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Publication Date: 2023-01-17
Practice Area: Real Estate
Industry:
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: David C. Hutt, Michelle G. Bounds, Morris James LLP, Georgetown, DE for petitioner.
for defendant: Dean Campbell, Law Office of Dean A. Campbell, PA, Milton, DE for respondents.
Case Number: 2021-0614-SG
Homeowners' association could obtain adverse possession over boat ramps by maintaining the amenity and restricting access to the association's members
Publication Date: 2023-01-03
Practice Area: Real Estate
Industry: Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff:
for defendant:
Case Number: 2021-0700-PWG
Master correctly stayed plaintiffs' motion to supplement complaint filed during the pendency of exceptions to the master's report, where new allegations were previously in plaintiffs' possession and were directly targeted to address the weaknesses identified by the master's report.
Publication Date: 2022-12-20
Practice Area: Business Torts
Industry: E-Commerce | Health Care | Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Stephen C. Norman, Jaclyn C. Levy, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiff.
for defendant: Gary W. Lipkin, Saul Ewing Arnstein & Lehr, LLP, Wilmington, DE for defendants.
Case Number: 2021-0806-SG
Fraud claims were not barred by economic loss doctrine where plaintiff had alleged fraudulent representations and concealment committed by defendants outside the scope of the parties' contractual obligations, such that the fraud allegations were distinct from allegations of non-performance.
Publication Date: 2022-12-13
Practice Area: Mergers and Acquisitions
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Corinne Elise Amato, Kevin H. Davenport, Samuel L. Closic, Jason W. Rigby, Prickett, Jones & Elliott, P.A., Wilmington, DE; Eric L. Zagar, J. Daniel Albert, Kessler Topaz Meltzer & Check, LLP, Radnor, PA for plaintiff.
for defendant: William B. Chandler III, Brad D. Sorrels, Daniyal M. Iqbal, Nora M. Crawford, Wilson Sonsini Goodrich & Rosati, P.C., Wilmington, DE; Steven Guggenheim, Wilson Sonsini Goodrich & Rosati, P.C., Palo Alto, CA; S. Mark Hurd, Miranda Gilbert, Morris Nichols Arsht & Tunnel, LLP, Wilmington, DE; Danny David, Amy Pharr Hefley, Baker Botts L.L.P., Houston, TX for defendants.
Case Number: 2020-0435-SG
Special committee directors were dismissed from case challenging merger transaction, where plaintiff could not show that directors lacked independence from corporate controller or had engaged in willful dereliction of duty to the level of bad faith.
Publication Date: 2022-11-15
Practice Area: Contracts
Industry: Investments and Investment Advisory | Real Estate
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: David E. Ross, Eric D. Selden, Ross Aronstam & Moritz LLP, Wilmington, DE; Kevin B. Huff, Kellogg, Hansen, Todd, Figel & Frederick, P.L.L.C., Washington, DC for plaintiff.
for defendant: R. Judson Scaggs, Jr., Thomas P. Will, Morris, Nichols, Arsht & Tunnell, LLP, Wilmington, DE; Robert A. Van Kirk, Sarah F. Kirkpatrick, James M. Rice, Nicholas A. Maricic, Williams & Connolly LLP, Washington, DC for defendants.
Case Number: 2021-0944-SG
Plaintiff could pursue tortious interference with contract claim against third party by alleging that it knew of exclusivity provisions in plaintiff's contract based on industry practice and past practice between plaintiff's affiliates and the third party, and by alleging that third party's decision to usurp business opportunities would result in breach of the contract.
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Authors: Joseph S. Britton
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Publication Date: 2022-10-11
Practice Area: Civil Procedure
Industry: E-Commerce | Health Care | Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Stephen Norman, Jaclyn Levy, Charles Hallinan, Potter Anderson & Corroon LLP, Wilmington, DE for plaintiff.
for defendant: Gary Lipkin, Alexandra D. Rogin, Eckert Seamans Cherin & Mellott, LLC, Wilmington, DE for defendants.
Case Number: 2021-0806-SG
Court of Chancery held that they had proper subject matter jurisdiction over a case where plaintiffs pled breach of contract, torts, and equitable fraud. The court noted that because plaintiffs pled equitable fraud, which could not be properly adjudged by law, jurisdiction was proper.
Publication Date: 2022-09-20
Practice Area: Corporate Governance
Industry: Investments and Investment Advisory | Software
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Michael J. Barry, Vivek Upadhya, Grant & Eisenhofer, P.A., Wilmington, DE; Thomas Curry, Tayler D. Bolton, Saxena White P.A., Wilmington, DE; Chad Johnson, Noam Mandel, Desiree Cummings, Jonathan Zweig, Sarah Delaney, Robbins Geller Rudman & Dowd LLP, New York, NY; Jeremy S. Friedman, David Tejtel, Friedman Oster & Tejtel PLLC, Bedford Hills, NY, D. Seamus Kaskela, Kaskela Law LLC, Newton Square, PA; Julia Goldsmith Reiser, Cohen Milstein Sellers & Toll PLLC, Washington, DC; Richard A. Speirs, Amy Miller, Cohen Milstein Sellers & Toll PLLC, New York, NY for plaintiffs.
for defendant: Raymond J. DiCamillo, Kevin M. Gallagher, Alexander M. Krischik, Richards, Layton & Finger, P.A., Wilmington, DE; Sandra C. Goldstein, Stefan Atkinson, Byron Pacheco, Kirkland & Ellis LLP, New York, NY; William M. Lafferty, Ryan D. Stottmann, Alexandra M. Cumings, Morris Nichols Arsht & Tunnell LLP, Wilmington, DE; Sameer Advani, Wesley R. Powell, Patricia O. Haynes, Willkie Farr & Gallagher LLP, New York, NY; A. Thompson Bayliss, Stephen C. Childs, Abrams & Bayliss LLP, Wilmington, DE; Peter L. Welsh, C. Thomas Brown, Patrick T. Roath, Ropes & Gray LLP, Boston, MA; Edward R. McNicholas, Ropes & Gray LLP, Washington, DC; John L. Reed, Ronald N. Brown, Peter H. Kyle, Kelly L. Freund, Dla Piper LLP, Wilmington, DE; Paul R. Bessette, Michael J. Biles, Daniel M. Wodnicki, King & Spalding LLP, Austin, TX; Benjamin Lee, Benjamin B. Watson, King & Spalding LLP, Atlanta, GA, for defendants.
Case Number: 2021-0940-SG
Court granted board of directors' motion to dismiss a claim for breach of loyalty after plaintiff shareholders sued following a cybersecurity attack that led to a substantial drop in the company's stock value.
Publication Date: 2022-09-06
Practice Area: Mergers and Acquisitions
Industry: Energy
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Kenneth J. Nachbar, Susan W. Waesco, Matthew R. Clark, Morris, Nichols, Arsht & Tunnell LLP, Wilmington, DE; Antony L. Ryan, Kevin J. Orsini, Michael P. Addis, David H. Korn, Cravath, Swaine & Moore LLP, New York, NY for plaintiff.
for defendant: Rolin P. Bissell, James M. Yoch, Jr., Alberto E. Chávez, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Michael C. Holmes, John C. Wander, Craig E. Zieminski, Andy E. Jackson, Vinson & Elkins LLP, Dallas, TX for defendants.
Case Number: D69942
Shifting of contingency fee in litigation to recover breakup fee in merger agreement was reasonable where agreement only limited shifted fees to be "reasonable" and contingency fee percentage and supporting lodestar figures were reasonable under the circumstances of the case.
Publication Date: 2022-08-30
Practice Area: Trusts and Estates
Industry: Investments and Investment Advisory
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: David E. Ross, Eric D. Selden, A. Gage Whirley, Ross Aronstam & Moritz, LLP, Wilmington, DE; John F. Hartmann, P.C., Ravi Subramanian Shankar, Kirkland & Ellis LLP, Chicago, IL for plaintiffs.
for defendant: Stephen C. Norman, Ellis H. Huff, Potter Anderson & Corroon LLP, Wilmington, DE; Norman M. Powell, Emily V. Burton, Lauren Dunkle Fortunato, Michael E. Neminski, Nehama L. Hanoch, Young Conaway Stargatt & Taylor, LLP, Wilmington, DE; Brett M. McCartney, Elizabeth A. Powers, Sarah T. Andrade, Bayard, P.A., Wilmington, DE; Michael K. Hurst, Sara H. Chelette, Lynn Pinker Hurst & Schwegmann, Dallas, TX for defendants.
Case Number: D69936
Sophisticated transactional arrangement did not list plaintiffs as beneficiaries or holders of beneficial interest in certain exchange trusts, therefore causing plaintiffs to lack standing to seek removal of the trust advisor of the exchange trusts.
Publication Date: 2022-08-16
Practice Area: Contracts
Industry: Health Care
Court: Court of Chancery
Judge: Vice Chancellor Glasscock
Attorneys: For plaintiff: Michael A. Barlow and Adam K. Schulman, Abrams & Bayliss LLP, Wilmington, DE; Anthony Bongiorno and Jessica Reese, Quinn Emanuel Urquhart & Sullivan, LLP, Boston, MA; Rollo C. Baker IV, Jared Ruocco, and Eric White, Quinn Emanuel Urquhart & Sullivan, LLP, New York, NY for plaintiffs.
for defendant: Lewis H. Lazarus, K. Tyler O’Connell, Albert J. Carroll, and Barnaby Grzaslewicz, Morris James LLP, Wilmington, DE; Stephen C. Hackney, P.C., Timothy W. Knapp, P.C., and Brendan E. Ryan, Kirkland & Ellis LLP, Chicago, IL for defendants.
Case Number: D69921
In lieu of a demonstration of likelihood of success on the merits, court granted preliminary injunctive relief compelling specific performance, conditioned on plaintiffs' posting of a bond sufficient to cover the service fees defendants were owed under the parties contract.
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