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In re WeWork Litig.
Publication Date: 2020-11-18
Practice Area: Deals and Transactions
Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Chancellor Bouchard
Attorneys:
For plaintiff: 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 plaintiffs.
For defendant: 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; David J. Berger, Steven M. Gugen-heim, Dylan G. Savage, Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA; Michael S. Sommer, Wilson Sonsini Goodrich & Rosati, P.C., New York, NY for the special committee of the board of directors of The We Co. Robert S. Saunders, Sarah R. Martin, Arthur R. Bookout, 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, Morrison & Foerster LLP, Palo Alto, CA; James Bennett, Jordan Eth, Morri-son & Foerster LLP, San Francisco, CA for defendant SoftBank Group Corp. Michael A. Barlow, E. Wade Houston, Abrams & Bayliss LLP, Wilmington, DE; John B. Quinn, Molly Stephens, Quinn Emanuel Urquhart & Sullivan, LLP, Los Angeles, CA for defendant SoftBank Vision Fund.
Case number: D69193

Plaintiff stated a claim against defendants for breach of contract, but his breach of fiduciary duty claim was duplicative of the contract claim.

State of Delaware v. Univar, Inc.
Publication Date: 2020-11-11
Practice Area: Government
Industry: Chemicals and Materials | State and Local Government
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys:
For plaintiff: Melanie K. Sharp, Martin S. Lessner, Mary F. Dugan, Michael A. Laukaitis, II, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Steven S. Rosenthal, Tiffany R. Moseley, John David Taliaferro, Loeb & Loeb LLP, Washington, DC for plaintiff.
For defendant: Michael P. Kelly, David A. White, Matthew J. Rifino, McCarter & English LLP, Wilmington, DE; Jameel S. Turner, James G. Ryan, Bailey Cavalieri LLC, Columbus, OH for defendant.
Case number: D69188

An administrative subpoena was not overly broad and was allowed under the state's revised escheat law.

November 04, 2020 | Pro Mid Market

Who Got the Work: WeWork's Breach-of-Contract Claims and an Insurance Sale

Morris, Nichols, Arsht & Tunnell; Friedman Kaplan Seiler & Adelman; Susman Godfrey; and Young Conaway Stargatt & Taylor are all involved in a suit filed by WeWork's founder over a deal that fell through; Hodgson Russ represented People's United Bank as it sold People's United Insurance Agency; and other work from midsize firms.
2 minute read
November 02, 2020 | The American Lawyer

Biden Taps Big Law for Fundraising Haul

The list of over 800 names who each helped the Democratic nominee raise over $100,000 includes a number of Big Law leaders, as well as prominent names from the plaintiffs bar and corporate legal departments.
3 minute read
October 22, 2020 | Pro Mid Market

Who Got the Work: Pilfered Paintings and a City Against an E-Cig Company

Herrick Feinstein is representing a client attempting to recover four Piet Mondrian paintings from an art museum collective, Dilworth Paxson is serving as outside counsel to the city of Philadelphia in its suit against JUUL Labs, and other work from midsize firms.
2 minute read
October 15, 2020 | Delaware Business Court Insider

TransPerfect Sides With 2 Other Firms in Push to Unseal Delaware Court Documents

The move was made during discovery in TransPerfect's case in the U.S. District Court for the Southern District of New York alleging the other two companies made a sham bid for TransPerfect in an attempt to obtain trade secrets, but TransPerfect's counsel and CEO said they will support their opponents' push for the Delaware records to no longer be confidential.
3 minute read
October 13, 2020 | Delaware Law Weekly

State Agrees to $80M Funding Boost for Disadvantaged Students in Settlement

Arnold & Porter assisted the ACLU of Delaware and the Community Legal Aid Society pro bono in the case, which was in mediation for three days before ice Chancellor Joseph R. Slights III.
4 minute read
September 10, 2020 | Pro Mid Market

Who Got the Work: A Tanning Salon in Trouble and a Fast Food Insurance Fight

Plunkett Cooney is defending a tanning salon after an incident involving hidden cameras on the premises, Neal, Gerber & Eisenberg is representing McDonalds and franchise owners Lexi Management LLC and DAK4 LLC in an insurance dispute, and other work from midsize firms.
3 minute read
Otto Candies LLC v. KPMG, LLP
Publication Date: 2020-09-09
Practice Area: Damages
Industry: Financial Services and Banking | Accounting
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys:
For plaintiff: David E. Ross, Ross, Aronstam & Moritz LLP, Wilmington, DE; Terry L. Wit, Juan P. Morillo, Derek L. Shaffer, Lauren H. Dickie, and David H. Needham, Quinn Emanuel Urquhart & Sullivan, LLP, San Francisco, CA and Washington, DC for plaintiffs.
For defendant: Kevin R. Shannon, Matthew F. Davis, and Christopher N. Kelly, Potter Anderson & Corroon LLP, Wilmington, DE; Gregory G. Ballard and Jose F. Sanchez, Sidley Austin LLP, New York, NY; Todd Schiltz, Drinker Biddle & Reath LLP, Wilmington, DE; Robert A. Scher and Jonathan H. Friedman, Foley & Lardner LLP, New York, NY; Timothy Jay Houseal, Jennifer M. Kinkus, William E. Gamgort, Young Conaway Stargatt & T aylor LLP, Wilmington, DE; Ana C. Reyes, Williams & Connolly, LLP, Washington, DC for defendants.
Case number: D69113

Negligence action under vicarious liability failed where plaintiffs failed to establish existence of agency or joint venture relationship between defendant and alleged tortfeasor due to the lack of written agreement as required by applicable Mexico law or existence of required elements under applicable Delaware or New York law to find agency or joint venture relationship.

In re: Aerogroup Int'l, Inc.
Publication Date: 2020-09-09
Practice Area: Bankruptcy
Industry: Financial Services and Banking | Consumer Products
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Robert M. Hirsh, Beth M. Brownstein, James H. Hulme and Jackson D. Toof, Arent Fox LLP, New York, NY and Washington, DC; Frederick B. Rosner, Scott J. Leonhardt and Jason A. Gibson, The Rosner Law Group LLC, Wilmington, DE for appellant.
For defendant: Matthew M. Murphy, Nicholas A. Bassett and Brendan M. Gage, Paul Hastings LLP, Chicago, IL; M. Blake Cleary and Michael Neiburg, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for appellee.
Case number: D69112

A credit bid at an auction of debtors' assets did not constitute a "final" bid, so that bid did not cap the value of the creditor's secured collateral.

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