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  • Weinstein v. Luxeyard, Inc.

    Publication Date: 2022-02-01
    Practice Area: Contracts
    Industry: Investments and Investment Advisory | Retail
    Court: Delaware Superior Court
    Judge: Judge Adams
    Attorneys: For plaintiff: Julia B. Klein, Klein, LLC, Wilmington, DE, for plaintiffs.
    for defendant: Ann M. Kashishian, Kashishian Law, LLC, Wilmington, DE; Jack J. Nichols, Jack J. Nichols, P.C., Houston, TX for defendant.
    Case Number: D69697

    The court held that the convertible debentures at issue were conditional because they contained an express condition for payment which made the agreement a contract and not a negotiable instrument.

  • Brown v. Matterport, Inc.

    Publication Date: 2022-01-25
    Practice Area: Contracts
    Industry: Technology Media and Telecom
    Court: Court of Chancery
    Judge: Vice Chancellor Will
    Attorneys: For plaintiff: Thomas A. Uebler, Joseph Christensen, McCollom D’Emilio Smith Uebler LLC, Wilmington, DE; Edward D. Totino, Benjamin W. Turner, Baker Mckenzie LLP, Los Angeles, CA for plaintiff.
    for defendant: Robert L. Burns, Daniel E. Kaprow, Richards, Layton & Finger, P.A., Wilmington, DE; Michele Johnson, Kristin Murphy, Lat-ham & Watkins LLP, Costa Mesa, CA; Colleen Smith, Latham & Watkins LLP, San Diego, CA for defendants.
    Case Number: D69686

    The court held that plaintiff's shares were not Lockup Shares as defined in the bylaws adopted prior to the business combination between the Special Purpose Acquisition Company and plaintiff's former company, such that plaintiff was free to trade them immediately upon receipt. Relief in Count I granted.

  • Murphy Marine Serv., Inc. v. Dole Fresh Fruit Co.

    Publication Date: 2022-01-25
    Practice Area: Contracts
    Industry: Cargo and Shipping | Food and Beverage
    Court: U.S. District Court of Delaware
    Judge: District Judge Bibas
    Attorneys: For plaintiff: Geoffrey G. Grivner, Andrew Hope, Craig Mills, Buchanan Ingersoll & Rooney P.C., Wilmington, DE; George R. Zacharkow, Deasey, Mahoney & Valentini, LTD, Philadelphia, PA for plaintiff.
    for defendant: Frank P. DeGiulio, Kevin G. O’Donovan, Michael B. McCauley, Palmer, Biezup & Henderson, Wilmington, DE; Michael B. McCauley, Palmer, Biezup & Henderson, Wilmington, DE for defendants.
    Case Number: D69690

    The court held that plaintiff successfully pled a cause of action for promissory estoppel where it alleged defendant promised to pay the new tariff, that plaintiff relied on that promise, and that plaintiff suffered harm when Dole refused to pay. Motion to dismiss denied. However, plaintiff's claim for promissory fraud and punitive damages failed to state the mandatory requirements that defendant knew their statements about reimbursement were false and that defendant had a meritorious defense such that punitive damages were not applic

  • The Am. Bottling Co. v. BA Sports Nutrition, LLC

    Publication Date: 2022-01-04
    Practice Area: Contracts
    Industry: Distribution and Wholesale | Food and Beverage
    Court: Delaware Superior Court
    Judge: Judge LeGrow
    Attorneys: For plaintiff: Garrett B. Moritz, Elizabeth M. Taylor, Ross Aronstam & Moritz LLP, Wilmington, DE, Robert C. Walters, Russell H. Falconer, Sophie C. Rohnke, Andrew H. Bean, Megan Z. Hulce, Emily A. Jorgens, Gibson Dunn & Crutcher LLP, Dallas, TX for plaintiff.
    for defendant: A. Thompson Bayliss, Daniel J. McBride, Abrams & Bayliss LLP, Wilmington, DE, David H. Bernstein, Jyotin Hamid, Jared I. Kagan, Matthew J. Petrozziello, Danielle Vildostegui, Sebastian Dutz, Debevoise & Plimpton, New York, NY; Rolin P. Bissell, James M. Yoch, Jr., Michael A Laukaitis II, Kevin P. Rickert, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE, Michael C. Holmes, Craig E. Zieminski, Andrew E. Jackson, Vinson & Elkins LLP, Dallas, TX, for defendants.
    Case Number: D69665

    The court ruled on three motions for summary judgment.

  • Light Years Ahead, Inc. v. Valve Acquisition, LLC

    Publication Date: 2022-01-04
    Practice Area: Contracts
    Industry: Manufacturing
    Court: Delaware Superior Court
    Judge: Judge Brennan
    Attorneys: For plaintiff:
    for defendant:
    Case Number: D69666

    The court held that 1) defendant did not breach its contract with plaintiff by failing to allow plaintiff to assume control of a pre-closing tax matter, 2) plaintiff failed to plead damages, 3) allegations of breach of lease agreements were dealt with in a previous settlement agreement so could not be re-litigated, 4) plaintiff properly pled elements of breach of implied covenant of good faith but did not properly plead elements to support declaratory judgment or intentional infliction of emotional distress. Motion to dismiss granted

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  • Surf's Up Legacy Partners LLC v. Virgin Fest, LLC

    Publication Date: 2021-12-28
    Practice Area: Contracts
    Industry: Entertainment and Leisure | Legal Services
    Court: Delaware Superior Court
    Judge: Judge Wallace
    Attorneys: For plaintiff: Theodore A. Kittila, James G. MacMillan, III, Halloran Farkas + Kittila LLP, Wilmington, DE; Eric M. George, Kim S. Zeldin, Browne George Ross LLP, Los Angeles CA for plaintiffs.
    for defendant: Robert K. Beste, Jason Z. Miller, Smith, Katzenstein & Jenkins LLP, Wilmington, DE; Marvin S. Putnam, Jessica Stebbins Bina, R. Peter Durning, Jr., Latham & Watkins LLP, Los Angeles, CA for defendants.
    Case Number: D69659

    Motion of law firm to intervene to attach an attorney's lien for a judgment for unpaid legal fees denied where firm's right to attach the lien was contractually limited only to causes of actions that were the subject of the engagement agreement, and the firm sought to intervene in a completely unrelated legal action.

  • Hologram, Inc. v. Caplan

    Publication Date: 2021-12-28
    Practice Area: Contracts
    Industry: E-Commerce
    Court: Court of Chancery
    Judge: Chancellor McCormick
    Attorneys: For plaintiff: Michael A. Barlow, Abrams & Bayliss LLP, Wilmington, DE; Michael C. Tu, Peter J. Brody, Cooley LLP, Santa Monica, CA for plaintiff.
    for defendant: Peter B. Ladig, Justin C. Barrett, Bayard, P.A., Wilmington, DE; Kenneth S.Ulrich, W. Kyle Walther, Goldberg Kohn LTD., Chicago, IL for defendant.
    Case Number: D69656

    The court held that plaintiff was entitled to a preliminary injunction to prevent defendant from pursuing arbitration against plaintiff where plaintiff will likely show that it never agreed to arbitrate defendant's claims.

  • Trumbull Radiologists, Inc. v. Premier Imaging TRI Holdings LLC

    Publication Date: 2021-12-14
    Practice Area: Contracts
    Industry: Health Care | Investments and Investment Advisory
    Court: Delaware Superior Court
    Judge: Judge Johnston
    Attorneys: For plaintiff: Dominick T. Gattuso, Aaron M. Nelson, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Anthony J. O’Malley, Rajeev K. Adlakha, Karey E. Werner, Vorys, Sater, Seymour and Pease LLP, Cleveland, OH for plaintiffs
    for defendant: D. McKinley Measley, Sabrina M. Hendershot, Michael J. Slobom, Jr., Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Britt K. Latham, Bass Berry & Sims PLC, Nashville, TN; Shayne R. Clinton, Bass Berry & Sims PLC, Knoxville, TN for defendants
    Case Number: D69642

    The court held that plaintiffs properly pled claims of both breach of contract and breach of the implied covenant of good faith and fair dealing; at the pleadings stage, plaintiffs were allowed to maintain both claims. Motion to dismiss denied.

  • Leaseweb USA, Inc. v. Centro, Inc.

    Publication Date: 2021-12-07
    Practice Area: Contracts
    Industry: E-Commerce | Technology Media and Telecom
    Court: Delaware Superior Court
    Judge: Judge Carpenter
    Attorneys: For plaintiff: Carl D. Neff, Fisher Broyles, LLP, Wilmington, DE; William J. Akins, Fisher Broyles, LLP, Austin, TX for plaintiff.
    for defendant: Peter J. Walsh, Jr., Clarissa R. Chenoweth-Shook, Potter Anderson & Corroon LLP, Wilmington, DE for defendant.
    Case Number: D69634

    The court held that because plaintiff and defendant produced plausible interpretations of the term at issue, it made the contract ambiguous and not appropriate for summary judgment.

  • Bandera Master Fund, LP v. Boardwalk Pipeline Partners, LP

    Publication Date: 2021-11-30
    Practice Area: Contracts
    Industry: Energy | Investments and Investment Advisory
    Court: Court of Chancery
    Judge: Vice Chancellor Laster
    Attorneys: For plaintiff: A. Thompson Bayliss, J. Peter Shindel, Jr., Daniel G. Paterno, Eric A. Veres, Samuel D. Cordle, Abrams & Bayliss LLP, Wilmington, DE for plaintiffs.
    for defendant: Srinivas M. Raju, Blake Rohrbacher, Matthew D. Perri, John M. O’Toole, Richards, Layton & Finger, P.A., Wilmington, DE; Rolin P. Bissell, Young Conaway Stargatt & Taylor LLP, Wilmington, DE; Daniel A. Mason, Paul, Weiss, Rifkind, Wharton & Garrison LLP, Wilmington, DE; Stephen P. Lamb, Andrew G. Gordon, Harris Fischman, Robert N. Kravitz, Carter E. Greenbaum, Paul, Weiss, Rifkind, Wharton & Garrison LLP, New York, NY; Lawrence Portnoy, Charles S. Duggan, Gina Cora, Davis Polk & Wardwell LLP, New York, NY, for defendants.
    Case Number: D69622

    The court held that the General Partner breached the partnership agreement by exercising the call right without first satisfy-ing the Opinion Condition or the Acceptability Condition.