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Gibson v. Konick
Publication Date: 2024-07-23
Practice Area: Corporate Entities
Industry: Legal Services | Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys:
For plaintiff: Frank E. Noyes, Offit Kurman, P.A., Wilmington, Delaware for plaintiff;
For defendant: David Konick, pro se defendant.
Case number: 2022-1036-LWW

Court ordered judicial dissolution of LLC formed to hold vacation property after the end of the parties' romantic relationship rendered carrying on the LLC's "business" impractical.

Appellate Division, Second Department: April 12, 2024
Publication Date: 2024-04-12
Practice Area: Civil Appeals | Criminal Appeals
Industry:
Court: Appellate Division, Second Department, Hand Down List
Judge: Unsigned
Attorneys:
For plaintiff:
For defendant:
Case number: DOCKET

Handdown List released on:April 10, 2024

Carpenter v. Liberty Mut. Ins. Co.
Publication Date: 2024-03-18
Practice Area: Insurance Law
Industry: Insurance
Court: U.S. District Court of Delaware
Judge: District Judge Fallon
Attorneys:
For plaintiff: Bayard Marin, Daulton Gregory, Marin & Gregory, LLC, Wilmington, DE for plaintiff.
For defendant: Karine Sarkisian, Kennedys CMK LLP, Wilmington, DE for defendants.
Case number: 23-752-SRF

Court remanded case due to untimely notice of removal as equitable claim within Delaware chancery court's jurisdiction could be heard by federal court sitting in diversity and the applicable insurance policy limit at issue met the amount-in-controversy threshold.

Friddle v. Moehle
Publication Date: 2024-02-19
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: Thad J. Bracegirdle, Emily L. Skaug, Bayard, P.A., Wilmington, Delaware; Brian A. Katz, John G. Moon, Olshan Frome Wolosky LLP, New York, NY for plaintiffs.
For defendant: Steve L. Caponi, Matthew B. Goeller, K&L Gates LLP, Wilmington, DE; Christopher M. Verdini, K&L Gates LLP, Pittsburgh, PA for defendants.
Case number: 2021-0306-SG

Court interpreted the scope of the parties' joint waiver of their contractual mandatory arbitration provision to include only those claims the parties had asserted in their pleadings at the time they executed the waiver, so as to avoid an unintended waiver of bargained-for rights.

Wong v. Wong
Publication Date: 2023-12-27
Practice Area: Trusts and Estates
Industry:
Court: Supreme Court, New York
Judge: Justice Melissa Crane
Attorneys:
For plaintiff:
For defendant:
Case number: 656436/2018

POAs Did Not Preclude Trustors from Changing Beneficiary Again in Future POA

Maginn v. Maginn
Publication Date: 2023-10-30
Practice Area: Corporate Governance
Industry: Software
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys:
For plaintiff: Neil R. Lapinski, Phillip A. Giordano, Madeline R. Silverman, Gordon, Fournaris & Mammarella, P.A., Wilmington, DE for plaintiff.
For defendant: Garrett B. Moritz, Ross Aronstam & Moritz LLP, Wilmington, DE; Thad J. Bracegirdle, Bayard, P.A., Wilmington, DE for defendants. Albert H. Manwaring, IV & Kirsten A. Zeberkiewicz, Morris James LLP, Wilmington, DE for nominal defendant.
Case number: 2023-0805-LWW

Reasoning that the master's report in the parties' divorce proceeding had not yet been adopted by the probate court and the defendant had not been removed as a general partner of the Family LP, plaintiff, acting alone, lacked the authority to direct the Family LP through a written consent to remove another board member of nominal defendant.

Sorrento Therapeutics, Inc. v. Mack
Publication Date: 2023-09-18
Practice Area: Contracts
Industry: Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Kevin M. Coen, Alexandra M. Cumings, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jamie L. Wine, Steven N. Feldman, Latham & Watkins LLP, New York, NY; Matthew W. Walch, Russell Mangas, Latham & Watkins LLP, Chicago, IL for plaintiffs.
For defendant: Elizabeth A. Sloan, Brittany M. Giusini, Fred DeRitis, Ballard Spahr LLP, Wilmington, DE; Paul Lantieri III, Ballard Spahr LLP, Philadelphia, PA; Stephen B. Brauerman, Justin C. Barrett, Bayard, P.A., Wilmington, DE for defendants.
Case number: 2021-0210-PAF

Company president was liable for breaching his non-compete and fiduciary duties where the evidence supported finding that he diverted business opportunities to a competing company he founded.

Killen v. Alben
Publication Date: 2023-09-18
Practice Area: Family Law
Industry:
Court: Delaware Supreme Court
Judge: Justice LeGrow
Attorneys:
For plaintiff: Curtis P. Bounds, Kara M. Swasey, Megan McGovern, Bayard, P.A., Wilmington, DE for appellant.
For defendant: Jennifer A. Hartnett, Hartnett & Hartnett, Hockessin, Delaware for appellee.
Case number: 22-04577

Trial court erred in sua sponte ordering husband to maintain a life insurance policy where the trial court lacked evidence regarding the policy, including when it was purchased, whether husband owned/controlled it, and the beneficiaries of the policy.

Coster v. UIP Co. Inc.
Publication Date: 2023-07-10
Practice Area: Corporate Governance
Industry: Real Estate
Court: Delaware Supreme Court
Judge: Justice Seitz
Attorneys:
For plaintiff: Max B. Walton, Kyle Evans Gay, Connolly Gallagher LLP, Newark, DE; Michael K. Ross, Serine Consolino, Aegis Law Group LLP, Washington, DC for appellant.
For defendant: Deborah B. Baum, Pillsbury Winthrop Shaw Pittman LLP, Washington, DC; Stephen B. Brauerman, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE for appellees.
Case number: 163, 2022

Stock issuance that diluted interest of stockholder with one-half interest who had filed a custodian action to break board election deadlock was not inequitable where issuance was reasonably calculated to prevent default under company's key contracts and had the benefit of retaining a key employee, while stockholder was not coerced as she retained a swing vote.

In re: Boy Scouts of Am.
Publication Date: 2023-07-03
Practice Area: Bankruptcy
Industry: Insurance | Non-Profit
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys:
For plaintiff: Theodore J. Boutrous, Jr., Richard J. Doren, Blaine H. Evanson, Gibson, Dunn & Crutcher, LLP, Los Angeles, CA; Dierdre M. Richards, Fineman Krekstein & Harris P.C., Wilmington, DE; Susan Gummow, Foran Glennon Palandech Ponzi & Rudloff P.C.; Michael A. Rosenthal, Mitchell A. Karlan, James Hallowell, Keith R. Martorana, Seth M. Rokofsky, Gibson Dunn & Crutcher LLP, New York, NY; Kathleen M. Miller, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Ronald P. Schiller, Matthew A. Hamermesh, Handley Aronchick Segal Pudlin & Schiller, Philadelphia, PA; Paul Logan, Post & Schell, P.C., Wilmington, DE; John C. Sullivan, Kathleen K. Kerns, Post & Schell, P.C., Philadelphia, PA; George R. Calhoun, Ifrah PLLC, Washington, DC; Michael J. Joyce, Joyce LLC, Wilmington, DE; Kevin Coughlin, Lorraine Armenti, Michael Hrinewski, Coughlin Midlige & Garland, LLP, Morristown, NJ; Britton C. Lewis, John M. Flynn, Carruthers & Roth, P.A., Greensboro, NC; Maria Aprile Sawczuk, Goldstein & McClintock LLP, Wilmington, DE; Laura McNally, Emily Stone, Loeb & Loeb LLP, Chicago, IL; David Christian, David Christian Attorneys LLC, Chicago, IL; Brian A. Sullivan, Werb & Sullivan, Wilmington, DE: John E.W. Baay II, Gieger Loborde & Laperouose, LLC, New Orleans, LA; William H. White, Jr. Kiernan Trebach LLP, Washington, DC; Mary E. Borja, Gary P. Seligman, Ashley L. Criss, Wiley Rein LLP, Washington, DC; Bruce W. McCullough, Bodell Bove, LLC, Wilmington, DE; Bruce D. Celebrezze, Clyde & Co US LLP, San Francisco, CA; Konrad R. Krebs, Clyde & Co US LLP, Morristown, NJ; Lloyd A. Gura, Pamela J. Minetto, Mound Cotton Wollan & Greengrass LLP, New York, NY; R. Karl Hill, Seitz, Van Ogtrop & Green, P.A., Wilmington, DE; Douglas R. Gooding, Jonathan D. Marshall, Choate, Hall & Stewart LLP, Boston, MA; Kim V. Marrkand, Laura Bange Stephens, Mintz, Levin, Cohn, Ferris, Glovsky and Popeo PC, Boston, MA; Thaddeus J. Weaver, Dilworth Paxson LLP, Wilmington, DE; William E. McGrath, Jr., Dilworth Paxon LLP, Princeton, NJ; Stephen M. Miller, Carl N. Kunz, III, Sarah M. Ennis, Morris James LLP, Wilmington, DE; Margaret M. Anderson, Ryan T. Schultz, Adam A. Hachikian, Kenneth M. Thomas, Fox Swibel Levin & Carroll LLP, Chicago, IL; Marla S. Benedick, Cozen O’Connor, Wilmington, DE; Louis J. Rizzo, Reger Rizzo & Darnall LLP, Wilmington, DE; David M. Fournier, Marcy J. McLaughlin Smith, Troutman Sanders Hamilton Sanders LLP, Wilmington, DE; Harris B. Winsberg, Matthew G. Roberts, Parker Hudson, Rainer & Dobbs LLP, Atlanta, GA; Margaret H. Warner, Ryan S. Smethurst, Alex M. Spisak, McDermott Will & Emery, Washington, DC; Gilion Dumas, Dumas & Vaughn, Portland, OR; Charles J. Brown, III, Gellert Scali Busenkell & Brown LLC, Wilmington, DE; Delia Lujan Wolff, Lujan & Wolff LLP, Hagatna, GU; Christopher D. Loizides, Loizides, P.A., Wilmington, DE for appellants.
For defendant: Jessica Lauria, Glenn M. Kurtz, White & Case LLP, New York, NY; Michael C. Andolina, Matthew E. Linder, Laura E. Baccash, Blair M. Warner, White & Case LLP, Chicago, IL; Ronald K. Gorsich, White & Case LLP, Los Angeles, CA; Michael Stoner, Hayes & Boone, Dallas, TX; Derek C. Abbott, Andrew R. Remming, Paige N. Topper, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; R. Craig Martin, DLA Piper, LLP (US), Wilmington, DE; Richard G. Mason, Douglas K. Mayer, Joseph C. Celentina, Mitchell S. Levy, Watchell, Lipton, Rosen & Katz, New York, NY; Kami E. Quinn, Rachel H. Jennings, Kyle Y. Dechant, December L. Huddleston, Gilbert LLP, Washington, DC; Robert S. Brady, Edwin J. Harron, Kenneth J. Enos, Ashley E. Jacobs, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Philip D. Anker, Wilmer Cutler Pickering Hale and Door LLP, New York, NY; James P. Ruggeri, Joshua D. Weinberg, Ruggeri Parks Weinberg LLP, Washington, DC; Joel Millar, Wilmer Cutler Pickering Hale and Door LLP, Washington, DC; Erin R. Fay, Gregory J. Flasser, Bayard, P.A., Wilmington, DE: Robert D. Cecil, Tybout, Redfearn & Pell, Wilmington, DE; Mark D. Plevin, Kevin D. Cacabelos, Crowell & Morning LLP, San Francisco, CA; Tacie H. Yoon, Rachel A. Jankowksi, Crowell & Morning LLP, Washington, DC; Matthew G. Summers, Chantelle D. McClamb, Ballard Spahr LLP, Wilmington, DE: Harry Lee, John O’Connor, Steptoe & Johnson, LLP, Washington, DC; Stephen Warren; Stamatios Stamoulis, Stamoulis & Weinblatt LLC, Wilmington, DE; Tancred Schiavoni, O’Melveny & Meyers LLP, New York, NY; Stephen Warren, O’Melveny & Meyers LLP, Los Angeles, CA; Jonathan D. Hacker, O’Melveny & Meyers LLP, Washington, DC for appellees.
Case number: 20-10343-LSS

Plan of reorganization establishing sexual abuse settlement trust affirmed where non-consensual releases of claims against non-debtors, who were affiliates of debtors, fell within "related to" jurisdiction since the non-debtors' viability as going concerns was necessary to the success of debtors' reorganization.

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