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February 06, 2023 | Delaware Business Court Insider

Company Formed Via SPAC Seeks to Validate Certification of Incorporation and Nasdaq Stocks

This suit was surfaced by Law.com Radar. Read the complaint here.
1 minute read
January 31, 2023 | Delaware Law Weekly

Young Conaway Partner Added to Management Committee

Young Conaway Stargatt & Taylor announced the election of partner Elena C. Norman as a member of the firm's management committee.
2 minute read
January 30, 2023 | Delaware Business Court Insider

Delaware Abandons Efforts to Enforce Party Balance on State Courts

In something of a surprise announcement, Delaware Gov. John Carney has agreed that the longstanding requirement is unenforceable.
3 minute read
January 30, 2023 | Delaware Law Weekly

Carney Agrees to Settle Lawsuit Over Party Balance on Delaware Courts

In something of a surprise announcement, Delaware Gov. John Carney has agreed that the longstanding requirement is unenforceable.
3 minute read
January 24, 2023 | Delaware Law Weekly

AIG Subsidiary's Chapter 11 Filing Is 'Abuse of the Bankruptcy Process,' Ex-Employees Say

The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
January 24, 2023 | Delaware Business Court Insider

Ex-Employees Say AIG Subsidiary's Chapter 11 Filing Is 'Abuse of the Bankruptcy Process'

The move was aimed at maintaining AIG's interest while giving the employees, the only non-insider creditors identified to date, less than 0.02% of what they're seeking in a Connecticut Superior Court case.
3 minute read
January 23, 2023 | Pro Mid Market

Who Got the Work: Actelion Pharmaceuticals US Fights RICO Class Action, Parse Biosciences Fights Patent Suit

William F. Cavanaugh Jr. and Jonah M. Knobler of Patterson Belknap Webb & Tyler and Matt Powers of O'Melveny & Myers have stepped in to represent Actelion Pharmaceuticals US Inc. in a pending civil RICO class action; Karen L. Pascale of Young Conaway Stargatt & Taylor has entered an appearance for Parse Biosciences Inc. in a pending patent lawsuit asserting three patents for single-cell sequencing technology.
3 minute read
January 23, 2023 | Delaware Law Weekly

Young Conaway Del. IP Litigator Named Partner

Young Conaway Stargatt & Taylor announced that Samantha G. Wilson has been named partner, effective Jan. 1.
1 minute read
January 18, 2023 | Law.com

Critical Mass With Law.com's Amanda Bronstad: 3M Asks 11th Circuit To Overturn 'Unwarranted and Unlawful' Sanctions Order, Trial Begins Over Elon Musk's Tweets About Tesla

Welcome to Law.com Class Actions: Critical Mass, a weekly briefing for class action and mass tort attorneys.
6 minute read
Ainslie v. Fitzgerald
Publication Date: 2023-01-17
Practice Area: Contracts
Industry: Financial Services and Banking | Investments and Investment Advisory
Court: Delaware Superior Court
Judge: Judge Zurn
Attorneys:
For plaintiff: Blake A. Bennett, Cooch & Taylor P.A., Wilmington, DE; Joseph Delich, Alex Potter, Kevin Goode, Freedman Nordmand Friedland LLP, New York, NY; Kyle Roche, Kyle Roche, P.A., New York, NY for plaintiffs.
For defendant: C. Barr Flinn, Paul J. Loughman, Alberto E. Chávez, Skyler A. Speed, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; David A. Paul, Cantor Fitzgerald, New York, NY for defendant.
Case number: 9436-VCZ

The court granted in part and denied in part parties' cross-motions for summary judgment regarding the appropriateness of penalties arising out of a partnership's restrictive covenants.

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