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June 08, 2020 | Delaware Law Weekly

DSBA Bankruptcy Law Section to Host Chapter 11 Primer

The bankruptcy law section of the Delaware State Bar Association is slated to host a Zoom webinar titled "Bankruptcy Nuts and Bolts: A Primer for Chapter 11 Cross-Training" from 9 a.m. to 12:30 p.m. June 23.
1 minute read
State of Delaware v. Purdue Pharma L.P.
Publication Date: 2019-02-20
Practice Area: Consumer Protection
Industry: Pharmaceuticals | Retail
Court: Delaware Superior Court
Judge: Judge Johnston
Attorneys:
For plaintiff: Ryan P. Newell, Shaun Michael Kelly and Kyle Evans Gay of Connolly Gallagher, LLP; Richard W. Fields of Fields PLLC; Scott W. Gilbert, Richard Shore, Mark A. Packman, Jenna A. Hudson, Michael B. Rush, Monique T. Abrishami and Richard J. Leveridge, Gilbert LLP, Washington, DC; Kathleen Jen-nings, attorney general, and Michael Vild and Michelle Whalen, Delaware Dep't of Justice for the state.
For defendant: Brian D. Tome and Kelly E. Rowe, Reilly, McDevitt & Henrich, PC, Wilmington, DE; Mark S. Cheffo, Hay-den A. Coleman, Debra D. O'Gorman and Judy L. Leone, Dechert LLP, Philadelphia, PA for defendant Purdue Pharma. Michael P. Kelly, Steven P. Wood, Daniel J. Brown and Hayley J. Reese, McCarter & English, Wilmington, DE; John A. Freedman and Sean O. Morris, Arnold & Porter Kay Scholer LLP, Los Angeles, CA for defendant Endo Pharmaceuticals. Kevin B. Collins, Katherine B. Shaffer and Neil K. Roman, Covington & Burling, New York, NY; A. Thompson Bayliss, Michael A. Barlow, Sarah E. Delia, David A. Seal and Daniel J. McBride, Abrams & Bayliss, Wilmington, DE for defendant McKesson Corp. David A. Felice, Bailey & Glasser LLP, Wilmington, DE, Steven Pyser, Ashley W. Hardin and Joshua D. Tully, Williams & Connolly, Washington, DC for defendant Cardinal Health. Jennifer C. Wasson, Jesse L. Noa and Carla M. Jones, Potter, Anderson & Corroon LLP, Wilmington, DE; Louis W. Schack, Shan-non E. McClure and Neil A. Hlawatsch of Reed Smith LLP for defendant AmerisourceBergen. Jami B. Nimeroff, Brown, Garry, Nimeroff, Wilmington, DE; James W. Matthews, Katy E. Koski, Jaclyn V. Piltch and Redi Kasollja, Foley & Lardner, Boston, MA for defendant Anda Pharmaceuticals. Thomas E. Han-son and Oni N. Harton, Barnes & Thornburg LLP, Wilmington, DE and Indianapolis, IN for defendant H.D. Smith LLC. Daniel B. Rath, Rebecca L. Butcher and Jennifer L. Cree, Landis, Rath & Cobb LLP, Wilmington, DE; Eric R. Delinsky, Alexandra W. Miller and R. Miles Clark, Zuckerman Spaeder LLP, Washington, DC for defendant CVS Health Corp. Beth Moskow-Schnoll, William Burton and Elizabeth A. Sloan, Ballard Spahr LLP, Wilmington, DE; Kaspar J. Stoffelmayr, Katherine M. Swift and Alex J. Har-ris, Bartlit, Beck, Herman, Palenchar & Scott LLP, Chicago, IL and Denver, CO for defendant Walgreens Boots Alliance, Inc.
Case number: D68469

The state adequately alleged claims against manufacturers and distributors of opioids, but the court dismissed public nuisance, civil conspiracy and unjust enrichment claims.

Consumer Fin. Prot. Bureau v. The Nat'l Collegiate Master Student Trust
Publication Date: 2018-10-31
Practice Area: Consumer Protection | Creditors' and Debtors' Rights
Industry: Financial Services and Banking | Education
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys:
For plaintiff: Carolyn I. Hahn, Colin T. Reardon and Gabriel S.H. Hopkins, attorneys for plaintiff
For defendant: Kurt M. Heyman and Melissa N. Brochwicz, Donimirski, Heymay Enerio Gattuso & Hirzel LLP, Wilmington, DE; Erik H. Haas and Peter W. Tomlinson, Patterson Belknap Webb & Tyler LLP, New York, NY attorneys for Ambac Assurance Corp.; Jamie L. Edmonson, Allyson B. Baker, Meredith L. Boylan, Sameer P. Sheikh and Katherine M. Wright, Venable LLP, Washington, DC, attorneys for Transworld Systems Inc.; Andrew D. Cordo, Ashby & Geddes, PA, Wilmington, DE; Michael Hanin and Uri Itkin, Kasowitz Benson Torres LLP, New York, NY, attorneys for objecting noteholders; Rebecca L. Butcher, Landis Rath & Cobb LLP, Wilmington, DE, John P. Doherty and William Hao, Alston & Bird LLP, New York, NY for GSS Data Serv., Inc.; Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE for the Pennsylvania Higher Educ. Assistance Agency; Stephen B. Brauerman and Sara E. Bussiere, Bayard P.A., Wilmington, DE for Wilmington Trust Co.; John W. Shaw and David M. Fry, Shaw Keller LLP, Wilmington, DE, Stephen H. Meyer, Sullivan & Cromwell, LLP, Washington, DC for U.S. Bank National As-sociation; John W. Shaw and David M. Fry, Shaw Keller LLP, Wilmington, DE, Matthew A. Martel and Keith M. Kollmeyer, Jones Day, Boston, MA for U.S. Bank.
Case number: D68338

Proposed intervenors timely filed their motions, and they have interests in the litigation which were not adequately repre-sented by existing parties.

In re: Geneius Biotechnology, Inc.
Publication Date: 2018-01-03
Practice Area: Corporate Entities | Creditors' and Debtors' Rights
Industry: Biotechnology
Court: Court of Chancery
Judge: Vice Chancellor Montgomery-Reeves
Attorneys:
For plaintiff: Adam G. Landis, Rebecca L. Butcher, James S. Green, Jr., and Matthew R. Pierce, Landis Rath & Cobb LLP, Wilmington, DE, attorneys for petitioner
For defendant: Patricia L. Enerio and Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Francis J. Early and Kaitlyn A. Crowe, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo, P.C., New York, NY, attorneys for respondent.
Case number: D67991

Appointment of receiver denied where petitioner failed to establish companys insolvency, due to its ability to obtain further financing to continue operations.

June 21, 2017 | Delaware Business Court Insider

'TC Heartland': High Court Reverses 30 Years of Patent Venue Law

In a highly anticipated opinion that many observers expect will have a significant impact on patent litigation, the U.S. Supreme Court unanimously ruled that a domestic corporation resides only in its state of incorporation for purposes of patent venue.
14 minute read
April 14, 2017 |

Ciber, Med Dev Bankruptcies Leave Trail of Big Law Creditors

The bankruptcy filings this week of global IT consultancy Ciber Inc. and a pair of medical device makers have left several big firms holding the bag. Ciber owes thousands in unpaid legal fees to Polinselli, while Duane Morris, Simpson Thacher & Bartlett and two California firms are listed as unsecured creditors another Chapter 11 case.
45 minute read
October 03, 2016 |

The Delaware Law Weekly Names 2016 Lawyers on the Fast Track

Earlier in the year, The Delaware Law Weekly asked the Delaware legal community to submit nominations for our first Delaware Lawyers on the Fast Track. The nomination forms and any letters of recommendation accompanying them were then sent to a four-member judging panel composed of evaluators from the legal profession and the state.
29 minute read
September 28, 2016 |

Chancery Extends Role of Statutory Defenses in Section 220 Demand Actions

The Delaware Court of Chancery has held that there was no credible basis to infer a potential Caremark claim for breach of fiduciary duty for failure to exercise oversight where the stockholder's only identified use of corporate books and records was to investigate mismanagement or wrongdoing to evaluate potential litigation and the board's actions ultimately would be "fully protected" by 8 Del. C. Section 141(e).
14 minute read
August 03, 2016 |

Chancery Court Elaborates Stance on Demand Futility Dismissals

In two recent decisions, the Delaware Court of Chancery has addressed the preclusive effect of a dismissal for failure to adequately plead demand futility under Rule 23.1 from another jurisdiction on a pending stockholder complaint in Delaware.
24 minute read
July 15, 2016 |

District Court Greenlights Suit Against German Manufacturer

A Delaware federal judge has allowed a contractual suit against a German airplane-parts manufacturer to proceed, finding the court maintained personal jurisdiction over the company under Delaware's long-arm statute.
6 minute read

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