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Publication Date: 2024-04-08
Practice Area: Mergers and Acquisitions
Industry: Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Ned Weinberger, Mark Richardson, Brendan W. Sullivan, Labaton Sucharow LLP, Wilmington, DE; Peter B. Andrews, Craig J. Springer, David M. Sborz, Jackson E. Warren, Andrews & Springer LLC, Wilmington, DE; John Vielandi, Labtaton Sucharow LLP, New York, NY; Jeremy Friedman, David Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY; Douglas E. Julie, W. Scott Holleman, Garam Choe, Julie & Holleman LLP, New York, NY; Brian J. Robbins, Stephen J. Oddo, Robbins LLP, San Diego, CA for appellants.
for defendant: Kevin G. Abrams, Eric A. Veres, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Stefania D. Venezia, Amanda K. Pooler, Elizabeth M. Sytsma, Tanner S. Stanley, Weil, Gotshal & Manges LLP, New York, NY for appellees.
Case Number: 241, 2023
Chancery court erred in reviewing squeeze-out merger under business judgment review where proxy statement failed to disclose potential conflicts of interest of the special committee's financial and legal advisors.
Publication Date: 2024-02-12
Practice Area: Education Law
Industry: Education | Non-Profit | State and Local Government
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Max B. Walton, Lisa R. Hatfield, Erica K. Sefton, Connolly Gallagher LLP, Newark, DE; Wilson B. Davis, New Castle County Law Department, New Castle, DE; Krista M. Reale, Margolis Edelstein, Wilmington, DE; Craig T. Eliassen, Gary E. Junge, Schmittinger & Rodriguez, P.A., Dover, DE for appellants.
for defendant: Richard H. Morse, Community Legal Aid Society, Inc., Wilmington, DE; Dwayne Bensing, ACLU Foundation of Delaware, Inc., Wilmington, DE; Saul P. Morgenstern, Peta Gordon, Arnold & Porter Kaye Scholer LLP, New York, NY for appellees.
Case Number: 138, 2023
Chancery court erred in awarding fee shifting in public interest litigation where the case effectively obtained a benefit no greater than simply compelling the government to properly perform its duties.
Publication Date: 2024-01-15
Practice Area: Criminal Appeals
Industry:
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Nicole M. Walker, Santino Ceccotti, Office of the Public Defender, Wilmington, DE for appellant.
for defendant: Kathryn J. Garrison, Department of Justice, Wilmington, DE for appellee.
Case Number: 364, 2022
Defendant was not entitled to lesser-included offense instruction where there was no set of facts that would permit acquittal on the charged offense but could support conviction on a lesser-included offense.
Publication Date: 2023-11-20
Practice Area: Criminal Law
Industry:
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Nicole M. Walker, Office of the Public Defender, Wilmington, DE for appellant.
for defendant: Matthew C. Bloom, Delaware Department of Justice, Wilmington, DE for appellee.
Case Number: 2111004614(N)
Increasing sentence from suspended fine to term of incarceration did not violate double jeopardy where defendant lacked a reasonable expectation of finality in a larger sentencing plan and where the state's time to appeal the sentence had not yet elapsed.
Publication Date: 2023-09-18
Practice Area: Corporate Entities
Industry: Consulting | Energy | Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Michael W. McDermott, Richard I. G. Jones, Jr., David B. Anthony, Zachary J. Schnapp, Harry W. Shenton, IV, Berger Harris LLP, Wilmington, DE for appellants.
for defendant: A. Thompson Bayliss, Eric A. Veres, Abrams & Bayliss LLP, Wilmington, DE; Robert N. Hochman, Sidley Austin LLP, Chicago, IL, Margaret Hope Allen, Angela C. Zambrano, Yolanda Cornejo Garcia, Sidley Austin LLP, Dallas, TX; Robin Wechkin, Sidley Austin LLP, Issaquah, WA for appellee.
Case Number: 407, 2022
Court declined to disavow jurisprudence holding that parties to an LLC agreement could impose incurable voidness on purported transactions under the agreement since the Delaware Limited Liability Company Act gave broad contractual freedom in an operating agreement.
Law Journal Press | Digital Book
Authors: Michael R. Griffinger, Paul F. Cullum III
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Publication Date: 2023-07-03
Practice Area: Criminal Law
Industry:
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Patrick J. Collins, Collins & Price, Wilmington, DE for appellant.
for defendant: Brian Arban, Delaware Department of Justice, Wilmington, DE for appellee.
Case Number: 218, 2022
Errors in microscopic hair comparison forensic testimony did not compel postconviction relief where the errors did not exculpate defendant and the state presented other substantial evidence of defendant's guilt.
Publication Date: 2023-06-20
Practice Area: Mergers and Acquisitions
Industry: Automotive | Energy | Investments and Investment Advisory
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Jay W. Eisenhofer, Christine M. Mackintosh, Kelly L. Tucker, Vivek Upadhya, Grant & Eisenhofer P.A., Wilmington, DE; Michael Hanrahan, Kevin H. Davenport, Samuel L. Closic, Prickett, Jones & Elliott, P.A., Wilmington, DE; Daniel L. Berger, Grant & Eisenhofer P.A., New York, NY; Lee D. Rudy, Eric L. Zagar, Justice O. Reliford, Matthew Benedict, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Randall J. Baron, David T. Wissbroecker, Robbins Gellar Rudman & Dowd LLP, San Diego, CA for appellants.
for defendant: David E. Ross, Garrett B. Moritz, Ross Aronstam & Moritz LLP, Wilmington, DE; Evan R. Chesler, Daniel Slifkin, Vanessa A. Lavely, Cravath, Swaine & Moore LLP, New York, NY for appellee.
Case Number: 181, 2022
Chancery court correctly found acquisition of company partially owned by controlling stockholder was entirely fair where stockholder recused himself from shareholder vote, the board operated independently, and evidence demonstrated that the acquired company had value from long-term cash flows and was not worthless due to being insolvent.
Publication Date: 2023-03-28
Practice Area: Contractual Disputes
Industry:
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Steven P. Wood, Andrew S. Dupre, Travis J. Ferguson, McCarter & English, LLP, Wilmington, DE for appellant.
for defendant: Kevin M. Gallagher, Caroline M. McDonough, Richards, Layton & Finger, P.A., Wilmington, DE; Sarah A. Zielinski, Amy Starinieri Gilbert, McGuire Woods LLP, Chicago, IL for appellee.
Case Number: D70175
Chancery court correctly interpreted use of "and" in call right provision in employee option agreements as being several rather than conjunctive, where "and" was used in a permissive sentence and a conjunctive interpretation would render other provisions of the agreement surplusage.
Publication Date: 2023-01-31
Practice Area: Corporate Governance
Industry: Distribution and Wholesale | Pharmaceuticals
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: David Teklits, Sara Barry, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Jeffrey Alan Simes, Goodwin Proctor, LLP, New York, NY for appellants.
for defendant: Richard I.G. Jones, John G. Harris, Berger Harris LLP, Wilmington, DE for appellees.
Case Number: 184, 2022
The court affirmed the trial court's ruling that an irrevocable proxy did not run with majority shares and dismissed appellant's arguments that the court improperly relied on "extrinsic" evidence contained in the proxy's addendum as well as the Third Restatement, finding that the addendum fell within the proxy's four corners and that the law cited from the Third Restatement accurately reflected the same legal principles that were in place at the time the proxy was established.
Publication Date: 2022-08-30
Practice Area: Corporate Governance
Industry: Manufacturing
Court: Delaware Supreme Court
Judge: Justice Valihura
Attorneys: For plaintiff: Sean J. Bellew, Bellew, LLC, Wilmington, DE; Chris L. Gilbert, Gilbert PC, Dallas, TX for appellant.
for defendant: Richard P. Rollo, Travis S. Hunter, Renée Mosley Delcollo, Richards Layton & Finger, P.A., Wilmington, DE for appellee.
Case Number: D69938
Superior court erred in granting LLC judgment on claw back of indemnification where it failed to address defendant's allegations of bad faith by LLC in determining defendant's non-entitlement to indemnification.
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