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Publication Date: 2021-12-14
Practice Area: Creditors' and Debtors' Rights
Industry: Financial Services and Banking
Court: Delaware Superior Court
Judge: Judge LeGrow
Attorneys: For plaintiff: Steven M. Miller, K. Tyler O’Connell, Barnaby Grzaslewicz, Morris James, Wilmington, DE; John F. Isbell, Law Offices of John F. Isbell, LCC, Atlanta, GA for plaintiffs.
for defendant: Michael A. Weidinger, Megan Brison, Pickney, Weidinger, Urban & Joyce LLC, Wilmington, DE; Joshua Krakowsky, Davidoff Hutch-er & Citron LLP, New York, NY for defendant.
Case Number: D69641
The court held that the promissory notes at issue contained plain, unambiguous terms that did not waive the unsecured credi-tor's right to agree to any modification of the agreement such that defendant's unilateral modification of the due date of the promissory notes was invalid. Motion for judgment on the pleadings granted.
Publication Date: 2021-11-16
Practice Area: Contracts
Industry: Financial Services and Banking | Consulting | Software
Court: Court of Chancery
Judge: Vice Chancellor Fioravanti
Attorneys: For plaintiff: Thad J. Bracegirdle, Bayard, P.A., Wilmington, DE; David A. Battaglia, Gibson, Dunn & Crutcher LLP, Los Angeles, CA for plaintiff.
for defendant: Jeffrey L. Moyer, Travis S. Hunter, Nicole K. Pedi, Richards Layton & Finger, P.A., Wilmington, DE for defendant.
Case Number: D69608
The court held that plaintiff failed to show that defendant engaged in contemptuous conduct constituting a violation of a previously issued court order under the preponderance of the evidence standard for contempt claims.
Publication Date: 2021-11-09
Practice Area: Employment Litigation
Industry: Financial Services and Banking
Court: Delaware Superior Court
Judge: Judge Jurden
Attorneys: For plaintiff: Donald E. Marston, Doroshow, Pasquale, Krawitz & Bhaya, Newark, DE for appellant.
for defendant: H. Garrett Baker, Elzufon, Austin & Mondell, Wilmington, DE for appellee.
Case Number: D69601
The Industrial Accident Board's denial of claimant's request for continuance was not unreasonable or capricious where claimant's need for time to find a new medical expert did not constitute good cause.
Publication Date: 2021-11-02
Practice Area: Corporate Governance
Industry: Financial Services and Banking
Court: Court of Chancery
Judge: Chancellor McCormick
Attorneys: For plaintiff: Kevin H. Davenport, John G. Day, Prickett, Jones & Elliott, P.A., Wilmington, DE for plaintiffs.
for defendant: Art. C. Aranilla, Marshall Dennehey Warner Coleman & Goggin, Wilmington, DE; Brett A. Scher, Patrick M. Kennell, Kaufman Dolowich & Voluck, LLP, New York, NY for defendant.
Case Number: D69591
Motion to dismiss challenge to board election denied where motion referred to documents outside of the pleadings, requiring conversion of the motion to one for summary judgment, under which standard the court determined that further factfinding was required.
Publication Date: 2021-10-06
Practice Area: Corporate Governance
Industry: Financial Services and Banking | Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Christine M Mackintosh, Kimberly A. Evans, Michael D. Bell, Vivek Upadhya, Grant & Eisenhofer P.A., Wilmington, DE; Jeroen van Kwawegen, Christopher J. Orrico, Andrew E. Blumberg, Bernstein Litowitz Berger & Grossmann LLP, New York, NY for plaintiffs.
for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Richards, Layton & Finger, P.A., Wilmington, DE; Joseph De Simone, Michelle J. Annunziata, Michael Rayfield, Mayer Brown LLP, New York, NY; Matthew E. Fenn, Mayer Brown LLP, Chicago, IL; C. Barr Flinn, Paul Loughman, Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Eric Leon, Nathan Taylor, Latham & Watkins LLP, New York, NY for defendants.
Case Number: D69563
Genuine issues of material fact precluded summary judgment on the issue of demand futility, but the court dismissed claims against two director defendants in this derivative action.
Law Journal Press | Digital Book
Authors: Hal R. Lieberman, J. Richard Supple, Jr., Harvey Prager
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Publication Date: 2021-09-22
Practice Area: Bankruptcy
Industry: Financial Services and Banking | Construction | State and Local Government
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Phipps
Attorneys: For plaintiff:
for defendant:
Case Number: D69543
Proof of claim arising from unpaid contractor invoices properly dismissed where California law prohibited payment for unlicensed contractor work performed in the state.
Publication Date: 2021-09-08
Practice Area: Corporate Entities
Industry: Financial Services and Banking
Court: Court of Chancery
Judge: Vice Chancellor Slights
Attorneys: For plaintiff: Michael A. Barlow, Abrams & Bayliss LLP, Wilmington, DE; William A. Burck, Alexander J. Merton, Quinn Emanuel Urquhart & Sullivan, LLP, Washington, DC; Rollo C. Baker, Quinn Emanuel Urquhart & Sullivan, LLP. New York, NY for plaintiff.
for defendant: David J. Margules, Elizabeth A. Sloan, Ballard Spahr LLP, Wilmington, DE; Jason Cyrulnik, Paul Fattaruso, Roche Cyrulnik Freedman LLP, Brooklyn, NY; Devin Freedman, Roche Cyrulnik Freedman LLP, Miami, FL; Raymond J. DiCamillo, Daniel E. Kaprow, Megan E. O’Connor, Richards, Layton & Finger, P.A., Wilmington, DE; Marc E. Kasowitz, Daniel R. Benson, Mark P. Ressler, Sarmad M. Khojasteh, Joshua N. Paul, Kasowitz Benson Torres LLP, New York, NY; Albert H. Manwaring, IV, Albert J. Carroll, Morris James LLP, Wilmington, DE; Dane H. Butswinkas, David S. Blatt, Matthew B. Nicholson, Tanya M. Abrams, Williams & Connolly LLP, Washington, DC for defendants.
Case Number: D69528
Court granted a partial stay in fraud action where resolution of the case required rulings on foreign law that were currently being resolved in a related pending suit in that foreign court.
Publication Date: 2021-09-01
Practice Area: Insurance Litigation
Industry: Financial Services and Banking | Insurance
Court: Delaware Superior Court
Judge: Judge Johnston
Attorneys: For plaintiff: Brian M. Rostocki, Reed Smith LLP, Wilmington, DE; Lilit Asadourian, Reed Smith LLP, Los Angeles, CA; Thomas A. Marrinson, Reed Smith LLP, Chicago, IL for plaintiff.
for defendant: Robert J. Katzenstein, Katzenstein & Jenkins LLP, Wilmington, DE; David Newmann, Jessica K. Jacobs, Hogan Lovells US LLP, Chicago, IL for defendants.
Case Number: D69523
A civil investigative demand in an action under the False Claims Act constituted a claim under plaintiff's insurance policy, so defendant insurer was obligated to advance defense costs.
Publication Date: 2021-09-01
Practice Area: Legal Malpractice
Industry: Financial Services and Banking | Legal Services | Real Estate
Court: Delaware Supreme Court
Judge: Justice Vaughn
Attorneys: For plaintiff: Patrick K. Gibson, Ippoliti Law Group, Wilmington, DE for appellants.
for defendant: Carol A. Vanderwoude, Marshall Dennehey Warner Coleman & Goggin, P.C., Philadelphia, PA, Art C. Aranilla, Marshall Dennehey Warner Coleman & Goggin, P.C., Wilmington, DE for appellee.
Case Number: D69520
Former clients sufficiently pled legal malpractice cause of action by alleging that legal counsel negligently advised clients to pursue litigation strategy that had no merit, resulting in clients incurring unnecessary litigation expense.
Publication Date: 2021-08-04
Practice Area: Business Torts
Industry: Financial Services and Banking | Investments and Investment Advisory | Software
Court: Delaware Superior Court
Judge: Judge Davis
Attorneys: For plaintiff: Bartholomew J. Dalton, Michael C. Dalton, Dalton & Associates, P.A., Wilmington, DE; Barry S. Simon, Jonathan B. Pitt, Stephen Wohlgemuth, Williams & Connolly LLP, Washington, DC for plaintiffs.
for defendant: Blake Rohrbacher, Kelly E. Farnan, Kevin M. Gallagher, Katharine L. Mowrey, Ryan D. Konstanzer, Rich-ards, Layton & Finger, P.A., Wilmington, DE; John C. Hueston, Moez M. Kaba, Hueston Hennigan LLP, Los Angeles, CA; Kevin J. Orsini, Rory A. Leraris, Cravath Swaine & Moore LLP, New York, NY; Elena C. Nor-man, Paul J. Loughman, Lakshmi A. Muthu, Caleb G. Johnson, Young Conaway Stargatt & Taylor LLP, Wil-mington, DE; John Douglas Bethay III, Maynard Cooper & Gale LLP, Birmingham, AL for defendants.
Case Number: D69489
The court denied plaintiffs' motions in limine with respect to defense experts, because those witnesses had specialized and relevant knowledge.
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