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Publication Date: 2021-09-29
Practice Area: Securities Litigation
Industry: Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: David A. Felice, Bailey & Glasser, LLP, Wilmington, DE; Gregory Y. Porter, Ryan T. Jenny, Patrick O. Muench, Bailey & Glasser, LLP, Washington, DC; Daniel Feinberg, Todd Jackson, Feinberg, Jackson, Worthman & Wasow LLP, Berkeley, CA for plaintiff.
for defendant: Albert H. Manwaring, Kristen A. Zeberkiewicz, Morris James LLP; Michael J. Prame, Sarah M. Adams, Elizabeth L. Woods, Groom Law Group, Chartered, Washington, DC; Art C. Arnailla, Marshall Dennehey Warner Coleman & Goggin, P.C., Wilmington, DE; Mark A. Nebrig, Kristen J. Kenley, Moore & Van Allen PLLC, Charlotte, NC for defendants.
Case Number: D69557
Court declined to enforce arbitration clause in ERISA employee stock plan where there was a genuine issue of material fact as to whether employee had affirmatively assented to the arbitration clause.
Publication Date: 2021-09-22
Practice Area: Insurance Law
Industry: Insurance
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Donald L. Gouge, Jr., Donald L. Gouge, Jr., LLC, Wilmington, DE; Michael J. Miller, Joseph M. Kelleher, Philip J. Farinella, Cozen O’Connor, Philadelphia, PA for plaintiff.
for defendant: Kevin G. Abrams, John M. Seaman, Abrams & Bayliss LLP, Wilmington, DE; Harry S. Davis, Robert E. Griffin, Schulte Roth & Zabel LLP, New York, NY; Aislinn K. Affinito, Schulte Roth & Zabel LLP, Washington, DC for defendant.
Case Number: D69542
Promissory estoppel and negligent misrepresentation counterclaims failed where holder of stranger-owned life insurance policy could not succeed on a legal claim to require insurer to pay out on the illegal and void policy.
Publication Date: 2021-09-08
Practice Area: Bankruptcy
Industry: Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Norman L. Pernick, G. David Dean, Patrick J. Reilley, Cole Schotz, PC, Wilmington, DE; Monica K. Loseman, Gibson, Dunn & Crutcher LLP, Denver, CO; Randy M. Mastro, Akiva Shapiro, Michael L. Nadler, Gibson, Dunn & Crutcher LLP, New York, NY; Michael G. Farag, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for appellant.
for defendant: James L. Patton, Jr., Robert S. Brady, Michael R. Nestor, Joseph M. Barry, Ryan M. Bartley, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE for debtors.
Case Number: D69533
Bankruptcy court properly interpreted a disputed term based on the plain language of the contract itself, so extrinsic evidence was not necessary.
Publication Date: 2021-06-30
Practice Area: Business Torts
Industry: State and Local Government
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: James S. Green, Jr., Jared T. Green, Seitz, Van Ogtrop & Green, P.A., Wilmington, DEs for plaintiff.
for defendant: Joseph C. Handlon, Deputy Attorney General, State of Delaware Department of Justice, Wilmington, DE for defendants.
Case Number: D69448
Where state officials could initiate emergency suspension of plaintiff's license, plaintiff failed to allege procedural due process violation where plaintiff was advised of its right to request a hearing on the suspension and plaintiff could not refute the alleged existence of an emergency.
Publication Date: 2021-06-09
Practice Area: Bankruptcy
Industry: Financial Services and Banking | Energy | Real Estate
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Maria Aprile Sawczuk, Goldstein & McClintock, LLP, Wilmington, DE; George A. Barton, Taylor P. Foye, Barton and Burrows, LLC, Mission, KS for royalty claimants.
for defendant: Robert S. Brady, Edmon L. Morton, Kenneth J. Enos, Joseph M. Mulvihill, Young Conaway Stargatt & Tay-lor, LLP, Wilmington, DE; Duston K. McFaul, Maegan Quejada, Sidley Austin LLP, Houston, TX; David Kronenberg, Sidley Austin LLP, Washington, DC; Robert S. Velevis, Sidley Austin LLP, Dallas, TX for wind-down debtor. John H. Knight, Amanda R. Steele, David T. Queroli, Richards, Layton & Finger, P.A., Wilmington, DE; Ana Alfonso, Erin Ryan, Wilkie Farr & Gallagher LLP, New York, NY for Wells Fargo Bank.
Case Number: D69426
Royalty claimants were not entitled to an emergency stay in this appeal because they failed to show irrepa-rable harm or a likelihood of success.
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Publication Date: 2021-06-09
Practice Area: Contracts
Industry: Investments and Investment Advisory
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Aman K. Sharma, Igwe & Sharma, LLC, Wilmington, DE; E. Jordan Teague, Beau B. Brogdon, Campbell Teague LLC, Greenville, SC for plaintiff.
for defendant: Albert J. Carroll, P. Clarkson Collins, Jr., Christopher P. Quinn, Barnaby Grzaslewicz, Morris James LLP, Wilmington, DE for defendant.
Case Number: D69429
The court granted defendant's motion to dismiss because plaintiff alleged only an "agreement to agree" ra-ther than an enforceable contract.
Publication Date: 2021-05-19
Practice Area: Contractual Disputes
Industry: Software
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Ann M. Kashishian, Kashishian Law LLC, Wilmington, DE; Marlo J. Hittman, Law Office of Marlo J. Hittman, Livingston, NJ for plaintiffs.
for defendant: Marc S. Casarino, White & Williams LLP, Wilmington, DE; David M. Friebus, Baker & Hostetler LLP, Chica-go, IL for defendants.
Case Number: D69404
The court granted defendants' motion to dismiss plaintiffs' claims with prejudice, except for one claim per-taining to an earn-out provision.
Publication Date: 2021-04-21
Practice Area: Creditors' and Debtors' Rights
Industry: Financial Services and Banking | Federal Government
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Gabriel S.H. Hopkins, Jane M.E. Peterson, Stephen C. Jacques, Consumer Financial Protection Bureau, Washington, DC for plaintiff.
for defendant: Kurt M. Heyman, Melissa N. Donimirski, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Erik W. Haas, Peter W. Tomlinson, Joshua Kipnees, George A. LoBiondo, Jared Buszin, Devon Hercher, Peter Shakro, Patterson Belknap Webb & Tyler LLP, New York, NY; Stacey A. Scrivani, Stevens & Lee, P.C., Wilmington, DE; Nicholas H. Pennington, Stevens & Lee, P.C., King of Prussia, PA; Stephen B. Brauerman, Jason C. Jowers, Elizabeth A. Powers, Bayard, P.A., Wilmington, DE for intervenors.
Case Number: D69366
Where CFPB director lacked constitutional authority to initiate an enforcement action, failure of the agency to take diligent action to preserve its enforcement rights meant that ratification by validly appointed director outside the statute of limitation was untimely.
Publication Date: 2021-04-07
Practice Area: Discovery
Industry: Energy
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Daniel Bartley Rath, Rebecca Lyn Butcher, Jennifer L. Cree, Landis Rath & Cobb LLP, Wilmington, DE; Nicolas Bourtin, Beth D. Newton, Michele C. Materni, Sullivan & Cromwell LLP, New York, NY for applicant.
for defendant: David E. Ross, Ross Aronstam & Moritz LLP, Wilmington, DE for respondents.
Case Number: D69352
Court granted ex parte application for discovery for use in foreign proceedings where arbitration established by international treaty qualified as a foreign proceeding and where parties seeking to quash subpoenas failed to show the discovery would be inadmissible in foreign proceedings or that those proceedings had already denied similar discovery demands.
Publication Date: 2021-03-31
Practice Area: Bankruptcy
Industry: Insurance
Court: U.S. District Court of Delaware
Judge: District Judge Noreika
Attorneys: For plaintiff: Frederick B. Rosner, Zhao (Ruby) Liu, The Rosner Law Group LLC, Wilmington, DE; Douglas H. Wigdor, Bryan L. Arbeit, Wigdor LLP, New York, NY; Kevin Mintzer, The Law Office Of Kevin Mintzer, P.C., New York, NY; Thomas P. Giuffra, Rheingold Giuffra Ruffo & Plotkin LLP, New York, NY for appellants.
for defendant: Robert J. Feinstein, Debra I. Grassgreen, Jason H. Rosell, Colin R. Robinson, Pachulski Stang Ziehl & Jones LLP, Wilmington, DE for appellee.
Case Number: D69342
Bankruptcy court properly approved non-consensual third-party releases of insurers and directors/officers in liquidation plan where releases necessary to secure funds from released parties needed to satisfy creditor claims.
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