agreement that fell through.
5 minute read
In re: Imerys Talc Am., Inc.
Publication Date: 2020-12-09
Practice Area: Bankruptcy
Industry: Chemicals and Materials | Insurance
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Stamatios Stamoulis, Stamoulis & Weinblatt LLC, Wilmington, DE; Tancred Schiavoni, Janine Panchok-Berry, O’Melveny & Myers LLP, New York, NY for appellants.
For defendant: Michael J. Merchant, Marcos A. Ramos, Richards, Layton & Finger, P.A., Wilmington, DE; Jeffrey E. Bjork, Amy C. Quartarolo, Helena G. Tseregounis, Latham & Watkins LLP, Los Angeles, CA; Richard A. Levy, Latham & Watkins LLP, Chicago, IL; Roman Martinez, Gregory B. in den Berken, Latham & Watkins LLP, Washington, DC; Robert S. Brady, Edwin J. Harroun, Sara Beth A.R. Kohut, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for appellees.
Case number: D69216

No error in bankruptcy court's appointment of future claimants' representative and counsel where adverse parties had waived actual conflict of interest and any other remaining conflict would not prejudice the case.

December 04, 2020 | Delaware Law Weekly

Young Conaway Elects Partner to Management Committee

Young Conaway Stargatt & Taylor announced that it elected partner Anne Shea Gaza to serve on its management committee, effective at the start of the new year.
1 minute read
In re: HDR Holdings, Inc.
Publication Date: 2020-11-25
Practice Area: Bankruptcy
Industry: Manufacturing
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Pauline K. Morgan, Sean T. Greecher, Joseph M. Mulvihill, Jared W. Kochenash, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for HDR Holdings, Inc. and Schramm, Inc. Donald J. Detweiler, John H. Schanne, II, Pepper Hamilton LLP, Wilmington, DE for Official Comm. of Unsecured Creditors of HDR Hold-ings, Inc. Michael D. DeBaecke, Ashby & Geddess P.A., Wilmington, DE for DNOW L.P.
For defendant: Jamie L. Edmonson, Robinson & Cole LLP, Wilmington, DE; Carey D. Schreiber, Winston & Strawn LLP, New York, NY for GenNx360 Capital Partners, L.P. and Schramm II Inc.
Case number: D69201

Appellants' failure to seek a stay of the bankruptcy court's sale order deprived the district court of juris-diction to consider their appeals.

November 20, 2020 | Law.com

Skilled in the Art: Chhabria to 'Serial' Patent Filer: Pay Your Pro Hac Vice Fees + Who Got the Work Opposing Odd Ownership Saga

Judge Chhabria says "regular" filers of patent lawsuits in the Northern District of California shouldn't be eligible for pro hac vice status.
9 minute read

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