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1,623 results for '* court:"Court of Chancery"' You can use Search Constraints to get even better search results
Publication Date: 2023-05-09
Practice Area: Mergers and Acquisitions
Industry: Biotechnology | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Stephen E. Jenkins, Samuel M. Gross, Ashby & Geddes, Wilmington, DE; Donald J. Enright, Elizabeth K. Tripodi, Jordan A. Cafritz, Levi & Korsinsky, LLP, Washington, DC for plaintiff.
for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Kyle H. Lachmund, Richards, Layton & Finger, P.A., Wilmington, DE; Adam H. Offenhartz, M. Jonathan Seibald, Gibson, Dunn & Crutcher LLP, New York, NY; Kevin M. Coen, Stephanie Rudolph, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Scott B. Czerwonka, Andrea S. Brooks, Wilks Law, LLC, Wilmington, DE; Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; John F. Baughman, Daniel A. Schwartz, JFB Legal, PLLC, Norfolk, VA for defendants.
Case Number: 2022-0130-SG
Former stockholder plausibly alleged fiduciary claims against controller as it received non-ratable benefit from sale of the company and attempted to induce minority stockholders to waive any fiduciary claims to receive their merger consideration.
Publication Date: 2023-05-09
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Richard L. Renck, Michael B. Gonen, Duane Morris, LLP, Wilmington, DE; Michael P. Gallagher, Duane Morris, LLP, Philadelphia, PA for plaintiff.
for defendant: Lisa A. Schmidt, Matthew W. Murphy, Nicole M. Henry, Richards, Layton & Finger, P.A., Wilmington, DE; David P. Whittlesey, Jacob Fields, Shearman & Sterling LLP, Austin, TX for defendant.
Case Number: 2022-0166-PAF
Earn-out provision requiring successor company to secure new agreement was not triggered where company merely amended its existing agreement with a customer by rescinding the customer's notice of termination.
Publication Date: 2023-05-09
Practice Area: Trusts and Estates
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Sean J. Bellew, Bellew LLC, Wilmington, DE for plaintiff.
for defendant: Kenneth J. Nachbar, Lauren K. Neal, Michael J. Slobom, Jr., Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case Number: 2020-0762-SG
Court enforced memorandum of settlement as parties' settlement agreement where it contained all material terms to resolve the parties' dispute and any remaining terms for a final settlement agreement were ancillary or non-material.
Publication Date: 2023-05-02
Practice Area: Corporate Governance
Industry: Energy | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Michael J. Barry, Jason M. Avellino, Kelly L. Tucker, Grant & Eisenhofer, P.A., Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Andrews & Springer LLC, Wilmington, DE; Jeremy S. Friedman, David F.E. Tejtel, Christopher M. Windover, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiffs.
for defendant: A. Thompson Bayliss, Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Karl Stern, Elizabeth M. Devaney, Quinn Emanuel Urquhart & Sullivan LLP, Houston, TX for defendant.
Case Number: 2019-0201-LWW
Although special litigation committee had a defect in consisting of only one director, that director's independence and the thoroughness of their investigation supported finding that its judgment to terminate derivative litigation was made following diligent and good-faith analysis.
Publication Date: 2023-04-18
Practice Area: Mergers and Acquisitions
Industry: Consumer Products | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Cook
Attorneys: For plaintiff: James D. Taylor, Jr., Saul Ewing LLP, Wilmington, DE; Amy S. Kline, Saul Ewing LLP, Philadelphia, PA; Joseph D. Lipchitz, Saul Ewing LLP, Boston, MA for plaintiff.
for defendant: Rudolf Koch, Kyle H. Lachmund, Kevin M. Kidwell, Richards, Layton & Finger, P.A., Wilmington, DE; Dustin F. Guzior, Y. Carson Zhou, Sullivan & Cromwell LLP, New York, NY for defendant.
Case Number: 2021-0838-NAC
Asset purchase agreement unambiguously gave seller of product lines perpetual liability for product liability claims for product sold prior to closing, such that the contract's clause sunsetting certain indemnification rights did not apply to the provision allocating third-party liabilities.
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Authors: Gary L. Brown
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Publication Date: 2023-04-18
Practice Area: Corporate Governance
Industry: E-Commerce | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Ryan M. Ernst, David M. Klauder, Bielli & Klauder, LLC, Wilmington, DE; Charles J. Hecht, Charles Hecht P.C., New York, NY for plaintiff.
for defendant: Michael C. Heyden, Jr., Joseph E. Brenner, Gordon Rees Scully Mansukhani LLP, Wilmington, DE; Samuel T. Hirzel, II, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Sarah Lightdale, Christopher L. Martin, Jr., Cooley LLP, New York, NY for defendants.
Case Number: 2018-0869-LWW
Board member and their investment firm were entitled to summary judgment on fraud and fiduciary duty claims brought by terminated officer, where the record reflected defendants had a limited role in the alleged fraud and the board member's decision to approve termination was protected by the business judgment rule.
Publication Date: 2023-04-04
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Investments and Investment Advisory | Pharmaceuticals
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Samuel L. Closic, Eric J. Juray, Robert B. Lackey, Prickett, Jones & Elliott, P.A., Wilmington, DE; Gregory V. Varallo, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Lee D. Rudy, Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeroen van Kwawegen, Eric J. Riedel, Bernstein Litowitz Berger & Grossmann LLP, New York, NY; Frank R. Schirripa, Daniel B. Rehns, Kurt Hunciker, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Brian J. Robbins, Craig W. Smith, Robbins LLP, San Diego, CA for plaintiffs.
for defendant: Stephen C. Norman, Jennifer C. Wasson, Tyler J. Leavengood, Potter Anderson & Corroon LLP, Wilmington, DE; Michael S. Doluisio, Carla Graff, Dechert LLP, Philadelphia, PA; Matthew L. Larrabee, Hayoung Park, Dechert LLP, New York, New York; Michael D. Blanchard, Amelia Pennington, Morgan, Lewis & Bockius LLP, Boston, MA for defendants.
Case Number: 2021-1118-JTL
Court denied relief from dismissal of action, after a state court found defendant directors and officers had not violated the law, where newly-filed DOJ complaint against the company remained unsubstantiated and did not contain allegations against defendants specifically.
Publication Date: 2023-03-21
Practice Area: Discovery
Industry: E-Commerce | Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: A. Thompson Bayliss, Daniel J. McBride, Anthony R. Sarna, Abrams & Bayliss LLP, Wilmington, DE for petitioners.
for defendant: Paul J. Lockwood, Jenness E. Parker, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Patricia L. Enerio, Jamie L. Brown, Aaron M. Nelson, Elizabeth A. DeFelice, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Stephen J. Senderowitz, Dentons, Chicago, IL; Douglas W. Henkin, Dentons, New York, NY for respondents.
Case Number: 2022-0344-JTL
Court granted motion to compel on the grounds that defendant corporation could not invoke the attorney-client privilege as a means to withhold materials within a certain time frame spanning over two years. The court did however hold that the corporation could assert the privilege regarding communications that were related to books and records that the director had intentionally released, thus removing it from the circle of confidentiality.
Publication Date: 2023-03-14
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Michael J. Barry, Grant & Eisenhoffer, P.A., Wilmington, DE; Michael Klausner, Stanford, CA, attorneys for plaintiff;
for defendant: John L. Reed, Ronald N. Brown & Kelly L. Freund, DLA Piper LLP (US), Wilmington, DE; Melanie E. Walker & Gaspard Rappoport, DLA Piper LLP (US), Los Angeles, CA, attorneys for defendants.
Case Number: 2021-0821-LWW
Breach of fiduciary duty claims arising from SPAC merger could proceed where plaintiff plausibly pled claims under entire fairness review by asserting that proxy statement contained material misstatements and omissions.
Publication Date: 2023-03-14
Practice Area: Corporate Entities
Industry: Consumer Products
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: John L. Reed, Peter H. Kyle, Kelly L. Freund, DLA Piper LLP, Wilmington, DE; Patrick J. Smith, Brian T. Burns, Smith Zillazor LLP, New York, NY for plaintiffs.
for defendant: Jon E. Abramczyk, D. McKinley Measley, Alexandra Cumings, Elizabeth A. Mullin, Sebastian Van Oudenallen, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case Number: 2019-0812-KSJM
Although LLC agreement entitled member to continued economic distribution rights after Holdco distributed the shares it held in its subsidiary, the subsidiary was not an indispensable party where its manager and preferred members were already parties to the action and had authority to amend the subsidiary's LLC agreement.
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