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Stansell v. Rosensweig
Publication Date: 2024-06-25
Practice Area: Corporate Governance
Industry: E-Commerce | Education | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys:
For plaintiff: Kurt M. Heyman, Gillian L. Andrews, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Gustavo F. Bruckner, Samuel J. Adams, Ankita Sangwan, Pomerantz LLP, New York, NY for plaintiff.
For defendant: William M. Lafferty, Susan W. Waesco, Emily C. Friedman, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Dean S. Kristy, Jennifer C. Bretan, Fenwick & West LLP, San Francisco, CA; Felix S. Lee, Fenwick & West LLP, Mountain View, CA; Ethan H. Townsend, Daniel T. Menken, McDermott Will & Emery LLP, Wilmington, DE; Timothy E. Hoeffner, McDermott Will & Emery LLP, New York, NY for defendants.
Case number: 2023-0180-PAF

Company's proxy statement was not materially misleading where company was not obligated to state that customers used the company's products to cheat and use of products in that manner was reasonably foreseeable.

Yangaroo Inc. v. Digital Media Serv., Inc.
Publication Date: 2024-06-11
Practice Area: Business Torts
Industry: Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Davis
Attorneys:
For plaintiff: David J. Soldo, Morris James LLP, Wilmington, DE; Anne Mercado Clark, Jeffrey D. Coren, Phillips Lytle LLP, Buffalo, NY for plaintiff.
For defendant: Catherine A. Gaul, Randall J. Teti, Ashby & Geddes, Wilmington, DE; George A. Gasper, Ice Miller LLP, Indianapolis, IN; Ethan H. Townsend, Daniel T. Menken, McDermott Will & Emery LLP, Wilmington, DE for defendants.
Case number: N23C-06-090 EMD CCLD

Aiding and abetting clause plausibly alleged as to sellers' advisors where they were involved in due diligence and thus plausibly could have assisted sellers in withholding material information, which breached representations and warranties.

Biocomposites GmbH v. Artoss, Inc.
Publication Date: 2024-06-03
Practice Area: Contracts
Industry: Biotechnology | Distribution and Wholesale
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys:
For plaintiff: Ethan H. Townsend, Daniel T. Menken, Ryan D. Konstanzer, McDermott Will & Emery LLP, Wilmington, DE for plaintiff.
For defendant: Kelly A. Green, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE for defendant.
Case number: 2023-1189-NAC

Court denied reargument on cross-motions for injunctive relief where movant advanced implausible interpretation of the parties' contract and where the court reasonably declined to impose the implied covenant of good faith in exercising contractual discretion between sophisticated parties.

Reyes v. Summit Health Mgmt. LLC
Publication Date: 2024-02-16
Practice Area: Civil Procedure
Industry:
Court: U.S. District Court for the Southern District of New York, U.S. - SDNY
Judge: District Judge Vernon S. Broderick
Attorneys:
For plaintiff: Counsel for Representative Plaintiff and the Proposed Class: Janet Walsh, Francesca Iacovangelo, Locks Law Firm PLLC, New York, New York.
For defendant: Seth Richard Lesser, Jeffrey A. Klafter, Klafter Lesser LLP, Rye Brook, New York. Counsel for Defendants: Andrew Bennett Kratenstein, Kierstin S. Fowler, McDermott Will & Emery LLP, New York, New York.
Case number: 22-CV-9916

Court Grants Preliminary Approval of Class Action Settlement with CityMD Over Billing

DiDonato v. Campus Eye Mgmt., LLC
Publication Date: 2024-02-12
Practice Area: Corporate Governance
Industry: Health Care | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys:
For plaintiff: Mary F. Dugan, Emily V. Burton, Tanner C. Jameson, Young Conaway Stargatt & Taylor LLP, Wilmington, DE for plaintiff.
For defendant: Ethan H. Townsend, Daniel T. Menken, Ryan D. Konstanzer, McDermott Will & Emery LLP, Wilmington, DE for defendant.
Case number: 2023-0671-LWW

Manager and member of LLC remained the manager of the company where the LLC agreement required his involvement and approval for any amendment, such that the other investors in the company could not unilaterally amend the agreement to remove the manager.

PJM Power Providers Group v. Fed. Energy Regulatory Comm'n
Publication Date: 2024-01-15
Practice Area: Public Utilities
Industry: Energy | Federal Government | State and Local Government
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Roth
Attorneys:
For plaintiff: Elbert Lin, Charles D. Wallace, III, Hunton Andrews Kurth, Richmond, VA; John L. Shepherd, Jr., Hunton Andrews Kurth, Washington, DC; Paul W. Hughes, McDermott Will & Emery, Washington, DC; Kriss E. Brown, Christian A. McDewell, Pennsylvania Public Utility Commission, Harrisburg, PA; Thomas G. Lindgren, Werner L. Margard, III, Office of Attorney General of Ohio, Columbus, OH; Jeffrey W. Mayes, Monitoring Analytics, Eagleville, PA; Denise C. Goulet, McCarter & English, Washington, DC for petitioners.
For defendant: Jared B. Fish, Federal Energy Regulatory Commission, Washington, DC; Danielle C. Fidler, Earthjustice Legal Defense Fund, Washington, DC; Peter Hopkins, Amber L. Martin Stone, Jeffrey A. Schwartz, Scott H. Strauss, Cynthia Bogorad, Lauren L. Springett, Spiegel & McDiarmid, Washington, DC; Matthew Price, Jenner & Block, Washington, DC; Miles H. Mitchell, Maryland Public Service Commission, Baltimore, MD; David C. Apy, Office of Attorney General of New Jersey Division of Law, Trenton, NJ; Robert A. Weishaar, Jr., McNees Wallace & Nurick, Washington, DC; Ryan J. Collins, Paul M. Flynn, Wright & Talisman, Washington, DC; Caroline Reiser, Natural Resources Defense Council, Washington, DC; Casey Roberts, Sierra Club, Denver, CO; Megan C. Wachspress, Sierra Club Environmental Law Program, Oakland, CA; Sarah A. Hunger, Office of Attorney General of Illinois, Chicago, IL Cynthia Bogorad, Lauren L. Springett, Spiegel & McDiarmid, Washington, DC; Adrienne E. Clair, Thompson Coburn, Washington, DC; Daniel E. Frank, Allison Speaker, Eversheds Sutherland, Washington, DC; Andrew D. Cordo, Shannon E. German, Wilson Sonsini Goodrich & Rosati, Wilmington, DE; Gerit Hull, American Municipal Power, Columbus, OH; John E. McCaffrey, III, American Public Power Association, Arlington, VA; Anthony J. Corino, PSEG Corporation, Newark, NJ for respondents.
Case number: 21-3068

FERC commissioners' statements following deadlock over proposed tariff were sufficient to demonstrate that the agency's "action through inaction" found the tariff just and reasonable.

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.

BDO USA, LLP v. EverGlade Global, Inc.
Publication Date: 2023-02-14
Practice Area: Business Torts
Industry: Accounting | Consulting
Court: Delaware Superior Court
Judge: Judge McCormick
Attorneys:
For plaintiff: Ethan Townsend, Kevin M. Regan, Ashley R. Altschuler, McDermott Will & Emery LLP, Wilmington, DE; Michael J. Sheehan, McDermott Will & Emery LLP, Chicago, IL; Russell Hayman, McDermott Will & Emery LLP, Los Angeles, CA; Sarah E. Walters, McDermott Will & Emery LLP, Boston, MA for plaintiff.
For defendant: Julia B. Klein, Klein LLC, Wilmington, DE; Lita Beth Wright, Amini LLC, New York NY for defendant.
Case number: N22C-12-063 KSM CCLD

Court granted default judgment as a sanction for the destruction of evidence that apparently would prove defendant's liability.

In re Orbit/FR, Inc. Stockholders Litig.
Publication Date: 2023-02-07
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Manufacturing | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: A. Thompson Bayliss, E. Wade Houston, G. Mason Thomson, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
For defendant: Ashley R. Altschuler, Ethan H. Townsend, Harrison S. Carpenter, Kevin M. Regan, McDermott Will & Emery LLP, Wilmington, DE; Daniel M. Silver, Benjamin A. Smyth, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE; Henry E. Gallagher Jr., Shaun Michael Kelly, Connolly Gallagher LLP, Wilmington, DE for defendants.
Case number: 2018-0340-SG

Allegations of a personal relationship between special committee director and potentially interested director were insufficient to impute a conflict of interest to the special committee director, whose independence was not challenged by any personal interest in the merger transaction or bad faith actions.

In Re Orbit/FR, Inc. v. Stockholders Litig.
Publication Date: 2023-01-24
Practice Area: Mergers and Acquisitions
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys:
For plaintiff: A. Thompson Bayliss, E. Wade Houston, G. Mason Thompson, Abrams & Bayliss LLP, Wilmington, DE for plaintiff.
For defendant: Ashley R. Altschuler, Ethan H. Townsend, Harrison S. Carptenter, Kevin M. Regan, McDermott Will & Emery LLP, Wilmington, DE; Daniel M. Silver, Benjamin A. Smyth, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE; Henry E. Gallagher Jr., Shaun Michael Kelly, Connolly Gallagher LLP, Wilmington, DE for defendants.
Case number: 2018-0340-SG

The court denied defendants' motion to dismiss claims arising out of challenged merger and acquisition.

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