• Griffith v. Stein

    Publication Date: 2022-09-06
    Practice Area: Deals and Transactions
    Industry: Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Anthony A. Rickey, Margrave Law LLC, Wilmington, DE; Raffi Melkonian, Wright Close & Bargar, LLP, Houston, TX for appellant.
    for defendant: Brian Farnan, Michael Farnan, Rosemary Piergiovanni, Farnan LLP, Wilmington, DE; A. Arnold Gershon, Michael A. Toomey, Barrack, Rodos & Bacine, New York, NY; Kevin G. Abrams, J. Peter Shindel, Jr., Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; Robert J. Giuggra, Jr., David M.J. Rein, Sullivan & Cromwell LLP, New York, NY; Kevin M. Gallagher, Richards, Layton & Finger, P.A., Wilmington, DE for appellees.

    Case Number: D69949

    Court reversed the chancery court's decision approving a litigation settlement which included forward-looking statements that bound absent interested parties from bringing claims in the future, in violation of the Due Process Clause.

  • Baldwin v. New Wood Res. LLC

    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.

  • Cousins v. Goodier

    Publication Date: 2022-08-30
    Practice Area: Personal Injury
    Industry: Education | Legal Services
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Stephen J. Neuberger, Thomas S. Neuberger, The Neuberger Firm, P.A., Wilmington, DE for appellant.
    for defendant: Rodney A. Smolla, Wilmington, DE; Douglas D. Herrmann, Troutman Pepper Hamilton Saunders LLP, Wilmington, DE for appellee.

    Case Number: D69939

    Defamation | Tortious Interference with Contract | Loss of Employment | First Amendment Defense

  • Croda Inc. v. New Castle County

    Publication Date: 2022-08-09
    Practice Area: Land Use and Planning
    Industry: Chemicals and Materials | Manufacturing | State and Local Government
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Richard A. Forsten, Pamela J. Scott, Elizabeth S. Fenton, Saul Ewing Arnstein & Lehr LLP, Wilmington, DE; Stephen A. Swedlow, Athena D. Dalton, Quinn Emanuel Urquhart & Sullivan, LLP, Chicago, IL for appellant.
    for defendant: Mary A. Jacobson, Nicholas J. Brannick, New Castle County Office of Law, New Castle, DE for appellee.

    Case Number: D69910

    Lack of proper notice of zoning amendment could not render challenge to county ordinance timely under statute of repose where tolling was not applicable to statutes of repose.

  • NVIDIA Corp. v. City of Westland Police & Fire Ret. Sys.

    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.

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    District of Columbia Legal Malpractice Law 2024

    Authors: Shari L. Klevens, Alanna G. Clair

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  • Jack Lingo Asset Mgmt., LLC v. The Bd. of Adjustment of the City of Rehoboth Beach

    Publication Date: 2022-08-02
    Practice Area: Land Use and Planning
    Industry: Real Estate | State and Local Government
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: David C. Hutt, R. Eric Hacker, Michelle G. Bounds, Morris James LLP, Georgetown, DE for appellants.
    for defendant: Frederick A. Townsend, III, D. Barrett Edwards, IV, Hudson, Jones, Jaywork & Fisher LLC for appellee.

    Case Number: D69907

    City erred in denying application to install unroofed exit walkway on property due to exceeding floor area/parking requirements, where local zoning code did not unambiguously include such walkways within the definition of space counting towards gross floor area

  • In re GGP, Inc. Stockholder Litig.

    Publication Date: 2022-08-02
    Practice Area: Mergers and Acquisitions
    Industry: Investments and Investment Advisory | Real Estate
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Michael Hanrahan, Ronald A. Brown, Jr., Stephen D. Dargitz, J. Clayton Athey, Marcus E. Montejo, Samuel L. Closic, Prickett Jones & Elliott, P.A., Wilmington, DE; Carl L. Stine, Adam J. Blander, Antoinette Adesanya, Wolf Popper LLP, New York, NY; Brian D. Long, Long Law, LLC, Wilmington, DE; Frank P. DiPrima, Law Office of Frank DiPrima, P.A., Morristown, NJ for appellants.
    for defendant: Kevin G. Abrams, John M. Seaman, Matthew L. Miller, Abrams & Bayliss LLP, Wilmington, DE; John A. Neuwirth, Evert J. Christensen, Jr., Seth Goodchild, Matthew S. Connors, Nicole E. Prunetti, Weil, Gotshal & Manges LLP, New York, NY; Peter J. Walsh, Jr., Berton W. Ashman, Jr., and Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE; Peter E. Kazanoff, Michael J. Garvey, Sara A. Ricciardi, Simpson Thacher & Bartlett LLP, New York, NY; Raymond J. Dicamillo, Susan M. Hannigan, Richards, Layton & Finger, Wilmington, DE; Brian T. Frawley, Y. Carson Zhou, Sullivan & Cromwell LLP, New York, NY; David J. Teklits, Thomas P. Will, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE for appellees.

    Case Number: D69905

    Dividing merger transaction into substantial pre-closing dividend and meager "per share merger consideration" did not frustrate stockholders' appraisal rights since dividend legally constituted merger consideration.

  • Diep v. Trimaran Pollo Partners, LLC

    Publication Date: 2022-07-12
    Practice Area: Corporate Governance
    Industry: Food and Beverage | Hospitality and Lodging | Investments and Investment Advisory
    Court: Delaware Supreme Court
    Judge: Justice Seitz
    Attorneys: For plaintiff: Ralph N. Sianni, Andersen Sleater Sianni LLC, Wilmington, DE; Hung G. Ta, JooYun Kim, Natalia D. Williams, HGT LAW, New York, NY; Peter Safirstein, Safirstein Metcalf LLP, New York, NY for appellant.
    for defendant: Kurt M. Heyman, Jamie L. Brown, Heyman Enerio Gattuso & Hirzel LLP, Wilmington, DE; Adam H. Offenhartz, Gibson, Dunn & Crutcher LLP, New York, NY; Tyler H. Amass, Gibson, Dunn & Crutcher LLP, Denver, CO for appellees.

    Case Number: D69883

    Chancery court properly granted corporation's special litigation committee's motion to dismiss derivative claims, where there was not sufficient evidence to raise a material dispute regarding the independence of the SLC or the reasonableness of the findings of the SLC's investigation into the claims.

  • Stream TV Networks, Inc. v. SeeCubic, Inc.

    Publication Date: 2022-06-28
    Practice Area: Corporate Governance
    Industry: Investments and Investment Advisory | Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Valihura
    Attorneys: For plaintiff: Andrew S. Dupre, Brian R. Lemon, Steven P. Wood, Sarah E. Delia, Stephanie H. Dallaire, McCarter & English, LLP, Wilmington, DE for appellants.
    for defendant: Robert S. Saunders, Jenness E. Parker, Bonnie W. David, Lilianna Anh P. Townsend, Trevor T. Nielson, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE; Eben P. Colby, Marley Ann Brumme, Skadden, Arps, Slate, Meagher & Flom LLP, Boston, MA for appellee.

    Case Number: D69864

    Board committee action approving omnibus agreement moving company's assets into a "NewCo" was invalid where company's charter required approval of one class of shareholders for "asset transfers."

  • TransPerfect Global, Inc. v. Pincus

    Publication Date: 2022-06-28
    Practice Area: Corporate Entities
    Industry: Technology Media and Telecom
    Court: Delaware Supreme Court
    Judge: Justice Traynor
    Attorneys: For plaintiff: Frank E. Noyes, II, Offit Kurman, P.A., Wilmington, DE; Adam K. Bult, Brownstein Hyatt Farber Schreck, LLP, Las Vegas, NV; Jeremy Eicher, Eicher Law LLC, Wilmington, DE; Alan M. Dershowitz, Cambridge, MA for appellants.
    for defendant: Jennifer C. Voss, Cliff C. Gardner, Elisa M.C. Klein, Skadden, Arps, Slate, Meagher & Flom LLP, Wilmington, DE for appellee.

    Case Number: D69868

    Chancery court erred in holding company's majority shareholder and controller in contempt of violating an exclusive jurisdiction order where shareholder was not a party to the out-of-state action filed in contempt of the chancery court's order and where controlling stake did not itself make shareholder personally liable for the company's conduct.