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Publication Date: 2024-01-08
Practice Area: Mergers and Acquisitions
Industry: Financial Services and Banking | Investments and Investment Advisory | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Zurn
Attorneys: For plaintiff: Thomas Curry, Tayler D. Bolton, Saxena White P.A., Wilmington, DE; David Wales, Saxena White P.A., White Plains, NY; Adam Warden, Saxena White P.A., Boca Raton, FL; Peter B. Andrews, Craig J. Springer, David M. Sborz, Andrew J. Peach, Jackson E. Warren, Jacob D. Jeifa, Wilmington, DE, Andrews & Springer LLC for plaintiff.
for defendant: Garrett B. Moritz, S. Reiko Rogozen, Ross Aronstam & Moritz LLP, Wilmington, DE; Steven M. Farina, George A. Borden, Brian T. Gilmore, Williams & Connolly LLP, Washington, DC; William M. Lafferty, Ryan D. Stottmann, Rachel R. Tunney, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Tariq Mundiya, Jeffrey B. Korn, Richard Li, Ciara A. Sisco, Willkie Farr & Gallagher LLP, New York, NY for defendants.
Case Number: 2022-0846-MTZ
Plaintiff failed to plead demand futility for derivative complaint where controller's ability to remove board members by itself could not establish a lack of independence and a majority of the board's financial ties did not prevent them from exercising independent judgment.
Publication Date: 2024-01-08
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Legal Services | Technology Media and Telecom
Court: Court of Chancery
Judge: Vice Chancellor Laster
Attorneys: For plaintiff: Joel Friedlander, Jeffrey M. Gorris, Christopher M. Foulds, Friedlander & Gorris, P.A., Wilmington, DE; Julie Goldsmith Reiser, Molly J. Bowen, Brendan Schneiderman, Cohen Milstein Sellers & Toll PLLC, Washington, DC; Katherine Lubin Benson, Lieff Cabraser Heimann & Bernstein, LLP, San Francisco, CA; Nicholas Diamond, Gabriel A. Panek, Lieff Cabraser Heimann & Bernstein, LLP, New York, NY; Ellen Rosenblum, Attorney General, Brian A. de Haan, Senior Assistant Attorney General, Oregon Department of Justice, Portland, OR; Andrew E. Blumberg, Daniel E. Meyer, Bernstein Litowitz Berger & Grossman LLP, Wilmington, DE; Ned Weinberger, Labaton Sucharow LLP, Wilmington, DE; Christopher H. Lyons, Tayler D. Bolton, Robbins Geller Rudman & Dowd LLP, Wilmington, DE; Randall J. Baron, David A. Knotts, Robbins Geller Rudman & Dowd LLP, San Diego, CA; Lee Rudy, Eric L. Zagar, Geoffrey C. Jarvis, Kessler Topaz Meltzer & Check, LLP, Radnor, PA; Jeremy Friedman, David Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY for plaintiffs.
for defendant:
Case Number: 2023-0418-JTL
Court granted the application of a plaintiff team to lead a consolidated derivative action where counsel had organized the stronger litigation team and the selected plaintiffs consistent of public agencies/officials with extensive financial experience.
Publication Date: 2024-01-01
Practice Area: Insurance Law
Industry: Insurance | Investments and Investment Advisory | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Seitz
Attorneys: For plaintiff: Kurt M. Heyman, Aaron M. Nelson, Kelly E. Rowe, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Scott B. Schreiber, William C. Purdue, Samuel I. Ferenc, Matthew L. Farley, Arnold & Porter Kaye Scholer LLP, Washington, D.C.; Bruce E. Jameson, John G. Day, Prickett, Jones, & Elliott, P.A., Wilmington, DE; Tammy Yuen, Juan Luis Garcia, Skarzynski Marick & Black, LLP, New York, NY; Robert J. Katzenstein, Smith Katzenstein & Jenkins LLP, Wilmington, DE; Ronald P. Schiller, Daniel J. Layden, Hangley Aronchik Segal Pudlin & Schiller, Philadelphia, PA; Michael R. Goodstein, Bailey Cavalieri, Columbus, OH; Thomas J. Judge, Jason C. Reichlyn, Dykema Gossett, PLLC, Washington, D.C. for appellants.
for defendant: Jennifer C. Wasson, Carla M. Jones, Potter Anderson & Corroon LLP, Wilmington, DE; Robin L. Cohen, Keith McKenna, Meredith Elkins, Cohen Ziffer Frenchman & McKenna LLP, New York, NY for appellees.
Case Number: 478, 2022
Superior court erred in finding fraudulent transfer claims filed by a bankruptcy litigation trust to be derivative and falling under the definition of a "securities" claim in a corporate insurance policy where such claims only benefitted creditors rather than the company and thus were direct in nature.
Publication Date: 2023-12-25
Practice Area: Patent Litigation
Industry: Consumer Products | Manufacturing | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Burke
Attorneys: For plaintiff: Kenneth L. Dorsney, Cortlan S. Hitch, Morris James LLP, Wilmington, DE; Robert L. Maier, Jennifer C. Tempesta, Michael E. Knierim, Nick Palmieri, Baker Botts L.L.P., New York, NY; Sarah J. Guske, Baker Botts L.L.P., San Francisco, CA for plaintiff.
for defendant: Karen Jacobs, Michael J. Flynn, Cameron P. Clark, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Anupam Sharma, Robert T. Haslam, Covington & Burling LLP, Palo Alto, CA; Richard L. Rainey, Han Park, Covington & Burling LLP, Washington, DC for defendant.
Case Number: 22-987-CJB
Receipt of notice of infringement only a day prior to the filing of the complaint was insufficient to charge defendant with pre-suit knowledge of the asserted patents.
Publication Date: 2023-12-25
Practice Area: Corporate Entities
Industry: Investments and Investment Advisory | Real Estate | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Bryson
Attorneys: For plaintiff:
for defendant:
Case Number: 22-785-WCB
Internal affairs doctrine did not prohibit federal court from exercising inherent powers to appoint receiver for foreign corporation under that corporation's home state's laws.
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Publication Date: 2023-12-11
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Technology Media and Telecom | Transportation
Court: Court of Chancery
Judge: Vice Chancellor Will
Attorneys: For plaintiff: Stephen E. Jenkins, Richard D. Heins, Ashby & Geddes, P.A., Wilmington, DE; Renee M. Zaytsev, Constance M. Boland, Ned Babbitt, Thompson Hine LLP, New York, NY; Thomas Palmer, Thompson Hine LLP, Columbus, OH; Ryan Blackney, Thompson Hine LLP, Chicago, IL for plaintiff.
for defendant: Michael A. Pittenger, Christopher N. Kelly, Tyler J. Leavengood, David A. Seal, Callan R. Jackson, Christopher D. Renaud, Ryan M. Ellingson, Potter Anderson & Corroon LLP, Wilmington, DE for defendants.
Case Number: 2023-1013-LWW
Court denied stockholder's motion for a preliminary injunction to require company to allow stockholder's nominees to stand for election to the board and to grant the stockholder's request for exemption from a rights plan, where stockholder failed to present sufficient evidence to demonstrate its likelihood of prevailing on its breach of fiduciary duty claims against the board.
Publication Date: 2023-12-11
Practice Area: Patent Litigation
Industry: Legal Services | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Connolly
Attorneys: For plaintiff:
for defendant:
Case Number: 21-1247-CFC
Court referred plaintiffs' counsel for disciplinary investigations after finding that they acted at the direction of patent monetization firms rather than the named plaintiffs in the present patent infringement cases.
Publication Date: 2023-12-04
Practice Area: Patent Litigation
Industry: Entertainment and Leisure | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Williams
Attorneys: For plaintiff:
for defendant:
Case Number: 15-611-GBW
Court granted leave to supplement damages expert report where, although supplementation would cause defendants to incur additional discovery expenses, there would be no delay of trial and the report was critical to plaintiff's ability to prove damages at trial.
Publication Date: 2023-11-27
Practice Area: Mergers and Acquisitions
Industry: Manufacturing | Technology Media and Telecom
Court: Delaware Superior Court
Judge: Judge Wallace
Attorneys: For plaintiff: Katharine L. Mowery, Dorronda Bordley, Richards, Layton & Finger, P.A., Wilmington, DE; David W. Long-Daniels, M. Allyson Lumpkin, Ansley K. Fantaski, Squire Patton Boggs (US) LLP, Atlanta, GA for plaintiff.
for defendant: Joanna J. Cline, Emily L. Wheatley, Troutman Pepper Hamilton Sanders LLP, Wilmington, DE; Michael S. Hino, Troutman Pepper Hamilton Sanders LLP, Berwyn, PA for defendant.
Case Number: N22C-08-489
Court ordered escrow released where company had failed to state a valid claim for indemnification as it had not identified any extant loss that it had incurred or paid for.
Publication Date: 2023-11-20
Practice Area: Patent Litigation
Industry: Automotive | Manufacturing | Technology Media and Telecom
Court: U.S. District Court of Delaware
Judge: District Judge Andrews
Attorneys: For plaintiff: Brian E. Farnan, Michael J. Farnan, Farnan LLP, Wilmington, DE; John M. Hughes, Andrew C. Baak, Taylor J. Kelson, Bartlit Beck LLP, Denver, CO; Rebecca T. Horwitz, Mark L. Levine, Bartlit Beck LLP, Chicago, IL for plaintiff.
for defendant: Daryll Hawthorne-Bernardo, Christian J. Singewald, White & Williams LLP, Wilmington, DE; Frank C. Cimino, Jr., Megan S. Woodworth, Jonathan L. Falkler, Charles J. Monterio, Jr., Venable LLP, Washington, DC for defendant.
Case Number: 18-1647-RGA
Court granted summary judgment of non-infringement after accepting defendant's proposed claim construction and struck plaintiff's supplemental declaration raising a doctrine of equivalents theory as untimely where plaintiff never raised the theory in its complaint or during discovery.
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