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  • Buttonwood Tree Value Partners, L.P. v. R.L. Polk & Co, Inc.

    Publication Date: 2022-07-05
    Practice Area: Class Actions
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: R. Bruce McNew, Cooch and Taylor, P.A., Wilmington, DE for plaintiffs.
    for defendant: David A. Dorey, Blank Rome LLP, Wilmington, DE; Christopher M. Mason, Nixon Peabody LLP, New York, NY; Carolyn G. Nussbaum, Nixon Peabody LLP, Rochester, NY for defendants.
    Case Number: D69870

    Court certified class of stockholders challenging self-tender transaction for misleading corporate disclosures, where certification was appropriate for the purposes of establish breach of duty and nominal damages, although the question of rescission damages would be individual to each stockholder.

  • Judicial Watch v. Univ. of Delaware

    Publication Date: 2022-06-28
    Practice Area: Public Records
    Industry: Education | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Theodore A. Kittila, William E. Green, Jr., Halloran Farkas + Kittila LLP, Wilmington, DE for appellants.
    for defendant: William E. Manning, James D. Taylor, Jr., Marisa R. DeFeo, Saul Ewing Arnstein & Lehr LLP, Wilmington, DE for appellee.
    Case Number: D69866

    Public university's burden of proof to establish diligent search for responsive records required identifying which specific parties were consulted for responsive records and explaining how state funds were not used to acquire, curate, or manage the sought-after records.

  • Pascal Metrics, Inc. v. Health Catalyst, Inc.

    Publication Date: 2022-06-28
    Practice Area: Business Torts
    Industry: Health Care | Software | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Max L. Tribble, Jr., Rocco F. Magni, Susman Godfrey L.L.P., Houston, TX; Kalpana Srinivasan, Susman Godfrey L.L.P., Los Angeles, CA for plaintiff.
    for defendant: F. Troupe Mickler IV, Ashby & Geddes, P.A, Wilmington, DE; Gregory M. Saylin, Stephen Sansom, Tyson C. Horrocks, Holland & Hart LLP, Salt Lake City, UT for defendant.
    Case Number: D69863

    Applicable Utah Uniform Trade Secrets Act preempted tortious interference with contractual relations claims where underlying factual allegations were identical to those of plaintiff's misappropriation claim.

  • Stream TV Networks, Inc. v. SeeCubic, Inc.

    Publication Date: 2022-06-28
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Andrew S. Dupre, Brian R. Lemon, Steven P. Wood, Sarah E. Delia, Stephanie H. Dallaire, McCarter & English, LLP, Wilmington, DE for appellants.
    for defendant: Robert S. Saunders, Jenness E. Parker, Bonnie W. David, Lilianna Anh P. Townsend, Trevor T. Nielson, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Eben P. Colby, Marley Ann Brumme, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA for appellee.
    Case Number: D69864

    Board committee action approving omnibus agreement moving company's assets into a "NewCo" was invalid where company's charter required approval of one class of shareholders for "asset transfers."

  • TransPerfect Global, Inc. v. Pincus

    Publication Date: 2022-06-28
    Practice Area: Corporate Entities
    Industry: Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Adam K. Bult, Brownstein Hyatt Farber Schreck, LLP, Las Vegas, NV; Jeremy Eicher, Eicher Law LLC, Wilmington, DE; Alan M. Dershowitz, Cambridge, MA for appellants.
    for defendant: Jennifer C. Voss, Cliff C. Gardner, Elisa M.C. Klein, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for appellee.
    Case Number: D69868

    Chancery court erred in holding company's majority shareholder and controller in contempt of violating an exclusive jurisdiction order where shareholder was not a party to the out-of-state action filed in contempt of the chancery court's order and where controlling stake did not itself make shareholder personally liable for the company's conduct.

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    Texas Personal Automobile Insurance Policy 2020

    Authors: Janet K. Colaneri

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  • Knight Broadband LLC v. Knight

    Publication Date: 2022-06-14
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Davis
    Attorneys: For plaintiff: Kevin R. Shannon, Christopher N. Kelly, Daniel M. Rusk, IV, Potter Anderson & Corroon LLP, Wilmington, DE; William C. O’Neil, Gretchen V. Scavo, Matthew Durkin, Winston & Strawn LLP, Chicago, IL for plaintiff.
    for defendant: Melissa D. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Timothy W. Weber, Joseph P. Kenny, Weber, Crabb & Wein, P.A., St. Petersburg, FL for defendants.
    Case Number: D69852

    Fraudulent misrepresentation claims dismissed where the alleged statements constituted forward-looking plans rather than existing facts and there was no evidence showing the speaker had no intention of fulfilling those plans.

  • Schoenmann v. Irvin

    Publication Date: 2022-06-14
    Practice Area: Corporate Governance
    Industry: Manufacturing | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE for plaintiff.
    for defendant: Joanna J. Cline, Christopher B. Chuff, Emily L. Wheatley, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE for defendants.
    Case Number: D69850

    Direct corporate claims were equitably tolled under statute of limitations where plaintiff, who had superior information rights as member and manager, sufficiently alleged that controller had intentionally manipulated operations and financial records to conceal misconduct.

  • NexStep, Inc. v. Comcast Cable Commc'ns, LLC

    Publication Date: 2022-05-31
    Practice Area: Patent Litigation
    Industry: Technology Media and Telecom
    Court: U.S. District Court of Delaware
    Judge: District Judge Andrews
    Attorneys: For plaintiff: Philip A. Rovner, Jonathan A. Choa, Potter Anderson & Corroon LLP, Wilmington, DE; Paul J. Andre, Lisa Kobialka, James Hannah, Kramer Levin Naftalis & Frankel LLP, Menlo Park, CA; Jonathan S. Caplan, Aaron M. Frankel, Marcus A. Colucci, Kramer Levin Naftalis & Frankel LLP, New York, NY for plaintiff.
    for defendant: Jack B. Blumenfeld, Brian P. Egan, MORRIS, Nichols, Arsht & Tunnell LLP, Wilmington, DE; William F. Lee, Sarah B. Petty, Kate Saxton, Wilmer Cutler Pickering Hale and Dorr LLP, Boston, MA; Amy Kreiger Wigmore, Wilmer Cutler Pickering Hale and Dorr LLP, Washington, D.C.; Mary (Mindy) V. Sooter, Nora Q.E. Passamaneck, Wilmer Cutler Pickering Hale and Dorr LLP, Denver, CO for defendant.
    Case Number: D69837

    Jury verdict of infringement under the doctrine of equivalents overturned where plaintiff's expert failed to offer a linking argument between the patent claims and the alleged equivalent infringing product, but instead merely offered generalized and conclusory testimony about their similarity.

  • SDF Funding LLC v. Fry

    Publication Date: 2022-05-31
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Court of Chancery
    Judge: Chancellor McCormick
    Attorneys: For plaintiff: John G. Harris, Berger Harris LLP, Wilmington, DE; Douglas R. Hirsch, Ben Hutman, James Ancone, Sadis & Goldberg LLP, New York, NY for plaintiffs.
    for defendant: Douglas D. Herrmann, Emily L. Wheatley, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE; Pamela S. Palmer, Kevin Crisp, Troutman Pepper Hamilton Sanders LLP, Los Angeles, CA for defendants.
    Case Number: D69830

    Plaintiffs could not pursue derivative claims that arose prior to the corporate defendant's acquisition of stock, where there were no exigent circumstances to warrant granting equitable standing or to look past the corporate forms to afford standing to the prior holding company's sole owner.

  • Sciabacuccchi v. Liberty Broadband Corp.

    Publication Date: 2022-05-17
    Practice Area: Mergers and Acquisitions
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Glasscock
    Attorneys: For plaintiff: Nathan A. Cook, Block & Leviton LLP, Wilmington, DE; Kurt M. Heyman, Aaron M. Nelson, Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Jason M. Leviton, Joel A. Fleming, Lauren G. Milgroom, Block & Leviton LLP, Boston, MA; Gregory V. Varallo, Andrew E. Blumberg, Bernstein Litowitz Berger & Grossmann LLP, Wilmington, DE; Alla Zayenchik, Thomas James, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for plaintiffs.
    for defendant: David C. McBride, Martin S. Lessner, James M. Yoch, Jr., Paul J. Loughman, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; William Savitt, Ryan A. McLeod, Anitha Reddy, Adam M. Gogolak, David E. Kirk, Zachary M. David, Wachtell, Lipton, Rosen & Katz, New York, NY; Peter J. Walsh, Jr., Brian C. Ralston, Tyler J. Leavengood, Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Richard B. Harper, Baker Botts LLP, New York, NY; Thomas E. O’Brien, Baker Botts LLP, Dallas, TX for defendants.
    Case Number: D69818

    Summary judgment on director fiduciary claims denied where the evidence was not so overwhelming for the court to find, as a matter of law, that a majority of directors were independent and thus the board could exercise its business judgment to enter into challenged transactions.