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Publication Date: 2022-09-27
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Thomas A. Uebler, Joseph L. Christensen, McCollum D’Emilio Smith Uebler LLC, Wilmington, DE for plaintiff
for defendant: Ryan D. Stottmann, Miranda N. Gilbert, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for defendants.
Case Number: 2021-0406-MTZ
Declaratory judgment action to declare release language in letter of transmittal unenforceable was not ripe where declaratory judgment would provide no benefit to the litigants as the release did not preclude the filing of a fiduciary claim where the release could be asserted as a defense to liability and resolved in that fiduciary action.
Publication Date: 2022-09-20
Practice Area: Family Law
Industry: Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Fallon
Attorneys: For plaintiff:
for defendant:
Case Number: 22-mc-80-RGA-SRF
Court compelled compliance with subpoena served upon Delaware corporation where company's objections were untimely filed and some of the records sought were relevant to applicant's marital property distribution proceedings in a foreign court as applicant's ex-husband was the main shareholder of the corporation.
Publication Date: 2022-09-13
Practice Area: Deals and Transactions
Industry: E-Commerce | Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Michael Hanrahan, J. Clayton Athey, Corinne E. Amato, Kevin H. Davenport, Jason W. Rigby, Stacey A. Greenspan, Prickett, Jones & Elliott, P.A., Wilmington, DE; Eric L. Zagar, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiffs.
for defendant: Blake K. Rohrbacher, Matthew W. Murphy, Sandy Xu, Richards, Layton & Finger, P.A., Wilmington, DE; Maeve O’Connor, Susan R. Gittes, Debevoise & Plimpton LLP, New York, NY; William M. Lafferty, John P. DiTomo, Elizabeth A. Mullin, Morris Nichols Arsht & Tunnell, Wilmington, DE; Theodore N. Mirvis, Alexandra P. Sadinsky, Canem Ozyildirim, Wachtell, Lipton, Rosen & Katz LLP, New York, NY; David E. Ross, Adam D. Gold, Ross Aronstam & Moritz LLP, Wilmington, DE; Blaire Connelly, Latham & Watkins LLP, New York, NY for defendants.
Case Number: 2020-0505-MTZ
The court granted a motion to dismiss a complaint challenging a multi-step spinoff initiated by a corporation's controller.
Publication Date: 2022-09-06
Practice Area: Contracts
Industry: Consulting | Software | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Patricia L. Enerio, Jamie Brown, Heyman Enerio Gattuso & Hirzel, Wilmington, DE; Gerry Silver, Sullivan & Worcester LLP, New York, NY for plaintiff.
for defendant: Steven T. Margolin, Samuel L. Moultrie, Greenberg Traurig LLP, Wilmington, DE for defendant.
Case Number: D69944
Account stated claim dismissed where duplicative of a well-pleaded breach of contract claim and where plaintiff had failed to adequately plead the existence of a debt or account or defendant's express admission to an amount due under such account or debt.
Publication Date: 2022-08-30
Practice Area: Securities Litigation
Industry: Retail | Technology Media and Telecom
Court: U.S. Court of Appeals for the Third Circuit
Judge: Judge Greenaway
Attorneys: For plaintiff:
for defendant:
Case Number: D69937
Court affirmed district court's dismissal of claims under federal and state securities law finding that a failure to disclose the possibility that legal action could result as a part of an asset acquisition did not qualify as a material fact for the purposes of omission arguments.
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Publication Date: 2022-08-02
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom
Court: Delaware Supreme Court
Judge: Justice Montgomery-Reeves
Attorneys: For plaintiff: Gregory P. Williams, Brock E. Czeschin, Christian C.F. Roberts, Richards, Layton, & Finger, P.A., Wilmington, DE; John C. Dwyer, Patrick E. Gibbs, Claire A. McCormack, Cooley LLP, Palo Alto, CA for appellant.
for defendant: Seth D. Rigrodsky, Gina M. Serra, Herbert W. Mondros, Rigrodsky Law, P.A., Wilmington, DE; Frank R. Schirripa, Hillary Nappi, Hach Rose Schirripa & Cheverie LLP, New York, NY; Gregory Mark Nespole, Daniel Tepper, Levi & Korsinsky, LLP, New York, NY; Travis E. Downs III, Erik W. Luedeke, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Thomas J. McKenna, Gregory M. Egleston, Gainey McKenna & Egleston, New York, NY; Beth A. Keller, Monteverde & Associates PC, New York, NY for appellees.
Case Number: D69906
Stockholders in §220 action could not rely on their own hearsay evidence to prove proper purpose where they refused to identify potential witnesses to permit the company the opportunity to conduct depositions.
Publication Date: 2022-07-26
Practice Area: Copyrights
Industry: E-Commerce | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Bibas
Attorneys: For plaintiff: Ifedoo Enigwe, Philadelphia, PA, pro se plaintiff.
for defendant: Brandon Ryan Harper, Potter Anderson & Corroon LLP, Wilmington, DE; Craig E. Pinkus, Philip Zimmerly, Bose McKinney & Evans LLP, Indianapolis, IN; Alan Richard Silverstein, Connolly Gallagher LLP, Wilmington, DE; Nicholas D. Mozal, Potter Anderson & Corroon, LLP, Wilmington, DE for defendants.
Case Number: D69896
Although plaintiff alleged plausible copyright infringement claim pursuant to his original agreement with his publisher, the applicability of a later settlement between plaintiff and publisher had to be resolved by an Indiana court pursuant to the settlement's forum selection clause.
Publication Date: 2022-07-19
Practice Area: Corporate Governance
Industry: Consulting | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Wharton
Attorneys: For plaintiff: Daniel M. Silver, Johanna Peuscher-Funk, McCarter & English, LLP, Wilmington, DE for plaintiff.
for defendant: John G. Harris, Berger Harris LLP, Wilmington, DE; Meredith Sharoky Paley, Spiro Harrison, Short Hills, NJ; Jason Charles Spiro, Spiro Harrison, Red Bank, NJ for defendant.
Case Number: D69887
Court lacked personal jurisdiction over purported shareholder of party to asset purchase agreement, where the purported shareholder had no contacts with Delaware and the court declined to enforce the forum selection clause in the APA as the shareholder was not a signatory to that contract.
Publication Date: 2022-07-12
Practice Area: Business Torts
Industry: Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Rennie
Attorneys: For plaintiff: Bruce E. Farnan, Michael J. Farnan, Farnan LLP; Thomas A. Clare, Megan L. Meier, Amy M. Roller, Clare Locke LLP for plaintiff.
for defendant: Thomas E. Hanson, Jr., Barnes & Thornburg LLP; Rachel Strom, Jeremy Chase, Nimra H. Azmi, Davis Wright Tremaine LLP for defendant.
Case Number: D69885
News article was not defamation per se where the facts communicated in the article supported the overall gist of the article, and plaintiff failed to plead facts showing the publisher's actual malice.
Publication Date: 2022-07-05
Practice Area: Personal Injury
Industry: Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Davis
Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; Rodney Smolla, Wilmington, DE; Thomas A. Clare, Megan L. Meier, Dustin A. Pusch, Daniel P. Watkins, Clare Locke LLP, Alexandria, VA; Justin A. Nelson, Brittany Fowler, Susman Godfrey LLP, Houston, TX; Stephen Shackelford, Jr., Elisha Barron, Susman Godfrey LLP, New York, NY; Davida Brook, Susman Godfrey LLP, Los Angeles, CA; Stephen E. Morrissey, Susman Godfrey LLP, Seattle, WA for plaintiffs.
for defendant: John L. Reed, Ronald N. Brown, III, DLA Piper LLP (US), Wilmington, DE; Eric M. George, Katherine A. Petti, Ellis George Cipollone O’Brien Annaguey LLP, Los Angeles, CA for defendants.
Case Number: D69873
Parent corporation could be held directly liable for defamation per se by subsidiary news outlet where parent company executives were alleged to be intimately involved in the outlet's operations and to have not believed the veracity or validity of the defamatory news broadcasts and articles.
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